Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) Tax Provisions (2010 - 2026)

Targa Resources' (TRGP) quarterly Tax Provisions came in at $227.2 million in Q2 2026, up 23.41% year-over-year from $184.1 million in Q2 2025, and up 83.37% quarter-over-quarter from $123.9 million in Q1 2026.

Analysis

Targa Resources (TRGP) Tax Provisions (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported Tax Provisions for 17 consecutive years, with $227.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Provisions rose 23.41% year-over-year to $227.2 million in Q2 2026; TTM through Jun 2026 was $624.5 million, a 28.45% increase from a year earlier, with the FY2025 full-year figure at $529.7 million, up 30.15% from the prior year.
  • Tax Provisions was $227.2 million for Q2 2026 at Targa Resources, up from $123.9 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $227.2 million in Q2 2026 and troughed at $12.0 million in Q3 2022.
  • A 5-year average of $109.7 million and a median of $103.6 million in 2023 frame the typical range for Tax Provisions.
  • Across the five-year window, Tax Provisions jumped 6368.0% in 2022 and slipped 25.02% in 2024, its largest moves.
  • Over 5 years, Tax Provisions stood at $156.7 million in 2022, then dropped by 6.06% to $147.2 million in 2023, then retreated by 9.71% to $132.9 million in 2024, then gained by 4.67% to $139.1 million in 2025, then surged by 63.34% to $227.2 million in 2026.
  • The last three Tax Provisions figures came in at $227.2 million (Q2 2026), $123.9 million (Q1 2026), and $139.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 272.00 Mn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 12.00 Mn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 194.00 Mn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 61.45 Mn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 227.20 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 2.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 299.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 319.53 Mn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 140.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 227.20 Mn
Mar 31, 2026 123.90 Mn
Dec 31, 2025 139.10 Mn
Sep 30, 2025 134.30 Mn
Jun 30, 2025 184.10 Mn
Mar 31, 2025 72.20 Mn
Dec 31, 2024 132.90 Mn
Sep 30, 2024 97.00 Mn
Jun 30, 2024 94.30 Mn
Mar 31, 2024 82.70 Mn
Dec 31, 2023 147.20 Mn
Sep 30, 2023 53.90 Mn
Jun 30, 2023 96.40 Mn
Mar 31, 2023 110.30 Mn
Dec 31, 2022 156.70 Mn
Sep 30, 2022 12.00 Mn
Jun 30, 2022 87.10 Mn
Mar 31, 2022 22.90 Mn
Dec 31, 2021 -2.50 Mn
Sep 30, 2021 2.00 Mn