Tc Energy (TRP) Inventory Average (2009 - 2025)
Tc Energy's (TRP) quarterly Inventory Average came in at $584.5 million in Q4 2025, down 10.54% year-on-year from $653.3 million in Q4 2024, and down 2.7% quarter-over-quarter from $600.7 million in Q3 2025.
Tc Energy (TRP) Inventory Average (2009 - 2025) Analysis & Trends
Tc Energy's Inventory Average history runs 17 years deep, the most recent figure standing at $584.5 million for Q4 2025.
- On a quarterly basis, Inventory Average fell 10.54% year-over-year to $584.5 million in Q4 2025; TTM through Dec 2025 was $584.5 million, a 10.54% decrease from a year earlier, with the FY2025 full-year figure at $552.7 million, down 1.05% from the prior year.
- Inventory Average declined to $584.5 million in Q4 2025 per TRP's latest filing, from $600.7 million in the prior quarter.
- Across five years, Inventory Average topped out at $847.7 million in Q3 2023 and bottomed at $504.7 million in Q1 2021.
- The 5-year median for Inventory Average is $679.7 million (2022), against an average of $676.3 million.
- Across the five-year window, Inventory Average surged 71.67% in 2021 and slipped 27.19% in 2025, its largest moves.
- Year by year, Inventory Average stood at $582.3 million in 2021, then surged by 30.31% to $758.8 million in 2022, then retreated by 2.28% to $741.5 million in 2023, then fell by 11.9% to $653.3 million in 2024, then slipped by 10.54% to $584.5 million in 2025.
- Per Business Quant, the three latest TRP Inventory Average figures stand at $584.5 million (Q4 2025), $600.7 million (Q3 2025), and $567.4 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 27.46 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.66 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 579.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.56 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 584.48 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.71 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 381.85 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.04 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 175.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 584.48 Mn |
| Sep 30, 2025 | 600.72 Mn |
| Jun 30, 2025 | 567.38 Mn |
| Mar 31, 2025 | 538.12 Mn |
| Dec 31, 2024 | 653.32 Mn |
| Sep 30, 2024 | 757.01 Mn |
| Jun 30, 2024 | 779.22 Mn |
| Mar 31, 2024 | 691.33 Mn |
| Dec 31, 2023 | 741.54 Mn |
| Sep 30, 2023 | 847.72 Mn |
| Jun 30, 2023 | 753.28 Mn |
| Mar 31, 2023 | 708.71 Mn |
| Dec 31, 2022 | 758.82 Mn |
| Sep 30, 2022 | 823.86 Mn |
| Jun 30, 2022 | 790.74 Mn |
| Mar 31, 2022 | 668.11 Mn |
| Dec 31, 2021 | 582.31 Mn |
| Sep 30, 2021 | 603.45 Mn |
| Jun 30, 2021 | 571.82 Mn |
| Mar 31, 2021 | 504.74 Mn |