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Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCommon EquityConstruction in ProgressCurrent AssetsCurrent Deferred RevenueDividends payablesGoodwillGoodwill & IntangiblesInventoryLiabilities and Shareholders EquityLiabilities from Discontinued OperationsLiabilities from Discontinued OperationsLong-Term InvestmentsMinority InterestNon-Current AssetsNon-Current DebtNon-Current Deferred Tax LiabilityNon-Current Deferred Tax LiabilityNotes PayablesOperating LeasesOther Accumulated ExpensesOther Non-Current AssetsOther Non-Current LiabilitiesPayablesPreferred SharesPrepaid AssetsProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)ReceivablesReceivables - NetReceivables - OtherRetained EarningsShareholder's EquityShares OutstandingShort term DebtShort-term InvestmentsTotal Current LiabilitiesTotal DebtTotal LiabilitiesTotal Non-Current Liabilities
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Tc Energy (TRP) Liabilities and Shareholders Equity (2009 - 2025)

Tc Energy's quarterly Liabilities and Shareholders Equity came in at $85.2 billion in Q4 2025, up 0.6% year-on-year from $84.6 billion in Q4 2024, and up 0.6% quarter-over-quarter from $84.6 billion in Q4 2024.

Tc Energy has reported Liabilities and Shareholders Equity for 17 years, with the latest figure at $85.2 billion in Q4 2025.

  • For the quarter ending Q4 2025, Liabilities and Shareholders Equity rose 0.6% year-over-year to $85.2 billion; the trailing twelve-month figure through Dec 2025 stood at $85.2 billion (up 0.6% YoY), and the FY2025 full-year result was $85.2 billion, down 1.4% from the prior year.
  • Liabilities and Shareholders Equity for Q4 2025 stood at $85.2 billion, up from $84.6 billion in the prior quarter.
  • The five-year high for Liabilities and Shareholders Equity was $91.8 billion in Q4 2023, with the low at $82.7 billion in Q4 2021.
  • Average Liabilities and Shareholders Equity over 5 years is $85.7 billion, with a median of $84.6 billion recorded in 2024.
  • Year-over-year, Liabilities and Shareholders Equity rose 9.02% in 2023 and retreated 7.84% in 2024.
  • Tracing TRP's Liabilities and Shareholders Equity over 5 years: stood at $82.7 billion in 2021, then advanced by 1.89% to $84.2 billion in 2022, then advanced by 9.02% to $91.8 billion in 2023, then dropped by 7.84% to $84.6 billion in 2024, then rose by 0.6% to $85.2 billion in 2025.
  • The last three Liabilities and Shareholders Equity figures came in at $85.2 billion (Q4 2025), $84.6 billion (Q4 2024), and $91.8 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 Enbridge 92.35 Bn 93.05 Bn 6.70 Bn 166.41 Bn
2 Enterprise Products Partners 85.76 Bn 84.61 Bn - 80.56 Bn
3 Kinder Morgan 75.18 Bn 76.26 Bn 3.08 Bn 73.07 Bn
4 Energy Transfer 69.05 Bn 68.33 Bn 6.62 Bn 147.48 Bn
5 Targa Resources 59.45 Bn 59.48 Bn 1.70 Bn 27.11 Bn
6 Oneok 58.54 Bn 58.41 Bn 2.57 Bn 68.20 Bn
7 Mplx 57.32 Bn 55.81 Bn 2.54 Bn 42.93 Bn
8 Tc Energy 52.88 Bn 54.07 Bn 2.95 Bn 85.15 Bn
9 Cheniere Energy 50.70 Bn 52.90 Bn 5.86 Bn 46.85 Bn
10 Venture Global 34.06 Bn 34.01 Bn 4.33 Bn 56.30 Bn

Historic Data

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DateValue
Dec 31, 2025 85.15 Bn
Dec 31, 2024 84.64 Bn
Dec 31, 2023 91.84 Bn
Dec 31, 2022 84.24 Bn
Dec 31, 2021 82.68 Bn
Dec 31, 2020 76.94 Bn
Sep 30, 2020 76.44 Bn
Jun 30, 2020 73.42 Bn
Mar 31, 2020 80.42 Bn
Dec 31, 2019 75.20 Bn
Sep 30, 2019 75.47 Bn
Jun 30, 2019 73.57 Bn
Dec 31, 2018 74.94 Bn
Dec 31, 2017 67.77 Bn
Dec 31, 2016 66.01 Bn
Mar 31, 2016 46.60 Bn
Dec 31, 2015 48.26 Bn
Dec 31, 2014 51.54 Bn
Dec 31, 2013 51.38 Bn
Dec 31, 2012 48.78 Bn
Dec 31, 2011 46.25 Bn
Dec 31, 2010 46.59 Bn
Sep 30, 2010 46.62 Bn
Dec 31, 2009 43.84 Bn