Tc Energy (TRP) Enterprise Value (2009 - 2025)

Tc Energy (TRP) posted Enterprise Value of $1.2 billion for Q4 2025, up 261.27% on a QoQ basis from $329.9 million in Q3 2025, and down 81.69% year-on-year from $6.5 billion in Q4 2024.

Tc Energy (TRP) Enterprise Value (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Enterprise Value across 17 years of filings, most recently posting $1.2 billion for Q4 2025.

  • Enterprise Value for Q4 2025 came in at $1.2 billion, down 81.69% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.2 billion (down 81.69% YoY), and the FY2025 annual result was $1.2 billion, down 82.09% from the prior year.
  • Enterprise Value came in at $1.2 billion for Q4 2025 at Tc Energy, up from $329.9 million in the prior quarter.
  • Over the last five years, Enterprise Value for TRP reached as high as $8.0 billion in Q4 2023 and fell as low as -$1586.6 billion in Q4 2021.
  • Median Enterprise Value over the past 5 years was -$795.8 million (2022), compared with a mean of -$79.3 billion.
  • Year-over-year, Enterprise Value tumbled 1360887.01% in 2021 and surged 1043.26% in 2023.
  • Over 5 years, Enterprise Value stood at -$1586.6 billion in 2021, then jumped by 99.95% to -$846.5 million in 2022, then surged by 1043.26% to $8.0 billion in 2023, then dropped by 18.48% to $6.5 billion in 2024, then slumped by 81.69% to $1.2 billion in 2025.
  • Per Business Quant, the three latest TRP Enterprise Value figures stand at $1.2 billion (Q4 2025), $329.9 million (Q3 2025), and -$163.8 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Torm 26,839.46 Bn 26,839.30 Bn - -158.10 Mn
2 Imperial Petroleum 730.62 Bn 730.54 Bn 50.64 Mn -71.87 Mn
3 Kinder Morgan 450.75 Bn 451.83 Bn 3.08 Bn 1.08 Bn
4 Enterprise Products Partners 316.77 Bn 315.62 Bn - -1.15 Bn
5 Energy Transfer 263.37 Bn 262.65 Bn 6.62 Bn -719.00 Mn
6 Targa Resources 235.18 Bn 235.21 Bn 1.70 Bn 32.40 Mn
7 Mplx 230.21 Bn 228.70 Bn 2.54 Bn -1.51 Bn
8 Oneok 224.24 Bn 224.11 Bn 2.57 Bn -131.00 Mn
9 Cheniere Energy 210.54 Bn 212.74 Bn 5.86 Bn 2.20 Bn
10 Tc Energy - - 2.95 Bn 1.19 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.19 Bn
Sep 30, 2025 329.89 Mn
Jun 30, 2025 -163.83 Mn
Mar 31, 2025 4.40 Bn
Dec 31, 2024 6.51 Bn
Sep 30, 2024 111.42 Mn
Jun 30, 2024 -3.98 Bn
Mar 31, 2024 2.65 Bn
Dec 31, 2023 7.98 Bn
Sep 30, 2023 -3.01 Bn
Jun 30, 2023 -4.07 Bn
Mar 31, 2023 -1.77 Bn
Dec 31, 2022 -846.47 Mn
Sep 30, 2022 -2.66 Bn
Jun 30, 2022 -745.12 Mn
Mar 31, 2022 -433.42 Mn
Dec 31, 2021 -1,586.57 Bn
Sep 30, 2021 -2.20 Bn
Jun 30, 2021 -1.74 Bn
Mar 31, 2021 -1.11 Bn