Tc Energy (TRP) Construction in Progress (2012 - 2025)
Tc Energy (TRP) posted quarterly Construction in Progress of $58.1 million for Q4 2025, down 50.52% year-over-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.
- In Q4 2025, Construction in Progress fell 50.52% year-over-year to $58.1 million; the TTM figure through Dec 2025 stood at $58.1 million (down 50.52% YoY), while the FY2025 annual figure was $58.0 million, down 51.6% from the prior year.
- Construction in Progress for Q4 2025 stood at $58.1 million, down from $117.4 million in the prior quarter.
- The five-year high for Construction in Progress was $171.9 million in Q4 2023, with the low at $14.8 million in Q1 2024.
- The 5-year median for Construction in Progress is $45.7 million (2025), against an average of $65.3 million.
- The sharpest annual moves came in 2021 and 2023: Construction in Progress sank 81.2% in 2021, then jumped 135.67% in 2023.
- Tc Energy's Construction in Progress stood at $33.3 million in 2021, then surged by 118.89% to $72.9 million in 2022, then surged by 135.67% to $171.9 million in 2023, then tumbled by 31.7% to $117.4 million in 2024, then plunged by 50.52% to $58.1 million in 2025.
- Business Quant data shows TRP's Construction in Progress at $58.1 million in Q4 2025, $117.4 million in Q4 2024, and $30.1 million in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 110.91 Bn | 109.42 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.41 Bn | 82.50 Bn | - | 2.15 Bn |
| 4 | Energy Transfer | 72.45 Bn | 71.42 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.44 Bn | 59.41 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.80 Bn | 59.64 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.00 Bn | 58.86 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 55.77 Bn | 54.52 Bn | 5.29 Bn | - |
| 10 | Venture Global | 34.04 Bn | 30.82 Bn | 2.92 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 |
| Mar 31, 2024 | 14.84 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 |