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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |