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| 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 |