Tc Energy (TRP) Change in Working Capital (2009 - 2026)
Tc Energy (TRP) posted Change in Working Capital of $221.94 million for Q2 2026, up 47.1% from $150.84 million a year earlier.
Powered by 
Analysis
Tc Energy (TRP) Change in Working Capital (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Working Capital at Tc Energy was $286.53 million, up 12.4% year-over-year; for FY2025, it came in at -$360.01 million.
- In prior years, Tc Energy's Change in Working Capital was $145.35 million in FY2024 (-5.3%), $153.42 million in FY2023, -$491.5 million in FY2022 and -$229.01 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Change in Working Capital since Q4 2024.
- On a year-over-year basis, Change in Working Capital increased in three of the last four quarters, with growth averaging 57.7%.
- The strongest year-over-year quarter for Change in Working Capital in the past five years was Q4 2024, with growth of 124.8%; the weakest was Q3 2022, with a decline of 71.5%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 892.09 Mn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | -238.00 Mn |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | - |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 556.00 Mn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | -324.31 Mn |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | - |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | - |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | - |
| 10 | Oneok | 53.74 Bn | 53.15 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -324.31 Mn |
| Jun 30, 2026 | 221.94 Mn |
| Mar 31, 2026 | 188.86 Mn |
| Dec 31, 2025 | -180.71 Mn |
| Sep 30, 2025 | 94.46 Mn |
| Jun 30, 2025 | 150.84 Mn |
| Mar 31, 2025 | -411.18 Mn |
| Dec 31, 2024 | 366.51 Mn |
| Sep 30, 2024 | 148.81 Mn |
| Jun 30, 2024 | -125.76 Mn |
| Mar 31, 2024 | -255.29 Mn |
| Dec 31, 2023 | 163.07 Mn |
| Sep 30, 2023 | 76.08 Mn |
| Jun 30, 2023 | -131.77 Mn |
| Mar 31, 2023 | 44.38 Mn |
| Dec 31, 2022 | -94.30 Mn |
| Sep 30, 2022 | 51.37 Mn |
| Jun 30, 2022 | -484.72 Mn |
| Mar 31, 2022 | 31.58 Mn |
| Dec 31, 2021 | -202.30 Mn |
API Access
Tc Energy Change in Working Capital 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=change-in-working-capital&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "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=change-in-working-capital&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();