Targa Resources (TRGP) Amortizatization of Intangibles (2011 - 2024)
Targa Resources (TRGP) reported 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 14 years of Amortizatization of Intangibles data on file, last reported at $6.4 million in Q4 2024.
- Amortizatization of Intangibles for Q4 2024 came in at $6.4 million, up 357.14% year-over-year; the trailing twelve-month figure through Dec 2024 was $10.6 million (up 79.66% YoY), and the FY2024 annual result was $10.6 million, up 79.66% from the prior year.
- Amortizatization of Intangibles climbed to $6.4 million in Q4 2024 per TRGP's latest filing, from $1.0 million in the prior quarter.
- Over five years, Amortizatization of Intangibles peaked at $6.4 million in Q4 2024 and troughed at $700000.0 in Q1 2020.
- A 5-year average of $1.4 million and a median of $1.1 million in 2021 frame the typical range for Amortizatization of Intangibles.
- The sharpest annual moves came in 2020 and 2024: Amortizatization of Intangibles tumbled 35.71% in 2020, then jumped 357.14% in 2024.
- A 5-year view of Amortizatization of Intangibles shows it stood at $1.0 million in 2020, then changed by 0.0% to $1.0 million in 2021, then grew by 30.0% to $1.3 million in 2022, then increased by 7.69% to $1.4 million in 2023, then surged 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 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | 28.00 Mn |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | - |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | - |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | - |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | - |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | - |
| 10 | Cheniere Energy | 50.96 Bn | 53.16 Bn | 5.86 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 |