Tc Energy (TRP) Interest Coverage Ratio (2009 - 2025)

Tc Energy's (TRP) quarterly Interest Coverage Ratio came in at 0.7 in Q4 2025, up 15.82% year-on-year from 0.61 in Q4 2024, and up 38.12% quarter-over-quarter from 0.51 in Q3 2025.

Tc Energy (TRP) Interest Coverage Ratio (2009 - 2025) Analysis & Trends

Tc Energy's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 0.7 for Q4 2025.

  • On a quarterly basis, Interest Coverage Ratio rose 15.82% year-over-year to 0.7 in Q4 2025; TTM through Dec 2025 was 0.68, a 19.61% increase from a year earlier, with the FY2025 full-year figure at 0.68, up 35.28% from the prior year.
  • Interest Coverage Ratio grew to 0.7 in Q4 2025 per TRP's latest filing, from 0.51 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 3.98 in Q4 2023 and bottomed at 1.44 in Q1 2021.
  • The 5-year median for Interest Coverage Ratio is 0.58 (2024), against an average of 1.07.
  • Across the five-year window, Interest Coverage Ratio slumped 148.94% in 2021 and jumped 1509.58% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 3.35 in 2021, then gained by 4.39% to 3.5 in 2022, then climbed by 13.71% to 3.98 in 2023, then slumped by 84.71% to 0.61 in 2024, then rose by 15.82% to 0.7 in 2025.
  • Per Business Quant, the three latest TRP Interest Coverage Ratio figures stand at 0.7 (Q4 2025), 0.51 (Q3 2025), and 0.56 (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 29.67
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -4.16
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 5.26
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.64
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.88
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.70
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 3.15
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 2.21
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 3.25
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 4.17

Historic Data

Download Data
DateValue
Dec 31, 2025 0.70
Sep 30, 2025 0.51
Jun 30, 2025 0.56
Mar 31, 2025 0.95
Dec 31, 2024 0.61
Sep 30, 2024 0.45
Jun 30, 2024 0.44
Mar 31, 2024 0.77
Dec 31, 2023 3.98
Sep 30, 2023 0.03
Jun 30, 2023 0.07
Mar 31, 2023 0.74
Dec 31, 2022 3.50
Sep 30, 2022 -0.03
Jun 30, 2022 0.08
Mar 31, 2022 0.54
Dec 31, 2021 3.35
Sep 30, 2021 2.60
Jun 30, 2021 3.00
Mar 31, 2021 -1.44