Targa Resources Corp. company logo
Targa Resources Corp. logo

Targa Resources Corp. (TRGP) Payout Ratio

Annual Payout Ratio

39.87%12.68%+46.63%

Summary

Current Value
As of today, TRGP annual payout ratio is 39.87%, up +46.63% on
Historical Performance
TRGP annual payout ratio is down -10.24% over the past 3 years, and down -98.30% over the past 5 years
All-Time High Comparison
TRGP annual payout ratio is currently -98.30% below its historical high of 2,341.75% set on
3-Year Low Comparison
TRGP annual payout ratio is +60.83% above its 3-year low of 24.79% reached on an earlier date
Sector Comparison
TRGP annual payout ratio is higher than 62.18% of companies in Energy sector

Payout Ratio Chart

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Series
SUGGESTED SERIES

Performance

TRGP Performance
MetricDateValue1Y3Y5Y15Y
Annual Payout Ratio39.87%+46.6%-10.2%-98.3%+100.0%
Quarterly Payout Ratio44.84%+20.0%+54.6%+43.5%
TTM Payout Ratio50.42%+5.5%+40.8%+401.4%+100.0%
Price$177.91-4.4%+143.4%+523.1%+535.6%
Annual Dividend Yield1.55%+4.7%-19.3%-63.4%
Annual Dividends Paid$615.50M+44.0%+228.3%-36.2%+100.0%
Annual Dividend Per Share$2.75+48.6%+587.5%-24.4%
Annual Free Cash Flow$683.90M-17.2%-62.0%+146.0%+189.3%
Annual Revenue$16.63B+6.5%-4.7%+91.6%+266.6%
Annual EPS$5.74+56.5%+8248.6%+499.3%+220.5%

Payout Ratio Highs

TRGP Annual Payout Ratio Highs Comparison
PeriodHighDateCurrent
3Y39.87%at high
5Y44.42%-10.2%
All2,341.75%-98.3%

Payout Ratio Lows

TRGP Annual Payout Ratio Lows Comparison
PeriodLowDateCurrent
3Y24.79%N/A+60.8%
5Y-29.88%N/A+233.4%
All-355.69%+111.2%

Payout Ratio History

YearValueChange
39.87%+46.6%
27.19%+9.7%
24.79%-44.2%
44.42%+248.7%
-29.88%-101.3%
2,341.75%+53.8%
YearValueChange
1,522.52%+88.1%
809.21%+327.5%
-355.69%-200.8%
-118.23%-542.6%
26.71%-

FAQ

  • What is the current annual payout ratio of TRGP?

    As of today, TRGP annual payout ratio is 39.87%

  • What is 1-year change in TRGP annual payout ratio?

    TRGP annual payout ratio is up +46.63% year-over-year

  • What is 3-year change in TRGP annual payout ratio?

    TRGP annual payout ratio is down -10.24% over the past 3 years

  • How far is TRGP annual payout ratio from its all-time high?

    TRGP annual payout ratio is currently -98.30% below its historical high of 2,341.75% set on December 31, 2019

  • How does TRGP annual payout ratio rank versus sector peers?

    TRGP annual payout ratio is higher than 62.18% of companies in Energy sector

  • When is TRGP next annual earnings release?

    The next annual earnings release for TRGP is on

  • What is TRGP next ex-dividend date?

    As of today, the next dividend for TRGP has not been scheduled

Payout Ratio Formula

Payout Ratio =    × 100%

Data Sources & References

  1. TRGP Official Website www.targaresources.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1389170/000119312525266435/0001193125-25-266435-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1389170/000095017025023983/0000950170-25-023983-index.htm
  4. TRGP Profile on Yahoo Finance finance.yahoo.com/quote/TRGP
  5. TRGP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/trgp