Tc Energy (TRP) Construction in Progress (2012 - 2025)
Tc Energy (TRP) posted Construction in Progress of $11.5 million for Q4 2025, up 31.58% on a QoQ basis from $8.7 million in Q3 2025, and up 132.06% year-on-year from $4.9 million in Q4 2024.
Tc Energy (TRP) Construction in Progress (2012 - 2025) Analysis & Trends
Tc Energy has disclosed Construction in Progress across 14 years of filings, most recently posting $11.5 million for Q4 2025.
- Construction in Progress for Q4 2025 came in at $11.5 million, up 132.06% year-over-year; the trailing twelve-month figure through Dec 2025 was $11.5 million (up 132.06% YoY), and the FY2025 annual result was $11.5 million, up 131.36% from the prior year.
- Construction in Progress came in at $11.5 million for Q4 2025 at Tc Energy, up from $8.7 million in the prior quarter.
- Over the last five years, Construction in Progress for TRP reached as high as $72.9 million in Q4 2022 and fell as low as -$104.3 million in Q4 2023.
- Median Construction in Progress over the past 5 years was -$17.3 million (2022), compared with a mean of -$20.7 million.
- Year-over-year, Construction in Progress sank 462.17% in 2023 and soared 132.06% in 2025.
- Over 5 years, Construction in Progress stood at $33.3 million in 2021, then soared by 118.89% to $72.9 million in 2022, then plunged by 243.01% to -$104.3 million in 2023, then surged by 65.68% to -$35.8 million in 2024, then jumped by 132.06% to $11.5 million in 2025.
- Per Business Quant, the three latest TRP Construction in Progress figures stand at $11.5 million (Q4 2025), $8.7 million (Q3 2025), and $7.2 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 2.64 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | Tc Energy | - | - | 2.95 Bn | 58.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 58.08 Mn |
| Sep 30, 2025 | 8.72 Mn |
| Jun 30, 2025 | 7.22 Mn |
| Mar 31, 2025 | 2.79 Mn |
| Dec 31, 2024 | 117.40 Mn |
| Jun 30, 2024 | 24.13 Mn |
| Dec 31, 2023 | 171.88 Mn |
| Sep 30, 2023 | 91.00 Mn |
| Jun 30, 2023 | 77.42 Mn |
| Mar 31, 2023 | 57.70 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 |