Tc Energy (TRP) Enterprise Value (2010 - 2026)
Tc Energy's Enterprise Value came in at $74.38 billion for Q2 2026, up 30.8% from $56.86 billion a year earlier.
Tc Energy (TRP) Enterprise Value (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tc Energy reported Enterprise Value of $71.92 billion, up 38.0% year-over-year; for FY2025, it was $64.15 billion, up 16.0% from FY2024.
- Enterprise Value has increased in each of the last three years, with a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $55.29 billion in FY2024 (+23.1%), $44.92 billion in FY2023 (+11.7%), $40.21 billion in FY2022 (-11.1%) and $45.22 billion in FY2021 (+17.8%).
- The Q2 2026 figure represents the highest quarterly Enterprise Value in data going back to Q4 2010.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2024 (growth of 59.6%), and the weakest in Q1 2023 (a decline of 32.3%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 66.20 Bn |
| Jun 30, 2026 | 74.38 Bn |
| Mar 31, 2026 | 71.29 Bn |
| Dec 31, 2025 | 64.15 Bn |
| Sep 30, 2025 | 62.51 Bn |
| Jun 30, 2025 | 56.86 Bn |
| Mar 31, 2025 | 55.19 Bn |
| Dec 31, 2024 | 55.29 Bn |
| Sep 30, 2024 | 53.94 Bn |
| Jun 30, 2024 | 37.94 Bn |
| Mar 31, 2024 | 46.42 Bn |
| Dec 31, 2023 | 44.92 Bn |
| Sep 30, 2023 | 33.81 Bn |
| Jun 30, 2023 | 40.56 Bn |
| Mar 31, 2023 | 36.93 Bn |
| Dec 31, 2022 | 40.21 Bn |
| Sep 30, 2022 | 38.03 Bn |
| Jun 30, 2022 | 49.74 Bn |
| Mar 31, 2022 | 54.58 Bn |
| Dec 31, 2021 | 45.22 Bn |
Tc Energy Enterprise Value 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=enterprise-value&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();