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

Targa Resources' (TRGP) quarterly Long-Term Deferred Tax came in at $65.1 million in Q4 2021, down 66.87% year-on-year from $196.5 million in Q4 2020, and down 66.87% on a QoQ basis 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.

  • On a quarterly basis, Long-Term Deferred Tax fell 66.87% year-over-year to $65.1 million in Q4 2021; TTM through Dec 2021 was $65.1 million, a 66.87% decrease from a year earlier, with the FY2021 full-year figure at $65.1 million, down 66.87% from the prior year.
  • Long-Term Deferred Tax for Q4 2021 stood at $65.1 million, down from $196.5 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for TRGP reached as high as $196.5 million in Q4 2020 and fell as low as $39.9 million in Q4 2017.
  • Historically, Long-Term Deferred Tax has averaged $80.4 million across 5 years, with a median of $53.8 million in 2019.
  • Across the five-year window, Long-Term Deferred Tax jumped 265.24% in 2020 and sank 66.87% in 2021, its largest moves.
  • Year by year, Long-Term Deferred Tax stood at $39.9 million in 2017, then climbed by 17.04% to $46.7 million in 2018, then gained by 15.2% to $53.8 million in 2019, then soared by 265.24% to $196.5 million in 2020, then slumped by 66.87% to $65.1 million in 2021.
  • Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 Mplx 58.39 Bn 56.89 Bn 1.95 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 100,000.00
Dec 31, 2013 -3.50 Mn
Dec 31, 2012 -3.50 Mn
Dec 31, 2011 -3.50 Mn
Dec 31, 2010 -3.50 Mn