Tc Energy (TRP) Goodwill (2009 - 2025)
Tc Energy (TRP) posted Goodwill of $9.3 billion for Q4 2025, down 2.85% on a QoQ basis from $9.6 billion in Q3 2025, and down 4.62% year-on-year from $9.8 billion in Q4 2024.
Tc Energy (TRP) Goodwill (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Goodwill across 17 years of filings, most recently posting $9.3 billion for Q4 2025.
- Goodwill for Q4 2025 came in at $9.3 billion, down 4.62% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.3 billion (down 4.62% YoY), and the FY2025 annual result was $9.3 billion, down 6.7% from the prior year.
- Goodwill came in at $9.3 billion for Q4 2025 at Tc Energy, down from $9.6 billion in the prior quarter.
- Over the last five years, Goodwill for TRP reached as high as $10.0 billion in Q2 2021 and fell as low as $9.2 billion in Q4 2023.
- Median Goodwill over the past 5 years was $9.5 billion (2024), compared with a mean of $9.6 billion.
- Year-over-year, Goodwill retreated 5.69% in 2021 and increased 6.31% in 2024.
- Over 5 years, Goodwill stood at $10.0 billion in 2021, then slipped by 5.21% to $9.5 billion in 2022, then retreated by 2.71% to $9.2 billion in 2023, then advanced by 6.31% to $9.8 billion in 2024, then dropped by 4.62% to $9.3 billion in 2025.
- Per Business Quant, the three latest TRP Goodwill figures stand at $9.3 billion (Q4 2025), $9.6 billion (Q3 2025), and $9.3 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Torm | 26,839.46 Bn | 26,839.30 Bn | - |
| 2 | Imperial Petroleum | 730.62 Bn | 730.54 Bn | 50.64 Mn |
| 3 | Kinder Morgan | 450.75 Bn | 451.83 Bn | 3.08 Bn |
| 4 | Enterprise Products Partners | 316.77 Bn | 315.62 Bn | - |
| 5 | Energy Transfer | 263.37 Bn | 262.65 Bn | 6.62 Bn |
| 6 | Targa Resources | 235.18 Bn | 235.21 Bn | 1.70 Bn |
| 7 | Mplx | 230.21 Bn | 228.70 Bn | 2.54 Bn |
| 8 | Oneok | 224.24 Bn | 224.11 Bn | 2.57 Bn |
| 9 | Cheniere Energy | 210.54 Bn | 212.74 Bn | 5.86 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.33 Bn |
| Sep 30, 2025 | 9.61 Bn |
| Jun 30, 2025 | 9.33 Bn |
| Mar 31, 2025 | 9.51 Bn |
| Dec 31, 2024 | 9.79 Bn |
| Sep 30, 2024 | 9.40 Bn |
| Jun 30, 2024 | 9.50 Bn |
| Mar 31, 2024 | 9.53 Bn |
| Dec 31, 2023 | 9.21 Bn |
| Sep 30, 2023 | 9.58 Bn |
| Jun 30, 2023 | 9.35 Bn |
| Mar 31, 2023 | 9.50 Bn |
| Dec 31, 2022 | 9.46 Bn |
| Sep 30, 2022 | 10.01 Bn |
| Jun 30, 2022 | 9.58 Bn |
| Mar 31, 2022 | 9.35 Bn |
| Dec 31, 2021 | 9.98 Bn |
| Sep 30, 2021 | 10.01 Bn |
| Jun 30, 2021 | 10.03 Bn |
| Mar 31, 2021 | 9.87 Bn |