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Consolidated Net IncomeDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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Targa Resources (TRGP) Tax Rate (2016 - 2025)

Targa Resources (TRGP) has disclosed Tax Rate for 13 consecutive years, with 54.54% as the latest value for Q4 2025.

  • Quarterly Tax Rate fell 7559.0% to 54.54% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.53% through Dec 2025, down 1931.0% year-over-year, with the annual reading at 0.53% for FY2025, 1931.0% down from the prior year.
  • Tax Rate for Q4 2025 was 54.54% at Targa Resources, down from 21.63% in the prior quarter.
  • The five-year high for Tax Rate was 22.42% in Q2 2025, with the low at 54.54% in Q4 2025.
  • Average Tax Rate over 5 years is 6.87%, with a median of 14.07% recorded in 2022.
  • The sharpest move saw Tax Rate crashed -13893bps in 2021, then skyrocketed 7476bps in 2024.
  • Over 5 years, Tax Rate stood at 8.07% in 2021, then plummeted by -70bps to 2.42% in 2022, then tumbled by -2323bps to 53.71% in 2023, then soared by 139bps to 21.05% in 2024, then plummeted by -359bps to 54.54% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods came in at 54.54%, 21.63%, and 22.42% for Q4 2025, Q3 2025, and Q2 2025 respectively.