Targa Resources Corp. Financial Ratios — TRGP Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	444.78	222.1	- -	- -	- -	- -	- -	- -	- -	- -	155.97	110.37
Return on Assets (%)	0.85	0.85	1.17	1.64	0.59	-1.44	0.4	0.01	-1.17	-8.96	0.46	6.88	6.69	6.05	8.02
Return on Capital (%)	-2.19	0.45	0.82	-1.76	- -	- -	- -	1.68	- -	- -	1.11	11.97	11.68	10.32	13.76
Return on Invested Capital (%)	11.46	8.02	6.44	10.23	- -	- -	- -	3.15	- -	- -	9.97	11.23	12.5	11.9	13.31
Gross Margin (%)	11.07	14.25	14.34	14.77	17.67	15.1	12.47	13.64	17.2	26.74	13.86	14.1	25.24	25.98	29.39
EBITDA Margin (%)	7.61	9.68	10.2	11.45	16.8	15.34	12.26	12.05	17.05	25.64	12.91	13.5	24.63	25.14	28.46
Operating Margin (%)	5.02	6.2	5.89	7.38	7.12	4.02	3.08	4.27	5.85	15.17	7.77	8.26	16.35	16.45	19.56
Incremental Operating Margin (%)	10.31	-0.05	3.18	11.45	8.26	-634.67	0.12	10.54	-3.3	-181.57	0.74	10.35	-18.42	21.54	98.3
Pretax Margin (%)	3.46	3.45	3.95	5.7	-1.68	-3.88	-3.32	0.63	-0.54	-19.04	2.58	7.95	12.1	11.83	14.6
Profit Margin (%)	0.44	0.67	1.03	1.19	0.88	-2.8	0.61	0.02	-2.41	-18.81	0.42	5.71	8.38	8.01	11.29
Net Income to Common Margin (%)	0.44	0.67	1.03	1.19	0.88	-4.16	-0.72	-1.14	-3.85	-20.4	-0.09	4.54	8.38	8.01	11.29
Effective Tax Rate (%)	10.99	18.81	19.32	13.85	- -	- -	- -	8.35	- -	- -	3.39	7.92	18.7	19.84	21.3
Dvd Payout Ratio (%)	58.59	22.17	26.01	60.88	-188.15	-282.09	1,992.16	-46,982.35	503.6	-21.6	14.61	8.27	23.57	34.29	41.11
Sustainable Growth Rate (%)	- -	- -	- -	173.98	639.96	- -	- -	- -	- -	- -	- -	- -	- -	102.49	64.99

Credit (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	1,567	2,475	2,989	3,068	5,938	4,881	5,053	6,660	7,870	7,802	6,632	11,565	13,010	14,265	17,522
ST Debt	- -	- -	- -	183	219	275	350	1,028	382	369	163	834	621	388	770
LT Debt	1,567	2,475	2,989	2,885	5,719	4,606	4,703	5,632	7,487	7,433	6,469	10,731	12,390	13,877	16,752
Total Debt/EBITDA	2.94	4.5	4.64	3.11	5.31	4.75	4.67	5.27	5.32	3.68	3.03	4.09	3.29	3.46	3.62
Net Debt/EBITDA	2.67	4.37	4.54	3.03	5.18	4.68	4.55	5.09	5.04	3.53	2.93	3.93	3.17	3.33	3.49
Total Debt/EBIT	4.46	7.03	8.03	4.83	12.53	18.15	18.61	14.89	15.52	6.23	5.04	6.69	4.95	5.29	5.26
Net Debt/EBIT	4.05	6.82	7.85	4.7	12.23	17.88	18.11	14.37	14.69	5.97	4.87	6.41	4.77	5.09	5.08
EBITDA to Interest Expense	4.77	4.55	4.8	6.71	4.82	4.04	4.63	6.8	4.38	5.41	5.64	6.33	5.75	5.37	5.68
EBITDA-CapEx/Interest Expense	1.79	-0.27	-2.76	1.53	1.3	1.83	-0.93	-9.97	-4.14	2.98	4.34	3.34	2.28	1.5	1.77
EBIT to Interest Expense	3.15	2.91	2.77	4.32	2.04	1.06	1.16	2.41	1.5	3.2	3.4	3.88	3.82	3.51	3.91
