Tc Energy (TRP) Notes Payables (2009 - 2026)
Tc Energy (TRP) reported Short-Term Borrowings of $577.1 million for Q2 2026, down 67.3% from $1.77 billion a year earlier.
Analysis
Tc Energy (TRP) Notes Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Tc Energy posted Short-Term Borrowings of $876.25 million, up 224.9% from FY2024.
- Short-Term Borrowings has a five-year compound annual growth rate of -23.2% (FY2020 to FY2025).
- By year, Short-Term Borrowings came in at $269.69 million in FY2024, $4.62 billion in FY2022 (+14.0%) and $4.05 billion in FY2021 (+23.8%).
- The Q2 2026 figure ranks as the lowest quarterly Short-Term Borrowings since Q4 2024.
- Year over year, Short-Term Borrowings gained in five of the last six quarters, with growth averaging 169.1%.
- The high point for year-over-year Short-Term Borrowings in five years was Q3 2025 (growth of 449.8%); the low point was Q3 2023 (a decline of 96.0%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.96 Bn |
| Jun 30, 2026 | 577.10 Mn |
| Mar 31, 2026 | 1.60 Bn |
| Dec 31, 2025 | 876.25 Mn |
| Sep 30, 2025 | 1.72 Bn |
| Jun 30, 2025 | 1.77 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 269.69 Mn |
| Sep 30, 2024 | 312.39 Mn |
| Jun 30, 2024 | 1.14 Bn |
| Mar 31, 2024 | 281.47 Mn |
| Sep 30, 2023 | 180.86 Mn |
| Jun 30, 2023 | 1.95 Bn |
| Mar 31, 2023 | 2.98 Bn |
| Dec 31, 2022 | 4.62 Bn |
| Sep 30, 2022 | 4.56 Bn |
| Jun 30, 2022 | 4.24 Bn |
| Mar 31, 2022 | 4.38 Bn |
| Dec 31, 2021 | 4.05 Bn |
| Sep 30, 2021 | 2.49 Bn |
API Access
Tc Energy Notes Payables 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=notes-payables&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();