Basis: Current FMP quote-based enterprise value / matching reported total assets. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Assets ratio high or low?
The EV/Assets ratio of 2.88x is 48% above its estimated 5-year average of 1.95x, near the high end of its estimated 5-year range (1.10x–2.98x).
As of 2026-09-22T00:16:31.198Z. 11.21% above its estimated 12-month average of 2.59x.
Calculation as of: 2026-09-22T00:16:31.198Z.
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.
EV/ASSETS RATIO
2.88x
EV/ASSETS RATIO AVG TTM
2.59x
EV/ASSETS RATIO AVG 3Y
2.26x
EV/ASSETS RATIO AVG 5Y
1.95x
EV/ASSETS RATIO AVG 10Y
1.45x
EV/ASSETS RATIO AVG 15Y
1.17x
EV/ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+11.21%
CURRENT VS 3Y AVG
+27.47%
CURRENT VS 5Y AVG
+48.00%
CURRENT VS 10Y AVG
+98.10%
CURRENT VS 15Y AVG
+145.63%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.32x
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+118.18%
vs the sector median at left
Targa Resources Corp.
Market Cap
$62.11B
EV/Assets Ratio
2.88x
TTM Avg
2.59x
3Y Avg
2.26x
5Y Avg
1.95x
Market Cap
$62.96B
EV/Assets Ratio
1.22x
TTM Avg
1.23x
3Y Avg
1.06x
5Y Avg
1.03x
Market Cap
$57.41B
EV/Assets Ratio
1.10x
TTM Avg
1.34x
3Y Avg
1.17x
5Y Avg
1.06x
Market Cap
$56.94B
EV/Assets Ratio
0.84x
TTM Avg
0.83x
3Y Avg
0.91x
5Y Avg
0.97x
Market Cap
$70.63B
EV/Assets Ratio
1.39x
TTM Avg
1.36x
3Y Avg
1.23x
5Y Avg
1.14x
Market Cap
$53.24B
EV/Assets Ratio
0.93x
TTM Avg
0.89x
3Y Avg
1.00x
5Y Avg
1.09x
Market Cap
$52.35B
EV/Assets Ratio
0.89x
TTM Avg
1.01x
3Y Avg
1.15x
5Y Avg
1.44x
| NAME | MARKET CAP | EV/ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Targa Resources Corp. (TRGP) | $62.11B | 2.88x | 2.59x | 2.26x | 1.95x |
| TC Energy Corporation (TRP)vs › | $62.96B | 1.22x | 1.23x | 1.06x | 1.03x |
| MPLX Lp (MPLX)vs › | $59.96B | 1.97x | 1.90x | 1.79x | 1.67x |
| ONEOK, Inc. (OKE)vs › | $57.85B | 1.32x | 1.26x | 1.41x | 1.54x |
| Baker Hughes Company (BKR)vs › | $57.41B | 1.10x | 1.34x | 1.17x | 1.06x |
| Occidental Petroleum Corporation (OXY)vs › | $56.94B | 0.84x | 0.83x | 0.91x | 0.97x |
| Kinder Morgan, Inc. (KMI)vs › | $70.63B | 1.39x | 1.36x | 1.23x | 1.14x |
| Diamondback Energy, Inc. (FANG)vs › | $53.24B | 0.93x | 0.89x | 1.00x | 1.09x |
| Devon Energy Corporation (DVN)vs › | $52.35B | 0.89x | 1.01x | 1.15x | 1.44x |
| Energy Transfer LP (ET)vs › | $71.92B | 0.95x | 0.96x | 0.94x | 0.88x |
EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/ASSETS RATIO |
|---|---|
| 2026-09-11 | 2.89x |
| 2026-09-10 | 2.90x |
| 2026-09-09 | 2.90x |
| 2026-09-08 | 2.92x |
| 2026-09-04 | 2.89x |
| 2026-09-03 | 2.91x |
| 2026-09-02 | 2.91x |
| 2026-09-01 | 2.93x |
| 2026-08-31 | 2.92x |
| 2026-08-28 | 2.87x |
| 2026-08-27 | 2.88x |
| 2026-08-26 | 2.92x |
| 2026-08-25 | 2.86x |
| 2026-08-24 | 2.92x |
| 2026-08-21 | 2.96x |
| 2026-08-20 | 2.98x |
| 2026-08-19 | 2.94x |
| 2026-08-18 | 2.95x |
| 2026-08-17 | 2.80x |
| 2026-08-14 | 2.78x |
| 2026-08-13 | 2.71x |
| 2026-08-12 | 2.73x |
| 2026-08-11 | 2.70x |
| 2026-08-10 | 2.71x |
| 2026-08-07 | 2.64x |
| 2026-08-06 | 2.83x |
| 2026-08-05 | 2.77x |
| 2026-08-04 | 2.79x |
| 2026-08-03 | 2.80x |
| 2026-07-31 | 2.85x |
| 2026-07-30 | 2.83x |
| 2026-07-29 | 2.80x |
| 2026-07-28 | 2.78x |
| 2026-07-27 | 2.82x |
| 2026-07-24 | 2.93x |
| 2026-07-23 | 2.97x |
| 2026-07-22 | 2.96x |
| 2026-07-21 | 2.92x |
| 2026-07-20 | 2.94x |
| 2026-07-17 | 2.95x |
| 2026-07-16 | 2.93x |
| 2026-07-15 | 2.91x |
| 2026-07-14 | 2.94x |
| 2026-07-13 | 2.92x |
| 2026-07-10 | 2.87x |
| 2026-07-09 | 2.87x |
| 2026-07-08 | 2.91x |
| 2026-07-07 | 2.87x |
| 2026-07-06 | 2.79x |
| 2026-07-02 | 2.76x |
| 2026-07-01 | 2.75x |
| 2026-06-30 | 2.83x |
| 2026-06-29 | 2.85x |
| 2026-06-26 | 2.86x |
| 2026-06-25 | 2.87x |
| 2026-06-24 | 2.81x |
| 2026-06-23 | 2.83x |
| 2026-06-22 | 2.80x |
| 2026-06-18 | 2.75x |
| 2026-06-17 | 2.77x |
| 2026-06-16 | 2.76x |
| 2026-06-15 | 2.78x |
| 2026-06-12 | 2.86x |
| 2026-06-11 | 2.84x |
| 2026-06-10 | 2.86x |
| 2026-06-09 | 2.80x |
| 2026-06-08 | 2.80x |
| 2026-06-05 | 2.80x |
| 2026-06-04 | 2.82x |
| 2026-06-03 | 2.79x |
| 2026-06-02 | 2.79x |
| 2026-06-01 | 2.76x |
| 2026-05-29 | 2.73x |
| 2026-05-28 | 2.78x |
| 2026-05-27 | 2.79x |
| 2026-05-26 | 2.84x |
| 2026-05-22 | 2.90x |
| 2026-05-21 | 2.85x |
| 2026-05-20 | 2.85x |
| 2026-05-19 | 2.89x |
| 2026-05-18 | 2.88x |
| 2026-05-15 | 2.86x |
| 2026-05-14 | 2.82x |
| 2026-05-13 | 2.79x |
| 2026-05-12 | 2.73x |
| 2026-05-11 | 2.71x |
| 2026-05-08 | 2.67x |
| 2026-05-07 | 2.84x |
| 2026-05-06 | 2.82x |
| 2026-05-05 | 2.90x |
| 2026-05-04 | 2.90x |
| 2026-05-01 | 2.86x |
| 2026-04-30 | 2.91x |
| 2026-04-29 | 2.82x |
| 2026-04-28 | 2.81x |
| 2026-04-27 | 2.75x |
| 2026-04-24 | 2.74x |
| 2026-04-23 | 2.73x |
| 2026-04-22 | 2.71x |
| 2026-04-21 | 2.67x |
| 2026-04-20 | 2.66x |
| 2026-04-17 | 2.70x |
| 2026-04-16 | 2.73x |
| 2026-04-15 | 2.72x |
| 2026-04-14 | 2.73x |
| 2026-04-13 | 2.74x |
| 2026-04-10 | 2.76x |
| 2026-04-09 | 2.78x |
| 2026-04-08 | 2.77x |
| 2026-04-07 | 2.83x |
| 2026-04-06 | 2.78x |
| 2026-04-02 | 2.77x |
| 2026-04-01 | 2.78x |
| 2026-03-31 | 2.83x |
| 2026-03-30 | 2.80x |
| 2026-03-27 | 2.82x |
| 2026-03-26 | 2.82x |
| 2026-03-25 | 2.78x |
| 2026-03-24 | 2.79x |
| 2026-03-23 | 2.73x |
| 2026-03-20 | 2.71x |
| 2026-03-19 | 2.73x |
| 2026-03-18 | 2.68x |
| 2026-03-17 | 2.74x |
| 2026-03-16 | 2.73x |
| 2026-03-13 | 2.74x |
| 2026-03-12 | 2.72x |
| 2026-03-11 | 2.71x |
| 2026-03-10 | 2.67x |
| 2026-03-09 | 2.69x |
| 2026-03-06 | 2.71x |
| 2026-03-05 | 2.73x |
| 2026-03-04 | 2.76x |
| 2026-03-03 | 2.77x |
| 2026-03-02 | 2.73x |
| 2026-02-27 | 2.70x |
| 2026-02-26 | 2.66x |
| 2026-02-25 | 2.65x |
| 2026-02-24 | 2.66x |
| 2026-02-23 | 2.67x |
