Targa Resources (TRGP) Intangibles (2011 - 2026)
Targa Resources (TRGP) reported Intangibles of $2.2 billion for Q1 2026, up 16.1% year-over-year from $1.9 billion in Q1 2025, and down 49.72% quarter-over-quarter from $4.4 billion in Q4 2025.
Targa Resources (TRGP) Intangibles (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has 16 years of Intangibles data on file, last reported at $2.2 billion in Q1 2026.
- Intangibles for Q1 2026 came in at $2.2 billion, up 16.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.2 billion (up 16.1% YoY), and the FY2025 annual result was $4.4 billion, changed 0.0% from the prior year.
- Intangibles retreated to $2.2 billion in Q1 2026 per TRGP's latest filing, from $4.4 billion in the prior quarter.
- Over five years, Intangibles peaked at $4.4 billion in Q3 2022 and troughed at $1.0 billion in Q2 2022.
- A 5-year average of $2.8 billion and a median of $2.4 billion in 2023 frame the typical range for Intangibles.
- The sharpest annual moves came in 2022 and 2023: Intangibles slumped 59.64% in 2022, then surged 321.45% in 2023.
- A 5-year view of Intangibles shows it stood at $2.7 billion in 2022, then slipped by 14.04% to $2.4 billion in 2023, then soared by 86.25% to $4.4 billion in 2024, then changed by 0.0% to $4.4 billion in 2025, then tumbled by 49.72% to $2.2 billion in 2026.
- Business Quant data shows TRGP's Intangibles at $2.2 billion in Q1 2026, $4.4 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.92 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.10 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.69 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.29 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.36 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 2.20 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 2.87 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.20 Bn |
| Dec 31, 2025 | 4.38 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 1.90 Bn |
| Dec 31, 2024 | 4.38 Bn |
| Sep 30, 2024 | 2.07 Bn |
| Jun 30, 2024 | 4.38 Bn |
| Mar 31, 2024 | 2.26 Bn |
| Dec 31, 2023 | 2.35 Bn |
| Sep 30, 2023 | 4.38 Bn |
| Jun 30, 2023 | 4.38 Bn |
| Mar 31, 2023 | 2.64 Bn |
| Dec 31, 2022 | 2.73 Bn |
| Sep 30, 2022 | 4.38 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 |
| Jun 30, 2021 | 1.32 Bn |