Tc Energy (TRP) Interest Coverage Ratio (2009 - 2026)
Tc Energy's (TRP) Interest Coverage Ratio was 2.81 for Q2 2026, up 6.0% from 2.65 a year earlier.
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Analysis
Tc Energy (TRP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tc Energy's Interest Coverage Ratio came in at 2.76, down 5.6% year-over-year; for FY2025, it was 1.92, up 4.3% from FY2024.
- By year, Interest Coverage Ratio came in at 1.84 in FY2024 (-5.8%), 1.96 in FY2023 (+0.6%), 1.95 in FY2022 (+50.9%) and 1.29 in FY2021 (-50.5%).
- Five-year quarterly Interest Coverage Ratio spans a low of -0.97 in Q4 2022 and a high of 5.60 in Q4 2021.
- Year over year, Interest Coverage Ratio gained in three of the last seven quarters, with growth averaging 34.0%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q3 2024 (growth of 252.6%); the low point was Q3 2023 (a decline of 61.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 2.09 |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 5.17 |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 2.95 |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | 2.73 |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 6.72 |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | - |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 4.92 |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn | 3.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.73 |
| Jun 30, 2026 | 2.82 |
| Mar 31, 2026 | 2.96 |
| Dec 31, 2025 | 2.93 |
| Sep 30, 2025 | 2.63 |
| Jun 30, 2025 | 2.65 |
| Mar 31, 2025 | 2.72 |
| Dec 31, 2024 | 2.95 |
| 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 | 5.60 |
API Access
Tc Energy Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();