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| Date | Value |
|---|---|
| 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 |