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
DateValue
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