Interest Expense	112	121	134	147	232	254	234	186	338	391	388	446	688	767	853
Common Equity/Total Assets	-1.83	-0.63	0.34	0.4	0.2	-1.45	-0.54	-0.77	-1.8	-11.93	-11.98	-3.2	2.38	5.24	9.1
Long-Term Debt/Equity (%)	117.76	141.17	142.94	113.62	91.5	80.46	69.61	75.39	88.68	125.92	124.91	215.38	268.76	314.09	523.79
Long-Term Debt/Capital (%)	58.7	61.08	60.36	52.81	53.18	89.1	84.41	71.1	67.75	81.17	81.1	80.96	80.59	80.3	83.98
Long-Term Debt/Total Assets (%)	40.9	48.49	49.42	44.71	43.29	35.79	32.69	33.25	39.79	46.82	42.54	54.86	59.94	61.04	66.43
Total Debt/Equity (%)	117.76	141.17	142.94	120.82	95.01	85.27	74.79	89.15	93.21	132.16	128.06	232.13	282.22	322.87	547.87
Total Debt/Capital (%)	58.7	61.08	60.36	56.16	55.22	94.42	90.69	84.08	71.2	85.19	83.14	87.25	84.63	82.55	87.84
Total Debt/Total Assets (%)	40.9	48.49	49.42	47.54	44.95	37.92	35.12	39.32	41.83	49.14	43.61	59.13	62.94	62.75	69.48
Net Debt to Equity	106.8	136.82	139.75	117.63	92.76	83.98	72.76	86.04	88.28	126.75	123.82	222.59	271.64	310.52	528.83
Net Debt/Capital (%)	56.31	60.33	59.82	55.5	54.63	94.33	90.46	83.6	69.52	83.93	82.02	85.07	82.22	80.12	85.5
EBITDA	532	550	644	987	1,118	1,027	1,081	1,263	1,479	2,118	2,188	2,825	3,956	4,118	4,846
EBITDA-CapEx	200	-33	-370	224	301	464	-216	-1,852	-1,399	1,167	1,683	1,491	1,570	1,153	1,513
Operating Income (Loss)	351	352	372	636	474	269	272	447	507	1,253	1,317	1,729	2,626	2,695	3,331

Liquidity (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.2	0.11	0.09	0.1	0.16	0.06	0.08	0.08	0.18	0.14	0.07	0.07	0.05	0.05	0.05
Current Ratio	1.17	1.07	1.16	1.07	1.05	0.86	0.79	0.51	0.89	0.82	0.77	0.77	0.79	0.72	0.67
Quick Ratio	0.97	0.86	0.94	0.78	0.77	0.7	0.6	0.39	0.63	0.62	0.65	0.53	0.58	0.56	0.46
CFO/Avg Current Liab	0.56	0.6	0.53	0.95	1.22	0.82	0.67	0.52	0.6	0.96	1.13	0.89	1.1	1.23	1.17
Common Equity/Total Assets	-1.83	-0.63	0.34	0.4	0.2	-1.45	-0.54	-0.77	-1.8	-11.93	-11.98	-3.2	2.38	5.24	9.1
Long-Term Debt/Equity (%)	117.76	141.17	142.94	113.62	91.5	80.46	69.61	75.39	88.68	125.92	124.91	215.38	268.76	314.09	523.79
Long-Term Debt/Capital (%)	58.7	61.08	60.36	52.81	53.18	89.1	84.41	71.1	67.75	81.17	81.1	80.96	80.59	80.3	83.98
Long-Term Debt/Total Assets (%)	40.9	48.49	49.42	44.71	43.29	35.79	32.69	33.25	39.79	46.82	42.54	54.86	59.94	61.04	66.43
Total Debt/Equity (%)	117.76	141.17	142.94	120.82	95.01	85.27	74.79	89.15	93.21	132.16	128.06	232.13	282.22	322.87	547.87
