Targa Resources (TRGP) Current Deferred Revenue (2014 - 2024)
Targa Resources (TRGP) posted quarterly 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 reported Current Deferred Revenue for 11 consecutive years, with $119.9 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Current Deferred Revenue fell 51.81% year-over-year to $119.9 million; the TTM figure through Dec 2024 stood at $119.9 million (down 51.81% YoY), while the FY2024 annual figure was $119.9 million, down 51.81% from the prior year.
- Current Deferred Revenue improved to $119.9 million in Q4 2024 per TRGP's latest filing, from $119.3 million in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $248.8 million in Q4 2023 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Current Deferred Revenue advanced 25.15% — and 2024, when it plunged 51.81%.
- Targa Resources' Current Deferred Revenue stood at $168.5 million in 2020, then rose by 1.96% to $171.8 million in 2021, then rose by 15.72% to $198.8 million in 2022, then rose by 25.15% to $248.8 million in 2023, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 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 |