Tc Energy (TRP) Dividend Coverage Ratio (2009 - 2026)
Tc Energy's Dividend Coverage Ratio came in at 1.08 for Q2 2026, up 14.5% from 0.94 a year earlier.
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Analysis
Tc Energy (TRP) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tc Energy reported Dividend Coverage Ratio of 0.96, down 16.1% year-over-year; for FY2025, it came in at 0.97, down 16.6% from FY2024.
- Going back by year, Dividend Coverage Ratio was 1.16 in FY2024 (+14.5%), 1.02 in FY2023 (+405.5%), 0.20 in FY2022 (-63.3%) and 0.55 in FY2021 (-63.3%).
- The five-year range for quarterly Dividend Coverage Ratio is -2.54 (Q4 2022) to 2.02 (Q1 2023).
- Year-over-year, Dividend Coverage Ratio increased in two of the last six quarters, with an average decline of 11.9%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q1 2023 (growth of 380.6%), and the weakest in Q2 2023 (a decline of 57.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 0.66 |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 1.34 |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 1.15 |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 0.95 |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | - |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 1.07 |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.12 |
| Jun 30, 2026 | 1.08 |
| Mar 31, 2026 | 1.02 |
| Dec 31, 2025 | 1.11 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.94 |
| Mar 31, 2025 | 1.14 |
| Dec 31, 2024 | 0.97 |
| Sep 30, 2024 | 1.46 |
| Jun 30, 2024 | 0.97 |
| Mar 31, 2024 | 1.25 |
| Dec 31, 2023 | 1.52 |
| Sep 30, 2023 | -0.34 |
| Jun 30, 2023 | 0.43 |
| Mar 31, 2023 | 2.02 |
| Dec 31, 2022 | -2.54 |
| Sep 30, 2022 | 0.95 |
| Jun 30, 2022 | 1.00 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 1.31 |
API Access
Tc Energy Dividend Coverage 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=dividend-coverage-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();