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
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