Targa Resources Goodwill History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
$112M in FY2025 with a 5-year CAGR of +20.0%.
Improved from $45M to $112M over the past 2 years.
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.
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
- +35.4%
- 5-Year CAGR
- +20.0%
- 10-Year CAGR
- -
Goodwill Trend
Bottom 25% in EnergyTop 75% of 52This company $112.3M Sector average $2.0B
▼
-94.3% below sector average
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 FY2017.
Annual Data
| Year | Goodwill | YoY Growth |
|---|---|---|
| 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 | -3.0% |
| FY2018 | $46.6M | -81.8% |
| FY2017 | $256.6M | +22.2% |
| FY2016 | $210.0M | -49.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026