Targa Resources Corp. (TRGP) scored on five pillars from its reported financial statements, and ranked against 87 Energy companies.
Targa Resources Corp. (TRGP) scores 4.8 out of 10 as of , computed from its reported financial statements. That reads as mixed quality. The reading rests on profitability, and solvency is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge Targa Resources Corp. yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
As of October 19, 2026, Targa Resources Corp. scores 4.8 out of 10 on the Lemma Quality Score, a reading of mixed quality. In this band one or two pillars are usually holding the score up while others drag it down, which the breakdown below makes visible. Nothing in it comes from the share price or from forecasts: it is Targa Resources Corp.’s own reported numbers, scored pillar by pillar.
Ranked with the 87 Energy companies Lemma publishes, the score sits at the 42nd percentile, in the weaker half of its peers. A typical company in the group scores 5.0, and the best quarter starts from 5.9. Targa Resources Corp. is in line with that typical reading.
On profitability, Targa Resources Corp. scores 7.7, a strong reading. Its peers have a median of 5.5 across 84 Energy companies, which places it well above them, at the 78th percentile. Returns and margins at this level leave room to reinvest, absorb a bad year or return cash to shareholders without straining the business.
On solvency, Targa Resources Corp. scores 2.1, a weak reading. Its peers have a median of 6.5 across 79 Energy companies, which places it well below them, at the 4th percentile. Weak solvency means debt is heavy relative to earnings or cash flow, which makes the business more sensitive to interest rates and to any fall in profits.
On growth, Targa Resources Corp. scores 4.2, an average reading. Its peers have a median of 5.2 across 66 Energy companies, which places it below them, at the 31st percentile. A middling growth reading is typical of a mature company whose next step depends on reinvestment rather than on its market growing for it.
Efficiency scores 4.9 out of 10, which reads as average. The median across 81 Energy companies is 5.5, so Targa Resources Corp. is below its peers on this pillar and ranks at the 43rd percentile. An average efficiency reading suggests the business turns its assets and earnings into cash at roughly the rate its sector does.
On predictability, Targa Resources Corp. scores 4.4, an average reading. Its peers have a median of 3.1 across 86 Energy companies, which places it above them, at the 78th percentile. Consistency near the median is typical, and it is worth checking whether the swings came from the business itself or from one-off items.
The gap between Targa Resources Corp.’s best and worst pillar is wide: profitability at 7.7 against solvency at 2.1, 5.6 points apart. An average of two readings this different deserves a closer look than the headline number. A profitability lead usually reflects something durable in the business model rather than a good year. When solvency is the soft spot, the question is how much of the cash flow is already spoken for by debt.
The pillar with the most room to move the score is solvency. If it rose to the median of Energy companies, 6.5, Targa Resources Corp.’s overall score would go from 4.8 to about 5.7. The weights add up to 100 points (profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and Targa Resources Corp. has a reading on every pillar.
For a fair comparison, start with companies of a similar size: the Energy companies below are nearest to Targa Resources Corp. by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Targa Resources Corp. scores 4.8 out of 10, which reads as mixed quality. Its strongest pillar is profitability, its weakest is solvency. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Targa Resources Corp. ranks at the 42nd percentile of the 87 Energy companies Lemma publishes a score for. The median there is 5.0 and the top quarter starts at 5.9, against Targa Resources Corp.’s 4.8.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for TRGP are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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