Tc Energy (TRP) Interest Coverage Ratio (2009 - 2026)

Tc Energy (TRP) posted quarterly Interest Coverage Ratio of 2.69 for Q2 2026, up 4.29% year-over-year from 2.58 in Q2 2025, and up 2.29% quarter-over-quarter from 2.63 in Q4 2025.

Tc Energy (TRP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Tc Energy's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 2.69 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio rose 4.29% year-over-year to 2.69; the TTM figure through Jun 2026 stood at 2.58 (up 8.06% YoY), while the FY2025 annual figure was 3.06, up 13.6% from the prior year.
  • Interest Coverage Ratio for Q2 2026 stood at 2.69, up from 2.63 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 4.07 in Q1 2024, with the low at 0.97 in Q4 2022.
  • The 5-year median for Interest Coverage Ratio is 2.69 (2026), against an average of 2.56.
  • The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio plunged 128.86% in 2022, then jumped 2220.2% in 2025.
  • Tc Energy's Interest Coverage Ratio stood at 0.97 in 2022, then surged by 511.36% to 3.98 in 2023, then slumped by 97.15% to 0.11 in 2024, then surged by 2220.2% to 2.63 in 2025, then climbed by 2.29% to 2.69 in 2026.
  • Business Quant data shows TRP's Interest Coverage Ratio at 2.69 in Q2 2026, 2.63 in Q4 2025, and 2.43 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 5.26
2 Enbridge 110.91 Bn 109.42 Bn 5.23 Bn 2.09
3 Enterprise Products Partners 83.41 Bn 82.50 Bn - 2.31
4 Energy Transfer 72.45 Bn 71.42 Bn 7.40 Bn 3.83
5 Tc Energy 65.95 Bn 58.39 Bn 1.24 Bn 0.31
6 Mplx 60.44 Bn 59.41 Bn 2.73 Bn 4.28
7 Oneok 59.80 Bn 59.64 Bn 2.81 Bn 3.67
8 Targa Resources 59.00 Bn 58.86 Bn 2.14 Bn 1.29
9 Cheniere Energy 55.77 Bn 54.52 Bn 5.29 Bn 1.41
10 Venture Global 34.04 Bn 30.82 Bn 2.92 Bn 3.17

Historic Data

Download Data
DateValue
Jun 30, 2026 2.69
Dec 31, 2025 2.63
Sep 30, 2025 2.43
Jun 30, 2025 2.58
Mar 31, 2025 2.75
Dec 31, 2024 0.11
Sep 30, 2024 3.77
Jun 30, 2024 3.79
Mar 31, 2024 4.07
Dec 31, 2023 3.98
Sep 30, 2023 0.95
Jun 30, 2023 1.68
Mar 31, 2023 3.65
Dec 31, 2022 -0.97
Sep 30, 2022 3.50
Jun 30, 2022 3.70
Mar 31, 2022 2.25
Dec 31, 2021 3.35
Sep 30, 2021 2.60
Jun 30, 2021 3.00