Tc Energy (TRP) EBITDA (2009 - 2026)
Tc Energy (TRP) posted EBITDA of $4.4 billion for the quarter ended Jun 30, 2026, up 4.9% from $4.2 billion a year earlier.
Tc Energy (TRP) EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Tc Energy was $17.37 billion, up 19.6% year-over-year; for the year ended Dec 31, 2025, it came in at $16.83 billion, up 175.6% from the prior year.
- Annual EBITDA shows a five-year compound annual growth rate of 21.8% (years ended Dec 2020 to Dec 2025).
- In prior years, Tc Energy's EBITDA was $6.1 billion in the year ended Dec 31, 2024 (-26.8%), $8.34 billion in the year ended Dec 31, 2023 (+11.4%), $7.48 billion in the year ended Dec 31, 2022 (+179.6%) and $2.68 billion in the year ended Dec 31, 2021 (-57.3%).
- Quarterly EBITDA has run from a low of -$20.63 million in the quarter ended Dec 31, 2022 to a high of $4.58 billion in the quarter ended Dec 31, 2025 over five years.
- The strongest year-over-year quarter for EBITDA in the past five years was the quarter ended Jun 30, 2025, with growth of 117.6%; the weakest was the quarter ended Sep 30, 2023, with a decline of 36.2%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 3.14 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 2.88 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 5.15 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.97 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 4.40 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 1.69 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.74 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 1.98 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 4.67 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 2.45 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.40 Bn |
| Dec 31, 2025 | 4.58 Bn |
| Sep 30, 2025 | 4.19 Bn |
| Jun 30, 2025 | 4.20 Bn |
| Mar 31, 2025 | 3.86 Bn |
| Dec 31, 2024 | 4.03 Bn |
| Sep 30, 2024 | 2.44 Bn |
| Jun 30, 2024 | 1.93 Bn |
| Mar 31, 2024 | 2.17 Bn |
| Dec 31, 2023 | 2.26 Bn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 2.31 Bn |
| Dec 31, 2022 | -20.63 Mn |
| Sep 30, 2022 | 1.77 Bn |
| Jun 30, 2022 | 1.83 Bn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | 2.13 Bn |
| Sep 30, 2021 | 1.72 Bn |
| Jun 30, 2021 | 1.94 Bn |
Tc Energy EBITDA 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=ebitda&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();