Targa Resources (TRGP) has a ROE of 62.02%, above the Energy sector average of 22.15%.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, TRGP shows a ROE of 62.02%. That is above the Energy sector average of 22.15%. Scroll down for historical charts and peer comparison views.
The Energy sector average ROE is about 22.15%. Targa Resources is at 62.02%, which is higher that average. That is roughly 180.0% above the sector mean. Use the comparison chart on this page to see how TRGP stacks up against individual peers as well.
Check the historical chart to see whether TRGP's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Targa Resources with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Targa Resources's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 62.02%) with ownership activity and broader fundamentals.
The Energy average ROE is about 22.15%, while TRGP is at 62.02%. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.