Tc Energy (TRP) EV to FCF (2010 - 2026)
Tc Energy's EV to FCF came in at 7.72 for the quarter ended Jun 30, 2026, up 32.7% from 5.82 a year earlier.
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Analysis
Tc Energy (TRP) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tc Energy reported EV to FCF of 7.46, up 39.9% year-over-year; for the year ended Dec 31, 2025, it was 43.08, up 692.1% from the prior year.
- Going back by year, EV to FCF was 5.44 in the year ended Dec 31, 2024 (+37.3%), 3.96 in the year ended Dec 31, 2023 (-1.1%) and 4.00 in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly EV to FCF in data going back to the quarter ended Dec 31, 2010.
- The fastest year-over-year change in EV to FCF over five years came in the quarter ended Sep 30, 2024 (growth of 74.9%), and the weakest in the quarter ended Mar 31, 2023 (a decline of 34.0%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.72 |
| Dec 31, 2025 | 7.09 |
| Sep 30, 2025 | 6.67 |
| Jun 30, 2025 | 5.82 |
| Mar 31, 2025 | 5.76 |
| Dec 31, 2024 | 5.42 |
| Sep 30, 2024 | 5.16 |
| Jun 30, 2024 | 4.24 |
| Mar 31, 2024 | 4.19 |
| Dec 31, 2023 | 3.96 |
| Sep 30, 2023 | 2.95 |
| Jun 30, 2023 | 3.59 |
| Mar 31, 2023 | 3.55 |
| Dec 31, 2022 | 4.02 |
| Sep 30, 2022 | 3.92 |
| Jun 30, 2022 | 5.24 |
| Mar 31, 2022 | 5.38 |
| Dec 31, 2021 | 4.27 |
| Sep 30, 2021 | 4.10 |
| Jun 30, 2021 | 4.02 |
API Access
Tc Energy EV to FCF 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-fcf&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();