Targa Resources (TRGP) Amortizatization of Intangibles (2011 - 2024)
Targa Resources' (TRGP) quarterly Amortizatization of Intangibles came in at $6.4 million in Q4 2024, up 357.14% year-on-year from $1.4 million in Q1 2024, and up 540.0% sequentially from $1.0 million in Q3 2024.
Targa Resources (TRGP) Amortizatization of Intangibles (2011 - 2024) Analysis & Trends
Targa Resources' Amortizatization of Intangibles history runs 14 years deep, the most recent figure standing at $6.4 million for 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 came in at $6.4 million for Q4 2024 at Targa Resources, up 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.
- The 5-year median for Amortizatization of Intangibles is $1.1 million (2021), against an average of $1.4 million.
- The widest annual swing landed in 2020, when Amortizatization of Intangibles plunged 35.71%; it then surged 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 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.
- Per Business Quant data, the three most recent Amortizatization of Intangibles figures were $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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 28.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | - |
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 |