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
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