Targa Resources Depreciation & Amortization History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
$1.5B in FY2025 with a 5-year CAGR of +11.9%. Top quartile in the Energy sector.
Increased from $1.3B to $1.5B over the past 2 years.
Targa Resources's depreciation & amortization of $1.5B is higher than 78% of companies in the Energy sector (FY2025). Depreciation & Amortization has increased for 5 consecutive years, from $865M in FY2020 to $1.5B in FY2025.
Based on SEC 10-K filings.
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.
- 3-Year CAGR
- +11.4%
- 5-Year CAGR
- +11.9%
- 10-Year CAGR
- -
Depreciation & Amortization Trend
Bottom 22% in EnergyTop 78% of 88This company $1.5B Sector average $1.5B
▼
-1.9% below sector average
Key Insights
- Targa Resources's depreciation & amortization has grown for 5 consecutive years.
- 5-year CAGR of +11.9%, indicating consistent growth.
- In FY2025, depreciation & amortization increased 6.5% year-over-year.
- Ranks #19 out of 88 companies in the Energy sector.
Annual Data
| Year | Depreciation & Amortization | YoY Growth |
|---|---|---|
| FY2025 | $1.5B | +6.5% |
| FY2024 | $1.4B | +7.0% |
| FY2023 | $1.3B | +21.3% |
| FY2022 | $1.1B | +25.9% |
| FY2021 | $870.6M | +0.6% |
| FY2020 | $865.1M | -11.0% |
| FY2019 | $971.6M | +19.1% |
| FY2018 | $815.9M | +0.8% |
| FY2017 | $809.5M | +6.8% |
| FY2016 | $757.7M | +17.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026