Tc Energy (TRP) Non-Current Debt (2009 - 2026)
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 (2009 - 2026) 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 | 102.52 Bn | 100.06 Bn | 4.84 Bn | 75.08 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 31.21 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 68.39 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 29.81 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 32.61 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 19.02 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 24.39 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 30.77 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 22.63 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 41.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.61 Bn |
| 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 |
| 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 |
| Mar 31, 2021 | 31.31 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();