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| Date | Value |
|---|---|
| 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 |