Tc Energy (TRP) Enterprise Value (2010 - 2026)
Tc Energy's Enterprise Value came in at $74.52 billion for the quarter ended Jun 30, 2026, up 31.2% from $56.79 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 $72.07 billion, up 38.4% year-over-year; for the year ended Dec 31, 2025, it was $64.01 billion, up 15.1% from the prior year.
- Enterprise Value has increased in each of the last three years, with a five-year compound annual growth rate of 11.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Enterprise Value was $55.63 billion in the year ended Dec 31, 2024 (+24.1%), $44.84 billion in the year ended Dec 31, 2023 (+11.5%), $40.2 billion in the year ended Dec 31, 2022 (-7.8%) and $43.6 billion in the year ended Dec 31, 2021 (+18.2%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Enterprise Value in data going back to the quarter ended Dec 31, 2010.
- The fastest year-over-year change in Enterprise Value over five years came in the quarter ended Sep 30, 2024 (growth of 59.5%), and the weakest in the quarter ended Mar 31, 2023 (a decline of 32.4%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.52 Bn |
| Dec 31, 2025 | 64.02 Bn |
| Sep 30, 2025 | 62.57 Bn |
| Jun 30, 2025 | 56.79 Bn |
| Mar 31, 2025 | 55.18 Bn |
| Dec 31, 2024 | 55.48 Bn |
| Sep 30, 2024 | 53.90 Bn |
| Jun 30, 2024 | 45.10 Bn |
| Mar 31, 2024 | 46.44 Bn |
| Dec 31, 2023 | 44.80 Bn |
| Sep 30, 2023 | 33.80 Bn |
| Jun 30, 2023 | 40.56 Bn |
| Mar 31, 2023 | 36.92 Bn |
| Dec 31, 2022 | 40.21 Bn |
| Sep 30, 2022 | 37.96 Bn |
| Jun 30, 2022 | 49.73 Bn |
| Mar 31, 2022 | 54.59 Bn |
| Dec 31, 2021 | 43.61 Bn |
| Sep 30, 2021 | 43.04 Bn |
| Jun 30, 2021 | 43.69 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();