Total Debt/Capital (%)	58.7	61.08	60.36	56.16	55.22	94.42	90.69	84.08	71.2	85.19	83.14	87.25	84.63	82.55	87.84
Total Debt/Total Assets (%)	40.9	48.49	49.42	47.54	44.95	37.92	35.12	39.32	41.83	49.14	43.61	59.13	62.94	62.75	69.48
CFO/Total Liabilities	15.17	12.78	9.67	19.46	14.86	11.72	12.31	12.08	13.4	17.49	22.96	16.33	20	19.93	17.79
CFO/CapEx	1.14	0.73	0.38	1	1.27	1.49	0.72	0.37	0.48	1.83	4.56	1.78	1.35	1.23	1.18
Altman's Z-Score	2.54	1.94	1.99	2.53	0.88	1.52	1.56	1.19	1.11	1.01	2	2.17	2.08	2.52	2.34

Working Capital (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	13.42	10.41	10.76	14.06	12.3	11.24	11.74	12.38	10.08	9.62	15.45	15.28	11.16	10.61	11.01
Days Sales Outstanding	27.2	35.05	33.92	25.97	29.69	32.47	31.1	29.47	36.21	37.95	23.63	23.89	32.72	34.42	33.15
Inventory Turnover	87.24	50.83	43.26	45.96	35.38	40.76	45.09	49.05	44.02	35.29	87.19	65.71	31.38	34.36	31.49
Days Inventory Outstanding	4.18	7.18	8.44	7.94	10.32	8.95	8.09	7.44	8.29	10.34	4.19	5.55	11.63	10.62	11.59
Accounts Payable Turnover	14.6	8.3	8.9	12.44	10.4	9.36	9.2	8.19	6.66	6.79	13.03	12.78	7.93	6.74	6.24
Accounts Payable Turnover Days	25	43.96	41.01	29.34	35.11	38.99	39.69	44.57	54.81	53.76	28	28.56	46.05	54.16	58.52
Cash Conversion Cycle	6.38	-1.73	1.35	4.57	4.9	2.44	-0.5	-7.66	-10.31	-5.47	-0.19	0.89	-1.7	-9.12	-13.78
Inventory to Cash Days	23.01	27.87	25.48	18.03	19.37	23.52	23.01	22.03	27.92	27.61	19.44	18.34	21.09	23.79	21.56
Inventories	92	99	151	169	141	138	204	165	162	182	153	394	372	334	429
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	92	99	151	169	141	138	204	165	162	182	153	394	372	334	429

Enterprise Value (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	1,668	2,166	3,668	4,454	1,448	10,357	10,018	8,076	9,493	6,125	11,942	16,707	19,511	38,871	39,605
- Cash & Cash Equivalents	146	76	67	81	140	74	137	232	331	243	158	219	142	157	166
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	1,173	1,609	1,942	2,370	4,789	476	596	1,391	3,522	3,249	3,167	2,316	1,870	1,826	130
+ Total Debt	1,567	2,475	2,989	3,068	5,938	4,881	5,053	6,660	7,870	7,802	6,632	11,565	13,010	14,265	17,522
Enterprise Value	4,262	6,175	8,533	9,811	12,034	15,641	15,530	15,895	20,554	16,934	21,582	30,369	34,250	54,804	57,091
Total Capital	2,670	4,053	4,952	5,463	10,754	5,170	5,572	7,922	11,052	9,158	7,976	13,255	15,373	17,281	19,947
Total Debt/Capital (%)	58.7	61.08	60.36	56.16	55.22	94.42	90.69	84.08	71.2	85.19	83.14	87.25	84.63	82.55	87.84
Total Debt / EV	0.37	0.4	0.35	0.31	0.49	0.31	0.33	0.42	0.38	0.46	0.31	0.38	0.38	0.26	0.31
