Tc Energy (TRP) Non-Current Debt (2009 - 2025)
Tc Energy (TRP) posted Non-Current Debt of $32.4 billion for Q4 2025, up 0.65% on a QoQ basis from $32.2 billion in Q3 2025, and up 0.78% year-on-year from $32.2 billion in Q4 2024.
Tc Energy (TRP) Non-Current Debt (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Non-Current Debt across 17 years of filings, most recently posting $32.4 billion for Q4 2025.
- Non-Current Debt for Q4 2025 came in at $32.4 billion, up 0.78% year-over-year; the trailing twelve-month figure through Dec 2025 was $32.4 billion (up 0.78% YoY), and the FY2025 annual result was $32.4 billion, down 1.42% from the prior year.
- Non-Current Debt came in at $32.4 billion for Q4 2025 at Tc Energy, up from $32.2 billion in the prior quarter.
- Over the last five years, Non-Current Debt for TRP reached as high as $40.8 billion in Q3 2024 and fell as low as $27.9 billion in Q3 2021.
- Median Non-Current Debt over the past 5 years was $32.1 billion (2025), compared with a mean of $32.9 billion.
- Year-over-year, Non-Current Debt grew 25.69% in 2023 and decreased 20.91% in 2025.
- Over 5 years, 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 75.11 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.87 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 31.20 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 69.32 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 18.43 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 24.38 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 30.76 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 12.61 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 36.46 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn | 32.45 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 32.45 Bn |
| Dec 31, 2025 | 32.45 Bn |
| Sep 30, 2025 | 32.24 Bn |
| Sep 30, 2025 | 32.24 Bn |
| Jun 30, 2025 | 31.28 Bn |
| Jun 30, 2025 | 31.28 Bn |
| Mar 31, 2025 | 31.98 Bn |
| Mar 31, 2025 | 31.98 Bn |
| Dec 31, 2024 | 32.20 Bn |
| Dec 31, 2024 | 32.20 Bn |
| Sep 30, 2024 | 40.76 Bn |
| Sep 30, 2024 | 40.76 Bn |
| Jun 30, 2024 | 35.93 Bn |
| Jun 30, 2024 | 35.93 Bn |
| Mar 31, 2024 | 37.56 Bn |
| Mar 31, 2024 | 37.56 Bn |
| Dec 31, 2023 | 36.71 Bn |
| Dec 31, 2023 | 36.71 Bn |
| Sep 30, 2023 | 39.33 Bn |
| Sep 30, 2023 | 39.33 Bn |