Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

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