Targa Resources (TRGP) Current Taxes (2013 - 2020)

Targa Resources (TRGP) has reported Current Taxes for 8 consecutive years, with $85.9 million the latest figure, recorded in Q3 2020.

• On a quarterly basis, Current Taxes rose 7.51% year-over-year to $85.9 million in Q3 2020; TTM through Sep 2020 was $85.9 million, a 7.51% increase from a year earlier, with the FY2019 full-year figure at $62.4 million, up 30.82% from the prior year.
• Current Taxes was $85.9 million for Q3 2020 at Targa Resources, up from $37.0 million in the prior quarter.
• Over five years, Current Taxes peaked at $90.4 million in Q3 2018 and troughed at $19.1 million in Q1 2016.
• A 5-year average of $48.7 million and a median of $46.4 million in 2017 frame the typical range for Current Taxes.
• Across the five-year window, Current Taxes jumped 80.6% in 2016 and decreased 11.62% in 2019, its largest moves.
• Over 5 years, Current Taxes stood at $24.2 million in 2016, then advanced by 11.98% to $27.1 million in 2017, then jumped by 76.01% to $47.7 million in 2018, then soared by 30.82% to $62.4 million in 2019, then jumped by 37.66% to $85.9 million in 2020.
• The last three Current Taxes figures came in at $85.9 million (Q3 2020), $37.0 million (Q1 2020), and $62.4 million (Q4 2019), per Business Quant data.