Company / Depreciation & Amortization
Targa Resources Depreciation & Amortization History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$1.5B
FY2025
5-year range
$870.6M / $1.5B
FY2021-FY2025
Trend
+6.5%
vs FY2024
Sector context
#19 of 89
Energy
What the data says
Targa Resources's depreciation & amortization of $1.5B is higher than 79% of companies in the Energy sector (FY2025). Depreciation & Amortization has fluctuated over the past 10 years, ranging from $758M in FY2018 to $1.5B in FY2025.
Based on SEC 10-K filings.
$1.5B in FY2025 with a 5-year CAGR of +13.2%. Top quartile in the Energy sector.
Increased from $871M to $1.5B over the past 2 years.
Energy sector context is included.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- +11.4%
- 5-Year CAGR
- +13.2%
- 10-Year CAGR
- -
Sector benchmark
In line with sector average
Key checks
Key Insights
- 5-year CAGR of +13.2%, indicating consistent growth.
- In FY2025, depreciation & amortization increased 6.5% year-over-year.
- Ranks #19 out of 89 companies in the Energy sector.
- Lowest depreciation & amortization in the period was in FY2018.
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 | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.5B | +6.5% |
| FY2024 | $1.4B | +63.5% |
| FY2023 | $870.6M | -20.6% |
| FY2022 | $1.1B | +25.9% |
| FY2021 | $870.6M | +6.7% |
| FY2020 | $815.9M | -16.0% |
| FY2019 | $971.6M | +28.2% |
| FY2018 | $757.7M | -6.4% |
| FY2017 | $809.5M | +6.8% |
| FY2016 | $757.7M | +17.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026