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-over-year from $248.8 million in Q1 2024, and up 0.5% quarter-over-quarter from $119.3 million in Q3 2024.
Analysis
Targa Resources (TRGP) Current Deferred Revenue (2014 - 2024) Analysis & Trends
Targa Resources (TRGP) has reported Current Deferred Revenue for 11 consecutive years, with $119.9 million the latest figure, recorded 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 was $119.9 million for Q4 2024 at Targa Resources, up 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.
- Across the five-year window, Current Deferred Revenue gained 25.15% in 2023 and sank 51.81% in 2024, its largest moves.
- Over 5 years, Current Deferred Revenue stood at $168.5 million in 2020, then grew by 1.96% to $171.8 million in 2021, then grew by 15.72% to $198.8 million in 2022, then grew by 25.15% to $248.8 million in 2023, then slumped by 51.81% to $119.9 million in 2024.
- The last three Current Deferred Revenue figures came in at $119.9 million (Q4 2024), $119.3 million (Q3 2024), and $118.3 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic 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 |