Other
Deferred taxes
Targa Resources Deferred taxes decreased by 5.5% to $123.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 117.8%, from $56.90M to $123.90M. Over 3 years (FY 2022 to FY 2025), Deferred taxes shows an upward trend with a 60.4% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
Changes indicate shifts in the timing of tax liabilities, often driven by capital expenditures or changes in tax regulations.
Detailed definition
This metric reflects the tax effects of temporary differences between the carrying amounts of assets and liabilities for...
Peer comparison
Standard line item in the cash flow statement or tax reconciliation for all corporations.
Metric ID:
other_deferred_income_tax_expense_benefitHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.80M | $1.20M | $21.10M | $84.70M | $10.60M | $8.70M | $106.00M | $93.00M | $53.10M | $97.50M | $79.80M | $91.00M | $93.30M | $102.90M | $56.90M | $169.80M | $158.80M | $131.10M | $123.90M |
| QoQ Change | — | -79.3% | >999% | +301.4% | -87.5% | -17.9% | >999% | -12.3% | -42.9% | +83.6% | -18.2% | +14.0% | +2.5% | +10.3% | -44.7% | +198.4% | -6.5% | -17.4% | -5.5% |
| YoY Change | — | — | — | >999% | +783.3% | — | +402.4% | +9.8% | +400.9% | >999% | -24.7% | -2.2% | +75.7% | +5.5% | -28.7% | +86.6% | +70.2% | +27.4% | +117.8% |
Range$1.20M – $169.80M
CAGR+97.5%
Avg YoY Growth+287.0%
Median YoY Growth+75.7%
Current Streak3 quarters decline
Deferred taxes at Other Companies
Frequently Asked Questions
- What is Targa Resources's deferred taxes?
- Targa Resources (TRGP) reported deferred taxes of $123.90M in Q1 2026.
- How has Targa Resources's deferred taxes changed year-over-year?
- Targa Resources's deferred taxes increased by 117.8% year-over-year, from $56.90M to $123.90M.
- What is the long-term trend for Targa Resources's deferred taxes?
- Over 3 years (2022 to 2025), Targa Resources's deferred taxes has grown at a 60.4% compound annual growth rate (CAGR), from $125.10M to $516.60M.
- What does deferred taxes mean?
- The tax expense or benefit that will be paid or realized in future periods due to current accounting differences.