Company / Goodwill
Targa Resources Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$112.3M
FY2025
5-year range
$45.2M / $112.3M
FY2021-FY2025
Trend
+148.5%
vs FY2024
Sector context
#39 of 52
Energy
What the data says
Targa Resources's goodwill of $112M is lower than 75% of companies in the Energy sector (FY2025). Improved from $45M to $112M over the past 2 years.
Based on SEC 10-K filings.
$112M in FY2025 with a 5-year CAGR of +20.0%.
Improved from $45M to $112M over the past 2 years.
Energy sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +35.4%
- 5-Year CAGR
- +20.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 25% in EnergyTop 75% of 52This company $112.3M Sector average $2.0B
▼
-94.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +20.0%, indicating consistent growth.
- In FY2025, goodwill increased 148.5% year-over-year.
- Ranks #39 out of 52 companies in the Energy sector.
- Peak goodwill was recorded 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 | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $112.3M | +148.5% |
| FY2024 | $45.2M | +0.0% |
| FY2023 | $45.2M | +0.0% |
| FY2022 | $45.2M | +0.0% |
| FY2021 | $45.2M | +0.0% |
| FY2020 | $45.2M | +0.0% |
| FY2019 | $45.2M | -82.4% |
| FY2018 | $256.6M | +0.0% |
| FY2017 | $256.6M | +22.2% |
| FY2016 | $210.0M | -49.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026