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