Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021)
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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();