Targa Resources TRGP
NYSE TRGP
$270.35 -3.16 (-1.16%)
At close: Sep 30, 2026 · 4:00 PM EDT

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

Updated

Targa Resources' Long-Term Deferred Tax was $130.2 million in Q4 2021, up 118.1% from $59.7 million a year earlier.

Analysis

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

From Q4 2010 onward, Targa Resources has reported Long-Term Deferred Tax for 12 quarters.

  • Long-Term Deferred Tax has now increased for four consecutive years, with a five-year compound annual growth rate of 19.0% (FY2016 to FY2021).
  • In earlier years, Long-Term Deferred Tax was $59.7 million in FY2020 (+11.0%), $53.8 million in FY2019 (+15.2%), $46.7 million in FY2018 (+17.0%) and $39.9 million in FY2017 (-26.8%).
  • The Q4 2021 figure marks the highest quarterly Long-Term Deferred Tax in data going back to Q4 2010.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 101.53 Bn 99.08 Bn 4.84 Bn
2 Enterprise Products Partners 76.92 Bn 75.35 Bn -
3 Energy Transfer 67.97 Bn 61.41 Bn 7.40 Bn
4 Kinder Morgan 67.10 Bn 68.05 Bn 3.07 Bn
5 Tc Energy 60.19 Bn 63.26 Bn 2.81 Bn
6 Targa Resources 57.97 Bn 57.59 Bn 2.14 Bn
7 Mplx 57.16 Bn 50.72 Bn 2.91 Bn
8 Cheniere Energy 55.61 Bn 55.74 Bn 5.29 Bn
9 Oneok 53.75 Bn 52.24 Bn 2.81 Bn
10 Venture Global 31.49 Bn 26.04 Bn 2.92 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2021 130.20 Mn
Dec 31, 2020 59.70 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
API Access

Targa Resources Long-Term Deferred Tax API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TRGP&period=max&api_key=YOUR_API_KEY