Targa Resources (TRGP) Current Deferred Revenue (2014 - 2024)
Targa Resources' (TRGP) quarterly Current Deferred Revenue came in at $119.9 million in Q4 2024, down 51.81% year-on-year from $248.8 million in Q1 2024, and up 0.5% on a QoQ basis 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.
- On a quarterly basis, Current Deferred Revenue fell 51.81% year-over-year to $119.9 million in Q4 2024; TTM through Dec 2024 was $119.9 million, a 51.81% decrease from a year earlier, with the FY2024 full-year figure at $119.9 million, down 51.81% from the prior year.
- Current Deferred Revenue for Q4 2024 stood at $119.9 million, up from $119.3 million in the prior quarter.
- Over the last five years, Current Deferred Revenue for TRGP reached as high as $248.8 million in Q4 2023 and fell as low as $118.3 million in Q2 2024.
- Historically, Current Deferred Revenue has averaged $172.4 million across 5 years, with a median of $184.4 million in 2021.
- Across the five-year window, Current Deferred Revenue rose 25.15% in 2023 and slumped 51.81% in 2024, its largest moves.
- Year by year, Current Deferred Revenue stood at $168.5 million in 2020, then advanced by 1.96% to $171.8 million in 2021, then advanced by 15.72% to $198.8 million in 2022, then advanced by 25.15% to $248.8 million in 2023, then slumped by 51.81% to $119.9 million in 2024.
- Per Business Quant data, the three most recent Current Deferred Revenue figures were $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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |