Tc Energy (TRP) Non-Current Debt (2011 - 2025)
Tc Energy's Non-Current Debt came in at $32.61 billion for the quarter ended Jun 30, 2026, up 4.3% from $31.28 billion a year earlier.
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Analysis
Tc Energy (TRP) Non-Current Debt (2011 - 2025) Analysis & Trends
As of Dec 31, 2025, Tc Energy's Non-Current Debt was $32.38 billion, down 1.4% from the prior year.
- Non-Current Debt carries a five-year compound annual growth rate of 4.4% (years ended Dec 2020 to Dec 2025).
- Going back by year, Non-Current Debt was $32.85 billion in the year ended Dec 31, 2024 (-11.3%), $37.04 billion in the year ended Dec 31, 2023 (+21.5%), $30.49 billion in the year ended Dec 31, 2022 (+2.3%) and $29.8 billion in the year ended Dec 31, 2021 (+14.3%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Non-Current Debt since the quarter ended Sep 30, 2024.
- Year-over-year, Non-Current Debt increased in three of the last six quarters, with an average decline of 6.7%.
- The fastest year-over-year change in Non-Current Debt over five years came in the quarter ended Sep 30, 2023 (growth of 25.4%), and the weakest in the quarter ended Sep 30, 2025 (a decline of 20.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | 73.09 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | 5.89 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | 31.21 Bn |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | 29.81 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | 68.39 Bn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | 2.48 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | 19.02 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 22.63 Bn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | 24.39 Bn |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn | 30.77 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 33.04 Bn |
| Dec 31, 2024 | 31.34 Bn |
| Dec 31, 2023 | 37.78 Bn |
| Dec 31, 2022 | 29.25 Bn |
| Dec 31, 2021 | 29.30 Bn |
| Dec 31, 2020 | 27.38 Bn |
| Dec 31, 2019 | 26.25 Bn |
| Dec 31, 2018 | 26.80 Bn |
| Dec 31, 2017 | 25.37 Bn |
| Dec 31, 2016 | 28.43 Bn |
| Dec 31, 2015 | 20.84 Bn |
| Dec 31, 2014 | 19.78 Bn |
| Dec 31, 2013 | 20.57 Bn |
| Sep 30, 2013 | 28.04 Bn |
| Dec 31, 2012 | 18.12 Bn |
| Mar 31, 2012 | 27.61 Bn |
| Dec 31, 2011 | 17.37 Bn |
API Access
Tc Energy Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();