Non-Current Assets

Deferred Tax Assets and Other Non-Current Assets

Targa Resources Deferred Tax Assets and Other Non-Current Assets increased by 4.9% to $343.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 101.7%, from $170.30M to $343.50M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets and Other Non-Current Assets shows an upward trend with a 27.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase generally reflects a growing long-term asset base or deferred tax position, while a decrease suggests asset liquidation or tax benefit utilization.

Detailed definition

This is the aggregate balance of non-current deferred tax assets and other miscellaneous non-current assets not classifi...

Peer comparison

Commonly found in the non-current asset section of balance sheets for large, diversified financial firms.

Metric ID: deferred_tax_assets_other_noncurrent

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$88.70M$84.80M$81.70M$88.00M$95.50M$149.90M$98.40M$107.20M$119.70M$114.20M$140.60M$163.70M$165.70M$167.10M$179.10M$170.30M$176.10M$203.10M$327.40M$343.50M
QoQ Change-4.4%-3.7%+7.7%+8.5%+57.0%-34.4%+8.9%+11.7%-4.6%+23.1%+16.4%+1.2%+0.8%+7.2%-4.9%+3.4%+15.3%+61.2%+4.9%
YoY Change+7.7%+76.8%+20.4%+21.8%+25.3%-23.8%+42.9%+52.7%+38.4%+46.3%+27.4%+4.0%+6.3%+21.5%+82.8%+101.7%
Range$81.70M$343.50M
CAGR+33.0%
Avg YoY Growth+34.5%
Median YoY Growth+26.4%
Current Streak4 quarters growth

Frequently Asked Questions

What is Targa Resources's deferred tax assets and other non-current assets?
Targa Resources (TRGP) reported deferred tax assets and other non-current assets of $343.50M in Q1 2026.
How has Targa Resources's deferred tax assets and other non-current assets changed year-over-year?
Targa Resources's deferred tax assets and other non-current assets increased by 101.7% year-over-year, from $170.30M to $343.50M.
What is the long-term trend for Targa Resources's deferred tax assets and other non-current assets?
Over 5 years (2020 to 2025), Targa Resources's deferred tax assets and other non-current assets has grown at a 27.8% compound annual growth rate (CAGR), from $96.10M to $327.40M.
What does deferred tax assets and other non-current assets mean?
The total value of long-term tax assets and other miscellaneous long-term assets.