Targa Resources (TRGP) Current Deferred Revenue (2014 - 2024)

Targa Resources (TRGP) reported Current Deferred Revenue of $119.9 million for Q4 2024, down 51.81% year-over-year from $248.8 million in Q1 2024, and up 0.5% quarter-over-quarter from $119.3 million in Q3 2024.

Targa Resources (TRGP) Current Deferred Revenue (2014 - 2024) Analysis & Trends

Targa Resources (TRGP) has 11 years of Current Deferred Revenue data on file, last reported at $119.9 million in Q4 2024.

  • Current Deferred Revenue for Q4 2024 came in at $119.9 million, down 51.81% year-over-year; the trailing twelve-month figure through Dec 2024 was $119.9 million (down 51.81% YoY), and the FY2024 annual result was $119.9 million, down 51.81% from the prior year.
  • Current Deferred Revenue grew to $119.9 million in Q4 2024 per TRGP's latest filing, from $119.3 million in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $248.8 million in Q4 2023 and troughed at $118.3 million in Q2 2024.
  • A 5-year average of $172.4 million and a median of $184.4 million in 2021 frame the typical range for Current Deferred Revenue.
  • The sharpest annual moves came in 2023 and 2024: Current Deferred Revenue advanced 25.15% in 2023, then plunged 51.81% in 2024.
  • A 5-year view of Current Deferred Revenue shows it stood at $168.5 million in 2020, then increased by 1.96% to $171.8 million in 2021, then increased by 15.72% to $198.8 million in 2022, then increased by 25.15% to $248.8 million in 2023, then sank by 51.81% to $119.9 million in 2024.
  • Business Quant data shows TRGP's Current Deferred Revenue at $119.9 million in Q4 2024, $119.3 million in Q3 2024, and $118.3 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 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
DateValue
Dec 31, 2024 119.90 Mn
Sep 30, 2024 119.30 Mn
Jun 30, 2024 118.30 Mn
Mar 31, 2024 119.10 Mn
Dec 31, 2023 248.80 Mn
Sep 30, 2023 202.10 Mn
Jun 30, 2023 200.10 Mn
Mar 31, 2023 204.50 Mn
Dec 31, 2022 198.80 Mn
Sep 30, 2022 197.10 Mn
Dec 31, 2021 171.80 Mn
Dec 31, 2020 168.50 Mn
Dec 31, 2019 172.00 Mn
Jun 30, 2019 173.90 Mn
Mar 31, 2019 174.60 Mn
Dec 31, 2018 175.50 Mn
Sep 30, 2018 176.40 Mn
Jun 30, 2018 134.30 Mn
Mar 31, 2018 135.20 Mn
Dec 31, 2017 136.20 Mn