Tc Energy (TRP) Free Cash Flow (2009 - 2026)
Tc Energy (TRP) posted Free Cash Flow of $2.7 billion for Q2 2026, up 14.29% on a QoQ basis from $2.3 billion in Q4 2025, and up 12.1% year-over-year from $2.4 billion in Q2 2025.
Analysis
Tc Energy (TRP) Free Cash Flow (2009 - 2026) Analysis & Trends
Tc Energy has reported Free Cash Flow for 18 years, with the latest figure at $2.7 billion in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 12.1% year-over-year to $2.7 billion in Q2 2026; TTM through Jun 2026 was $9.7 billion, a 1.08% decrease from a year earlier, with the FY2025 full-year figure at $1.5 billion, down 85.47% from the prior year.
- Free Cash Flow was $2.7 billion for Q2 2026 at Tc Energy, up from $2.3 billion in the prior quarter.
- The five-year high for Free Cash Flow was $3.0 billion in Q4 2022, with the low at $1.7 billion in Q2 2022.
- Average Free Cash Flow over 5 years is $2.5 billion, with a median of $2.7 billion recorded in 2026.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow declined 27.32% in 2022, then jumped 51.86% in 2023.
- Over 5 years, Free Cash Flow stood at $3.0 billion in 2022, then decreased by 4.51% to $2.9 billion in 2023, then fell by 7.46% to $2.7 billion in 2024, then declined by 12.85% to $2.3 billion in 2025, then climbed by 14.29% to $2.7 billion in 2026.
- The last three Free Cash Flow figures came in at $2.7 billion (Q2 2026), $2.3 billion (Q4 2025), and $2.3 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 978.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.02 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 2.71 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 2.66 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 431.20 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 877.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.44 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 821.24 Mn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 1.12 Bn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
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 |