Targa Resources (TRGP) Amortizatization of Intangibles (2011 - 2024)
Targa Resources (TRGP) posted quarterly Amortizatization of Intangibles of $6.4 million for Q4 2024, up 357.14% year-over-year from $1.4 million in Q1 2024, and up 540.0% quarter-over-quarter from $1.0 million in Q3 2024.
Targa Resources (TRGP) Amortizatization of Intangibles (2011 - 2024) Analysis & Trends
Targa Resources (TRGP) has reported Amortizatization of Intangibles for 14 consecutive years, with $6.4 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Amortizatization of Intangibles rose 357.14% year-over-year to $6.4 million; the TTM figure through Dec 2024 stood at $10.6 million (up 79.66% YoY), while the FY2024 annual figure was $10.6 million, up 79.66% from the prior year.
- Amortizatization of Intangibles grew to $6.4 million in Q4 2024 per TRGP's latest filing, from $1.0 million in the prior quarter.
- Across five years, Amortizatization of Intangibles topped out at $6.4 million in Q4 2024 and bottomed at $700000.0 in Q1 2020.
- Historically, Amortizatization of Intangibles has averaged $1.4 million across 5 years, with a median of $1.1 million in 2021.
- Annual changes were most pronounced in 2020 — Amortizatization of Intangibles tumbled 35.71% — and 2024, when it jumped 357.14%.
- Targa Resources' Amortizatization of Intangibles stood at $1.0 million in 2020, then changed by 0.0% to $1.0 million in 2021, then increased by 30.0% to $1.3 million in 2022, then rose by 7.69% to $1.4 million in 2023, then soared by 357.14% to $6.4 million in 2024.
- Business Quant data shows TRGP's Amortizatization of Intangibles at $6.4 million in Q4 2024, $1.0 million in Q3 2024, and $1.6 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | - |
| 10 | Venture Global | 34.09 Bn | 30.87 Bn | 2.92 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 6.40 Mn |
| Dec 31, 2024 | 6.40 Mn |
| Sep 30, 2024 | 1.00 Mn |
| Sep 30, 2024 | 1.00 Mn |
| Jun 30, 2024 | 1.60 Mn |
| Jun 30, 2024 | 1.60 Mn |
| Mar 31, 2024 | 1.60 Mn |
| Mar 31, 2024 | 1.60 Mn |
| Dec 31, 2023 | 1.40 Mn |
| Dec 31, 2023 | 1.40 Mn |
| Sep 30, 2023 | 1.40 Mn |
| Sep 30, 2023 | 1.40 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.60 Mn |
| Mar 31, 2023 | 1.60 Mn |
| Dec 31, 2022 | 1.30 Mn |
| Dec 31, 2022 | 1.30 Mn |
| Sep 30, 2022 | 1.30 Mn |
| Sep 30, 2022 | 1.30 Mn |