Tc Energy TRP
NYSE TRP
$62.60 -0.30 (-0.48%)
At close: Sep 4, 2026 · 4:00 PM EDT

Tc Energy (TRP) EBIT Margin (2009 - 2026)

Tc Energy (TRP) posted EBIT Margin of 58.43% for Q2 2026, down 6.73% on a QoQ basis from 62.64% in Q4 2025, and down 276.0% year-over-year from 33.2% in Q2 2025.

Analysis

Tc Energy (TRP) EBIT Margin (2009 - 2026) Analysis & Trends

Tc Energy has reported EBIT Margin for 18 years, with the latest figure at 58.43% in Q2 2026.

  • On a quarterly basis, EBIT Margin fell 276.0% year-over-year to 58.43% in Q2 2026; TTM through Jun 2026 was 60.97%, a 172.0% decrease from a year earlier, with the FY2025 full-year figure at 6.92%, down 3352.0% from the prior year.
  • EBIT Margin was 58.43% for Q2 2026 at Tc Energy, down from 62.64% in the prior quarter.
  • The five-year high for EBIT Margin was 64.39% in Q1 2025, with the low at 50.84% in Q4 2022.
  • Average EBIT Margin over 5 years is 47.5%, with a median of 57.14% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBIT Margin tumbled 10795 bps in 2022, then jumped 10669 bps in 2023.
  • Over 5 years, EBIT Margin stood at 50.84% in 2022, then soared by 210 bps to 55.85% in 2023, then gained by 9 bps to 61.0% in 2024, then climbed by 3 bps to 62.64% in 2025, then fell by 7 bps to 58.43% in 2026.
  • The last three EBIT Margin figures came in at 58.43% (Q2 2026), 62.64% (Q4 2025), and 61.61% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 30.06%
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 12.31%
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 10.41%
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 58.43%
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 27.80%
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 41.61%
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 13.22%
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 9.93%
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 37.45%
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 58.43%
Dec 31, 2025 62.64%
Sep 30, 2025 61.61%
Jun 30, 2025 61.19%
Mar 31, 2025 64.39%
Dec 31, 2024 61.00%
Sep 30, 2024 64.07%
Jun 30, 2024 47.03%
Mar 31, 2024 51.99%
Dec 31, 2023 55.85%
Dec 31, 2022 -50.84%
Sep 30, 2022 43.64%
Jun 30, 2022 46.71%
Mar 31, 2022 37.23%
Dec 31, 2021 57.11%
Sep 30, 2021 47.81%
Jun 30, 2021 55.00%
Mar 31, 2021 -24.25%
Dec 31, 2020 56.96%
Sep 30, 2020 55.12%