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) Interest Expense (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 5.65 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -20.11 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 256.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 891.09 Mn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 659.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 626.02 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 947.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 384.00 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 439.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 291.00 Mn

Historic Data

Download Data
DateValue
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