Tc Energy (TRP) EBIT Margin (2009 - 2026)
Tc Energy's EBIT Margin was 135.28% in the quarter ended Jun 30, 2026, down 2.11 percentage points from 137.39% a year earlier.
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Analysis
Tc Energy (TRP) EBIT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tc Energy's EBIT Margin was 136.36% through Jun 30, 2026, up 19.64 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 136.09%, up 95.65 percentage points from the prior year.
- EBIT Margin shows a five-year change of +91.44 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, EBIT Margin was 40.44% in the year ended Dec 31, 2024 (-12.74 pp), 53.18% in the year ended Dec 31, 2023 (+5.48 pp), 47.71% in the year ended Dec 31, 2022 (+24.97 pp) and 22.74% in the year ended Dec 31, 2021 (-21.91 pp).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly EBIT Margin since the quarter ended Mar 31, 2025.
- Compared with a year earlier, EBIT Margin was higher in three of the last five quarters, with an average year-over-year change of +48.59 percentage points.
- The best year-over-year quarter for EBIT Margin over five years was the quarter ended Jun 30, 2025 (a gain of 92.12 percentage points); the worst was the quarter ended Dec 31, 2022 (a drop of 74.39 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | 9.93% |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | 38.72% |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | 12.31% |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | 30.06% |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | 10.41% |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | 135.28% |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | 27.80% |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 74.84% |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | 41.61% |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn | 13.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 135.28% |
| Dec 31, 2025 | 135.99% |
| Sep 30, 2025 | 136.88% |
| Jun 30, 2025 | 137.39% |
| Dec 31, 2024 | 139.36% |
| Sep 30, 2024 | 64.07% |
| Jun 30, 2024 | 45.27% |
| Dec 31, 2022 | -50.84% |
| Sep 30, 2022 | 43.64% |
| Jun 30, 2022 | 46.71% |
| Mar 31, 2022 | 37.23% |
| Dec 31, 2021 | 95.42% |
| Jun 30, 2021 | 55.00% |
| Sep 30, 2020 | 20.13% |
| Dec 31, 2019 | 52.71% |
| Sep 30, 2019 | 53.81% |
| Jun 30, 2019 | 58.16% |
| Dec 31, 2018 | 34.84% |
| Sep 30, 2018 | 54.66% |
| Mar 31, 2018 | 44.28% |
API Access
Tc Energy EBIT Margin 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=ebit-margin&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();