Targa Resources (TRGP) Asset Writedowns and Impairment (2017 - 2024)

Targa Resources (TRGP) has reported Asset Writedowns and Impairment for 7 consecutive years, with $2.2 million the latest figure, recorded in Q4 2024.

• On a quarterly basis, Asset Writedowns and Impairment rose 144.44% year-over-year to $2.2 million in Q4 2024; TTM through Dec 2024 was $6.2 million, a 10.14% decrease from a year earlier, with the FY2024 full-year figure at $6.2 million, down 10.14% from the prior year.
• Asset Writedowns and Impairment was $2.2 million for Q4 2024 at Targa Resources, down from $2.8 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $2.4 billion in Q1 2020 and troughed at $200000.0 in Q2 2024.
• A 5-year average of $163.1 million and a median of $2.0 million in 2023 frame the typical range for Asset Writedowns and Impairment.
• Across the five-year window, Asset Writedowns and Impairment tumbled 99.86% in 2021 and surged 440.0% in 2022, its largest moves.
• Over 5 years, Asset Writedowns and Impairment stood at $13.5 million in 2020, then jumped by 3250.37% to $452.3 million in 2021, then sank by 98.65% to $6.1 million in 2022, then slumped by 85.25% to $900000.0 in 2023, then jumped by 144.44% to $2.2 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $2.2 million (Q4 2024), $2.8 million (Q3 2024), and $200000.0 (Q2 2024), per Business Quant data.