Targa Resources Return on Equity (ROE) History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
62.7% in FY2025 with a 5-year CAGR of +121.2%. Ranks 1st among 86 companies in Energy.
Improved from 49.1% to 62.7% over the past 2 years.
Among 86 Energy companies, Targa Resources is in the top 1% for return on equity (roe). Return on Equity (ROE) has increased for 5 consecutive years, from -58.6% in FY2020 to 62.7% 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
- +38.7pp
- 5-Year Change
- +121.2pp
- 10-Year Change
- -
Return on Equity (ROE) Trend
Top 1% in EnergyTop 1% of 86This company 62.7% Sector average 8.3%
▼
+656.0% above sector average
Key Insights
- Targa Resources's return on equity (roe) has grown for 5 consecutive years.
- In FY2025, return on equity (roe) increased 23.8% year-over-year.
- Currently 54.4pp above the Energy sector average.
- Lowest return on equity (roe) in the period was in FY2020.
Annual Data
| Year | Return on Equity (ROE) | YoY Growth |
|---|---|---|
| FY2025 | 62.7% | +23.8% |
| FY2024 | 50.6% | +3.0% |
| FY2023 | 49.1% | +104.7% |
| FY2022 | 24.0% | +578.0% |
| FY2021 | 3.5% | +106.0% |
| FY2020 | -58.6% | -1277.6% |
| FY2019 | -4.3% | -14266.7% |
| FY2018 | 0.0% | -96.3% |
| FY2017 | 0.8% | +124.5% |
| FY2016 | -3.3% | -451.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026