Tc Energy (TRP) EV to EBITDA (2010 - 2026)
Tc Energy's EV to EBITDA was 8.39 in Q2 2026, up 25.7% from 6.67 a year earlier.
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Analysis
Tc Energy (TRP) EV to EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tc Energy's EV to EBITDA was 8.11 through Jun 30, 2026, up 32.6% year-over-year; for FY2025, it was 9.61, up 6.1% from FY2024.
- In earlier years, EV to EBITDA was 9.06 in FY2024 (+28.3%), 7.06 in FY2023 (-4.6%), 7.40 in FY2022 (-27.3%) and 10.18 in FY2021 (+66.1%).
- The Q2 2026 figure marks the highest quarterly EV to EBITDA since Q2 2021.
- Compared with a year earlier, EV to EBITDA was higher in six of the last seven quarters, with growth averaging 12.9%.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2023 (growth of 50.4%); the worst was Q3 2022 (a decline of 42.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.17 |
| Jun 30, 2026 | 8.17 |
| Mar 31, 2026 | 7.99 |
| Dec 31, 2025 | 7.41 |
| Sep 30, 2025 | 7.63 |
| Jun 30, 2025 | 6.69 |
| Mar 31, 2025 | 6.63 |
| Dec 31, 2024 | 6.56 |
| Sep 30, 2024 | 6.13 |
| Jun 30, 2024 | 5.06 |
| Mar 31, 2024 | 6.56 |
| Dec 31, 2023 | 6.23 |
| Sep 30, 2023 | 6.86 |
| Jun 30, 2023 | 7.28 |
| Mar 31, 2023 | 6.26 |
| Dec 31, 2022 | 7.88 |
| Sep 30, 2022 | 4.56 |
| Jun 30, 2022 | 6.00 |
| Mar 31, 2022 | 6.50 |
| Dec 31, 2021 | 6.72 |
API Access
Tc Energy EV to EBITDA 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=ev-to-ebitda&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();