Tc Energy (TRP) Non-Current Deferred Tax Liability (2010 - 2025)
Tc Energy's (TRP) quarterly Non-Current Deferred Tax Liability came in at $5.5 billion in Q4 2025, up 11.71% year-on-year from $4.9 billion in Q4 2024, and little changed quarter-over-quarter from $5.5 billion in Q3 2025.
Tc Energy (TRP) Non-Current Deferred Tax Liability (2010 - 2025) Analysis & Trends
Tc Energy's Non-Current Deferred Tax Liability history runs 16 years deep, the most recent figure standing at $5.5 billion for Q4 2025.
- On a quarterly basis, Non-Current Deferred Tax Liability rose 11.71% year-over-year to $5.5 billion in Q4 2025; TTM through Dec 2025 was $5.5 billion, a 11.71% increase from a year earlier, with the FY2025 full-year figure at $5.5 billion, up 9.28% from the prior year.
- Non-Current Deferred Tax Liability was little changed at $5.5 billion in Q4 2025 per TRP's latest filing, from $5.5 billion in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $6.3 billion in Q3 2023 and bottomed at $3.9 billion in Q1 2021.
- The 5-year median for Non-Current Deferred Tax Liability is $5.3 billion (2025), against an average of $5.3 billion.
- Across the five-year window, Non-Current Deferred Tax Liability advanced 26.16% in 2022 and slipped 20.07% in 2025, its largest moves.
- Year by year, Non-Current Deferred Tax Liability stood at $4.9 billion in 2021, then rose by 15.63% to $5.6 billion in 2022, then declined by 9.11% to $5.1 billion in 2023, then retreated by 3.77% to $4.9 billion in 2024, then increased by 11.71% to $5.5 billion in 2025.
- Per Business Quant, the three latest TRP Non-Current Deferred Tax Liability figures stand at $5.5 billion (Q4 2025), $5.5 billion (Q3 2025), and $5.2 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.51 Bn |
| Dec 31, 2025 | 5.51 Bn |
| Sep 30, 2025 | 5.48 Bn |
| Sep 30, 2025 | 5.48 Bn |
| Jun 30, 2025 | 5.22 Bn |
| Jun 30, 2025 | 5.22 Bn |
| Mar 31, 2025 | 5.02 Bn |
| Mar 31, 2025 | 5.02 Bn |
| Dec 31, 2024 | 4.93 Bn |
| Dec 31, 2024 | 4.93 Bn |
| Sep 30, 2024 | 5.77 Bn |
| Sep 30, 2024 | 5.77 Bn |
| Jun 30, 2024 | 5.68 Bn |
| Jun 30, 2024 | 5.68 Bn |
| Mar 31, 2024 | 6.29 Bn |
| Mar 31, 2024 | 6.29 Bn |
| Dec 31, 2023 | 5.12 Bn |
| Dec 31, 2023 | 5.12 Bn |
| Sep 30, 2023 | 6.29 Bn |
| Sep 30, 2023 | 6.29 Bn |