Tc Energy (TRP) Interest Expenses (2009 - 2026)

For the trailing twelve months through Jun 30, 2026, Interest Expenses at Tc Energy was $2.47 billion, up 9.8% year-over-year; for the year ended Dec 31, 2025, it came in at $2.44 billion, up 10.6% from the prior year.

• Annual Interest Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 8.0% (years ended Dec 2020 to Dec 2025).
• In prior years, Tc Energy's Interest Expenses was $2.21 billion in the year ended Dec 31, 2024 (+0.3%), $2.2 billion in the year ended Dec 31, 2023 (+24.3%), $1.77 billion in the year ended Dec 31, 2022 (-6.1%) and $1.88 billion in the year ended Dec 31, 2021 (+13.2%).
• Quarterly Interest Expenses has run from a low of $457.9 million in the quarter ended Mar 31, 2022 to a high of $645.23 million in the quarter ended Sep 30, 2023 over five years.
• On a year-over-year basis, Interest Expenses increased in five of the last seven quarters, with growth averaging 2.8%.
• The strongest year-over-year quarter for Interest Expenses in the past five years was the quarter ended Dec 31, 2025, with growth of 28.8%; the weakest was the quarter ended Dec 31, 2024, with a decline of 14.8%.