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

Targa Resources (TRGP) has 17 years of Deferred Taxes data on file, last reported at $123.9 million in Q1 2026.

• Deferred Taxes for Q1 2026 came in at $123.9 million, up 117.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $583.6 million (up 69.6% YoY), and the FY2025 annual result was $516.6 million, up 40.76% from the prior year.
• Deferred Taxes eased to $123.9 million in Q1 2026 per TRGP's latest filing, 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.
• A 5-year average of $87.2 million and a median of $93.0 million in 2023 frame the typical range for Deferred Taxes.
• The sharpest annual moves came in 2022 and 2025: Deferred Taxes jumped 1360.34% in 2022, then slipped 28.7% in 2025.
• A 5-year view of Deferred Taxes shows it stood at $8.7 million in 2022, then surged 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 slipped by 5.49% to $123.9 million in 2026.
• Business Quant data shows TRGP's Deferred Taxes at $123.9 million in Q1 2026, $131.1 million in Q4 2025, and $158.8 million in Q3 2025.