Tc Energy (TRP) EBT Margin (2009 - 2026)
Tc Energy (TRP) posted EBT Margin of 36.72% for Q2 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 4.00 percentage points year-over-year; for FY2025, it came in at 35.72%, down 7.16 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of -3.56 percentage points (FY2020 to FY2025).
- In prior years, Tc Energy's EBT Margin was 42.89% in FY2024 (+18.03 pp), 24.86% in FY2023 (+21.01 pp), 3.85% in FY2022 (-12.33 pp) and 16.18% in FY2021 (-23.11 pp).
- The Q2 2026 figure stands as the highest quarterly EBT Margin since Q4 2024.
- On a year-over-year basis, EBT Margin increased in two of the last four quarters, with an average year-over-year change of -2.56 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 6.86% |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | 30.65% |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 9.22% |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | 21.63% |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 5.39% |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | - |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 26.79% |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | 15.20% |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 32.62% |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn | 10.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.72% |
| Mar 31, 2026 | 36.39% |
| Dec 31, 2025 | 34.17% |
| Sep 30, 2025 | 32.75% |
| Jun 30, 2025 | 35.76% |
| Mar 31, 2025 | 40.52% |
| Dec 31, 2024 | 42.02% |
| Sep 30, 2024 | 45.04% |
| Jun 30, 2024 | 27.86% |
| Mar 31, 2024 | 33.61% |
| Dec 31, 2023 | 37.51% |
| 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% |
| Jun 30, 2019 | 41.30% |
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();