Targa Resources (TRGP) Deferred Taxes (2010 - 2026)

Targa Resources' Deferred Taxes history runs 17 years deep, the most recent figure standing at $123.9 million for Q1 2026.

• In Q1 2026, Deferred Taxes rose 117.75% year-over-year to $123.9 million; the TTM figure through Mar 2026 stood at $583.6 million (up 69.6% YoY), while the FY2025 annual figure was $516.6 million, up 40.76% from the prior year.
• Deferred Taxes came in at $123.9 million for Q1 2026 at Targa Resources, down from $131.1 million in the prior quarter.
• Over five years, Deferred Taxes peaked at $169.8 million in Q2 2025 and troughed at $8.7 million in Q4 2022.
• The 5-year median for Deferred Taxes is $93.0 million (2023), against an average of $87.2 million.
• The widest annual swing landed in 2022, when Deferred Taxes surged 1360.34%; it then dropped 28.7% in 2025.
• A 5-year view of Deferred Taxes shows it stood at $8.7 million in 2022, then soared by 1020.69% to $97.5 million in 2023, then climbed by 5.54% to $102.9 million in 2024, then increased by 27.41% to $131.1 million in 2025, then dropped by 5.49% to $123.9 million in 2026.
• Per Business Quant data, the three most recent Deferred Taxes figures were $123.9 million in Q1 2026, $131.1 million in Q4 2025, and $158.8 million in Q3 2025.