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
DateValue
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