Tc Energy (TRP) Deferred Taxes (2009 - 2026)
Tc Energy (TRP) posted Deferred Taxes of $160.5 million for Q2 2026, up 109.17% on a QoQ basis from $76.7 million in Q4 2025, and down 29.18% year-over-year from $226.6 million in Q2 2025.
Analysis
Tc Energy (TRP) Deferred Taxes (2009 - 2026) Analysis & Trends
Tc Energy has reported Deferred Taxes for 18 years, with the latest figure at $160.5 million in Q2 2026.
- On a quarterly basis, Deferred Taxes fell 29.18% year-over-year to $160.5 million in Q2 2026; TTM through Jun 2026 was $561.9 million, a 0.13% change from a year earlier, with the FY2025 full-year figure at $548.2 million, up 52.25% from the prior year.
- Deferred Taxes was $160.5 million for Q2 2026 at Tc Energy, up from $76.7 million in the prior quarter.
- The five-year high for Deferred Taxes was $226.6 million in Q2 2025, with the low at -$292.3 million in Q4 2023.
- Average Deferred Taxes over 5 years is $71.4 million, with a median of $76.7 million recorded in 2025.
- The largest YoY upside for Deferred Taxes was 347.0% in 2023 against a maximum downside of 761.38% in 2023.
- Over 5 years, Deferred Taxes stood at $44.2 million in 2022, then tumbled by 761.38% to -$292.3 million in 2023, then jumped by 123.51% to $68.7 million in 2024, then gained by 11.65% to $76.7 million in 2025, then surged by 109.17% to $160.5 million in 2026.
- The last three Deferred Taxes figures came in at $160.5 million (Q2 2026), $76.7 million (Q4 2025), and $98.1 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 295.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 5.00 Mn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 74.00 Mn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 160.49 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 226.40 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 289.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 133.02 Mn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 140.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 160.49 Mn |
| Dec 31, 2025 | 76.73 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 | 65.07 Mn |
| Mar 31, 2024 | 106.12 Mn |
| Dec 31, 2023 | -292.35 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 |