Tc Energy (TRP) Payout Ratio (2009 - 2026)
Tc Energy (TRP) posted Payout Ratio of 0.38 for Q2 2026, up 27.32% on a QoQ basis from 0.53 in Q4 2025, and down 283.35% year-over-year from 0.21 in Q2 2025.
Analysis
Tc Energy (TRP) Payout Ratio (2009 - 2026) Analysis & Trends
Tc Energy has reported Payout Ratio for 18 years, with the latest figure at 0.38 in Q2 2026.
- On a quarterly basis, Payout Ratio fell 283.35% year-over-year to 0.38 in Q2 2026; TTM through Jun 2026 was 0.32, a 94.96% decrease from a year earlier, with the FY2025 full-year figure at 0.27, down 66.26% from the prior year.
- Payout Ratio was 0.38 for Q2 2026 at Tc Energy, up from 0.53 in the prior quarter.
- The five-year high for Payout Ratio was 0.06 in Q3 2023, with the low at 0.53 in Q4 2025.
- Average Payout Ratio over 5 years is 0.13, with a median of 0.09 recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Payout Ratio soared 569.59% in 2023, then tumbled 1370.84% in 2024.
- Over 5 years, Payout Ratio stood at 0.01 in 2022, then slumped by 855.28% to 0.06 in 2023, then tumbled by 54.26% to 0.09 in 2024, then plunged by 493.34% to 0.53 in 2025, then increased by 27.32% to 0.38 in 2026.
- The last three Payout Ratio figures came in at 0.38 (Q2 2026), 0.53 (Q4 2025), and 0.18 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.38 |
| Dec 31, 2025 | -0.53 |
| Sep 30, 2025 | -0.18 |
| Jun 30, 2025 | -0.10 |
| Mar 31, 2025 | -0.22 |
| Dec 31, 2024 | -0.09 |
| Sep 30, 2024 | -0.21 |
| Jun 30, 2024 | -0.09 |
| Mar 31, 2024 | -0.24 |
| Dec 31, 2023 | -0.06 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | -0.06 |
| Mar 31, 2023 | -0.02 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2022 | -0.01 |
| Jun 30, 2022 | -0.01 |
| Mar 31, 2022 | -0.03 |
| Dec 31, 2021 | -0.01 |
| Sep 30, 2021 | -0.01 |
| Jun 30, 2021 | -0.01 |