Tc Energy (TRP) Goodwill (2009 - 2025)
Tc Energy's (TRP) quarterly Goodwill came in at $9.3 billion in Q4 2025, down 4.62% year-on-year from $9.8 billion in Q4 2024, and down 2.85% quarter-over-quarter from $9.6 billion in Q3 2025.
Tc Energy (TRP) Goodwill (2009 - 2025) Analysis & Trends
Tc Energy's Goodwill history runs 17 years deep, the most recent figure standing at $9.3 billion for Q4 2025.
- On a quarterly basis, Goodwill fell 4.62% year-over-year to $9.3 billion in Q4 2025; TTM through Dec 2025 was $9.3 billion, a 4.62% decrease from a year earlier, with the FY2025 full-year figure at $9.3 billion, down 6.7% from the prior year.
- Goodwill fell to $9.3 billion in Q4 2025 per TRP's latest filing, from $9.6 billion in the prior quarter.
- Across five years, Goodwill topped out at $10.0 billion in Q2 2021 and bottomed at $9.2 billion in Q4 2023.
- The 5-year median for Goodwill is $9.5 billion (2024), against an average of $9.6 billion.
- Across the five-year window, Goodwill decreased 5.69% in 2021 and rose 6.31% in 2024, its largest moves.
- Year by year, 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 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 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 |