Targa Resources Net Income
| TRGP Stock | USD 223.89 5.63 2.58% |
As of the 17th of February 2026, Targa Resources has the Coefficient Of Variation of 364.28, semi deviation of 1.15, and Risk Adjusted Performance of 0.2265. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Targa Resources, as well as the relationship between them.
Targa Resources Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 3.7615 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 807.1 M | 847.5 M | |
| Net Income | 1.8 B | 1.9 B | |
| Net Income From Continuing Ops | 1.8 B | 1.9 B | |
| Net Income Per Share | 5.19 | 5.45 | |
| Net Income Per E B T | 0.59 | 0.41 |
Targa | Net Income | Build AI portfolio with Targa Stock |
Evaluating Targa Resources's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Targa Resources's fundamental strength.
Latest Targa Resources' Net Income Growth Pattern
Below is the plot of the Net Income of Targa Resources over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Targa Resources financial statement analysis. It represents the amount of money remaining after all of Targa Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Targa Resources' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Targa Resources' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.55 B | 10 Years Trend |
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Net Income |
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Targa Net Income Regression Statistics
| Arithmetic Mean | 278,885,073 | |
| Coefficient Of Variation | 273.15 | |
| Mean Deviation | 569,225,986 | |
| Median | 58,300,000 | |
| Standard Deviation | 761,771,908 | |
| Sample Variance | 580296.4T | |
| Range | 3.1B | |
| R-Value | 0.56 | |
| Mean Square Error | 425896T | |
| R-Squared | 0.31 | |
| Significance | 0.02 | |
| Slope | 84,254,277 | |
| Total Sum of Squares | 9284743T |
Targa Net Income History
Other Fundumenentals of Targa Resources
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Targa Resources Net Income component correlations
Targa Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Targa Resources is extremely important. It helps to project a fair market value of Targa Stock properly, considering its historical fundamentals such as Net Income. Since Targa Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Targa Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Targa Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
Can Oil & Gas Storage & Transportation industry sustain growth momentum? Does Targa have expansion opportunities? Factors like these will boost the valuation of Targa Resources. If investors know Targa will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Targa Resources demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.257 | Dividend Share 3.75 | Earnings Share 7.41 | Revenue Per Share | Quarterly Revenue Growth 0.078 |
Investors evaluate Targa Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Targa Resources' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Targa Resources' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Targa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Targa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Targa Resources' market price signifies the transaction level at which participants voluntarily complete trades.
Targa Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Targa Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Targa Resources.
| 11/19/2025 |
| 02/17/2026 |
If you would invest 0.00 in Targa Resources on November 19, 2025 and sell it all today you would earn a total of 0.00 from holding Targa Resources or generate 0.0% return on investment in Targa Resources over 90 days. Targa Resources is related to or competes with EQT, ONEOK, Cenovus Energy, Woodside Energy, Cheniere Energy, Occidental Petroleum, and Energy Transfer. Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops... More
Targa Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Targa Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Targa Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.2312 | |||
| Maximum Drawdown | 6.41 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.96 |
Targa Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Targa Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Targa Resources' standard deviation. In reality, there are many statistical measures that can use Targa Resources historical prices to predict the future Targa Resources' volatility.| Risk Adjusted Performance | 0.2265 | |||
| Jensen Alpha | 0.4163 | |||
| Total Risk Alpha | 0.3132 | |||
| Sortino Ratio | 0.2298 | |||
| Treynor Ratio | 1.55 |
Targa Resources February 17, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2265 | |||
| Market Risk Adjusted Performance | 1.56 | |||
| Mean Deviation | 1.28 | |||
| Semi Deviation | 1.15 | |||
| Downside Deviation | 1.62 | |||
| Coefficient Of Variation | 364.28 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.61 | |||
| Information Ratio | 0.2312 | |||
| Jensen Alpha | 0.4163 | |||
| Total Risk Alpha | 0.3132 | |||
| Sortino Ratio | 0.2298 | |||
| Treynor Ratio | 1.55 | |||
| Maximum Drawdown | 6.41 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.96 | |||
| Downside Variance | 2.64 | |||
| Semi Variance | 1.32 | |||
| Expected Short fall | (1.39) | |||
| Skewness | (0.24) | |||
| Kurtosis | (0.41) |
Targa Resources Backtested Returns
Targa Resources appears to be very steady, given 3 months investment horizon. Targa Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.3, which indicates the firm had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Targa Resources, which you can use to evaluate the volatility of the company. Please review Targa Resources' Coefficient Of Variation of 364.28, semi deviation of 1.15, and Risk Adjusted Performance of 0.2265 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Targa Resources holds a performance score of 23. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Targa Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Targa Resources is expected to be smaller as well. Please check Targa Resources' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Targa Resources' existing price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Targa Resources has very good predictability. Overlapping area represents the amount of predictability between Targa Resources time series from 19th of November 2025 to 3rd of January 2026 and 3rd of January 2026 to 17th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Targa Resources price movement. The serial correlation of 0.81 indicates that around 81.0% of current Targa Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 253.08 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Targa Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Targa Resources reported net income of 1.55 B. This is 31.62% lower than that of the Oil, Gas & Consumable Fuels sector and 130.48% higher than that of the Energy industry. The net income for all United States stocks is 172.08% lower than that of the firm.
