Income tax expense · 2011–2025
Targa Resources income tax expense
$530M+37.8% · FY2025
Targa Resources (TRGP) reported $530M in income tax expense for fiscal 2025, +37.8% year on year.
| Fiscal year | Income tax expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $530M | +37.8% | Open → |
| FY20242024-12-31 | $385M | +5.9% | Open → |
| FY20232023-12-31 | $363M | +175.6% | Open → |
| FY20222022-12-31 | $132M | +790.5% | Open → |
| FY20212021-12-31 | $14.8M | +$263M | Open → |
| FY20202020-12-31 | −$248M | −$160M | Open → |
| FY20192019-12-31 | −$87.9M | −$93.4M | Open → |
| FY20182018-12-31 | $5.5M | +$403M | Open → |
| FY20172017-12-31 | −$397M | −$297M | Open → |
| FY20162016-12-31 | −$101M | −$140M | Open → |
| FY20152015-12-31 | $39.6M | −41.8% | Open → |
| FY20142014-12-31 | $68.0M | +41.1% | Open → |
| FY20132013-12-31 | $48.2M | +30.6% | Open → |
| FY20122012-12-31 | $36.9M | +38.7% | Open → |
| FY20112011-12-31 | $26.6M | — | Open → |
Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +23.8%
Income tax expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Targa Resources income tax expense |url=https://companiesranked.com/en/company/targa-resources/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Targa Resources income tax expense. CompaniesRanked. https://companiesranked.com/en/company/targa-resources/income-tax-expenseBibTeX
@misc{companiesranked-en-company-targa-resources-income-tax-expense-2026,
author = {{CompaniesRanked}},
title = {{Targa Resources income tax expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/targa-resources/income-tax-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001193125-26-059296 · February 19, 2026
{{cite web |title=Targa Resources income tax expense — 10-K (0001193125-26-059296) |url=https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-19}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.