Tc Energy (TRP) Accumulated Expenses (2009 - 2026)
Tc Energy's Accumulated Expenses was $637.01 million in Q3 2026, up 6.7% from $597.15 million a year earlier but down 0.1% from the prior quarter.
Tc Energy (TRP) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Tc Energy came in at $626.52 million, up 8.6% from FY2024.
- Accumulated Expenses shows a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $577.01 million in FY2024 (-16.4%), $690.12 million in FY2023 (+40.0%), $492.92 million in FY2022 (+8.9%) and $452.75 million in FY2021 (-3.0%).
- Quarterly Accumulated Expenses has moved between $452.75 million (Q4 2021) and $690.12 million (Q4 2023) over five years.
- Compared with a year earlier, Accumulated Expenses has increased for four straight quarters, with an average decline of 1.8% over the last eight quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was Q4 2023 (growth of 40.0%); the worst was Q4 2024 (a decline of 16.4%).
- Per Business Quant data, TRP's Accumulated Expenses in the three quarters before Q3 2026 was $637.62 million (Q2 2026), $605.24 million (Q1 2026) and $626.52 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 637.01 Mn |
| Jun 30, 2026 | 637.62 Mn |
| Mar 31, 2026 | 605.24 Mn |
| Dec 31, 2025 | 626.52 Mn |
| Sep 30, 2025 | 597.15 Mn |
| Jun 30, 2025 | 600.08 Mn |
| Mar 31, 2025 | 573.06 Mn |
| Dec 31, 2024 | 577.01 Mn |
| Sep 30, 2024 | 642.54 Mn |
| Jun 30, 2024 | 624.85 Mn |
| Mar 31, 2024 | 668.59 Mn |
| Dec 31, 2023 | 690.12 Mn |
| Sep 30, 2023 | 616.71 Mn |
| Jun 30, 2023 | 544.91 Mn |
| Mar 31, 2023 | 541.34 Mn |
| Dec 31, 2022 | 492.92 Mn |
| Sep 30, 2022 | 502.39 Mn |
| Jun 30, 2022 | 482.02 Mn |
| Mar 31, 2022 | 463.86 Mn |
| Dec 31, 2021 | 452.75 Mn |
Tc Energy Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();