Targa Resources Partners (NGLS)
Targa Resources Partners Return on Invested Capital: 8.70%
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NGLS Return on Invested Capital Rankings
| Overall | 65th percentile | 1438 of 4163 |
| Sector | 58th percentile | 194 of 462 in Basic Materials |
| Industry | 79th percentile | 6 of 29 in Oil & Gas Pipelines |
NGLS Return on Invested Capital Range, Past 5 Years
| Minimum | -0.66% | Dec 2009 |
| Maximum | 15.09% | Dec 2008 |
| Average | 6.37% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
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NGLS News
May 03, 7:00AM GlobeNewswire
about 32 days ago by ABtrader
Apr 16, 5:29PM GlobeNewswire
Apr 11, 5:27PM Street Insider
about 49 days ago by DynamicDividend
Mar 23, 4:06PM GlobeNewswire
Feb 28, 5:39PM GlobeNewswire
about 93 days ago by billgunderson
Feb 23, 6:43PM Seeking Alpha
Feb 23, 7:00AM GlobeNewswire
about 98 days ago by CapitalistBull
about 120 days ago by mlpguy
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NGLS | 40.45 | -0.92 | -2.22% | 3.764B |
| NGG | 50.55 | -2.94 | -5.50% | 39.03B |
| NGB | 16.30 | +0.00 | +0.00% | |
| NFZ | 14.67 | +0.02 | +0.14% | |
| NFX | 30.56 | -1.58 | -4.92% | 4.346B |
| NFP | 13.19 | -0.12 | -0.90% | 536.26M |
| NFO | 31.54 | -0.56 | -1.73% | |
| NFLX | 67.34 | -2.10 | -3.02% | 3.848B |
| NFG | 42.80 | -1.24 | -2.82% | 3.658B |
| NFC | 14.52 | +0.01 | +0.07% |
