Company / Return on Assets (ROA)
Targa Resources Return on Assets (ROA) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
7.6%
FY2025
5-year range
0.4% / 7.6%
FY2021-FY2025
Trend
+32.2%
vs FY2024
Sector context
#22 of 102
Energy
What the data says
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 -1.5% in FY2016 to 7.6% in FY2025.
Based on SEC 10-K filings.
7.6% in FY2025 with a 5-year CAGR of +7.6%. Top quartile in the Energy sector.
Improved from 0.4% to 7.6% over the past 2 years.
Energy sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- +1.5pp
- 5-Year Change
- +7.6pp
- 10-Year Change
- -
Sector benchmark
Top 22% in EnergyTop 22% of 102This company 7.6% Sector average 3.9%
▼
+94.8% above sector average
Key checks
Key Insights
- In FY2025, return on assets (roa) increased 32.2% year-over-year.
- Currently 3.7pp above the Energy sector average.
- Lowest return on assets (roa) in the period was in FY2016.
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 | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 7.6% | +32.2% |
| FY2024 | 5.8% | +1502.8% |
| FY2023 | 0.4% | -94.1% |
| FY2022 | 6.1% | +1200.0% |
| FY2021 | 0.5% | +4600.0% |
| FY2020 | 0.0% | +100.9% |
| FY2019 | -1.1% | +0.0% |
| FY2018 | -1.1% | -392.1% |
| FY2017 | 0.4% | +126.0% |
| FY2016 | -1.5% | -431.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026