Tc Energy (TRP) Construction in Progress (2012 - 2025)

Tc Energy's (TRP) quarterly Construction in Progress came in at $58.1 million in Q4 2025, down 50.52% year-on-year from $117.4 million in Q4 2024, and down 50.52% quarter-over-quarter from $117.4 million in Q4 2024.

Tc Energy (TRP) Construction in Progress (2012 - 2025) Analysis & Trends

Tc Energy's Construction in Progress history runs 14 years deep, the most recent figure standing at $58.1 million for Q4 2025.

  • On a quarterly basis, Construction in Progress fell 50.52% year-over-year to $58.1 million in Q4 2025; TTM through Dec 2025 was $58.1 million, a 50.52% decrease from a year earlier, with the FY2025 full-year figure at $58.0 million, down 51.6% from the prior year.
  • Construction in Progress slipped to $58.1 million in Q4 2025 per TRP's latest filing, from $117.4 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $171.9 million in Q4 2023 and bottomed at $24.1 million in Q2 2024.
  • The 5-year median for Construction in Progress is $58.1 million (2025), against an average of $72.5 million.
  • Across the five-year window, Construction in Progress slumped 81.2% in 2021 and jumped 135.67% in 2023, its largest moves.
  • Year by year, Construction in Progress stood at $33.3 million in 2021, then soared by 118.89% to $72.9 million in 2022, then soared by 135.67% to $171.9 million in 2023, then slumped by 31.7% to $117.4 million in 2024, then tumbled by 50.52% to $58.1 million in 2025.
  • Per Business Quant, the three latest TRP Construction in Progress figures stand at $58.1 million (Q4 2025), $117.4 million (Q4 2024), and $30.1 million (Q3 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 55.68 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn -
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.64 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 58.08 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 58.08 Mn
Dec 31, 2024 117.40 Mn
Sep 30, 2024 30.06 Mn
Jun 30, 2024 24.13 Mn
Dec 31, 2023 171.88 Mn
Dec 31, 2022 72.93 Mn
Dec 31, 2021 33.32 Mn
Dec 31, 2020 177.19 Mn
Dec 31, 2019 1.30 Bn
Dec 31, 2018 796.26 Mn
Dec 31, 2017 469.14 Mn
Dec 31, 2016 1.57 Bn
Dec 31, 2015 1.36 Bn
Sep 30, 2015 356.04 Mn
Jun 30, 2015 272.27 Mn
Mar 31, 2015 -162.55 Mn
Dec 31, 2014 1.13 Bn
Sep 30, 2014 -463.49 Mn
Jun 30, 2014 -272.21 Mn
Mar 31, 2014 -94.42 Mn