EV/Sales	0.61	1.09	1.35	1.14	1.81	2.34	1.76	1.52	2.37	2.05	1.27	1.45	2.13	3.35	3.35
EV/EBITDA	8.01	11.24	13.25	9.94	10.76	15.24	14.37	12.58	13.9	7.99	9.87	10.75	8.66	13.31	11.78
EV/EBIT	12.13	17.55	22.93	15.43	25.39	58.17	57.2	35.53	40.52	13.51	16.39	17.56	13.04	20.33	17.14
EV/Cash Flow to Firm	8.9	11.73	17.38	11.04	8.92	15.75	18.13	12.09	18.83	8.16	8.06	10.88	9.08	12.85	12.44
EV/Free Cash Flow to Firm	5.26	5.57	5.67	5.94	5.56	10.06	7.21	3.59	5.18	5.6	6.78	7.36	5.56	7.58	7.21
Diluted Market Cap	1,685	2,209	3,712	4,465	1,450	10,357	10,018	8,076	9,493	6,125	11,942	16,986	19,633	38,871	39,605
Diluted Enterprise Value	4,278	6,217	8,577	9,822	12,037	15,641	15,530	15,895	20,554	16,934	21,582	30,648	34,372	54,804	57,091
EV per Share	103.95	150.6	205.12	233.6	224.94	84.67	75.06	70.9	88.4	72.93	94.41	133.61	152.49	251.67	265.96
TTM Sales	6,994	5,679	6,315	8,616	6,659	6,691	8,815	10,484	8,671	8,260	16,950	20,930	16,060	16,382	17,028
TTM EBITDA	532	550	644	987	1,118	1,027	1,081	1,263	1,479	2,118	2,188	2,825	3,956	4,118	4,846
TTM Operating Income	351	352	372	636	474	269	272	447	507	1,253	1,317	1,729	2,626	2,695	3,331
TTM Cash Flow to Firm	479	526	491	889	1,349	993	856	1,314	1,092	2,074	2,678	2,792	3,771	4,265	4,589
TTM Free Cash Flow to Firm	811	1,109	1,504	1,651	2,166	1,555	2,154	4,429	3,970	3,026	3,183	4,126	6,156	7,230	7,922

Multiples (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	2.37	2.18	2.66	2.93	0.78	7.4	4.48	1.9	2.22	2.27	4.25	4.57	3.51	5.88	5.46
EV/EBIT	12.13	17.55	22.93	15.43	25.39	58.17	57.2	35.53	40.52	13.51	16.39	17.56	13.04	20.33	17.14
Enterprise Value	4,262	6,175	8,533	9,811	12,034	15,641	15,530	15,895	20,554	16,934	21,582	30,369	34,250	54,804	57,091
Low Price	26.01	38.7	54.31	84.17	23.33	14.55	39.59	33.55	32	3.66	25.85	52.19	64.85	81.03	144.14
EV/Sales	0.61	1.09	1.35	1.14	1.81	2.34	1.76	1.52	2.37	2.05	1.27	1.45	2.13	3.35	3.35
EV/EBITDA	8.01	11.24	13.25	9.94	10.76	15.24	14.37	12.58	13.9	7.99	9.87	10.75	8.66	13.31	11.78
Price/Earnings	54.34	56.86	56.34	43.54	24.83	- -	- -	- -	- -	- -	- -	17.59	14.5	29.63	20.6
Price/Earnings Average	43.79	49.41	44.07	47.48	70.62	-26.16	-161.88	-92.52	-27.59	-2.87	-595.63	16.17	13.15	22.14	19.54
Price/Earnings High	54.92	57.44	57.35	66.09	99.69	-39.42	-201.78	-111.27	-33.96	-5.81	-826.08	19.5	15.26	34.83	24.39
Price/Earnings Low	34.74	41.65	34.71	34.56	21.41	-9.66	-129.2	-63.05	-22.28	-0.5	-367.04	12.49	10.82	13.45	16.09
Price/Book Value	-23.8	-67.7	178.92	174.67	53.62	-55.36	-130.11	-62.03	-27.97	-3.24	-6.55	-26.66	39.64	32.66	17.26
