Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021)

Targa Resources (TRGP) reported Long-Term Deferred Tax of $65.1 million for Q4 2021, down 66.87% year-over-year from $196.5 million in Q4 2020, and down 66.87% quarter-over-quarter from $196.5 million in Q4 2020.

Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021) Analysis & Trends

Targa Resources (TRGP) has 12 years of Long-Term Deferred Tax data on file, last reported at $65.1 million in Q4 2021.

  • Long-Term Deferred Tax for Q4 2021 came in at $65.1 million, down 66.87% year-over-year; the trailing twelve-month figure through Dec 2021 was $65.1 million (down 66.87% YoY), and the FY2021 annual result was $65.1 million, down 66.87% from the prior year.
  • Long-Term Deferred Tax eased to $65.1 million in Q4 2021 per TRGP's latest filing, from $196.5 million in the prior quarter.
  • Over five years, Long-Term Deferred Tax peaked at $196.5 million in Q4 2020 and troughed at $39.9 million in Q4 2017.
  • A 5-year average of $80.4 million and a median of $53.8 million in 2019 frame the typical range for Long-Term Deferred Tax.
  • The sharpest annual moves came in 2020 and 2021: Long-Term Deferred Tax soared 265.24% in 2020, then tumbled 66.87% in 2021.
  • A 5-year view of Long-Term Deferred Tax shows it stood at $39.9 million in 2017, then rose by 17.04% to $46.7 million in 2018, then grew by 15.2% to $53.8 million in 2019, then soared by 265.24% to $196.5 million in 2020, then sank by 66.87% to $65.1 million in 2021.
  • Business Quant data shows TRGP's Long-Term Deferred Tax at $65.1 million in Q4 2021, $196.5 million in Q4 2020, and $53.8 million in Q4 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn

Historic Data

Download Data
DateValue
Dec 31, 2021 65.10 Mn
Dec 31, 2020 196.50 Mn
Dec 31, 2019 53.80 Mn
Dec 31, 2018 46.70 Mn
Dec 31, 2017 39.90 Mn
Dec 31, 2016 54.50 Mn
Dec 31, 2015 43.70 Mn
Dec 31, 2014 27.90 Mn
Dec 31, 2013 -3.50 Mn
Dec 31, 2012 -3.50 Mn
Dec 31, 2011 -3.50 Mn
Dec 31, 2010 -3.50 Mn