Tallgrass Energy Lp (TGE) Return on Assets ROA from the fourth quarter of 2019 to fourth quarter of 2018 and for the year 2019, Average High and Low, Fundamental Ratios from Dec 31 2019 to Dec 31 2018 - CSIMarket
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Tallgrass Energy Lp  (NYSE: TGE)
    Sector • Utilities    Industry • Natural Gas Utilities
   Industry • Natural Gas Utilities
   Sector • Utilities


Tallgrass Energy Lp's ROA from the fourth quarter of 2019 to the fourth quarter of 2018 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Tallgrass Energy Lp's ROA in the fourth quarter of 2019?
Tallgrass Energy Lp achieved a return on average assets (ROA) of 7.38 % in its fourth quarter of 2019, this is above TGE's average return on assets of 3.29%.
Tallgrass Energy Lps assets during the 12 months ending in the fourth quarter of 2019 are valued at $6 billion

ROA decreased relative to the period ending Sep 30 2019, due to the decline in net income.

However, within the Utilities sector 23 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2019 quarter, so far to 942, from total ROA ranking in the third quarter of 2019 at 1887.

What is ROA?



Return On Assets (Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
Y / Y Total Assets Change 4.7 % 8.91 % 19.18 % - -
Y / Y Net Income Change -26.81 % 8.24 % 15.07 % - -
Net Income (TTM) in million 449 482 472 456 353
Return On Assets (TTM) 7.38 % 8.03 % 8.03 % 8.09 % 8.44 %
TGE's Total Ranking # 942 # 1887 # 2000 # 2121 #
Total Assets (TTM) in million 6,177 6,171 6,167 5,789 5,900
Seq. Total Assets Change 0.1 % 0.06 % 6.54 % -1.89 % 4.12 %
Seq. Net Income Change -28.83 % 1.79 % 23.28 % -18.05 % 5.25 %



Return On Assets Company Ranking
Within: No.
Industry # 16
Sector # 24
Overall # 919

Return On Assets Statistics
High Average Low
7.27 %
3.29 %
1.8 %
(Dec 31 2019)   (Mar 31 2019)





Financial Statements
Tallgrass Energy Lp's Assets $ 6,177 million TGE's Balance sheet
Tallgrass Energy Lp's Income $ 91 million Quarterly TGE's Income Statement
TGE's Income by Division See TGE's Income by Division



Annual Return On Assets (Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018

FY

FY

FY
Y / Y Total Assets Change 4.88 % - - - -
Total Assets in million 6,177 5,890 0 0 0
Y / Y Net Income Change -4.09 % - - - -
Net Income in million 449 468 0 0 0
Annual Return On Assets 7.26 % 7.94 % - - -




Comment on TGE's ROA in the fiscal year ending 2019
In the fiscal year 2019 Tallgrass Energy Lp's ROA decreased compared to previous year to 7.26 %, due to deterioration of net income -4.09 % to $448.56 million, from $467.67 million a year ago, as TGE's assets were $6,177.10 million.


More Return On Assets Ratios
TGE's' Return on Assets at Yahoo Finance
Natural Gas Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
TGE's Roa Ratio versus Natural Gas Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for TGE's Competitors
Subscribers only: Roa for Tallgrass Energy Lp's Suppliers
Subscribers only: Return On Assets for TGE's Customers

You may also want to know
TGE's Roi TGE's Inventory Turnover Ratio TGE's Growth Rates TGE's Dividend Comparisons
TGE's Profitability Ratios TGE's Asset Turnover Ratio TGE's Dividend Growth
TGE's Roe TGE's Valuation Ratios TGE's Financial Strength Ratios TGE's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2019, within Utilities Sector ROA
Pbf Logistics Lp  19.92 %
Cnx Midstream Partners Lp  15.40 %
Central Puerto S a   14.10 %
Pampa Energy Inc   14.07 %
Phillips 66 Partners Lp  13.65 %
Delek Logistics Partners Lp  13.25 %
Magellan Midstream Partners L p   12.50 %
Pure Cycle Corporation  12.48 %
American States Water Co  12.20 %
Rattler Midstream Lp  12.15 %
Holly Energy Partners Lp  10.76 %
Tc pipelines lp  10.48 %
Noble Midstream Partners Lp  9.47 %
Energy Transfer Lp  7.98 %
Enterprise Products Partners L p   7.82 %
Plains All American Pipeline Lp  7.77 %
Consolidated Water Co ltd   7.44 %
Transcontinental Gas Pipe Line Company Llc  7.36 %
Tallgrass Energy Lp  7.27 %
Plains Gp Holdings Lp  7.03 %
Western Midstream Partners Lp  6.69 %
Crestwood Equity Partners Lp  6.37 %
Energy Co Of Minas Gerais  6.27 %
Oneok Inc   6.25 %
Cpfl Energy Inc  6.24 %
Cheniere Energy Partners L p   6.22 %
Blueknight Energy Partners L.p.  5.88 %
Dpl Llc  5.67 %
Energy Co Of Parana  5.50 %
Energy Transfer Operating L p   5.28 %


Date modified: 2026-09-08T15:09:49+00:00


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