Tc Energy (TRP) Interest Expenses (2009 - 2025)
Tc Energy's (TRP) quarterly Interest Expenses came in at $626.0 million in Q4 2025, up 28.79% year-on-year from $486.1 million in Q4 2024, and up 1.72% quarter-over-quarter from $615.5 million in Q3 2025.
Tc Energy (TRP) Interest Expenses (2009 - 2025) Analysis & Trends
Tc Energy's Interest Expenses history runs 17 years deep, the most recent figure standing at $626.0 million for Q4 2025.
- On a quarterly basis, Interest Expenses rose 28.79% year-over-year to $626.0 million in Q4 2025; TTM through Dec 2025 was $2.4 billion, a 10.48% increase from a year earlier, with the FY2025 full-year figure at $2.4 billion, down 1.75% from the prior year.
- Interest Expenses grew to $626.0 million in Q4 2025 per TRP's latest filing, from $615.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $645.2 million in Q3 2023 and bottomed at $450.4 million in Q1 2021.
- The 5-year median for Interest Expenses is $566.6 million (2024), against an average of $544.2 million.
- Across the five-year window, Interest Expenses decreased 14.84% in 2024 and increased 28.79% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $484.7 million in 2021, then gained by 9.73% to $531.9 million in 2022, then advanced by 7.3% to $570.7 million in 2023, then dropped by 14.84% to $486.1 million in 2024, then gained by 28.79% to $626.0 million in 2025.
- Per Business Quant, the three latest TRP Interest Expenses figures stand at $626.0 million (Q4 2025), $615.5 million (Q3 2025), and $611.3 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn | 891.09 Mn |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn | 623.00 Mn |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn | 291.00 Mn |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 Bn | 439.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 626.02 Mn |
| Dec 31, 2025 | 626.02 Mn |
| Sep 30, 2025 | 615.46 Mn |
| Sep 30, 2025 | 615.46 Mn |
| Jun 30, 2025 | 611.29 Mn |
| Jun 30, 2025 | 611.29 Mn |
| Mar 31, 2025 | 585.41 Mn |
| Mar 31, 2025 | 585.41 Mn |
| Dec 31, 2024 | 486.06 Mn |
| Dec 31, 2024 | 486.06 Mn |
| Sep 30, 2024 | 569.58 Mn |
| Sep 30, 2024 | 569.58 Mn |
| Jun 30, 2024 | 572.48 Mn |
| Jun 30, 2024 | 572.48 Mn |
| Mar 31, 2024 | 578.85 Mn |
| Mar 31, 2024 | 578.85 Mn |
| Dec 31, 2023 | 570.73 Mn |
| Dec 31, 2023 | 570.73 Mn |
| Sep 30, 2023 | 645.23 Mn |
| Sep 30, 2023 | 645.23 Mn |