Targa Resources (TRGP) Non-Current Deferred Tax Liability (2010 - 2026)
Targa Resources (TRGP) reported Non-Current Deferred Tax Liability of $1.5 billion for Q1 2026, up 63.95% year-over-year from $902.2 million in Q1 2025, and up 6.15% quarter-over-quarter from $1.4 billion in Q4 2025.
Targa Resources (TRGP) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Non-Current Deferred Tax Liability data on file, last reported at $1.5 billion in Q1 2026.
- Non-Current Deferred Tax Liability for Q1 2026 came in at $1.5 billion, up 63.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 63.95% YoY), and the FY2025 annual result was $1.4 billion, up 59.79% from the prior year.
- Non-Current Deferred Tax Liability improved to $1.5 billion in Q1 2026 per TRGP's latest filing, 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.
- A 5-year average of $683.5 million and a median of $600.2 million in 2024 frame the typical range for Non-Current Deferred Tax Liability.
- On a YoY basis, Non-Current Deferred Tax Liability climbed as much as 282.97% in 2022 and fell as far as 45.44% in 2022.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $327.7 million in 2022, then jumped by 63.5% to $535.8 million in 2023, then soared by 62.77% to $872.1 million in 2024, then jumped by 59.79% to $1.4 billion in 2025, then grew by 6.15% to $1.5 billion in 2026.
- Business Quant data shows TRGP's Non-Current Deferred Tax Liability at $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 | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |