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

Targa Resources (TRGP) has 17 years of Tax Provisions data on file, last reported at $123.9 million in Q1 2026.

• Tax Provisions for Q1 2026 came in at $123.9 million, up 71.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $64.8 million (down 82.67% YoY), and the FY2025 annual result was $13.1 million, down 96.59% from the prior year.
• Tax Provisions grew to $123.9 million in Q1 2026 per TRGP's latest filing, from -$377.5 million in the prior quarter.
• Over five years, Tax Provisions peaked at $184.1 million in Q2 2025 and troughed at -$377.5 million in Q4 2025.
• A 5-year average of $31.9 million and a median of $87.1 million in 2022 frame the typical range for Tax Provisions.
• On a YoY basis, Tax Provisions climbed as much as 1219.7% in 2022 and fell as far as 1225.29% in 2022.
• A 5-year view of Tax Provisions shows it stood at -$115.3 million in 2022, then tumbled by 114.31% to -$247.1 million in 2023, then surged by 144.68% to $110.4 million in 2024, then sank by 441.94% to -$377.5 million in 2025, then soared by 132.82% to $123.9 million in 2026.
• Business Quant data shows TRGP's Tax Provisions at $123.9 million in Q1 2026, -$377.5 million in Q4 2025, and $134.3 million in Q3 2025.