Tc Energy (TRP) Other Working Capital Changes (2009 - 2025)

Tc Energy's (TRP) quarterly Other Working Capital Changes came in at -$180.7 million in Q4 2025, down 149.3% year-on-year from $366.5 million in Q4 2024, and down 291.3% quarter-over-quarter from $94.5 million in Q3 2025.

Tc Energy (TRP) Other Working Capital Changes (2009 - 2025) Analysis & Trends

Tc Energy's Other Working Capital Changes history runs 17 years deep, the most recent figure standing at -$180.7 million for Q4 2025.

  • On a quarterly basis, Other Working Capital Changes fell 149.3% year-over-year to -$180.7 million in Q4 2025; TTM through Dec 2025 was -$346.6 million, a 358.1% decrease from a year earlier, with the FY2025 full-year figure at -$360.0 million, down 347.68% from the prior year.
  • Other Working Capital Changes declined to -$180.7 million in Q4 2025 per TRP's latest filing, from $94.5 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $366.5 million in Q4 2024 and bottomed at -$484.7 million in Q2 2022.
  • The 5-year median for Other Working Capital Changes is $4.8 million (2021), against an average of -$39.2 million.
  • Across the five-year window, Other Working Capital Changes tumbled 2106.77% in 2022 and jumped 272.93% in 2023, its largest moves.
  • Year by year, Other Working Capital Changes stood at -$202.3 million in 2021, then jumped by 53.39% to -$94.3 million in 2022, then soared by 272.93% to $163.1 million in 2023, then soared by 124.76% to $366.5 million in 2024, then tumbled by 149.3% to -$180.7 million in 2025.
  • Per Business Quant, the three latest TRP Other Working Capital Changes figures stand at -$180.7 million (Q4 2025), $94.5 million (Q3 2025), and $150.8 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,970.16 Bn 2,970.04 Bn 167.16 Mn
2 Flex LNG 1,659.01 Bn 1,658.62 Bn 61.79 Mn
3 Enbridge 124.02 Bn 122.70 Bn 5.10 Bn
4 Kinder Morgan 112.83 Bn 112.65 Bn 3.08 Bn
5 Enterprise Products Partners 83.80 Bn 82.61 Bn -
6 Tc Energy 73.34 Bn 67.65 Bn 1.36 Bn
7 Energy Transfer 70.48 Bn 69.51 Bn 6.62 Bn
8 Targa Resources 60.56 Bn 60.46 Bn 1.70 Bn
9 Mplx 59.64 Bn 58.13 Bn 1.95 Bn
10 Oneok 58.81 Bn 58.63 Bn 8.98 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -180.71 Mn
Dec 31, 2025 -180.71 Mn
Dec 31, 2025 -180.71 Mn
Sep 30, 2025 94.46 Mn
Sep 30, 2025 94.46 Mn
Sep 30, 2025 94.46 Mn
Jun 30, 2025 150.84 Mn
Jun 30, 2025 150.84 Mn
Jun 30, 2025 150.84 Mn
Mar 31, 2025 -411.18 Mn
Mar 31, 2025 -411.18 Mn
Mar 31, 2025 -411.18 Mn
Dec 31, 2024 366.51 Mn
Dec 31, 2024 366.51 Mn
Dec 31, 2024 366.51 Mn
Sep 30, 2024 148.81 Mn
Sep 30, 2024 148.81 Mn
Sep 30, 2024 148.81 Mn
Jun 30, 2024 -125.76 Mn
Jun 30, 2024 -125.76 Mn