Targa Resources (TRGP) Goodwill & Intangibles (2011 - 2026)
Targa Resources' Goodwill & Intangibles came in at $2.11 billion for Q2 2026, up 16.0% from $1.81 billion a year earlier but down 4.4% from the prior quarter.
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Analysis
Targa Resources (TRGP) Goodwill & Intangibles (2011 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources' Goodwill & Intangibles was $1.65 billion, down 16.5% from FY2024.
- Goodwill & Intangibles has declined in each of the last three years, though with a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $1.98 billion in FY2024 (-15.9%), $2.35 billion in FY2023 (-14.0%), $2.73 billion in FY2022 (+149.8%) and $1.09 billion in FY2021 (-20.8%).
- The five-year range for quarterly Goodwill & Intangibles is $1.04 billion (Q2 2022) to $2.84 billion (Q3 2022).
- Year-over-year, Goodwill & Intangibles increased in two of the last eight quarters, with an average decline of 8.0%.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q4 2022 (growth of 149.8%), and the weakest in Q2 2022 (a decline of 21.1%).
- Business Quant data shows TRGP's Goodwill & Intangibles at $2.2 billion (Q1 2026), $1.65 billion (Q4 2025) and $1.73 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn |
| 10 | Oneok | 54.95 Bn | 53.44 Bn | 2.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.11 Bn |
| Mar 31, 2026 | 2.20 Bn |
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 1.90 Bn |
| Dec 31, 2024 | 1.98 Bn |
| Sep 30, 2024 | 2.07 Bn |
| Jun 30, 2024 | 2.16 Bn |
| Mar 31, 2024 | 2.26 Bn |
| Dec 31, 2023 | 2.35 Bn |
| Sep 30, 2023 | 2.45 Bn |
| Jun 30, 2023 | 2.54 Bn |
| Mar 31, 2023 | 2.64 Bn |
| Dec 31, 2022 | 2.73 Bn |
| Sep 30, 2022 | 2.84 Bn |
| Jun 30, 2022 | 1.04 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.09 Bn |
| Sep 30, 2021 | 1.28 Bn |
API Access
Targa Resources Goodwill & Intangibles 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-and-intangibles&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();