Tc Energy (TRP) Payables (2009 - 2025)
Tc Energy's (TRP) quarterly Payables came in at $1.5 billion in Q4 2025, up 66.9% year-on-year from $902.7 million in Q4 2024, and down 37.0% quarter-over-quarter from $2.4 billion in Q3 2025.
Tc Energy (TRP) Payables (2009 - 2025) Analysis & Trends
Tc Energy's Payables history runs 17 years deep, the most recent figure standing at $1.5 billion for Q4 2025.
- On a quarterly basis, Payables rose 66.9% year-over-year to $1.5 billion in Q4 2025; TTM through Dec 2025 was $1.5 billion, a 66.9% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 63.27% from the prior year.
- Payables slipped to $1.5 billion in Q4 2025 per TRP's latest filing, from $2.4 billion in the prior quarter.
- Across five years, Payables topped out at $5.5 billion in Q3 2022 and bottomed at $719.1 million in Q4 2023.
- The 5-year median for Payables is $2.2 billion (2021), against an average of $2.7 billion.
- Across the five-year window, Payables jumped 175.27% in 2022 and sank 86.43% in 2023, its largest moves.
- Year by year, Payables stood at $4.8 billion in 2021, then gained by 10.48% to $5.3 billion in 2022, then sank by 86.43% to $719.1 million in 2023, then climbed by 25.53% to $902.7 million in 2024, then jumped by 66.9% to $1.5 billion in 2025.
- Per Business Quant, the three latest TRP Payables figures stand at $1.5 billion (Q4 2025), $2.4 billion (Q3 2025), and $2.4 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn | 33.93 Mn |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn | 7.50 Mn |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn | 1.09 Bn |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn | 1.37 Bn |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - | 2.29 Bn |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn | 1.51 Bn |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn | 53.00 Mn |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn | 1.99 Bn |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn | 126.00 Mn |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 Bn | 5.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.51 Bn |
| Sep 30, 2025 | 2.39 Bn |
| Jun 30, 2025 | 2.40 Bn |
| Mar 31, 2025 | 1.69 Bn |
| Dec 31, 2024 | 902.69 Mn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.88 Bn |
| Mar 31, 2024 | 1.03 Bn |
| Dec 31, 2023 | 719.11 Mn |
| Sep 30, 2023 | 910.78 Mn |
| Jun 30, 2023 | 2.64 Bn |
| Mar 31, 2023 | 3.69 Bn |
| Dec 31, 2022 | 5.30 Bn |
| Sep 30, 2022 | 5.49 Bn |
| Jun 30, 2022 | 4.99 Bn |
| Mar 31, 2022 | 5.02 Bn |
| Dec 31, 2021 | 4.80 Bn |
| Sep 30, 2021 | 3.21 Bn |
| Jun 30, 2021 | 2.08 Bn |
| Mar 31, 2021 | 1.82 Bn |