TRGP vs WMB
Targa Resources (TRGP) and Williams Companies (WMB) compared side by side. Williams Companies (WMB) is larger, with a market cap of $87.7B versus $64.8B for Targa Resources, about 1.4 times the size. On trailing earnings, WMB is cheaper at 28.6x versus 28.9x for TRGP.
Head to head
| Metric | TRGP | WMB |
|---|---|---|
| Market cap | $64.8B | $87.7B |
| P/E (TTM) | 28.9x | 28.6x |
| Forward P/E | 25.0x | 27.1x |
| Revenue (TTM) | $16.7B | $12.3B |
| Revenue growth | 4.2% | 7.8% |
| Gross margin | 43.2% | 63.6% |
| Operating margin | 27.8% | 39.5% |
| Free cash flow | $740.9M | -$174.0M |
| Dividend yield | 1.65% | 2.93% |
| 1-year return | +97.0% | +25.4% |
| 5-year return (annual) | +43.0% | +25.5% |
| Max drawdown | -95% | -98% |
| FI Handbook grade | C+ | C |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
TRGP vs WMB FAQ
Which is bigger, TRGP or WMB?
Williams Companies (WMB) is larger, with a market cap of $87.7B versus $64.8B for Targa Resources, about 1.4 times the size.
Is TRGP or WMB cheaper?
On trailing earnings, WMB is cheaper at 28.6x versus 28.9x for TRGP. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, TRGP or WMB?
TRGP returned +97.0% over the past year including dividends, versus +25.4% for WMB, through October 23, 2026.
Which pays a higher dividend, TRGP or WMB?
WMB yields 2.93% versus 1.65% for TRGP.
Full pages: Targa Resources · Williams Companies