Tc Energy (TRP) Debt Ratio (2009 - 2025)
Tc Energy's Debt Ratio came in at 0.40 for Q4 2025, down 19.5% from 0.50 a year earlier.
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Analysis
Tc Energy (TRP) Debt Ratio (2009 - 2025) Analysis & Trends
Going back to Q4 2009, Tc Energy's Debt Ratio data covers 23 quarters.
- Debt Ratio has declined in each of the last three years.
- Going back by year, Debt Ratio was 0.50 in FY2024 (-0.7%), 0.51 in FY2023 (-0.9%), 0.51 in FY2022 (+0.7%) and 0.51 in FY2021 (+23.7%).
- The Q4 2025 figure represents the lowest quarterly Debt Ratio since Q1 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 0.48 |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | 0.09 |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 0.40 |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 0.44 |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 0.46 |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | 0.40 |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 0.67 |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 0.49 |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 0.61 |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.50 |
| Dec 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.51 |
| Dec 31, 2021 | 0.51 |
| Dec 31, 2020 | 0.41 |
| Sep 30, 2020 | 0.47 |
| Jun 30, 2020 | 0.47 |
| Mar 31, 2020 | 0.48 |
| Dec 31, 2019 | 0.43 |
| Sep 30, 2019 | 0.47 |
| Jun 30, 2019 | 0.48 |
| Dec 31, 2018 | 0.51 |
| Dec 31, 2017 | 0.51 |
| Dec 31, 2016 | 0.51 |
| Mar 31, 2016 | 0.38 |
| Dec 31, 2015 | 0.54 |
| Dec 31, 2014 | 0.48 |
| Dec 31, 2013 | 0.48 |
| Dec 31, 2012 | 0.46 |
API Access
Tc Energy Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();