Tc Energy (TRP) FCF Payout Ratio (2009 - 2026)
Tc Energy's (TRP) FCF Payout Ratio came in at 0.25 for Q2 2026, down 7.5% from 0.27 a year earlier.
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Analysis
Tc Energy (TRP) FCF Payout Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Payout Ratio at Tc Energy was 0.27, down 2.7% year-over-year; for FY2025, it was 1.70, down 42.4% from FY2024.
- In prior years, Tc Energy's FCF Payout Ratio was 2.95 in FY2024 and 3.43 in FY2021.
- The Q2 2026 figure stands as the lowest quarterly FCF Payout Ratio since Q4 2023.
- On a year-over-year basis, FCF Payout Ratio increased in five of the last seven quarters, with growth averaging 10.9%.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q2 2024, with growth of 100.0%; the weakest was Q2 2023, with a decline of 58.5%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 1.87 |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 1.07 |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 1.22 |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 0.56 |
| 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 | 1.60 |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.31 |
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.25 |
API Access
Tc Energy FCF Payout Ratio 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=fcf-payout-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();