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Targa Resources (TRGP) Tax Provisions (2016 - 2025)

Targa Resources (TRGP) has disclosed Tax Provisions for 13 consecutive years, with -$377.5 million as the latest value for Q4 2025.

  • On a quarterly basis, Tax Provisions fell 47.12% to -$377.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was $13.1 million, a 25.14% decrease, with the full-year FY2025 number at $13.1 million, down 25.14% from a year prior.
  • Tax Provisions was -$377.5 million for Q4 2025 at Targa Resources, down from $134.3 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $184.1 million in Q2 2025 to a low of -$377.5 million in Q4 2025.
  • A 5-year average of $20.2 million and a median of $63.1 million in 2023 define the central range for Tax Provisions.
  • Biggest YoY gain for Tax Provisions was 1219.7% in 2022; the steepest drop was 454.33% in 2022.
  • Targa Resources' Tax Provisions stood at -$20.8 million in 2021, then tumbled by 454.33% to -$115.3 million in 2022, then skyrocketed by 188.9% to $102.5 million in 2023, then plummeted by 350.34% to -$256.6 million in 2024, then crashed by 47.12% to -$377.5 million in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Tax Provisions are -$377.5 million (Q4 2025), $134.3 million (Q3 2025), and $184.1 million (Q2 2025).