Targa Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Targa Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Targa Resources could also be used in its relative valuation, which is a method of valuing Targa Resources by comparing valuation metrics of similar companies.Targa Resources is currently under evaluation in net income category among its peers.
Targa Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Targa Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Targa Resources' managers, analysts, and investors.Environmental | Governance | Social |
Targa Resources Institutional Holders
Institutional Holdings refers to the ownership stake in Targa Resources that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Targa Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Targa Resources' value.| Shares | Tortoise Midstream Energy Fund, Inc. | 2025-06-30 | 2.8 M | Dimensional Fund Advisors, Inc. | 2025-06-30 | 2.3 M | Amundi | 2025-06-30 | 2.2 M | Ubs Group Ag | 2025-06-30 | 2.1 M | Goldman Sachs Group Inc | 2025-06-30 | 2.1 M | Northern Trust Corp | 2025-06-30 | 2.1 M | Fmr Inc | 2025-06-30 | 2 M | Canada Pension Plan Investment Board | 2025-06-30 | 1.9 M | Chickasaw Capital Management, Llc | 2025-06-30 | 1.8 M | Vanguard Group Inc | 2025-06-30 | 28 M | Blackrock Inc | 2025-06-30 | 21.1 M |
Targa Fundamentals
| Return On Equity | 0.5 | ||||
| Return On Asset | 0.0845 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 65.37 B | ||||
| Shares Outstanding | 214.66 M | ||||
| Shares Owned By Insiders | 1.38 % | ||||
| Shares Owned By Institutions | 94.70 % | ||||
| Number Of Shares Shorted | 6.58 M | ||||
| Price To Earning | 75.42 X | ||||
| Price To Book | 17.76 X | ||||
| Price To Sales | 2.77 X | ||||
| Revenue | 16.63 B | ||||
| Gross Profit | 6.26 B | ||||
| EBITDA | 4.14 B | ||||
| Net Income | 1.55 B | ||||
| Cash And Equivalents | 154 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 14.27 B | ||||
| Debt To Equity | 1.70 % | ||||
| Current Ratio | 0.69 X | ||||
| Book Value Per Share | 12.60 X | ||||
| Cash Flow From Operations | 3.65 B | ||||
| Short Ratio | 5.34 X | ||||
| Earnings Per Share | 7.41 X | ||||
| Price To Earnings To Growth | 1.23 X | ||||
| Target Price | 213.15 | ||||
| Number Of Employees | 3.37 K | ||||
| Beta | 0.87 | ||||
| Market Capitalization | 48.18 B | ||||
| Total Asset | 22.73 B | ||||
| Retained Earnings | 1.19 B | ||||
| Working Capital | (876.3 M) | ||||
| Current Asset | 920 M | ||||
| Current Liabilities | 881.6 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 7.20 % | ||||
| Net Asset | 22.73 B | ||||
| Last Dividend Paid | 3.75 |
About Targa Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Targa Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Targa Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Targa Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Targa Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Targa Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Targa Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Targa Stock
| 0.89 | AM | Antero Midstream Partners Earnings Call Tomorrow | PairCorr |
| 0.91 | EE | Excelerate Energy | PairCorr |
| 0.84 | ET | Energy Transfer LP Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Targa Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Targa Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Targa Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Targa Resources to buy it.
The correlation of Targa Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Targa Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Targa Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Targa Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Targa Stock Analysis
When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.