Tc Energy (TRP) Change in Working Capital (2009 - 2026)
Tc Energy (TRP) posted Change in Working Capital of $221.94 million for the quarter ended Jun 30, 2026, up 47.1% from $150.84 million a year earlier.
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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 the year ended Dec 31, 2025, it came in at -$360.01 million.
- In prior years, Tc Energy's Change in Working Capital was $145.35 million in the year ended Dec 31, 2024 (-5.3%), $153.42 million in the year ended Dec 31, 2023, -$491.5 million in the year ended Dec 31, 2022 and -$180.34 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Change in Working Capital since the quarter ended Dec 31, 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 the quarter ended Dec 31, 2024, with growth of 124.8%; the weakest was the quarter ended Sep 30, 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 | 101.53 Bn | 99.08 Bn | 4.84 Bn | -892.09 Mn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | -666.00 Mn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | -12.00 Mn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 221.94 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | - |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | - |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 221.94 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 |
| Sep 30, 2021 | 180.33 Mn |
| Jun 30, 2021 | -21.97 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();