Basis: FMP quote market capitalization / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/FCF ratio high or low?
The Price/FCF ratio of 83.83 is 86% above its estimated 5-year average of 44.95, around the middle of its estimated 5-year range (5.75–234.44).
As of 2026-09-21T23:06:00.486Z. 9.12% above its estimated 12-month average of 76.83.
Calculation as of: 2026-09-21T23:06:00.486Z.
Quote observation: 2026-09-21T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4c22e45dadadc27878a3237a20575dce780364b56c4cf1ed7ebd5eb5bcd6486f
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PRICE/FCF RATIO
83.83
PRICE/FCF RATIO AVG TTM
76.83
PRICE/FCF RATIO AVG 3Y
65.53
PRICE/FCF RATIO AVG 5Y
44.95
PRICE/FCF RATIO AVG 10Y
42.89
PRICE/FCF RATIO AVG 15Y
42.82
PRICE/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.12%
CURRENT VS 3Y AVG
+27.93%
CURRENT VS 5Y AVG
+86.48%
CURRENT VS 10Y AVG
+95.44%
CURRENT VS 15Y AVG
+95.77%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
15.60
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
+437.54%
vs the sector median at left
Targa Resources Corp.
Market Cap
$62.11B
Price/FCF Ratio
83.83
TTM Avg
76.83
3Y Avg
65.53
5Y Avg
44.95
Market Cap
$62.96B
Price/FCF Ratio
24.22
TTM Avg
35.59
3Y Avg
115.57
5Y Avg
106.49
Market Cap
$57.41B
Price/FCF Ratio
18.35
TTM Avg
23.72
3Y Avg
20.85
5Y Avg
21.28
Market Cap
$56.94B
Price/FCF Ratio
10.72
TTM Avg
12.17
3Y Avg
10.64
5Y Avg
8.70
Market Cap
$70.63B
Price/FCF Ratio
18.27
TTM Avg
20.49
3Y Avg
16.63
5Y Avg
14.31
Market Cap
$53.24B
Price/FCF Ratio
8.20
TTM Avg
56.32
3Y Avg
36.19
5Y Avg
24.21
Market Cap
$52.35B
Price/FCF Ratio
31.27
TTM Avg
11.45
3Y Avg
12.35
5Y Avg
12.98
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Targa Resources Corp. (TRGP) | $62.11B | 83.83 | 76.83 | 65.53 | 44.95 |
| TC Energy Corporation (TRP)vs › | $62.96B | 24.22 | 35.59 | 115.57 | 106.49 |
| MPLX Lp (MPLX)vs › | $59.96B | 18.20 | 10.92 | 10.16 | 9.17 |
| ONEOK, Inc. (OKE)vs › | $57.85B | 19.91 | 19.98 | 18.76 | 17.66 |
| Baker Hughes Company (BKR)vs › | $57.41B | 18.35 | 23.72 | 20.85 | 21.28 |
| Occidental Petroleum Corporation (OXY)vs › | $56.94B | 10.72 | 12.17 | 10.64 | 8.70 |
| Kinder Morgan, Inc. (KMI)vs › | $70.63B | 18.27 | 20.49 | 16.63 | 14.31 |
| Diamondback Energy, Inc. (FANG)vs › | $53.24B | 8.20 | 56.32 | 36.19 | 24.21 |
| Devon Energy Corporation (DVN)vs › | $52.35B | 31.27 | 11.45 | 12.35 | 12.98 |
| Energy Transfer LP (ET)vs › | $71.92B | 13.78 | 14.88 | 10.56 | 8.46 |
P/FCF Ratio
83.8
FCF Yield
1.19%
P/FCF measures market price relative to free cash flow per share. Free cash flow is operating cash flow after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/FCF RATIO |
|---|---|
| 2026-09-11 | 84.23 |
| 2026-09-10 | 84.71 |
| 2026-09-09 | 84.55 |
| 2026-09-08 | 85.40 |
| 2026-09-04 | 84.17 |
| 2026-09-03 | 85.18 |
| 2026-09-02 | 85.16 |
| 2026-09-01 | 85.91 |
| 2026-08-31 | 85.21 |
| 2026-08-28 | 83.52 |
