Growth Metrics

Targa Resources (TRGP) Deferred Taxes (2016 - 2026)

Targa Resources has reported Deferred Taxes over the past 13 years, most recently at $131.1 million for Q4 2025.

  • Quarterly Deferred Taxes rose 27.41% to $131.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $516.6 million through Dec 2025, up 40.76% year-over-year, with the annual reading at $516.6 million for FY2025, 40.76% up from the prior year.
  • Deferred Taxes was $131.1 million for Q4 2025 at Targa Resources, down from $158.8 million in the prior quarter.
  • Over five years, Deferred Taxes peaked at $169.8 million in Q2 2025 and troughed at -$9.4 million in Q4 2021.
  • The 5-year median for Deferred Taxes is $82.2 million (2022), against an average of $68.5 million.
  • Year-over-year, Deferred Taxes tumbled 125.34% in 2021 and then skyrocketed 1360.34% in 2022.
  • A 5-year view of Deferred Taxes shows it stood at -$9.4 million in 2021, then soared by 192.55% to $8.7 million in 2022, then surged 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).