Targa Resources Return on Tangible Equity 2010-2025 | TRGP

Current and historical return on tangible equity values for Targa Resources (TRGP) over the last 10 years. Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
Targa Resources Return On Tangible Equity Historical Data
Date TTM Net Income Tangible Equity Return on Tangible Equity
2025-03-31 $1.20B $0.68B 62.62%
2024-12-31 $1.28B $2.44B 54.81%
2024-09-30 $1.24B $2.39B 54.28%
2024-06-30 $1.08B $2.19B 49.45%
2024-03-31 $1.11B $2.32B 51.95%
2023-12-31 $0.84B $2.26B 42.00%
2023-09-30 $0.87B $1.93B 43.67%
2023-06-30 $0.84B $2.00B 42.62%
2023-03-31 $0.89B $1.77B 38.38%
2022-12-31 $0.90B $2.25B 32.03%
2022-09-30 $0.24B $1.89B 7.05%
2022-06-30 $0.21B $3.36B 5.01%
2022-03-31 $-0.13B $3.70B -2.83%
2021-12-31 $-0.02B $4.83B -0.35%
2021-09-30 $0.32B $4.87B 6.54%
2021-06-30 $0.20B $4.83B 3.96%
2021-03-31 $0.21B $4.92B 4.21%
2020-12-31 $-1.69B $4.82B -33.35%
2020-09-30 $-1.83B $5.10B -32.70%
2020-06-30 $-1.95B $5.11B -31.81%
2020-03-31 $-2.04B $5.17B -30.60%
2019-12-31 $-0.34B $6.99B -4.96%
2019-09-30 $-0.33B $7.19B -5.08%
2019-06-30 $-0.30B $7.26B -5.08%
2019-03-31 $-0.18B $5.60B -3.36%
2018-12-31 $-0.12B $5.69B -2.28%
2018-09-30 $0.27B $5.22B 5.51%
2018-06-30 $0.13B $5.15B 2.75%
2018-03-31 $0.08B $4.81B 1.71%
2017-12-31 $-0.06B $4.55B -1.46%
2017-09-30 $-0.50B $4.28B -11.90%
2017-06-30 $-0.34B $4.62B -8.27%
2017-03-31 $-0.42B $3.76B -10.71%
2016-12-31 $-0.28B $4.05B -7.05%
2016-09-30 $-0.07B $3.98B -1.82%
2016-06-30 $-0.02B $3.90B -0.50%
2016-03-31 $0.05B $3.90B 1.18%
2015-12-31 $0.06B $4.02B 1.39%
2015-09-30 $0.06B $4.13B 1.56%
2015-06-30 $0.08B $4.20B 2.45%
2015-03-31 $0.09B $4.36B 3.56%
2014-12-31 $0.10B $1.95B 6.00%
2014-09-30 $0.10B $1.74B 6.10%
2014-06-30 $0.08B $1.62B 5.53%
2014-03-31 $0.07B $1.56B 5.14%
2013-12-31 $0.06B $1.44B 5.02%
2013-09-30 $0.06B $1.31B 4.65%
2013-06-30 $0.05B $1.21B 3.96%
2013-03-31 $0.04B $1.13B 3.27%
2012-12-31 $0.04B $1.07B 2.85%
2012-09-30 $0.04B $1.43B 2.58%
2012-06-30 $0.03B $1.51B 2.34%
2012-03-31 $0.04B $1.47B 2.58%
2011-12-31 $0.03B $1.33B 2.44%
2011-09-30 $0.01B $1.33B 1.13%
2011-06-30 $-0.01B $1.30B -1.10%
2011-03-31 $-0.21B $1.28B -36.76%
2010-12-31 $-0.22B $1.04B -84.94%
Sector Industry Market Cap Revenue
Oils/Energy Oil Refining & Marketing MLP $37.642B $16.382B
Targa Resources Corp. is a energy infrastructure company and provider of integrated midstream services in North America. The company primarily derives its revenues from gathering, compressing, treating, processing and selling natural gas. Targa Resources also provides services associated with natural gas liquids, including those to liquefied petroleum gas exporters and crude oil. The company has formidable position in the world's largest NGL hub - Mont Belvieu, TX. Further, the company owns state-of-the-art LPG export facilities on the Gulf Coast at its Galena Park Marine Terminal, which is interconnected to Mont Belvieu. The company also has a significant presence in the Permian basin - the region at the forefront of American energy growth. Targa Resources Grand Prix NGL pipeline out of the Permian helps it to bring gathering and processing volumes to Mont Belvieu fractionation and export facilities. Targa Resources has two main business segments in Gathering and Processing and Logistics and Transportation.
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