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| Date | Value |
|---|---|
| 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 |