Tc Energy (TRP) Operating Margin (2009 - 2025)
Tc Energy (TRP) posted Operating Margin of 62.64% for Q4 2025, up 1.68% on a QoQ basis from 61.61% in Q3 2025.
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Tc Energy (TRP) Operating Margin (2009 - 2025) Analysis & Trends
Tc Energy has reported Operating Margin for 5 years, with the latest figure at 62.64% in Q4 2025.
- On a quarterly basis, Operating Margin changed N/A year-over-year to 62.64% in Q4 2025; TTM through Dec 2025 was 62.43%, a N/A change from a year earlier, with the FY2025 full-year figure at 6.92%, down 3352.0% from the prior year.
- Operating Margin was 62.64% for Q4 2025 at Tc Energy, up from 61.61% in the prior quarter.
- The five-year high for Operating Margin was 64.39% in Q1 2025, with the low at 61.19% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 30.06% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.31% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 10.41% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 27.80% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 41.61% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 13.22% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 9.93% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 37.45% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 62.64% |
| Sep 30, 2025 | 61.61% |
| Jun 30, 2025 | 61.19% |
| Mar 31, 2025 | 64.39% |
| Dec 31, 2012 | 157.20% |
| Dec 31, 2011 | 171.27% |
| Dec 31, 2010 | 153.67% |
| Sep 30, 2010 | 32.17% |
| Jun 30, 2010 | 31.31% |
| Mar 31, 2010 | 31.15% |
| Dec 31, 2009 | 155.09% |
| Sep 30, 2009 | 29.52% |
| Jun 30, 2009 | 33.52% |
| Mar 31, 2009 | 35.43% |