Tc Energy (TRP) Operating Leases (2022 - 2025)

Tc Energy (TRP) posted Operating Leases of $309.1 million for Q4 2025, down 15.51% on a QoQ basis from $365.8 million in Q4 2024, and down 15.51% year-on-year from $365.8 million in Q4 2024.

Tc Energy (TRP) Operating Leases (2022 - 2025) Analysis & Trends

Tc Energy has disclosed Operating Leases across 4 years of filings, most recently posting $309.1 million for Q4 2025.

  • Operating Leases for Q4 2025 came in at $309.1 million, down 15.51% year-over-year; the trailing twelve-month figure through Dec 2025 was $309.1 million (down 15.51% YoY), and the FY2025 annual result was $308.5 million, down 17.35% from the prior year.
  • Operating Leases came in at $309.1 million for Q4 2025 at Tc Energy, down from $365.8 million in the prior quarter.
  • Over the last five years, Operating Leases for TRP reached as high as $365.8 million in Q4 2024 and fell as low as $309.1 million in Q4 2025.
  • Median Operating Leases over the past 4 years was $326.2 million (2022), compared with a mean of $331.8 million.
  • Year-over-year, Operating Leases advanced 8.97% in 2024 and fell 15.51% in 2025.
  • Over 4 years, Operating Leases stood at $316.8 million in 2022, then advanced by 5.97% to $335.7 million in 2023, then climbed by 8.97% to $365.8 million in 2024, then slipped by 15.51% to $309.1 million in 2025.
  • Per Business Quant, the three latest TRP Operating Leases figures stand at $309.1 million (Q4 2025), $365.8 million (Q4 2024), and $335.7 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Tc Energy - - 2.95 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 309.06 Mn
Dec 31, 2024 365.80 Mn
Dec 31, 2023 335.68 Mn
Dec 31, 2022 316.78 Mn