Tc Energy (TRP) FCF Payout Ratio (2009 - 2026)
Tc Energy (TRP) posted quarterly FCF Payout Ratio of 0.14 for Q2 2026, down 279.5% year-over-year from 0.08 in Q2 2025, and up 46.73% quarter-over-quarter from 0.27 in Q4 2025.
Tc Energy (TRP) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Tc Energy's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.14 for Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 279.5% year-over-year to 0.14; the TTM figure through Jun 2026 stood at 0.13 (down 37.57% YoY), while the FY2025 annual figure was 0.13, down 29.46% from the prior year.
- FCF Payout Ratio for Q2 2026 stood at 0.14, up from 0.27 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.01 in Q4 2022, with the low at 0.61 in Q1 2024.
- The 5-year median for FCF Payout Ratio is 0.04 (2024), against an average of 0.11.
- The sharpest annual moves came in 2024 and 2025: FCF Payout Ratio sank 6163.66% in 2024, then soared 85.22% in 2025.
- Tc Energy's FCF Payout Ratio stood at 0.01 in 2022, then plunged by 729.03% to 0.04 in 2023, then advanced by 8.04% to 0.04 in 2024, then tumbled by 560.36% to 0.27 in 2025, then surged by 46.73% to 0.14 in 2026.
- Business Quant data shows TRP's FCF Payout Ratio at 0.14 in Q2 2026, 0.27 in Q4 2025, and 0.06 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.68 |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 1.87 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.59 |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | -0.14 |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 1.25 |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 0.47 |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 0.63 |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 0.48 |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | -0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.14 |
| Dec 31, 2025 | -0.27 |
| Sep 30, 2025 | -0.06 |
| Jun 30, 2025 | -0.04 |
| Mar 31, 2025 | -0.16 |
| Dec 31, 2024 | -0.04 |
| Sep 30, 2024 | -0.16 |
| Jun 30, 2024 | -0.26 |
| Mar 31, 2024 | -0.61 |
| Dec 31, 2023 | -0.04 |
| Sep 30, 2023 | -0.01 |
| Jun 30, 2023 | -0.01 |
| Mar 31, 2023 | -0.01 |
| Dec 31, 2022 | -0.01 |
| Sep 30, 2022 | -0.01 |
| Jun 30, 2022 | -0.01 |
| Mar 31, 2022 | -0.01 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |