Targa Resources (TRGP) Non-Current Deferred Tax Liability (2010 - 2026)

Targa Resources' (TRGP) quarterly Non-Current Deferred Tax Liability came in at $1.5 billion in Q1 2026, up 63.95% year-on-year from $902.2 million in Q1 2025, and up 6.15% sequentially from $1.4 billion in Q4 2025.

Targa Resources (TRGP) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends

Targa Resources' Non-Current Deferred Tax Liability history runs 17 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • In Q1 2026, Non-Current Deferred Tax Liability rose 63.95% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $1.5 billion (up 63.95% YoY), while the FY2025 annual figure was $1.4 billion, up 59.79% from the prior year.
  • Non-Current Deferred Tax Liability came in at $1.5 billion for Q1 2026 at Targa Resources, up from $1.4 billion in the prior quarter.
  • Over five years, Non-Current Deferred Tax Liability peaked at $1.5 billion in Q1 2026 and troughed at $88.0 million in Q1 2022.
  • The 5-year median for Non-Current Deferred Tax Liability is $600.2 million (2024), against an average of $683.5 million.
  • Peak annual rise in Non-Current Deferred Tax Liability reached 282.97% in 2022, while the deepest fall reached 45.44% in 2022.
  • A 5-year view of Non-Current Deferred Tax Liability shows it stood at $327.7 million in 2022, then surged by 63.5% to $535.8 million in 2023, then jumped by 62.77% to $872.1 million in 2024, then surged by 59.79% to $1.4 billion in 2025, then increased by 6.15% to $1.5 billion in 2026.
  • Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $1.5 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.48 Bn
Mar 31, 2026 1.48 Bn
Dec 31, 2025 1.39 Bn
Dec 31, 2025 1.39 Bn
Sep 30, 2025 1.23 Bn
Sep 30, 2025 1.23 Bn
Jun 30, 2025 1.08 Bn
Jun 30, 2025 1.08 Bn
Mar 31, 2025 902.20 Mn
Mar 31, 2025 902.20 Mn
Dec 31, 2024 872.10 Mn
Dec 31, 2024 872.10 Mn
Sep 30, 2024 793.70 Mn
Sep 30, 2024 793.70 Mn
Jun 30, 2024 684.50 Mn
Jun 30, 2024 684.50 Mn
Mar 31, 2024 600.20 Mn
Mar 31, 2024 600.20 Mn
Dec 31, 2023 535.80 Mn
Dec 31, 2023 535.80 Mn