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TRGP vs. BX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TRGP and BX is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

TRGP vs. BX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Targa Resources Corp. (TRGP) and The Blackstone Group Inc. (BX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TRGP:

1.42

BX:

0.61

Sortino Ratio

TRGP:

1.77

BX:

1.21

Omega Ratio

TRGP:

1.27

BX:

1.16

Calmar Ratio

TRGP:

1.88

BX:

0.71

Martin Ratio

TRGP:

5.42

BX:

1.81

Ulcer Index

TRGP:

9.35%

BX:

15.28%

Daily Std Dev

TRGP:

35.24%

BX:

38.89%

Max Drawdown

TRGP:

-95.21%

BX:

-87.65%

Current Drawdown

TRGP:

-22.78%

BX:

-23.97%

Fundamentals

Market Cap

TRGP:

$34.61B

BX:

$169.11B

EPS

TRGP:

$5.43

BX:

$3.29

PE Ratio

TRGP:

29.38

BX:

42.37

PEG Ratio

TRGP:

1.31

BX:

2.00

PS Ratio

TRGP:

2.11

BX:

13.67

PB Ratio

TRGP:

14.12

BX:

13.05

Total Revenue (TTM)

TRGP:

$16.44B

BX:

$11.95B

Gross Profit (TTM)

TRGP:

$3.65B

BX:

$11.95B

EBITDA (TTM)

TRGP:

$4.06B

BX:

$6.03B

Returns By Period

In the year-to-date period, TRGP achieves a -6.03% return, which is significantly higher than BX's -12.23% return. Over the past 10 years, TRGP has underperformed BX with an annualized return of 10.53%, while BX has yielded a comparatively higher 19.02% annualized return.


TRGP

YTD

-6.03%

1M

2.18%

6M

-13.96%

1Y

49.69%

5Y*

67.44%

10Y*

10.53%

BX

YTD

-12.23%

1M

17.98%

6M

-17.38%

1Y

23.34%

5Y*

28.88%

10Y*

19.02%

*Annualized

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Risk-Adjusted Performance

TRGP vs. BX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRGP
The Risk-Adjusted Performance Rank of TRGP is 8888
Overall Rank
The Sharpe Ratio Rank of TRGP is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of TRGP is 8383
Sortino Ratio Rank
The Omega Ratio Rank of TRGP is 8686
Omega Ratio Rank
The Calmar Ratio Rank of TRGP is 9393
Calmar Ratio Rank
The Martin Ratio Rank of TRGP is 8787
Martin Ratio Rank

BX
The Risk-Adjusted Performance Rank of BX is 7373
Overall Rank
The Sharpe Ratio Rank of BX is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of BX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of BX is 7171
Omega Ratio Rank
The Calmar Ratio Rank of BX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of BX is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TRGP vs. BX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and The Blackstone Group Inc. (BX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current TRGP Sharpe Ratio is 1.42, which is higher than the BX Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of TRGP and BX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TRGP vs. BX - Dividend Comparison

TRGP's dividend yield for the trailing twelve months is around 1.96%, less than BX's 2.72% yield.


TTM20242023202220212020201920182017201620152014
TRGP
Targa Resources Corp.
1.96%1.54%2.13%1.90%0.77%4.59%8.92%10.11%7.52%6.49%12.53%2.52%
BX
The Blackstone Group Inc.
2.72%2.00%2.54%6.66%2.76%2.95%3.43%8.12%7.25%8.44%9.76%5.57%

Drawdowns

TRGP vs. BX - Drawdown Comparison

The maximum TRGP drawdown since its inception was -95.21%, which is greater than BX's maximum drawdown of -87.65%. Use the drawdown chart below to compare losses from any high point for TRGP and BX. For additional features, visit the drawdowns tool.


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Volatility

TRGP vs. BX - Volatility Comparison

The current volatility for Targa Resources Corp. (TRGP) is 11.89%, while The Blackstone Group Inc. (BX) has a volatility of 14.48%. This indicates that TRGP experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

TRGP vs. BX - Financials Comparison

This section allows you to compare key financial metrics between Targa Resources Corp. and The Blackstone Group Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


-4.00B-2.00B0.002.00B4.00B6.00B20212022202320242025
4.56B
2.83B
(TRGP) Total Revenue
(BX) Total Revenue
Values in USD except per share items

TRGP vs. BX - Profitability Comparison

The chart below illustrates the profitability comparison between Targa Resources Corp. and The Blackstone Group Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%40.0%60.0%80.0%100.0%20212022202320242025
20.5%
100.0%
(TRGP) Gross Margin
(BX) Gross Margin
TRGP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Targa Resources Corp. reported a gross profit of 936.10M and revenue of 4.56B. Therefore, the gross margin over that period was 20.5%.

BX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, The Blackstone Group Inc. reported a gross profit of 2.83B and revenue of 2.83B. Therefore, the gross margin over that period was 100.0%.

TRGP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Targa Resources Corp. reported an operating income of 543.30M and revenue of 4.56B, resulting in an operating margin of 11.9%.

BX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, The Blackstone Group Inc. reported an operating income of 1.45B and revenue of 2.83B, resulting in an operating margin of 51.4%.

TRGP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Targa Resources Corp. reported a net income of 270.50M and revenue of 4.56B, resulting in a net margin of 5.9%.

BX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, The Blackstone Group Inc. reported a net income of 614.85M and revenue of 2.83B, resulting in a net margin of 21.8%.