Company / Accounts Receivable
Targa Resources Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$1.5B
FY2025
5-year range
$1.3B / $1.6B
FY2021-FY2025
Trend
-8.9%
vs FY2024
Sector context
#13 of 72
Energy
What the data says
Targa Resources's accounts receivable of $1.5B is higher than 82% of companies in the Energy sector (FY2025). Accounts Receivable has fluctuated over the past 10 years, ranging from $675M in FY2016 to $1.6B in FY2024.
Based on SEC 10-K filings.
$1.5B in FY2025 with a 5-year CAGR of +11.3%. Top quartile in the Energy sector.
Remained stable around $1.5B over the past 2 years.
Energy sector context is included.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +1.5%
- 5-Year CAGR
- +11.3%
- 10-Year CAGR
- -
Sector benchmark
Top 18% in EnergyTop 18% of 72This company $1.5B Sector average $1.7B
▼
-13.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.3%, indicating consistent growth.
- In FY2025, accounts receivable decreased 8.9% year-over-year.
- Ranks #13 out of 72 companies in the Energy sector.
- Peak accounts receivable was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 63.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.5B | -8.9% |
| FY2024 | $1.6B | +10.0% |
| FY2023 | $1.5B | +4.4% |
| FY2022 | $1.4B | +5.7% |
| FY2021 | $1.3B | +54.4% |
| FY2020 | $862.8M | +0.9% |
| FY2019 | $855.0M | -1.2% |
| FY2018 | $865.5M | +4.6% |
| FY2017 | $827.6M | +22.7% |
| FY2016 | $674.6M | +30.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026