Price/Book Value Average	-19.18	-58.83	139.93	190.47	152.49	-38.88	-133.29	-84.77	-27.15	-2.56	-5.26	-24.52	35.96	24.4	16.38
Price/Book Value High	-24.05	-68.39	182.11	265.13	215.25	-58.6	-166.14	-101.96	-33.42	-5.17	-7.3	-29.56	41.73	38.4	20.44
Price/Book Value Low	-15.21	-49.58	110.21	138.63	46.23	-14.36	-106.38	-57.77	-21.92	-0.45	-3.24	-18.93	29.59	14.83	13.48
Price/Tangible Book Value	1.26	2.02	2.55	2.29	0.36	2.68	2.31	1.48	1.42	1.35	2.92	7.43	8.64	15.93	25.6
Price/Tangible Book Value Average	1.01	1.76	2	2.49	1.02	1.88	2.37	2.03	1.37	1.07	2.35	6.84	7.83	11.9	24.29
Price/Tangible Book Value High	1.27	2.04	2.6	3.47	1.44	2.84	2.95	2.44	1.69	2.16	3.26	8.24	9.09	18.72	30.32
Price/Tangible Book Value Low	0.8	1.48	1.57	1.82	0.31	0.7	1.89	1.38	1.11	0.19	1.45	5.28	6.45	7.23	20
Price/Sales	0.24	0.38	0.58	0.52	0.22	1.55	1.14	0.77	1.09	0.74	0.7	0.8	1.21	2.37	2.33
Price/Sales Average	0.19	0.33	0.45	0.56	0.62	1.09	1.16	1.05	1.06	0.59	0.57	0.73	1.1	1.77	2.21
Price/Sales High	0.24	0.39	0.59	0.78	0.87	1.64	1.45	1.27	1.31	1.18	0.78	0.89	1.28	2.79	2.75
Price/Sales Low	0.15	0.28	0.36	0.41	0.19	0.4	0.93	0.72	0.86	0.1	0.35	0.57	0.91	1.08	1.82
Price/Cash Flow	4.4	5.06	9.58	5.85	1.4	12.37	10.66	7.06	6.83	3.51	5.19	7.02	6.08	10.65	10.11
Price/Cash Flow Average	3.54	4.4	7.5	6.38	3.98	8.69	10.92	9.65	6.63	2.78	4.16	6.45	5.51	7.96	9.59
Price/Cash Flow High	4.44	5.11	9.75	8.87	5.62	13.09	13.62	11.6	8.16	5.61	5.78	7.78	6.39	12.52	11.97
Price/Cash Flow Low	2.81	3.71	5.9	4.64	1.21	3.21	8.72	6.58	5.35	0.49	2.57	4.98	4.54	4.83	7.9
Price/Free Cash Flow Average	1.91	1.9	2.08	3.19	2.23	5.2	4.59	2.59	2.16	1.8	3.42	4.21	3.18	4.39	5.18
Price/Free Cash Flow High	2.39	2.21	2.71	4.45	3.14	7.83	5.72	3.12	2.66	3.63	4.74	5.07	3.69	6.91	6.47
Price/Free Cash Flow Low	1.51	1.6	1.64	2.33	0.68	1.92	3.66	1.77	1.74	0.32	2.1	3.25	2.62	2.67	4.27
EV/Sales Average	0.56	1.04	1.22	1.19	2.21	1.88	1.79	1.8	2.34	1.89	1.13	1.39	2.02	2.75	3.23
EV/Sales High	0.61	1.09	1.36	1.41	2.46	2.43	2.08	2.01	2.58	2.49	1.35	1.54	2.2	3.76	3.78
EV/Sales Low	0.52	0.99	1.13	1.03	1.78	1.19	1.55	1.46	2.13	1.41	0.92	1.22	1.82	2.05	2.84
EV/EBITDA Average	7.4	10.72	12.01	10.35	13.15	12.23	14.59	14.93	13.71	7.39	8.79	10.28	8.2	10.92	11.36
EV/EBITDA High	8.04	11.28	13.35	12.28	14.66	15.83	16.93	16.7	15.15	9.72	10.49	11.39	8.92	14.97	13.29
EV/EBITDA Low	6.88	10.18	11.06	9.01	10.58	7.76	12.68	12.14	12.51	5.5	7.11	9.04	7.41	8.15	9.99
