Targa Resources Corp. Income Tax Expense 2009-2026 | TRGP
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is Targa Resources Corp.'s current income tax expense?
Targa Resources Corp. (TRGP) annual income tax expense for 2025 was $529.7M, a 37.76% increase from 2024. Targa Resources Corp. income tax expense for the quarter ending March 31, 2026 was $123.9M.
What was Targa Resources Corp.'s income tax expense in 2024?
Targa Resources Corp. annual income tax expense for 2024 was $384.5M, a 5.86% increase from 2023.
What was Targa Resources Corp.'s income tax expense in 2023?
Targa Resources Corp. annual income tax expense for 2023 was $363.2M, a 175.57% increase from 2022.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGRN/A
FY2020
$-248.1M
→
FY2025
$529.7M
0910111213141516171819202122232425
5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $529.7M | +37.8% | 10-K |
| FY2024 | $384.5M | +5.9% | 10-K |
| FY2023 | $363.2M | +175.6% | 10-K |
| FY2022 | $131.8M | +790.5% | 10-K |
| FY2021 | $14.8M | +106.0% | 10-K |
| FY2020 | $-248.1M | -182.3% | 10-K |
| FY2019 | $-87.9M | -1698.2% | 10-K |
| FY2018 | $5.5M | +101.4% | 10-K |
| FY2017 | $-397.1M | -294.7% | 10-K |
| FY2016 | $-100.6M | -354.0% | 10-K |
| FY2015 | $39.6M | -41.8% | 10-K |
| FY2014 | $68.0M | +41.1% | 10-K |
| FY2013 | $48.2M | +30.6% | 10-K |
| FY2012 | $36.9M | +38.7% | 10-K |
| FY2011 | $26.6M | +18.2% | 10-K |
| FY2010 | $22.5M | +8.7% | 10-K |
| FY2009 | $20.7M | - | 10-K |
Company: Targa Resources Corp.Ticker: TRGPSector: EnergyIndustry: Natural Gas TransmissionView company profile →