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

Targa Resources (TRGP) posted quarterly 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 reported Non-Current Deferred Tax Liability for 17 consecutive years, with $1.5 billion the latest figure, recorded in 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 advanced to $1.5 billion in Q1 2026 per TRGP's latest filing, from $1.4 billion in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $1.5 billion in Q1 2026 and bottomed at $88.0 million in Q1 2022.
  • Historically, Non-Current Deferred Tax Liability has averaged $683.5 million across 5 years, with a median of $600.2 million in 2024.
  • 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.
  • Targa Resources' Non-Current Deferred Tax Liability stood at $327.7 million in 2022, then soared 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.
  • 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 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 111.13 Bn 109.64 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.53 Bn 71.50 Bn 7.40 Bn
5 Tc Energy 66.12 Bn 58.56 Bn 1.24 Bn
6 Mplx 60.19 Bn 59.16 Bn 2.73 Bn
7 Oneok 60.00 Bn 59.84 Bn 2.81 Bn
8 Targa Resources 59.13 Bn 59.00 Bn 2.14 Bn
9 Cheniere Energy 56.04 Bn 54.79 Bn 5.29 Bn
10 Venture Global 34.44 Bn 31.22 Bn 2.92 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.73 Bn
Jun 30, 2026 1.73 Bn
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