| 2026-02-20 | 2.66x |
| 2026-02-19 | 2.72x |
| 2026-02-18 | 2.75x |
| 2026-02-17 | 2.72x |
| 2026-02-13 | 2.72x |
| 2026-02-12 | 2.67x |
| 2026-02-11 | 2.70x |
| 2026-02-10 | 2.66x |
| 2026-02-09 | 2.66x |
| 2026-02-06 | 2.61x |
| 2026-02-05 | 2.55x |
| 2026-02-04 | 2.54x |
| 2026-02-03 | 2.54x |
| 2026-02-02 | 2.49x |
| 2026-01-30 | 2.51x |
| 2026-01-29 | 2.52x |
| 2026-01-28 | 2.51x |
| 2026-01-27 | 2.46x |
| 2026-01-26 | 2.44x |
| 2026-01-23 | 2.43x |
| 2026-01-22 | 2.43x |
| 2026-01-21 | 2.41x |
| 2026-01-20 | 2.37x |
| 2026-01-16 | 2.37x |
| 2026-01-15 | 2.34x |
| 2026-01-14 | 2.35x |
| 2026-01-13 | 2.33x |
| 2026-01-12 | 2.28x |
| 2026-01-09 | 2.30x |
| 2026-01-08 | 2.30x |
| 2026-01-07 | 2.28x |
| 2026-01-06 | 2.31x |
| 2026-01-05 | 2.36x |
| 2026-01-02 | 2.38x |
| 2025-12-31 | 2.36x |
| 2025-12-30 | 2.37x |
| 2025-12-29 | 2.36x |
| 2025-12-26 | 2.35x |
| 2025-12-24 | 2.36x |
| 2025-12-23 | 2.37x |
| 2025-12-22 | 2.35x |
| 2025-12-19 | 2.31x |
| 2025-12-18 | 2.31x |
| 2025-12-17 | 2.35x |
| 2025-12-16 | 2.29x |
| 2025-12-15 | 2.34x |
| 2025-12-12 | 2.35x |
| 2025-12-11 | 2.38x |
| 2025-12-10 | 2.36x |
| 2025-12-09 | 2.36x |
| 2025-12-08 | 2.32x |
| 2025-12-05 | 2.33x |
| 2025-12-04 | 2.32x |
| 2025-12-03 | 2.29x |
| 2025-12-02 | 2.25x |
| 2025-12-01 | 2.29x |
| 2025-11-28 | 2.28x |
| 2025-11-26 | 2.26x |
| 2025-11-25 | 2.24x |
| 2025-11-24 | 2.23x |
| 2025-11-21 | 2.24x |
| 2025-11-20 | 2.24x |
| 2025-11-19 | 2.24x |
| 2025-11-18 | 2.23x |
| 2025-11-17 | 2.22x |
| 2025-11-14 | 2.26x |
| 2025-11-13 | 2.23x |
| 2025-11-12 | 2.24x |
| 2025-11-11 | 2.26x |
| 2025-11-10 | 2.23x |
| 2025-11-07 | 2.25x |
| 2025-11-06 | 2.23x |
| 2025-11-05 | 2.22x |
| 2025-11-04 | 2.14x |
| 2025-11-03 | 2.15x |
| 2025-10-31 | 2.14x |
| 2025-10-30 | 2.11x |
| 2025-10-29 | 2.11x |
| 2025-10-28 | 2.12x |
| 2025-10-27 | 2.13x |
| 2025-10-24 | 2.13x |
| 2025-10-23 | 2.16x |
| 2025-10-22 | 2.14x |
| 2025-10-21 | 2.11x |
| 2025-10-20 | 2.11x |
| 2025-10-17 | 2.09x |
| 2025-10-16 | 2.06x |
| 2025-10-15 | 2.11x |
| 2025-10-14 | 2.10x |
| 2025-10-13 | 2.11x |
| 2025-10-10 | 2.12x |
| 2025-10-09 | 2.20x |
| 2025-10-08 | 2.27x |
| 2025-10-07 | 2.25x |
| 2025-10-06 | 2.21x |
| 2025-10-03 | 2.21x |
| 2025-10-02 | 2.22x |
| 2025-10-01 | 2.27x |
| 2025-09-30 | 2.26x |
| 2025-09-29 | 2.27x |
| 2025-09-26 | 2.32x |
| 2025-09-25 | 2.30x |
| 2025-09-24 | 2.30x |
| 2025-09-23 | 2.28x |
| 2025-09-22 | 2.24x |
| 2025-09-19 | 2.23x |
| 2025-09-18 | 2.28x |
| 2025-09-17 | 2.25x |
| 2025-09-16 | 2.22x |
| 2025-09-15 | 2.22x |
| 2025-09-12 | 2.25x |
| 2025-09-11 | 2.24x |
| 2025-09-10 | 2.22x |
| 2025-09-09 | 2.20x |
| 2025-09-08 | 2.20x |
| 2025-09-05 | 2.21x |
| 2025-09-04 | 2.25x |
| 2025-09-03 | 2.22x |
| 2025-09-02 | 2.25x |
| 2025-08-29 | 2.26x |
Showing the most recent 260 of 3,886 data points. The chart above shows the full history.
