Tc Energy (TRP) EBITDA (2009 - 2026)
Tc Energy (TRP) posted EBITDA of $1.7 billion for Q2 2026, down 10.73% on a QoQ basis from $1.9 billion in Q4 2025, and up 1.09% year-over-year from $1.7 billion in Q2 2025.
Analysis
Tc Energy (TRP) EBITDA (2009 - 2026) Analysis & Trends
Tc Energy has reported EBITDA for 18 years, with the latest figure at $1.7 billion in Q2 2026.
- On a quarterly basis, EBITDA rose 1.09% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $6.9 billion, a 1.43% increase from a year earlier, with the FY2025 full-year figure at $39.7 billion, down 0.89% from the prior year.
- EBITDA was $1.7 billion for Q2 2026 at Tc Energy, down from $1.9 billion in the prior quarter.
- The five-year high for EBITDA was $1.9 billion in Q3 2024, with the low at -$514.2 million in Q4 2022.
- Average EBITDA over 5 years is $1.4 billion, with a median of $1.6 billion recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: EBITDA slumped 131.66% in 2022, then soared 437.97% in 2023.
- Over 5 years, EBITDA stood at -$514.2 million in 2022, then jumped by 437.97% to $1.7 billion in 2023, then retreated by 10.12% to $1.6 billion in 2024, then advanced by 19.87% to $1.9 billion in 2025, then fell by 10.73% to $1.7 billion in 2026.
- The last three EBITDA figures came in at $1.7 billion (Q2 2026), $1.9 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.25 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.57 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.67 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.59 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.70 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.10 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 806.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| Dec 31, 2025 | 1.87 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.65 Bn |
| Mar 31, 2025 | 1.63 Bn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.92 Bn |
| Jun 30, 2024 | 1.40 Bn |
| Mar 31, 2024 | 1.64 Bn |
| Dec 31, 2023 | 1.74 Bn |
| Sep 30, 2023 | 616.14 Mn |
| Jun 30, 2023 | 988.63 Mn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | -514.22 Mn |
| Sep 30, 2022 | 1.27 Bn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 1.62 Bn |
| Sep 30, 2021 | 1.23 Bn |
| Jun 30, 2021 | 1.42 Bn |