Tc Energy (TRP) Non-Current Debt (2009 - 2025)

Tc Energy's (TRP) quarterly Non-Current Debt came in at $32.4 billion in Q4 2025, up 0.78% year-on-year from $32.2 billion in Q4 2024, and up 0.65% quarter-over-quarter from $32.2 billion in Q3 2025.

Tc Energy (TRP) Non-Current Debt (2009 - 2025) Analysis & Trends

Tc Energy's Non-Current Debt history runs 17 years deep, the most recent figure standing at $32.4 billion for Q4 2025.

  • On a quarterly basis, Non-Current Debt rose 0.78% year-over-year to $32.4 billion in Q4 2025; TTM through Dec 2025 was $32.4 billion, a 0.78% increase from a year earlier, with the FY2025 full-year figure at $32.4 billion, down 1.42% from the prior year.
  • Non-Current Debt improved to $32.4 billion in Q4 2025 per TRP's latest filing, from $32.2 billion in the prior quarter.
  • Across five years, Non-Current Debt topped out at $40.8 billion in Q3 2024 and bottomed at $27.9 billion in Q3 2021.
  • The 5-year median for Non-Current Debt is $32.2 billion (2024), against an average of $33.0 billion.
  • Across the five-year window, Non-Current Debt increased 25.69% in 2023 and slipped 20.91% in 2025, its largest moves.
  • Year by year, Non-Current Debt stood at $29.6 billion in 2021, then retreated by 1.41% to $29.2 billion in 2022, then rose by 25.69% to $36.7 billion in 2023, then fell by 12.29% to $32.2 billion in 2024, then increased by 0.78% to $32.4 billion in 2025.
  • Per Business Quant, the three latest TRP Non-Current Debt figures stand at $32.4 billion (Q4 2025), $32.2 billion (Q3 2025), and $31.3 billion (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 5.53 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 1.71 Bn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 29.81 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 75.11 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 31.20 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 32.45 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 69.34 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 18.43 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 32.00 Bn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 24.38 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 32.45 Bn
Sep 30, 2025 32.24 Bn
Jun 30, 2025 31.28 Bn
Mar 31, 2025 31.98 Bn
Dec 31, 2024 32.20 Bn
Sep 30, 2024 40.76 Bn
Jun 30, 2024 35.93 Bn
Mar 31, 2024 37.56 Bn
Dec 31, 2023 36.71 Bn
Sep 30, 2023 39.33 Bn
Jun 30, 2023 34.30 Bn
Mar 31, 2023 34.21 Bn
Dec 31, 2022 29.21 Bn
Sep 30, 2022 31.37 Bn
Jun 30, 2022 31.37 Bn
Mar 31, 2022 29.19 Bn
Dec 31, 2021 29.62 Bn
Sep 30, 2021 27.88 Bn
Jun 30, 2021 29.12 Bn
Dec 31, 2020 26.78 Bn