Targa Resources TRGP Return on assets
Return on assets at other companies
Other financials
Where this comes from
Calculated from Targa Resources’s reported figures.
Based on trailing twelve months.
The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Targa Resources's return on assets?
- Targa Resources (TRGP) reported return on assets of 8.5% in Q1 2026.
- How has Targa Resources's return on assets changed year-over-year?
- Targa Resources's return on assets increased by 42.6% year-over-year, from 6% to 8.5%.
- What is the long-term trend for Targa Resources's return on assets?
- Over 4 years (2020 to 2025), Targa Resources's return on assets has grown at a -3.2% compound annual growth rate (CAGR), from -9.2% to 8%.
- What does return on assets mean?
- How much profit the company squeezes out of everything it owns.
- How do you interpret return on assets?
- Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
- How does return on assets compare across companies?
- Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.