Tc Energy (TRP) Deferred Taxes (2009 - 2026)
Tc Energy (TRP) recorded Deferred Taxes of $160.49 million in the quarter ended Jun 30, 2026, down 29.2% from $226.62 million a year earlier.
Tc Energy (TRP) Deferred Taxes (2009 - 2026) Analysis & Trends
On a TTM basis, Tc Energy's Deferred Taxes came in at $571.25 million as of Jun 30, 2026, up 1.5% year-over-year; for the year ended Dec 31, 2025, it was $551.82 million, up 53.2% from the prior year.
- Across earlier years, Deferred Taxes came in at $360.09 million in the year ended Dec 31, 2024, -$16.31 million in the year ended Dec 31, 2023, $133.83 million in the year ended Dec 31, 2022 and -$584.1 million in the year ended Dec 31, 2021.
- Quarterly Deferred Taxes has ranged from -$450.27 million in the quarter ended Dec 31, 2023 to $310.99 million in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, Deferred Taxes rose in four of the last six quarters, with growth averaging 91.9%.
- Peak year-over-year performance for Deferred Taxes in the last five years was growth of 347.0% in the quarter ended Mar 31, 2023, against a decline of 85.8% in the quarter ended Dec 31, 2022 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 133.02 Mn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 5.00 Mn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 74.00 Mn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 295.00 Mn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 160.49 Mn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 226.40 Mn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | - |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 289.00 Mn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 312.00 Mn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 296.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 160.49 Mn |
| Dec 31, 2025 | 86.05 Mn |
| Sep 30, 2025 | 98.10 Mn |
| Jun 30, 2025 | 226.62 Mn |
| Mar 31, 2025 | 146.35 Mn |
| Dec 31, 2024 | 68.72 Mn |
| Sep 30, 2024 | 120.95 Mn |
| Jun 30, 2024 | 68.73 Mn |
| Mar 31, 2024 | 138.03 Mn |
| Dec 31, 2023 | -450.27 Mn |
| Sep 30, 2023 | 27.60 Mn |
| Jun 30, 2023 | 106.46 Mn |
| Mar 31, 2023 | 169.39 Mn |
| Dec 31, 2022 | 44.20 Mn |
| Sep 30, 2022 | 9.20 Mn |
| Jun 30, 2022 | 42.35 Mn |
| Mar 31, 2022 | 37.89 Mn |
| Dec 31, 2021 | 310.99 Mn |
| Sep 30, 2021 | -13.50 Mn |
| Jun 30, 2021 | 72.40 Mn |
Tc Energy Deferred Taxes 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=deferred-taxes&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();