EV/EBIT Average	11.21	16.74	20.78	16.07	31.03	46.7	58.1	42.15	39.97	12.49	14.6	16.79	12.35	16.69	16.53
EV/EBIT High	12.18	17.61	23.11	19.06	34.6	60.42	67.42	47.15	44.17	16.43	17.42	18.62	13.43	22.87	19.33
EV/EBIT Low	10.42	15.9	19.15	13.99	24.97	29.64	50.47	34.29	36.48	9.3	11.81	14.76	11.16	12.46	14.54
Last Price	40.69	52.84	88.17	106.05	27.06	56.07	48.42	36.02	40.83	26.38	52.24	73.5	86.87	178.5	184.5
High Price	41.12	53.38	89.74	160.97	108.63	59.35	61.83	59.21	48.78	42.13	58.18	81.5	91.44	209.87	218.51
Enterprise Value Average	3,938	5,891	7,734	10,214	14,704	12,558	15,775	18,857	20,274	15,651	19,230	29,029	32,439	44,979	55,065
Enterprise Value High	4,280	6,197	8,598	12,118	16,398	16,246	18,304	21,094	22,402	20,591	22,940	32,187	35,276	61,636	64,392
Enterprise Value Low	3,660	5,595	7,124	8,892	11,835	7,971	13,703	15,342	18,501	11,658	15,549	25,525	29,304	33,579	48,428

Shares Outstanding	42	42	42	42	56	185	218	232	233	228	228	226	223	218	215
Diluted Weighted Avg Shares	41	42	42	42	54	185	207	224	232	232	229	231	226	218	215
Basic Weighted Avg Shares	41	41	42	42	54	185	207	224	232	232	229	227	225	218	215
Revenue per Share	170.6	138.51	151.8	205.15	124.46	36.22	42.6	46.76	37.3	35.57	74.15	92.08	71.51	75.23	79.33
EBITDA per Share	12.98	13.4	15.48	23.49	20.9	5.56	5.22	5.63	6.36	9.12	9.57	12.43	17.61	18.91	22.58
Operating Income per Share	8.57	8.58	8.94	15.14	8.86	1.46	1.31	2	2.18	5.4	5.76	7.61	11.69	12.38	15.52
Basic EPS, GAAP	0.75	0.93	1.56	2.44	1.09	-1.51	-0.31	-0.53	-1.44	-7.26	-0.07	4.18	5.99	6.02	8.96
Basic EPS from Cont Ops	5.25	3.89	4.84	10.07	-2.83	-0.86	0.5	0.27	0.18	-5.71	1.85	6.74	7.03	7.13	9.12
Diluted EPS, GAAP	0.74	0.91	1.55	2.43	1.09	-1.51	-0.31	-0.53	-1.44	-7.26	-0.07	4.11	5.96	6.02	8.96
Diluted EPS from Cont Ops	5.2	3.81	4.78	10.05	-2.82	-0.86	0.5	0.27	0.18	-5.71	1.85	6.63	6.99	7.13	9.12
Dividend per Share	5.72	1.52	2.11	10.78	12.7	3.88	4.13	4.1	4.15	1.7	0.82	1.67	1.9	2.83	3.81
Cash Flow per Share	9.25	10.44	9.2	18.14	19.34	4.53	4.54	5.1	5.98	7.51	10.07	10.47	14.3	16.76	18.25
Free Cash Flow per Basic Share	1.16	-3.77	-15.17	-0.01	4.07	1.49	-1.73	-8.79	-6.4	3.41	7.86	4.6	3.68	3.14	2.72
Cash & Equivalents per Share	3.56	1.86	1.6	1.93	2.62	0.4	0.66	1.04	1.42	1.05	0.69	0.96	0.63	0.72	0.77
Book Value per Share	-1.71	-0.78	0.49	0.61	0.5	-1.01	-0.37	-0.58	-1.46	-8.15	-7.97	-2.76	2.19	5.47	10.69
Tangible Book Value per Share	32.42	26.16	34.56	46.37	75.2	20.9	20.95	24.27	28.85	19.47	17.86	9.89	10.06	11.21	7.21

Targa Resources Corp.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)