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| Date | Value |
|---|---|
| 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 |