Targa Resources Corp. Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Targa Resources Corp. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Targa Resources Corp. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $97M, a 80% increase year-over-year.
  • Targa Resources Corp. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $377M, a 39.3% increase year-over-year.
  • Targa Resources Corp. annual Income Tax Expense (Benefit) for 2023 was $363M, a 176% increase from 2022.
  • Targa Resources Corp. annual Income Tax Expense (Benefit) for 2022 was $132M, a 791% increase from 2021.
  • Targa Resources Corp. annual Income Tax Expense (Benefit) for 2021 was $14.8M.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $363M +$231M +176% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-15
2022 $132M +$117M +791% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-15
2021 $14.8M +$263M Jan 1, 2021 Dec 31, 2021 10-K 2024-02-15
2020 -$248M -$160M -182% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-22
2019 -$87.9M -$93.4M -1698% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-24
2018 $5.5M +$403M Jan 1, 2018 Dec 31, 2018 10-K 2021-02-18
2017 -$397M -$297M -295% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-20
2016 -$101M -$140M -354% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $39.6M -$28.4M -41.8% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-16
2014 $68M +$19.8M +41.1% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-21
2013 $48.2M +$11.3M +30.6% Jan 1, 2013 Dec 31, 2013 8-K/A 2016-05-24
2012 $36.9M +$10.3M +38.7% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-17
2011 $26.6M +$4.1M +18.2% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-14
2010 $22.5M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-19
* An asterisk sign (*) next to the value indicates that the value is likely invalid.