Tc Energy (TRP) Dividend Coverage Ratio (2009 - 2026)
Tc Energy (TRP) posted Dividend Coverage Ratio of 2.62 for Q2 2026, down 37.58% on a QoQ basis from 1.9 in Q4 2025, and up 73.91% year-over-year from 1.51 in Q2 2025.
Analysis
Tc Energy (TRP) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Tc Energy has reported Dividend Coverage Ratio for 18 years, with the latest figure at 2.62 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 73.91% year-over-year to 2.62 in Q2 2026; TTM through Jun 2026 was 3.14, a 48.71% increase from a year earlier, with the FY2025 full-year figure at 3.66, up 39.85% from the prior year.
- Dividend Coverage Ratio was 2.62 for Q2 2026 at Tc Energy, down from 1.9 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 131.55 in Q4 2022, with the low at 84.1 in Q3 2022.
- Average Dividend Coverage Ratio over 5 years is 11.29, with a median of 10.04 recorded in 2025.
- The largest YoY upside for Dividend Coverage Ratio was 182.36% in 2022 against a maximum downside of 272.73% in 2022.
- Over 5 years, Dividend Coverage Ratio stood at 131.55 in 2022, then slumped by 113.24% to 17.42 in 2023, then jumped by 35.17% to 11.29 in 2024, then soared by 83.15% to 1.9 in 2025, then slumped by 37.58% to 2.62 in 2026.
- The last three Dividend Coverage Ratio figures came in at 2.62 (Q2 2026), 1.9 (Q4 2025), and 5.49 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.34 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.56 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 1.63 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -2.62 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.84 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.00 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.43 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.66 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -1.19 |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.62 |
| Dec 31, 2025 | -1.90 |
| Sep 30, 2025 | -5.49 |
| Jun 30, 2025 | -10.04 |
| Mar 31, 2025 | -4.45 |
| Dec 31, 2024 | -11.29 |
| Sep 30, 2024 | -4.81 |
| Jun 30, 2024 | -11.60 |
| Mar 31, 2024 | -4.25 |
| Dec 31, 2023 | -17.42 |
| Sep 30, 2023 | 17.91 |
| Jun 30, 2023 | -16.67 |
| Mar 31, 2023 | -62.52 |
| Dec 31, 2022 | 131.55 |
| Sep 30, 2022 | -84.10 |
| Jun 30, 2022 | -68.38 |
| Mar 31, 2022 | -35.80 |
| Dec 31, 2021 | -159.71 |
| Sep 30, 2021 | -97.38 |
| Jun 30, 2021 | -121.87 |