Growth Metrics

Tc Energy (TRP) Operating Margin (2016 - 2025)

Historic Operating Margin for Tc Energy (TRP) over the last 15 years, with Q4 2025 value amounting to 98.63%.

  • Tc Energy's Operating Margin rose 46600.0% to 98.63% in Q4 2025 from the same period last year, while for Dec 2025 it was 98.54%, marking a year-over-year increase of 1100.0%. This contributed to the annual value of 43.01% for FY2025, which is 25700.0% up from last year.
  • Tc Energy's Operating Margin amounted to 98.63% in Q4 2025, which was up 46600.0% from 98.49% recorded in Q3 2025.
  • Tc Energy's 5-year Operating Margin high stood at 99.1% for Q4 2023, and its period low was 93.97% during Q4 2024.
  • Its 4-year average for Operating Margin is 97.66%, with a median of 98.49% in 2025.
  • Its Operating Margin has fluctuated over the past 5 years, first tumbled by -51300bps in 2024, then skyrocketed by 46600bps in 2025.
  • Tc Energy's Operating Margin (Quarter) stood at 97.4% in 2022, then increased by 2bps to 99.1% in 2023, then dropped by -5bps to 93.97% in 2024, then rose by 5bps to 98.63% in 2025.
  • Its last three reported values are 98.63% in Q4 2025, 98.49% for Q3 2025, and 98.58% during Q2 2025.