Tc Energy (TRP) EBITDA (2009 - 2025)

Tc Energy's (TRP) quarterly EBITDA came in at $1.4 million in Q4 2025, down 74.96% year-on-year from $5.7 million in Q4 2024, and down 1.31% quarter-over-quarter from $1.5 million in Q3 2025.

Tc Energy (TRP) EBITDA (2009 - 2025) Analysis & Trends

Tc Energy's EBITDA history runs 17 years deep, the most recent figure standing at $1.4 million for Q4 2025.

  • On a quarterly basis, EBITDA fell 74.96% year-over-year to $1.4 million in Q4 2025; TTM through Dec 2025 was $10.0 million, a 112.03% increase from a year earlier, with the FY2025 full-year figure at $39.7 billion, down 0.89% from the prior year.
  • EBITDA fell to $1.4 million in Q4 2025 per TRP's latest filing, from $1.5 million in the prior quarter.
  • Across five years, EBITDA topped out at $1.6 billion in Q4 2021 and bottomed at -$647.9 million in Q1 2021.
  • The 5-year median for EBITDA is -$2.2 million (2023), against an average of $174.2 million.
  • Across the five-year window, EBITDA jumped 9970.11% in 2021 and sank 2959.97% in 2024, its largest moves.
  • Year by year, EBITDA stood at $1.6 billion in 2021, then tumbled by 100.18% to -$2.9 million in 2022, then tumbled by 747.5% to -$25.0 million in 2023, then jumped by 122.93% to $5.7 million in 2024, then slumped by 74.96% to $1.4 million in 2025.
  • Per Business Quant, the three latest TRP EBITDA figures stand at $1.4 million (Q4 2025), $1.5 million (Q3 2025), and $2.9 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 133.31 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 64.35 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.35 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.35 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.90 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 1.43 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 2.98 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 846.90 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 1.43 Bn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 1.21 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.43 Mn
Sep 30, 2025 1.45 Mn
Jun 30, 2025 2.89 Mn
Mar 31, 2025 4.18 Mn
Dec 31, 2024 5.73 Mn
Sep 30, 2024 -24.19 Mn
Jun 30, 2024 -19.01 Mn
Mar 31, 2024 -45.27 Mn
Dec 31, 2023 -24.97 Mn
Sep 30, 2023 -26.85 Mn
Jun 30, 2023 -26.80 Mn
Mar 31, 2023 -1.48 Mn
Dec 31, 2022 -2.95 Mn
Sep 30, 2022 -6.90 Mn
Jun 30, 2022 -7.84 Mn
Mar 31, 2022 24.47 Mn
Dec 31, 2021 1.62 Bn
Sep 30, 2021 1.23 Bn
Jun 30, 2021 1.42 Bn
Mar 31, 2021 -647.88 Mn