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

Historic Tax Rate for Targa Resources (TRGP) over the last 13 years, with Q3 2025 value amounting to 21.63%.

  • Targa Resources' Tax Rate rose 38300.0% to 21.63% in Q3 2025 from the same period last year, while for Sep 2025 it was 21.61%, marking a year-over-year increase of 15100.0%. This contributed to the annual value of 19.84% for FY2024, which is 11400.0% up from last year.
  • According to the latest figures from Q3 2025, Targa Resources' Tax Rate is 21.63%, which was up 38300.0% from 22.42% recorded in Q2 2025.
  • Targa Resources' Tax Rate's 5-year high stood at 22.42% during Q2 2025, with a 5-year trough of 0.69% in Q3 2021.
  • In the last 5 years, Targa Resources' Tax Rate had a median value of 16.57% in 2023 and averaged 13.85%.
  • Its Tax Rate has fluctuated over the past 5 years, first crashed by -174900bps in 2021, then soared by 198600bps in 2023.
  • Quarter analysis of 5 years shows Targa Resources' Tax Rate stood at 3.37% in 2021, then fell by -28bps to 2.42% in 2022, then skyrocketed by 822bps to 22.28% in 2023, then decreased by -5bps to 21.05% in 2024, then increased by 3bps to 21.63% in 2025.
  • Its Tax Rate was 21.63% in Q3 2025, compared to 22.42% in Q2 2025 and 20.51% in Q1 2025.