Tc Energy (TRP) Free Cash Flow (2009 - 2026)
Tc Energy (TRP) posted Free Cash Flow of $2.66 billion for the quarter ended Jun 30, 2026, up 12.1% from $2.37 billion a year earlier.
Tc Energy (TRP) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Tc Energy was $9.65 billion, down 1.1% year-over-year; for the year ended Dec 31, 2025, it was $1.49 billion, down 85.5% from the prior year.
- Annual Free Cash Flow shows a five-year compound annual growth rate of -33.3% (years ended Dec 2020 to Dec 2025).
- In prior years, Tc Energy's Free Cash Flow was $10.23 billion in the year ended Dec 31, 2024 (-9.7%), $11.32 billion in the year ended Dec 31, 2023 (+12.8%), $10.04 billion in the year ended Dec 31, 2022 and -$4.06 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Free Cash Flow since the quarter ended Dec 31, 2024.
- On a year-over-year basis, Free Cash Flow increased in two of the last seven quarters, with an average decline of 6.4%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was the quarter ended Jun 30, 2023, with growth of 51.9%; the weakest was the quarter ended Jun 30, 2022, with a decline of 27.3%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 821.24 Mn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.02 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 2.71 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 978.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 2.66 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 431.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 877.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 398.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 1.44 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | -1.65 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.66 Bn |
| Dec 31, 2025 | 2.32 Bn |
| Sep 30, 2025 | 2.31 Bn |
| Jun 30, 2025 | 2.37 Bn |
| Mar 31, 2025 | 2.03 Bn |
| Dec 31, 2024 | 2.67 Bn |
| Sep 30, 2024 | 2.69 Bn |
| Jun 30, 2024 | 2.18 Bn |
| Mar 31, 2024 | 2.69 Bn |
| Dec 31, 2023 | 2.88 Bn |
| Sep 30, 2023 | 2.88 Bn |
| Jun 30, 2023 | 2.63 Bn |
| Mar 31, 2023 | 2.93 Bn |
| Dec 31, 2022 | 3.02 Bn |
| Sep 30, 2022 | 2.71 Bn |
| Jun 30, 2022 | 1.73 Bn |
| Mar 31, 2022 | 2.54 Bn |
| Dec 31, 2021 | 2.71 Bn |
| Sep 30, 2021 | 2.51 Bn |
| Jun 30, 2021 | 2.38 Bn |
Tc Energy Free Cash Flow 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=free-cash-flow&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();