Targa Resources Return on Assets (ROA) History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
7.6% in FY2025 with a 5-year CAGR of +17.4%. Top quartile in the Energy sector.
Improved from 6.5% to 7.6% over the past 2 years.
Targa Resources's return on assets (roa) of 7.6% is higher than 78% of companies in the Energy sector (FY2025). Return on Assets (ROA) has fluctuated over the past 10 years, ranging from -9.8% in FY2020 to 7.6% 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 Change
- +1.5pp
- 5-Year Change
- +17.4pp
- 10-Year Change
- -
Return on Assets (ROA) Trend
Top 22% in EnergyTop 22% of 102This company 7.6% Sector average 4.1%
▼
+87.5% above sector average
Key Insights
- In FY2025, return on assets (roa) increased 32.2% year-over-year.
- Currently 3.6pp above the Energy sector average.
- Lowest return on assets (roa) in the period was in FY2020.
Annual Data
| Year | Return on Assets (ROA) | YoY Growth |
|---|---|---|
| FY2025 | 7.6% | +32.2% |
| FY2024 | 5.8% | -11.4% |
| FY2023 | 6.5% | +6.5% |
| FY2022 | 6.1% | +1200.0% |
| FY2021 | 0.5% | +104.8% |
| FY2020 | -9.8% | -782.0% |
| FY2019 | -1.1% | -11200.0% |
| FY2018 | 0.0% | -97.4% |
| FY2017 | 0.4% | +126.0% |
| FY2016 | -1.5% | -431.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026