Growth Metrics

Targa Resources (TRGP) Deferred Taxes (2016 - 2025)

Targa Resources (TRGP) has disclosed Deferred Taxes for 13 consecutive years, with $131.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Deferred Taxes rose 27.41% to $131.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $516.6 million, a 40.76% increase, with the full-year FY2025 number at $516.6 million, up 40.76% from a year prior.
  • Deferred Taxes was $131.1 million for Q4 2025 at Targa Resources, down from $158.8 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $169.8 million in Q2 2025 to a low of -$9.4 million in Q4 2021.
  • A 5-year average of $68.5 million and a median of $82.2 million in 2022 define the central range for Deferred Taxes.
  • Peak YoY movement for Deferred Taxes: tumbled 125.34% in 2021, then skyrocketed 1360.34% in 2022.
  • Targa Resources' Deferred Taxes stood at -$9.4 million in 2021, then skyrocketed by 192.55% to $8.7 million in 2022, then soared by 1020.69% to $97.5 million in 2023, then rose by 5.54% to $102.9 million in 2024, then increased by 27.41% to $131.1 million in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Deferred Taxes are $131.1 million (Q4 2025), $158.8 million (Q3 2025), and $169.8 million (Q2 2025).