Tc Energy (TRP) Payout Ratio (2009 - 2026)
Tc Energy's (TRP) Payout Ratio came in at 1.05 for Q2 2026, up 19.1% from 0.88 a year earlier.
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Analysis
Tc Energy (TRP) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Tc Energy's Payout Ratio stood at 1.03, up 19.9% from FY2024.
- In prior years, Tc Energy's Payout Ratio was 0.86 in FY2024 (-12.7%), 0.99 in FY2023 (-80.2%), 4.98 in FY2022 (+172.5%) and 1.83 in FY2021 (+172.7%).
- Quarterly Payout Ratio has run from a low of 0.77 in Q3 2024 to a high of 4.41 in Q4 2022 over five years.
- On a year-over-year basis, Payout Ratio increased in three of the last six quarters, with growth averaging 4.6%.
- The strongest year-over-year quarter for Payout Ratio in the past five years was Q3 2021, with growth of 194.4%; the weakest was Q4 2023, with a decline of 77.6%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.92 |
| Jun 30, 2026 | 1.03 |
| Mar 31, 2026 | 1.07 |
| Dec 31, 2025 | 1.03 |
| Sep 30, 2025 | 1.07 |
| Jun 30, 2025 | 0.88 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.86 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 1.03 |
| Mar 31, 2024 | 1.15 |
| Dec 31, 2023 | 0.99 |
| Jun 30, 2023 | 2.74 |
| Mar 31, 2023 | 1.82 |
| Dec 31, 2022 | 4.41 |
| Sep 30, 2022 | 1.08 |
| Jun 30, 2022 | 1.09 |
| Mar 31, 2022 | 1.05 |
| Dec 31, 2021 | 1.81 |
| Sep 30, 2021 | 1.78 |
API Access
Tc Energy Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();