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

Tc Energy's (TRP) quarterly Enterprise Value came in at $1.2 billion in Q4 2025, down 81.69% year-on-year from $6.5 billion in Q4 2024, and up 2116.43% quarter-over-quarter from $53.8 million in Q3 2025.

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

Tc Energy's Enterprise Value history runs 17 years deep, the most recent figure standing at $1.2 billion for Q4 2025.

  • On a quarterly basis, Enterprise Value fell 81.69% year-over-year to $1.2 billion in Q4 2025; TTM through Dec 2025 was $1.2 billion, a 81.69% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 82.09% from the prior year.
  • Enterprise Value climbed to $1.2 billion in Q4 2025 per TRP's latest filing, from $53.8 million in the prior quarter.
  • Across five years, Enterprise Value topped out at $8.0 billion in Q4 2023 and bottomed at -$1474.7 billion in Q4 2022.
  • The 5-year median for Enterprise Value is -$1.5 billion (2022), against an average of -$74.1 billion.
  • Across the five-year window, Enterprise Value tumbled 265074.12% in 2022 and soared 172.22% in 2024, its largest moves.
  • Year by year, Enterprise Value stood at -$556.1 million in 2021, then tumbled by 265074.12% to -$1474.7 billion in 2022, then jumped by 100.54% 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), $53.8 million (Q3 2025), and $225.9 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 DHT Holdings 2,970.16 Bn 2,970.04 Bn 167.16 Mn -126.77 Mn
2 Flex LNG 1,659.01 Bn 1,658.62 Bn 61.79 Mn -389.07 Mn
3 Enbridge 124.02 Bn 122.70 Bn 5.10 Bn -791.19 Mn
4 Kinder Morgan 112.83 Bn 112.65 Bn 3.08 Bn 1.08 Bn
5 Enterprise Products Partners 83.80 Bn 82.61 Bn - -1.15 Bn
6 Tc Energy 73.34 Bn 67.65 Bn 1.36 Bn 1.19 Bn
7 Energy Transfer 70.48 Bn 69.51 Bn 6.62 Bn -971.00 Mn
8 Targa Resources 60.56 Bn 60.46 Bn 1.70 Bn 32.40 Mn
9 Mplx 59.64 Bn 58.13 Bn 1.95 Bn -1.51 Bn
10 Oneok 58.81 Bn 58.63 Bn 8.98 Bn -131.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.19 Bn
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
Mar 31, 2021 -2.28 Bn