Tc Energy (TRP) Enterprise Value (2009 - 2026)
Tc Energy (TRP) posted quarterly Enterprise Value of -$532.8 million for Q2 2026, down 335.86% year-over-year from $225.9 million in Q2 2025, and down 156.03% quarter-over-quarter from $950.9 million in Q4 2025.
Tc Energy (TRP) Enterprise Value (2009 - 2026) Analysis & Trends
Tc Energy's Enterprise Value history runs 18 years deep, the most recent figure standing at -$532.8 million for Q2 2026.
- In Q2 2026, Enterprise Value fell 335.86% year-over-year to -$532.8 million; the TTM figure through Jun 2026 stood at -$532.8 million (down 335.86% YoY), while the FY2025 annual figure was $949.0 million, down 85.71% from the prior year.
- Enterprise Value for Q2 2026 stood at -$532.8 million, down from $950.9 million in the prior quarter.
- The five-year high for Enterprise Value was $8.0 billion in Q4 2023, with the low at -$1474.7 billion in Q4 2022.
- The 5-year median for Enterprise Value is -$749.2 million (2022), against an average of -$86.7 billion.
- The sharpest annual moves came in 2022 and 2024: Enterprise Value slumped 265074.12% in 2022, then soared 172.22% in 2024.
- Tc Energy's Enterprise Value stood at -$1474.7 billion in 2022, then soared by 100.54% to $8.0 billion in 2023, then slipped by 18.48% to $6.5 billion in 2024, then plunged by 85.39% to $950.9 million in 2025, then slumped by 156.03% to -$532.8 million in 2026.
- Business Quant data shows TRP's Enterprise Value at -$532.8 million in Q2 2026, $950.9 million in Q4 2025, and $53.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.13 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 498.82 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | -861.00 Mn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | -1.03 Bn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | -532.80 Mn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | -1.03 Bn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | -61.00 Mn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 6.90 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 4.04 Bn |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | 290.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -532.80 Mn |
| Dec 31, 2025 | 950.86 Mn |
| Sep 30, 2025 | 53.77 Mn |
| Jun 30, 2025 | 225.90 Mn |
| Mar 31, 2025 | 4.40 Bn |
| Dec 31, 2024 | 6.51 Bn |
| Sep 30, 2024 | -4.51 Bn |
| Jun 30, 2024 | -3.10 Bn |
| Mar 31, 2024 | 3.01 Bn |
| Dec 31, 2023 | 7.98 Bn |
| Sep 30, 2023 | -3.01 Bn |
| Jun 30, 2023 | -2.02 Bn |
| Mar 31, 2023 | -4.16 Bn |
| Dec 31, 2022 | -1,474.71 Bn |
| Sep 30, 2022 | -3.16 Bn |
| Jun 30, 2022 | -1.08 Bn |
| Mar 31, 2022 | -749.21 Mn |
| Dec 31, 2021 | -556.13 Mn |
| Sep 30, 2021 | -2.77 Bn |
| Jun 30, 2021 | -2.86 Bn |