Tc Energy (TRP) Amortization (2009 - 2025)

Tc Energy (TRP) recorded quarterly Amortization of $3.0 billion in Q4 2025, up 11.05% quarter-over-quarter from $2.7 billion in Q3 2025, and up 16.72% on a YoY basis from $2.6 billion in Q4 2024.

Tc Energy (TRP) Amortization (2009 - 2025) Analysis & Trends

Tc Energy's Amortization history runs 17 years deep, the most recent figure standing at $3.0 billion for Q4 2025.

  • In Q4 2025, Amortization rose 16.72% year-over-year to $3.0 billion; the TTM figure through Dec 2025 stood at $10.9 billion (up 8.44% YoY), while the FY2025 annual figure was $85.2 billion, down 1.4% from the prior year.
  • Amortization was $3.0 billion for Q4 2025 at Tc Energy, up from $2.7 billion in the prior quarter.
  • In the past five years, Amortization ranged from a high of $3.6 billion in Q1 2021 to a low of -$458.5 million in Q4 2021.
  • Historically, Amortization has averaged $2.6 billion across 5 years, with a median of $2.7 billion in 2025.
  • The sharpest annual moves came in 2021 and 2022: Amortization tumbled 118.13% in 2021, then jumped 749.23% in 2022.
  • A 5-year view of Amortization shows it stood at -$458.5 million in 2021, then jumped by 749.23% to $3.0 billion in 2022, then slipped by 13.54% to $2.6 billion in 2023, then slipped by 0.51% to $2.6 billion in 2024, then increased by 16.72% to $3.0 billion in 2025.
  • The last three Amortization figures came in at $3.0 billion (Q4 2025), $2.7 billion (Q3 2025), and $2.7 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortization (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 210.96 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn -
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.99 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 2.99 Bn
Dec 31, 2025 2.99 Bn
Sep 30, 2025 2.69 Bn
Sep 30, 2025 2.69 Bn
Jun 30, 2025 2.70 Bn
Jun 30, 2025 2.70 Bn
Mar 31, 2025 2.52 Bn
Mar 31, 2025 2.52 Bn
Dec 31, 2024 2.56 Bn
Dec 31, 2024 2.56 Bn
Sep 30, 2024 2.46 Bn
Sep 30, 2024 2.46 Bn
Jun 30, 2024 2.43 Bn
Jun 30, 2024 2.43 Bn
Mar 31, 2024 2.60 Bn
Mar 31, 2024 2.60 Bn
Dec 31, 2023 2.57 Bn
Dec 31, 2023 2.57 Bn
Sep 30, 2023 2.94 Bn
Sep 30, 2023 2.94 Bn