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| 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 |