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

Targa Resources (TRGP) has reported Long-Term Deferred Tax for 12 consecutive years, with $65.1 million the latest figure, recorded 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 was $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.
• 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.
• Across the five-year window, Long-Term Deferred Tax surged 265.24% in 2020 and sank 66.87% in 2021, its largest moves.
• 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 climbed by 15.2% to $53.8 million in 2019, then surged by 265.24% to $196.5 million in 2020, then slumped by 66.87% to $65.1 million in 2021.
• The last three Long-Term Deferred Tax figures came in at $65.1 million (Q4 2021), $196.5 million (Q4 2020), and $53.8 million (Q4 2019), per Business Quant data.