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

Targa Resources (TRGP) has reported Deferred Taxes for 17 consecutive years, with $226.4 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Deferred Taxes rose 33.33% year-over-year to $226.4 million in Q2 2026; TTM through Jun 2026 was $640.2 million, a 51.38% increase from a year earlier, with the FY2025 full-year figure at $516.6 million, up 40.76% from the prior year.
• Deferred Taxes was $226.4 million for Q2 2026 at Targa Resources, up from $123.9 million in the prior quarter.
• Over five years, Deferred Taxes peaked at $226.4 million in Q2 2026 and troughed at $8.7 million in Q4 2022.
• A 5-year average of $94.9 million and a median of $93.2 million in 2023 frame the typical range for Deferred Taxes.
• Across the five-year window, Deferred Taxes soared 1360.34% in 2022 and decreased 28.7% in 2025, its largest moves.
• Over 5 years, Deferred Taxes stood at $8.7 million in 2022, then jumped by 1020.69% to $97.5 million in 2023, then advanced by 5.54% to $102.9 million in 2024, then grew by 27.41% to $131.1 million in 2025, then jumped by 72.69% to $226.4 million in 2026.
• The last three Deferred Taxes figures came in at $226.4 million (Q2 2026), $123.9 million (Q1 2026), and $131.1 million (Q4 2025), per Business Quant data.