Tc Energy (TRP) Interest Coverage Ratio (2009 - 2026)
Tc Energy (TRP) posted Interest Coverage Ratio of 2.69 for Q2 2026, down 10.01% on a QoQ basis from 2.99 in Q4 2025, and little changed year-over-year from 2.7 in Q2 2025.
Powered by 
Analysis
Tc Energy (TRP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Tc Energy has reported Interest Coverage Ratio for 18 years, with the latest figure at 2.69 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio changed 0.49% year-over-year to 2.69 in Q2 2026; TTM through Jun 2026 was 2.77, a 7.65% decrease from a year earlier, with the FY2025 full-year figure at 0.31, down 83.23% from the prior year.
- Interest Coverage Ratio was 2.69 for Q2 2026 at Tc Energy, down from 2.99 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 3.37 in Q3 2024, with the low at 0.97 in Q4 2022.
- Average Interest Coverage Ratio over 5 years is 2.42, with a median of 2.7 recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 128.86% in 2022, then jumped 414.97% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 0.97 in 2022, then surged by 414.97% to 3.05 in 2023, then grew by 5.53% to 3.21 in 2024, then decreased by 6.93% to 2.99 in 2025, then decreased by 10.01% to 2.69 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.69 (Q2 2026), 2.99 (Q4 2025), and 2.69 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 5.86 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.83 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 2.69 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 4.77 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 3.67 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.09 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 5.23 |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.69 |
| Dec 31, 2025 | 2.99 |
| Sep 30, 2025 | 2.69 |
| Jun 30, 2025 | 2.70 |
| Mar 31, 2025 | 2.78 |
| Dec 31, 2024 | 3.21 |
| Sep 30, 2024 | 3.37 |
| Jun 30, 2024 | 2.45 |
| Mar 31, 2024 | 2.83 |
| Dec 31, 2023 | 3.05 |
| Sep 30, 2023 | 0.95 |
| Jun 30, 2023 | 1.68 |
| Mar 31, 2023 | 3.22 |
| Dec 31, 2022 | -0.97 |
| Sep 30, 2022 | 2.49 |
| Jun 30, 2022 | 2.74 |
| Mar 31, 2022 | 2.25 |
| Dec 31, 2021 | 3.35 |
| Sep 30, 2021 | 2.60 |
| Jun 30, 2021 | 3.00 |