National Grid vs Targa Resources
NGG and TRGP side by side, both in gas production and distribution. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How NGG and TRGP compare
Targa Resources grew revenue faster over the last twelve months (−2.0% versus −3.8% for National Grid).
National Grid keeps more of each dollar of sales as profit, with a net margin of 18.3% compared with 13.5% at Targa Resources.
Targa Resources pays a dividend yielding 1.4%; National Grid does not pay one.
Targa Resources scores higher on the StockData Score (9 against 3 for National Grid), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | NGG | TRGP |
|---|---|---|
| Size and price | ||
| Market cap | – | $67.5B |
| Share price | $83.95 | $314.99 |
| Change, 1 year | 11.1% | 108% |
| Change, 5 years | 30.3% | 456% |
| Beta (5Y) | 0.40 | 0.62 |
| Employees | 33K | 3,570 |
| StockData Score | ||
| Total score | 3 | 9 (better) |
| Valuation score | 0 | 0 |
| Growth score | 0 | 2 (better) |
| Performance score | 2 | 5 (better) |
| Health score | 1 | 1 |
| Dividend score | 0 | 1 (better) |
| Valuation | ||
| P/E | – | 30.1× |
| P/S | – | 4.0× |
| P/B | – | 18.5× |
| EV/EBITDA | – | 15.8× |
| P/FCF | – | 91.2× |
| PEG | – | 1.01 |
| FCF yield | – | 1.1% |
| Fair value | – | $223.96 |
| Margin of safety | – | −40.6% |
| Growth | ||
| Revenue growth (TTM) | −3.8% | −2.0% (better) |
| Revenue growth, 5Y average | 5.3% | 15.6% (better) |
| Net income growth (TTM) | 11.7% | 38.4% (better) |
| EPS growth (TTM) | 6.2% | 50.1% (better) |
| EPS growth, 5Y average | 7.1% | – |
| Profitability | ||
| Gross margin | – | 43.2% |
| Operating margin | 30.7% (better) | 22.9% |
| Net margin | 18.3% (better) | 13.5% |
| FCF margin | – | 4.4% |
| Return on equity | 8.4% | 72.6% (better) |
| Return on invested capital | 5.0% | 14.7% (better) |
| Financial health | ||
| Debt / equity | 1.19 (better) | 5.20 |
| Net debt / EBITDA | 8.54 | 3.44 (better) |
| Interest coverage | 3.2× | – |
| Current ratio | 0.76 | 0.77 (better) |
| Altman Z-score | – | 2.79 |
| Piotroski F-score | – | 6 |
| Dividends and buybacks | ||
| Dividend yield | – | 1.4% |
| Payout ratio | 50.1% | – |
| Years of dividend growth | – | 4 |
| Dividend growth, 5Y average | – | 25.4% |
| Buyback yield | – | 0.49% |
| Shareholder yield | – | 1.9% |
| Ownership | ||
| Held by institutions | 1.2% | 95.1% |
| Held by insiders | 0.00% | 1.3% |
| Insider net buying, 12 months | – | −$34.3M |
| Superinvestors holding | – | 1 |
| Short interest, % of float | – | 2.5% |
Go deeper
- NGG stock overview
- NGG income statement
- NGG valuation and score
- TRGP stock overview
- TRGP income statement
- TRGP valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.