Tc Energy (TRP) Deferred Taxes (2009 - 2026)
Tc Energy (TRP) recorded Deferred Taxes of $160.49 million in Q2 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 $561.93 million as of Jun 30, 2026, down 0.1% year-over-year; for FY2025, it was $551.82 million, up 53.2% from FY2024.
- Across earlier years, Deferred Taxes came in at $360.09 million in FY2024, -$16.31 million in FY2023, $133.83 million in FY2022 and -$147.62 million in FY2021.
- Quarterly Deferred Taxes has ranged from -$292.35 million in Q4 2023 to $310.99 million in Q4 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 98.0%.
- Peak year-over-year performance for Deferred Taxes in the last five years was growth of 347.0% in Q1 2023, against a decline of 85.8% in Q4 2022 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 133.02 Mn |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 11.00 Mn |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | 194.00 Mn |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 21.00 Mn |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | 125.01 Mn |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 69.00 Mn |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | 174.40 Mn |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | - |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn | -33.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 125.01 Mn |
| Jun 30, 2026 | 160.49 Mn |
| Mar 31, 2026 | 136.36 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 |
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();