Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Targa Resources' (TRGP) quarterly Non-Current Deferred Tax Liability came in at $1.7 billion in Q2 2026, up 60.47% year-over-year from $1.1 billion in Q2 2025, and up 17.1% quarter-over-quarter from $1.5 billion in Q1 2026.

Analysis

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

Targa Resources (TRGP) has reported Non-Current Deferred Tax Liability for 17 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Non-Current Deferred Tax Liability rose 60.47% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $1.7 billion, a 60.47% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 59.79% from the prior year.
  • Non-Current Deferred Tax Liability was $1.7 billion for Q2 2026 at Targa Resources, up from $1.5 billion in the prior quarter.
  • Over five years, Non-Current Deferred Tax Liability peaked at $1.7 billion in Q2 2026 and troughed at $88.0 million in Q1 2022.
  • A 5-year average of $741.7 million and a median of $642.4 million in 2024 frame the typical range for Non-Current Deferred Tax Liability.
  • The widest YoY moves for Non-Current Deferred Tax Liability: up 282.97% in 2022, down 45.44% in 2022.
  • Over 5 years, Non-Current Deferred Tax Liability stood at $327.7 million in 2022, then jumped by 63.5% to $535.8 million in 2023, then surged by 62.77% to $872.1 million in 2024, then soared by 59.79% to $1.4 billion in 2025, then advanced by 24.3% to $1.7 billion in 2026.
  • The last three Non-Current Deferred Tax Liability figures came in at $1.7 billion (Q2 2026), $1.5 billion (Q1 2026), and $1.4 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.73 Bn
Mar 31, 2026 1.48 Bn
Dec 31, 2025 1.39 Bn
Sep 30, 2025 1.23 Bn
Jun 30, 2025 1.08 Bn
Mar 31, 2025 902.20 Mn
Dec 31, 2024 872.10 Mn
Sep 30, 2024 793.70 Mn
Jun 30, 2024 684.50 Mn
Mar 31, 2024 600.20 Mn
Dec 31, 2023 535.80 Mn
Sep 30, 2023 418.30 Mn
Jun 30, 2023 405.10 Mn
Mar 31, 2023 298.30 Mn
Dec 31, 2022 327.70 Mn
Sep 30, 2022 301.40 Mn
Jun 30, 2022 213.40 Mn
Mar 31, 2022 88.00 Mn
Dec 31, 2021 136.00 Mn
Sep 30, 2021 78.70 Mn