Targa Resources (TRGP) Goodwill (2015 - 2019)
Targa Resources (TRGP) posted Goodwill of $45.2 million for Q4 2019, down 3.0% from $46.6 million a year earlier and down 3.0% from the prior quarter.
Analysis
Targa Resources (TRGP) Goodwill (2015 - 2019) Analysis & Trends
Since Q1 2015, Targa Resources has reported Goodwill for 20 quarters.
- Annual Goodwill shows a four-year compound annual growth rate of -42.6% (FY2015 to FY2019).
- In prior years, Targa Resources' Goodwill was $46.6 million in FY2018 (-81.8%), $256.6 million in FY2017 (+22.2%), $210 million in FY2016 (-49.6%) and $417 million in FY2015.
- The Q4 2019 figure stands as the lowest quarterly Goodwill in data going back to Q1 2015.
- On a year-over-year basis, Goodwill has declined in each of the last five quarters, with an average decline of 45.1% over the last eight quarters.
- The strongest year-over-year quarter for Goodwill in the past five years was Q4 2017, with growth of 22.2%; the weakest was Q4 2018, with a decline of 81.8%.
- According to Business Quant data, Goodwill for the three prior quarters was $46.6 million (Q3 2019), $46.6 million (Q2 2019) and $46.6 million (Q1 2019).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 45.20 Mn |
| Sep 30, 2019 | 46.60 Mn |
| Jun 30, 2019 | 46.60 Mn |
| Mar 31, 2019 | 46.60 Mn |
| Dec 31, 2018 | 46.60 Mn |
| Sep 30, 2018 | 256.60 Mn |
| Jun 30, 2018 | 256.60 Mn |
| Mar 31, 2018 | 256.60 Mn |
| Dec 31, 2017 | 256.60 Mn |
| Sep 30, 2017 | 256.60 Mn |
| Jun 30, 2017 | 256.60 Mn |
| Mar 31, 2017 | 369.00 Mn |
| Dec 31, 2016 | 210.00 Mn |
| Sep 30, 2016 | 393.00 Mn |
| Jun 30, 2016 | 393.00 Mn |
| Mar 31, 2016 | 393.00 Mn |
| Dec 31, 2015 | 417.00 Mn |
| Sep 30, 2015 | 551.40 Mn |
| Jun 30, 2015 | 557.90 Mn |
| Mar 31, 2015 | 557.90 Mn |
API Access
Targa Resources Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();