Tc Energy (TRP) Equity Income (2011 - 2026)
Tc Energy's Equity Income was $349.31 million in Q3 2026, up 39.3% from $250.69 million a year earlier and up 14.5% from the prior quarter.
Tc Energy (TRP) Equity Income (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tc Energy's Equity Income was $1.11 billion through Sep 30, 2026, up 8.5% year-over-year; for FY2025, it was $911.83 million, down 19.9% from FY2024.
- Equity Income shows a five-year compound annual growth rate of 3.7% (FY2020 to FY2025).
- In earlier years, Equity Income was $1.14 billion in FY2024 (+17.2%), $970.93 million in FY2023 (+26.4%), $768.4 million in FY2022 (+7.2%) and $716.56 million in FY2021 (-5.8%).
- The Q3 2026 figure marks the highest quarterly Equity Income since Q4 2023.
- Compared with a year earlier, Equity Income has increased for three straight quarters, with an average decline of 0.3% over the last eight quarters.
- The best year-over-year quarter for Equity Income over five years was Q4 2021 (growth of 164.0%); the worst was Q4 2025 (a decline of 34.6%).
- Per Business Quant data, TRP's Equity Income in the three quarters before Q3 2026 was $305.07 million (Q2 2026), $245.74 million (Q1 2026) and $210.82 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 369.31 Mn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 157.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 87.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 231.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 349.31 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 112.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 10.20 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 282.00 Mn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 103.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 349.31 Mn |
| Jun 30, 2026 | 305.07 Mn |
| Mar 31, 2026 | 245.74 Mn |
| Dec 31, 2025 | 210.82 Mn |
| Sep 30, 2025 | 250.69 Mn |
| Jun 30, 2025 | 238.17 Mn |
| Mar 31, 2025 | 212.56 Mn |
| Dec 31, 2024 | 322.13 Mn |
| Sep 30, 2024 | 325.48 Mn |
| Jun 30, 2024 | 237.62 Mn |
| Mar 31, 2024 | 251.58 Mn |
| Dec 31, 2023 | 369.47 Mn |
| Sep 30, 2023 | 227.51 Mn |
| Jun 30, 2023 | 184.62 Mn |
| Mar 31, 2023 | 224.13 Mn |
| Dec 31, 2022 | 214.38 Mn |
| Sep 30, 2022 | 246.89 Mn |
| Jun 30, 2022 | 185.10 Mn |
| Mar 31, 2022 | 161.84 Mn |
| Dec 31, 2021 | 172.15 Mn |
Tc Energy Equity Income 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=equity-income&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();