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
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
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