Targa Resources Corp. (TRGP) stock
TRGPNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 10/3027% above fair value
$296.30+4.52 (+1.55%)
Close on Nov 12, 2026Market cap $63.54BP/E 26.2Yield 1.27%
Targa Resources EV/EBITDA
EV/EBITDA is enterprise value divided by EBITDA over the trailing twelve months.
Targa Resources's EV/EBITDA was 14.9× on Nov 11, 2026, against 11.8× a year earlier. Over the last 5 years it ranged from 8.2× to 15.8×, with a median of 12.7×.
EV/EBITDA at the end of each year
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| 2026 | Nov 11, 2026 | 14.9× | +2.7 |
| 2025 | Dec 31, 2025 | 12.2× | −1.3 |
| 2024 | Dec 31, 2024 | 13.5× | +4.9 |
| 2023 | Dec 29, 2023 | 8.7× | −5.4 |
| 2022 | Dec 30, 2022 | 14.1× | +3.7 |
| 2021 | Dec 31, 2021 | 10.4× | −1.6 |
| 2020 | Apr 30, 2020 | 12.0× | −7.0 |
| 2019 | Dec 31, 2019 | 19.0× | +7.0 |
| 2018 | Dec 31, 2018 | 12.0× | −22.1 |
| 2017 | Dec 29, 2017 | 34.0× | +13.0 |
| 2016 | Dec 30, 2016 | 21.0× | +8.6 |
| 2015 | Dec 31, 2015 | 12.5× | −2.4 |
| 2014 | Dec 31, 2014 | 14.9× | +1.9 |
| 2013 | Dec 31, 2013 | 13.0× | +3.5 |
| 2012 | Dec 31, 2012 | 9.4× | −1.8 |
| 2011 | Dec 30, 2011 | 11.2× | – |
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