Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) Price to Book (2010 - 2026)

Targa Resources' (TRGP) quarterly Price to Book came in at 15.15 in Q2 2026, up 9.48% year-over-year from 13.84 in Q2 2025, and down 8.03% quarter-over-quarter from 16.47 in Q1 2026.

Analysis

Targa Resources (TRGP) Price to Book (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported Price to Book for 17 consecutive years, with 15.15 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to Book rose 9.48% year-over-year to 15.15 in Q2 2026; TTM through Jun 2026 was 15.15, a 9.48% increase from a year earlier, with the FY2025 full-year figure at 12.38, up 40.76% from the prior year.
  • Price to Book was 15.15 for Q2 2026 at Targa Resources, down from 16.47 in the prior quarter.
  • Over five years, Price to Book peaked at 16.95 in Q1 2025 and troughed at 2.89 in Q3 2022.
  • A 5-year average of 8.06 and a median of 5.96 in 2024 frame the typical range for Price to Book.
  • Across the five-year window, Price to Book soared 226.08% in 2022 and retreated 12.78% in 2023, its largest moves.
  • Over 5 years, Price to Book stood at 3.33 in 2022, then climbed by 25.79% to 4.19 in 2023, then soared by 109.73% to 8.8 in 2024, then surged by 40.76% to 12.38 in 2025, then gained by 22.32% to 15.15 in 2026.
  • The last three Price to Book figures came in at 15.15 (Q2 2026), 16.47 (Q1 2026), and 12.38 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.15
Mar 31, 2026 16.47
Dec 31, 2025 12.38
Sep 30, 2025 12.70
Jun 30, 2025 13.84
Mar 31, 2025 16.95
Dec 31, 2024 8.80
Sep 30, 2024 7.25
Jun 30, 2024 6.49
Mar 31, 2024 5.43
Dec 31, 2023 4.19
Sep 30, 2023 4.37
Jun 30, 2023 3.76
Mar 31, 2023 3.74
Dec 31, 2022 3.33
Sep 30, 2022 2.89
Jun 30, 2022 3.08
Mar 31, 2022 4.29
Dec 31, 2021 2.30
Sep 30, 2021 2.09