Tc Energy (TRP) EBT Margin (2009 - 2026)
Tc Energy (TRP) posted EBT Margin of 36.72% for the quarter ended Jun 30, 2026, up 0.96 percentage points from 35.76% a year earlier.
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Analysis
Tc Energy (TRP) EBT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Tc Energy was 34.86%, down 6.08 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 35.72%, down 7.16 percentage points from the prior year.
- Annual EBT Margin shows a five-year change of -3.56 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Tc Energy's EBT Margin was 42.89% in the year ended Dec 31, 2024 (+22.19 pp), 20.70% in the year ended Dec 31, 2023 (+17.53 pp), 3.16% in the year ended Dec 31, 2022 (-13.02 pp) and 16.18% in the year ended Dec 31, 2021 (-23.11 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly EBT Margin since the quarter ended Mar 31, 2025.
- On a year-over-year basis, EBT Margin increased in three of the last five quarters, with an average year-over-year change of -1.15 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was the quarter ended Dec 31, 2023, with a gain of 72.65 percentage points; the weakest was the quarter ended Dec 31, 2022, with a drop of 75.21 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.28 Bn | 99.87 Bn | 4.84 Bn | 6.86% |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | 37.21% |
| 3 | Enterprise Products Partners | 79.54 Bn | 77.93 Bn | - | 10.22% |
| 4 | Kinder Morgan | 74.53 Bn | 74.23 Bn | 3.07 Bn | 26.04% |
| 5 | Energy Transfer | 69.22 Bn | 62.41 Bn | 7.40 Bn | 7.93% |
| 6 | Tc Energy | 64.06 Bn | 60.15 Bn | 2.81 Bn | 36.72% |
| 7 | Targa Resources | 62.75 Bn | 62.23 Bn | 2.14 Bn | 22.63% |
| 8 | Cheniere Energy | 59.05 Bn | 53.88 Bn | 5.29 Bn | 69.92% |
| 9 | Mplx | 58.88 Bn | 52.44 Bn | 2.91 Bn | 32.88% |
| 10 | Oneok | 58.39 Bn | 56.78 Bn | 2.81 Bn | 10.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.72% |
| Dec 31, 2025 | 34.17% |
| Sep 30, 2025 | 32.75% |
| Jun 30, 2025 | 35.76% |
| Dec 31, 2024 | 42.02% |
| Sep 30, 2024 | 45.04% |
| Jun 30, 2024 | 26.82% |
| Dec 31, 2022 | -103.42% |
| Sep 30, 2022 | 26.11% |
| Jun 30, 2022 | 29.67% |
| Mar 31, 2022 | 20.66% |
| Dec 31, 2021 | 40.07% |
| Jun 30, 2021 | 36.68% |
| Sep 30, 2020 | 37.62% |
| Dec 31, 2019 | 35.90% |
| Sep 30, 2019 | 35.53% |
| Jun 30, 2019 | 41.30% |
| Dec 31, 2018 | 19.39% |
| Sep 30, 2018 | 36.38% |
| Mar 31, 2018 | 28.88% |
API Access
Tc Energy EBT 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=ebt-margin&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();