Tc Energy (TRP) Invested Capital (2009 - 2026)
Tc Energy (TRP) posted quarterly Invested Capital of $2.5 billion for Q2 2026, up 12.18% year-over-year from $2.3 billion in Q2 2025, and up 127.93% quarter-over-quarter from $1.1 billion in Q4 2025.
Tc Energy (TRP) Invested Capital (2009 - 2026) Analysis & Trends
Tc Energy's Invested Capital history runs 18 years deep, the most recent figure standing at $2.5 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 12.18% year-over-year to $2.5 billion; the TTM figure through Jun 2026 stood at $8.0 billion (down 14.38% YoY), while the FY2025 annual figure was $1.1 billion, down 48.77% from the prior year.
- Invested Capital for Q2 2026 stood at $2.5 billion, up from $1.1 billion in the prior quarter.
- The five-year high for Invested Capital was $3.2 billion in Q3 2024, with the low at $829.6 million in Q3 2022.
- The 5-year median for Invested Capital is $2.0 billion (2023), against an average of $1.9 billion.
- The sharpest annual moves came in 2022 and 2024: Invested Capital sank 85.84% in 2022, then jumped 104.08% in 2024.
- Tc Energy's Invested Capital stood at $1.4 billion in 2022, then soared by 54.34% to $2.2 billion in 2023, then dropped by 1.98% to $2.1 billion in 2024, then tumbled by 47.63% to $1.1 billion in 2025, then soared by 127.93% to $2.5 billion in 2026.
- Business Quant data shows TRP's Invested Capital at $2.5 billion in Q2 2026, $1.1 billion in Q4 2025, and $2.1 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.04 Bn | 113.17 Bn | 3.07 Bn | 29.70 Bn |
| 2 | Enbridge | 111.19 Bn | 111.69 Bn | 5.23 Bn | 4.85 Bn |
| 3 | Enterprise Products Partners | 83.98 Bn | 83.12 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 72.48 Bn | 71.45 Bn | 7.40 Bn | 12.00 Mn |
| 5 | Tc Energy | 66.71 Bn | 66.18 Bn | 1.24 Bn | 2.53 Bn |
| 6 | Mplx | 60.30 Bn | 59.27 Bn | 2.73 Bn | 26.01 Bn |
| 7 | Oneok | 59.88 Bn | 59.82 Bn | 2.81 Bn | 1.50 Bn |
| 8 | Targa Resources | 59.14 Bn | 59.14 Bn | 2.14 Bn | 18.46 Bn |
| 9 | Cheniere Energy | 56.12 Bn | 60.17 Bn | 5.29 Bn | 1.41 Bn |
| 10 | Venture Global | 34.82 Bn | 35.11 Bn | 2.92 Bn | 287.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.53 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Jun 30, 2025 | 2.25 Bn |
| Mar 31, 2025 | 1.72 Bn |
| Dec 31, 2024 | 2.12 Bn |
| Sep 30, 2024 | 3.22 Bn |
| Jun 30, 2024 | 2.69 Bn |
| Mar 31, 2024 | 2.29 Bn |
| Dec 31, 2023 | 2.16 Bn |
| Sep 30, 2023 | 1.58 Bn |
| Jun 30, 2023 | 2.04 Bn |
| Mar 31, 2023 | 1.66 Bn |
| Dec 31, 2022 | 1.40 Bn |
| Sep 30, 2022 | 829.62 Mn |
| Jun 30, 2022 | 1.25 Bn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 1.05 Bn |
| Sep 30, 2021 | 5.86 Bn |
| Jun 30, 2021 | 4.89 Bn |