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| Date | Value |
|---|---|
| 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 |