| 2026-08-27 | 83.85 |
| 2026-08-26 | 85.32 |
| 2026-08-25 | 83.26 |
| 2026-08-24 | 85.39 |
| 2026-08-21 | 86.80 |
| 2026-08-20 | 87.71 |
| 2026-08-19 | 86.21 |
| 2026-08-18 | 86.41 |
| 2026-08-17 | 80.65 |
| 2026-08-14 | 80.03 |
| 2026-08-13 | 77.45 |
| 2026-08-12 | 77.96 |
| 2026-08-11 | 77.03 |
| 2026-08-10 | 77.25 |
| 2026-08-07 | 74.54 |
| 2026-08-06 | 220.20 |
| 2026-08-05 | 213.53 |
| 2026-08-04 | 215.89 |
| 2026-08-03 | 217.22 |
| 2026-07-31 | 221.95 |
| 2026-07-30 | 220.29 |
| 2026-07-29 | 217.27 |
| 2026-07-28 | 214.79 |
| 2026-07-27 | 219.71 |
| 2026-07-24 | 230.95 |
| 2026-07-23 | 234.44 |
| 2026-07-22 | 233.51 |
| 2026-07-21 | 230.04 |
| 2026-07-20 | 231.79 |
| 2026-07-17 | 232.25 |
| 2026-07-16 | 230.08 |
| 2026-07-15 | 228.35 |
| 2026-07-14 | 231.17 |
| 2026-07-13 | 229.37 |
| 2026-07-10 | 224.40 |
| 2026-07-09 | 224.13 |
| 2026-07-08 | 228.10 |
| 2026-07-07 | 224.78 |
| 2026-07-06 | 216.33 |
| 2026-07-02 | 212.52 |
| 2026-07-01 | 211.64 |
| 2026-06-30 | 220.12 |
| 2026-06-29 | 222.76 |
| 2026-06-26 | 223.79 |
| 2026-06-25 | 224.48 |
| 2026-06-24 | 218.63 |
| 2026-06-23 | 220.60 |
| 2026-06-22 | 217.14 |
| 2026-06-18 | 212.27 |
| 2026-06-17 | 214.05 |
| 2026-06-16 | 213.18 |
| 2026-06-15 | 215.35 |
| 2026-06-12 | 223.78 |
| 2026-06-11 | 221.13 |
| 2026-06-10 | 223.73 |
| 2026-06-09 | 216.86 |
| 2026-06-08 | 216.83 |
| 2026-06-05 | 216.80 |
| 2026-06-04 | 219.49 |
| 2026-06-03 | 215.65 |
| 2026-06-02 | 216.15 |
| 2026-06-01 | 212.68 |
| 2026-05-29 | 209.39 |
| 2026-05-28 | 215.19 |
| 2026-05-27 | 216.44 |
| 2026-05-26 | 221.56 |
| 2026-05-22 | 227.19 |
| 2026-05-21 | 221.85 |
| 2026-05-20 | 222.22 |
| 2026-05-19 | 226.74 |
| 2026-05-18 | 225.51 |
| 2026-05-15 | 223.28 |
| 2026-05-14 | 219.58 |
| 2026-05-13 | 216.14 |
| 2026-05-12 | 209.47 |
| 2026-05-11 | 207.84 |
| 2026-05-08 | 203.69 |
| 2026-05-07 | 92.92 |
| 2026-05-06 | 91.84 |
| 2026-05-05 | 95.60 |
| 2026-05-04 | 95.33 |
| 2026-05-01 | 93.60 |
| 2026-04-30 | 95.73 |
| 2026-04-29 | 92.07 |
| 2026-04-28 | 91.42 |
| 2026-04-27 | 88.82 |
| 2026-04-24 | 88.60 |
| 2026-04-23 | 88.31 |
| 2026-04-22 | 87.14 |
| 2026-04-21 | 85.64 |
| 2026-04-20 | 85.22 |
| 2026-04-17 | 86.68 |
| 2026-04-16 | 88.27 |
| 2026-04-15 | 87.88 |
| 2026-04-14 | 88.08 |
| 2026-04-13 | 88.53 |
| 2026-04-10 | 89.48 |
| 2026-04-09 | 90.09 |
| 2026-04-08 | 89.81 |
| 2026-04-07 | 92.38 |
| 2026-04-06 | 90.42 |
| 2026-04-02 | 89.96 |
| 2026-04-01 | 90.10 |
| 2026-03-31 | 92.29 |
| 2026-03-30 | 91.32 |
| 2026-03-27 | 92.11 |
| 2026-03-26 | 92.21 |
| 2026-03-25 | 90.35 |
| 2026-03-24 | 90.59 |
| 2026-03-23 | 88.31 |
| 2026-03-20 | 87.39 |
| 2026-03-19 | 88.17 |
| 2026-03-18 | 86.13 |
| 2026-03-17 | 88.65 |
| 2026-03-16 | 88.03 |
| 2026-03-13 | 88.36 |
| 2026-03-12 | 87.66 |
| 2026-03-11 | 87.06 |
| 2026-03-10 | 85.57 |
| 2026-03-09 | 86.40 |
| 2026-03-06 | 87.31 |
| 2026-03-05 | 87.98 |
| 2026-03-04 | 89.46 |
| 2026-03-03 | 89.83 |
| 2026-03-02 | 88.20 |
| 2026-02-27 | 86.80 |
