Tc Energy (TRP) Common Equity (2009 - 2025)
Tc Energy's (TRP) quarterly Common Equity came in at $19.6 billion in Q4 2025, down 0.91% year-on-year from $19.8 billion in Q4 2024, and down 1.92% quarter-over-quarter from $20.0 billion in Q3 2025.
Tc Energy (TRP) Common Equity (2009 - 2025) Analysis & Trends
Tc Energy's Common Equity history runs 17 years deep, the most recent figure standing at $19.6 billion for Q4 2025.
- On a quarterly basis, Common Equity fell 0.91% year-over-year to $19.6 billion in Q4 2025; TTM through Dec 2025 was $19.6 billion, a 0.91% decrease from a year earlier, with the FY2025 full-year figure at $19.5 billion, down 3.06% from the prior year.
- Common Equity slipped to $19.6 billion in Q4 2025 per TRP's latest filing, from $20.0 billion in the prior quarter.
- Across five years, Common Equity topped out at $27.4 billion in Q3 2022 and bottomed at -$800.5 million in Q4 2021.
- The 5-year median for Common Equity is $22.3 billion (2024), against an average of $21.9 billion.
- Across the five-year window, Common Equity jumped 2768.5% in 2022 and retreated 13.6% in 2025, its largest moves.
- Year by year, Common Equity stood at -$800.5 million in 2021, then surged by 2768.5% to $21.4 billion in 2022, then increased by 1.62% to $21.7 billion in 2023, then decreased by 9.01% to $19.8 billion in 2024, then dropped by 0.91% to $19.6 billion in 2025.
- Per Business Quant, the three latest TRP Common Equity figures stand at $19.6 billion (Q4 2025), $20.0 billion (Q3 2025), and $19.9 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn | 1.23 Bn |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn | 698.20 Mn |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn | 47.38 Bn |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn | 31.32 Bn |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - | 30.84 Bn |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn | 19.57 Bn |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn | 49.74 Bn |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn | 200,000.00 |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn | 14.30 Bn |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 Bn | 22.36 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 19.57 Bn |
| Sep 30, 2025 | 19.96 Bn |
| Jun 30, 2025 | 19.86 Bn |
| Mar 31, 2025 | 19.30 Bn |
| Dec 31, 2024 | 19.75 Bn |
| Sep 30, 2024 | 22.33 Bn |
| Jun 30, 2024 | 22.02 Bn |
| Mar 31, 2024 | 22.34 Bn |
| Dec 31, 2023 | 21.71 Bn |
| Sep 30, 2023 | 25.09 Bn |
| Jun 30, 2023 | 25.19 Bn |
| Mar 31, 2023 | 25.57 Bn |
| Dec 31, 2022 | 21.36 Bn |
| Sep 30, 2022 | 27.43 Bn |
| Jun 30, 2022 | 25.61 Bn |
| Mar 31, 2022 | 25.91 Bn |
| Dec 31, 2021 | -800.48 Mn |
| Sep 30, 2021 | 25.73 Bn |
| Jun 30, 2021 | 26.04 Bn |
| Mar 31, 2021 | 24.89 Bn |