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% sequentially from $196.5 million in Q4 2020.

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

Targa Resources' Long-Term Deferred Tax history runs 12 years deep, the most recent figure standing at $65.1 million for Q4 2021.

  • In Q4 2021, Long-Term Deferred Tax fell 66.87% year-over-year to $65.1 million; the TTM figure through Dec 2021 stood at $65.1 million (down 66.87% YoY), while the FY2021 annual figure was $65.1 million, down 66.87% from the prior year.
  • Long-Term Deferred Tax came in at $65.1 million for Q4 2021 at Targa Resources, down 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.
  • The 5-year median for Long-Term Deferred Tax is $53.8 million (2019), against an average of $80.4 million.
  • The widest annual swing landed in 2020, when Long-Term Deferred Tax jumped 265.24%; it then plunged 66.87% in 2021.
  • A 5-year view of Long-Term Deferred Tax shows it stood at $39.9 million in 2017, then gained by 17.04% to $46.7 million in 2018, then increased by 15.2% to $53.8 million in 2019, then jumped 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn

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