| 2026-02-26 | 85.11 |
| 2026-02-25 | 84.71 |
| 2026-02-24 | 85.29 |
| 2026-02-23 | 85.35 |
| 2026-02-20 | 85.16 |
| 2026-02-19 | 75.32 |
| 2026-02-18 | 76.49 |
| 2026-02-17 | 75.37 |
| 2026-02-13 | 75.23 |
| 2026-02-12 | 73.34 |
| 2026-02-11 | 74.57 |
| 2026-02-10 | 72.94 |
| 2026-02-09 | 73.15 |
| 2026-02-06 | 71.05 |
| 2026-02-05 | 69.07 |
| 2026-02-04 | 68.70 |
| 2026-02-03 | 68.43 |
| 2026-02-02 | 66.76 |
| 2026-01-30 | 67.54 |
| 2026-01-29 | 67.72 |
| 2026-01-28 | 67.59 |
| 2026-01-27 | 65.54 |
| 2026-01-26 | 64.69 |
| 2026-01-23 | 64.35 |
| 2026-01-22 | 64.34 |
| 2026-01-21 | 63.87 |
| 2026-01-20 | 62.19 |
| 2026-01-16 | 62.28 |
| 2026-01-15 | 61.13 |
| 2026-01-14 | 61.42 |
| 2026-01-13 | 60.58 |
| 2026-01-12 | 58.80 |
| 2026-01-09 | 59.43 |
| 2026-01-08 | 59.40 |
| 2026-01-07 | 58.65 |
| 2026-01-06 | 59.78 |
| 2026-01-05 | 61.65 |
| 2026-01-02 | 62.76 |
| 2025-12-31 | 62.00 |
| 2025-12-30 | 62.38 |
| 2025-12-29 | 61.81 |
| 2025-12-26 | 61.46 |
| 2025-12-24 | 61.74 |
| 2025-12-23 | 62.09 |
| 2025-12-22 | 61.38 |
| 2025-12-19 | 60.13 |
| 2025-12-18 | 60.01 |
| 2025-12-17 | 61.28 |
| 2025-12-16 | 59.28 |
| 2025-12-15 | 61.26 |
| 2025-12-12 | 61.56 |
| 2025-12-11 | 62.41 |
| 2025-12-10 | 61.65 |
| 2025-12-09 | 61.73 |
| 2025-12-08 | 60.18 |
| 2025-12-05 | 60.73 |
| 2025-12-04 | 60.49 |
| 2025-12-03 | 59.05 |
| 2025-12-02 | 57.73 |
| 2025-12-01 | 59.37 |
| 2025-11-28 | 58.91 |
| 2025-11-26 | 58.18 |
| 2025-11-25 | 57.48 |
| 2025-11-24 | 57.08 |
| 2025-11-21 | 57.31 |
| 2025-11-20 | 57.19 |
| 2025-11-19 | 57.18 |
| 2025-11-18 | 56.98 |
| 2025-11-17 | 56.56 |
| 2025-11-14 | 58.17 |
| 2025-11-13 | 57.03 |
| 2025-11-12 | 57.32 |
| 2025-11-11 | 58.21 |
| 2025-11-10 | 56.95 |
| 2025-11-07 | 57.82 |
| 2025-11-06 | 57.08 |
| 2025-11-05 | 82.70 |
| 2025-11-04 | 78.57 |
| 2025-11-03 | 79.34 |
| 2025-10-31 | 78.30 |
| 2025-10-30 | 77.02 |
| 2025-10-29 | 76.95 |
| 2025-10-28 | 77.54 |
| 2025-10-27 | 78.27 |
| 2025-10-24 | 78.16 |
| 2025-10-23 | 79.70 |
| 2025-10-22 | 78.51 |
| 2025-10-21 | 76.96 |
| 2025-10-20 | 76.72 |
| 2025-10-17 | 75.57 |
| 2025-10-16 | 74.36 |
| 2025-10-15 | 76.78 |
| 2025-10-14 | 76.44 |
| 2025-10-13 | 77.15 |
| 2025-10-10 | 77.47 |
| 2025-10-09 | 81.99 |
| 2025-10-08 | 85.64 |
| 2025-10-07 | 84.60 |
| 2025-10-06 | 82.65 |
| 2025-10-03 | 82.50 |
| 2025-10-02 | 82.68 |
| 2025-10-01 | 85.43 |
| 2025-09-30 | 85.16 |
| 2025-09-29 | 85.95 |
| 2025-09-26 | 88.54 |
| 2025-09-25 | 87.30 |
| 2025-09-24 | 87.52 |
| 2025-09-23 | 86.48 |
| 2025-09-22 | 83.98 |
| 2025-09-19 | 83.58 |
| 2025-09-18 | 86.47 |
| 2025-09-17 | 84.64 |
| 2025-09-16 | 82.82 |
| 2025-09-15 | 83.02 |
| 2025-09-12 | 84.57 |
| 2025-09-11 | 83.99 |
| 2025-09-10 | 83.06 |
| 2025-09-09 | 81.98 |
| 2025-09-08 | 81.59 |
| 2025-09-05 | 82.52 |
| 2025-09-04 | 84.65 |
| 2025-09-03 | 83.13 |
| 2025-09-02 | 84.74 |
| 2025-08-29 | 85.27 |
Showing the most recent 260 of 2,453 data points. The chart above shows the full history.
