Growth Metrics

Targa Resources (TRGP) Long-Term Deferred Tax (2016 - 2021)

Targa Resources (TRGP) has disclosed Long-Term Deferred Tax for 9 consecutive years, with $65.1 million as the latest value for Q4 2021.

  • Quarterly Long-Term Deferred Tax fell 66.87% to $65.1 million in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $65.1 million through Dec 2021, down 66.87% year-over-year, with the annual reading at $65.1 million for FY2021, 66.87% down from the prior year.
  • Long-Term Deferred Tax for Q4 2021 was $65.1 million at Targa Resources, down from $196.5 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $196.5 million in Q4 2020, with the low at $39.9 million in Q4 2017.
  • Average Long-Term Deferred Tax over 5 years is $80.4 million, with a median of $53.8 million recorded in 2019.
  • The sharpest move saw Long-Term Deferred Tax skyrocketed 265.24% in 2020, then plummeted 66.87% in 2021.
  • Over 5 years, Long-Term Deferred Tax stood at $39.9 million in 2017, then increased by 17.04% to $46.7 million in 2018, then rose by 15.2% to $53.8 million in 2019, then surged by 265.24% to $196.5 million in 2020, then tumbled by 66.87% to $65.1 million in 2021.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods came in at $65.1 million, $196.5 million, and $53.8 million for Q4 2021, Q4 2020, and Q4 2019 respectively.