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% on a QoQ basis 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.

  • On a quarterly basis, Non-Current Deferred Tax Liability rose 63.95% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 63.95% 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 for Q1 2026 stood at $1.5 billion, up from $1.4 billion in the prior quarter.
  • Over the last five years, Non-Current Deferred Tax Liability for TRGP reached as high as $1.5 billion in Q1 2026 and fell as low as $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.
  • Year by year, Non-Current Deferred Tax Liability stood at $327.7 million in 2022, then surged 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 gained 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn

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