Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 61.94% is 59% above its 5-year average of 38.86%, near the high end of its 5-year range (0.75%–67.76%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.44% below its 12-month average of 62.21%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 61.94%.
RETURN ON EQUITY (ROE)
61.94%
RETURN ON EQUITY (ROE) AVG TTM
62.21%
RETURN ON EQUITY (ROE) AVG 3Y
49.21%
RETURN ON EQUITY (ROE) AVG 5Y
38.86%
RETURN ON EQUITY (ROE) AVG 10Y
13.90%
RETURN ON EQUITY (ROE) AVG 15Y
17.83%
RETURN ON EQUITY (ROE) AVG 20Y
N/A
CURRENT VS TTM AVG
-0.44%
CURRENT VS 3Y AVG
+25.87%
CURRENT VS 5Y AVG
+59.39%
CURRENT VS 10Y AVG
+345.43%
CURRENT VS 15Y AVG
+247.44%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
15.95%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+288.32%
vs the sector median at left
Targa Resources Corp.
Market Cap
$62.11B
Return on Equity (ROE)
61.94%
TTM Avg
62.21%
3Y Avg
49.21%
5Y Avg
38.86%
Market Cap
$62.96B
Return on Equity (ROE)
13.19%
TTM Avg
14.96%
3Y Avg
10.50%
5Y Avg
10.43%
Market Cap
$59.96B
Return on Equity (ROE)
33.77%
TTM Avg
32.84%
3Y Avg
31.09%
5Y Avg
23.87%
Market Cap
$57.85B
Return on Equity (ROE)
15.95%
TTM Avg
16.46%
3Y Avg
18.89%
5Y Avg
18.44%
Market Cap
$57.41B
Return on Equity (ROE)
15.56%
TTM Avg
15.68%
3Y Avg
9.96%
5Y Avg
-6.46%
Market Cap
$56.94B
Return on Equity (ROE)
17.38%
TTM Avg
7.74%
3Y Avg
18.72%
5Y Avg
1.07%
Market Cap
$70.63B
Return on Equity (ROE)
10.96%
TTM Avg
9.19%
3Y Avg
8.64%
5Y Avg
6.79%
Market Cap
$53.24B
Return on Equity (ROE)
4.18%
TTM Avg
6.67%
3Y Avg
15.37%
5Y Avg
4.69%
Market Cap
$52.35B
Return on Equity (ROE)
7.86%
TTM Avg
18.48%
3Y Avg
30.47%
5Y Avg
9.89%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Targa Resources Corp. (TRGP) | $62.11B | 61.94% | 62.21% | 49.21% | 38.86% |
| TC Energy Corporation (TRP)vs › | $62.96B | 13.19% | 14.96% | 10.50% | 10.43% |
| MPLX Lp (MPLX)vs › | $59.96B | 33.77% | 32.84% | 31.09% | 23.87% |
| ONEOK, Inc. (OKE)vs › | $57.85B | 15.95% | 16.46% | 18.89% | 18.44% |
| Baker Hughes Company (BKR)vs › | $57.41B | 15.56% | 15.68% | 9.96% | -6.46% |
| Occidental Petroleum Corporation (OXY)vs › | $56.94B | 17.38% | 7.74% | 18.72% | 1.07% |
| Kinder Morgan, Inc. (KMI)vs › | $70.63B | 10.96% | 9.19% | 8.64% | 6.79% |
| Diamondback Energy, Inc. (FANG)vs › | $53.24B | 4.18% | 6.67% | 15.37% | 4.69% |
| Devon Energy Corporation (DVN)vs › | $52.35B | 7.86% | 18.48% | 30.47% | 9.89% |
| Energy Transfer LP (ET)vs › | $71.92B | 16.47% | 13.98% | 13.28% | 11.18% |
ROE
61.9%
ROA
7.9%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 61.94% |
| 2026-03-31 | 67.76% |
| 2025-12-31 | 60.12% |
| 2025-09-30 | 60.97% |
| 2025-06-30 | 60.25% |
| 2025-03-31 | 50.19% |
| 2024-12-31 | 50.41% |
| 2024-09-30 | 47.93% |
| 2024-06-30 | 43.24% |
| 2024-03-31 | 40.55% |
| 2023-12-31 | 30.20% |
| 2023-09-30 | 34.63% |
| 2023-06-30 | 31.52% |
| 2023-03-31 | 43.67% |
| 2022-12-31 | 44.85% |
| 2022-09-30 | 23.65% |
| 2022-06-30 | 26.72% |
| 2022-03-31 | 0.75% |
| 2021-12-31 | 3.54% |
| 2021-09-30 | 19.15% |
| 2021-06-30 | 13.97% |
| 2021-03-31 | 14.38% |
| 2020-12-31 | -58.55% |
| 2020-09-30 | -59.98% |
| 2020-06-30 | -62.27% |
| 2020-03-31 | -63.05% |
| 2019-12-31 | -4.25% |
| 2019-09-30 | -3.81% |
| 2019-06-30 | -3.23% |
| 2019-03-31 | -1.04% |
| 2018-12-31 | 0.03% |
| 2018-09-30 | 6.44% |
| 2018-06-30 | 3.98% |
| 2018-03-31 | 3.22% |
| 2017-12-31 | 0.87% |
| 2017-09-30 | -6.34% |
| 2017-06-30 | -3.45% |
| 2017-03-31 | -5.34% |
| 2016-12-31 | -3.57% |
| 2016-09-30 | -0.18% |
| 2016-06-30 | 0.26% |
| 2016-03-31 | 0.98% |
| 2015-12-31 | 3.97% |
| 2015-09-30 | 3.83% |
| 2015-06-30 | 4.93% |
| 2015-03-31 | 5.67% |
| 2014-12-31 | 60.25% |
| 2014-09-30 | 60.88% |
| 2014-06-30 | 54.48% |
| 2014-03-31 | 49.38% |
| 2013-12-31 | 43.75% |
| 2013-09-30 | 37.02% |
| 2013-06-30 | 40.22% |
| 2013-03-31 | 28.82% |
| 2012-12-31 | 26.44% |
| 2012-09-30 | 27.02% |
| 2012-06-30 | 22.43% |
| 2012-03-31 | 23.88% |
| 2011-12-31 | 19.42% |
| 2011-09-30 | 8.69% |
| 2011-06-30 | -4.72% |
| 2011-03-31 | -17.81% |
| 2010-12-31 | -10.40% |
| 2010-09-30 | 6.78% |
| 2010-06-30 | 44.54% |
