Targa Resources (TRGP) Current Taxes (2013 - 2020)
Targa Resources' Current Taxes was $85.9 million in Q3 2020, up 7.5% from $79.9 million a year earlier.
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Analysis
Targa Resources (TRGP) Current Taxes (2013 - 2020) Analysis & Trends
At the end of FY2019, Current Taxes at Targa Resources came in at $62.4 million, up 30.8% from FY2018.
- Current Taxes has now increased for six consecutive years, with a five-year compound annual growth rate of 39.8% (FY2014 to FY2019).
- In earlier years, Current Taxes was $47.7 million in FY2018 (+76.0%), $27.1 million in FY2017 (+12.0%), $24.2 million in FY2016 (+80.6%) and $13.4 million in FY2015 (+14.5%).
- The Q3 2020 figure marks the highest quarterly Current Taxes since Q3 2018.
- Compared with a year earlier, Current Taxes was higher in five of the last seven quarters, with growth averaging 19.5%.
- The best year-over-year quarter for Current Taxes over five years was Q4 2016 (growth of 80.6%); the worst was Q3 2019 (a decline of 11.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | - |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | - |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 216.00 Mn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | - |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | - |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 85.90 Mn |
| Mar 31, 2020 | 37.00 Mn |
| Dec 31, 2019 | 62.40 Mn |
| Sep 30, 2019 | 79.90 Mn |
| Jun 30, 2019 | 61.50 Mn |
| Mar 31, 2019 | 40.50 Mn |
| Dec 31, 2018 | 47.70 Mn |
| Sep 30, 2018 | 90.40 Mn |
| Jun 30, 2018 | 58.50 Mn |
| Mar 31, 2018 | 29.50 Mn |
| Dec 31, 2017 | 27.10 Mn |
| Sep 30, 2017 | 61.20 Mn |
| Jun 30, 2017 | 45.00 Mn |
| Mar 31, 2017 | 22.60 Mn |
| Dec 31, 2016 | 24.20 Mn |
| Sep 30, 2016 | 49.60 Mn |
| Jun 30, 2016 | 34.80 Mn |
| Mar 31, 2016 | 19.10 Mn |
| Dec 31, 2015 | 13.40 Mn |
| Sep 30, 2015 | 42.80 Mn |
API Access
Targa Resources Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();