Tc Energy (TRP) Price to Earnings (2009 - 2026)
Tc Energy's (TRP) Price to Earnings stood at 21.46 in Q3 2026, down 8.1% from 23.36 a year earlier and down 21.8% from the prior quarter.
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Analysis
Tc Energy (TRP) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Tc Energy's Price to Earnings came in at 23.53, up 63.3% from FY2024.
- Across earlier years, Price to Earnings came in at 14.41 in FY2024 (-25.5%), 19.34 in FY2023 (-76.5%), 82.30 in FY2022 (+161.1%) and 31.52 in FY2021 (+173.9%).
- The Q3 2026 figure is the lowest quarterly Price to Earnings since Q2 2025.
- On a year-over-year basis, Price to Earnings rose in five of the last eight quarters, with growth averaging 28.4%.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 173.3% in Q2 2023, against a decline of 73.2% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.44 (Q2 2026), 27.13 (Q1 2026) and 23.58 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.46 |
| Jun 30, 2026 | 27.44 |
| Mar 31, 2026 | 27.13 |
| Dec 31, 2025 | 23.58 |
| Sep 30, 2025 | 23.36 |
| Jun 30, 2025 | 16.64 |
| Mar 31, 2025 | 15.58 |
| Dec 31, 2024 | 14.39 |
| Sep 30, 2024 | 13.19 |
| Jun 30, 2024 | 15.58 |
| Mar 31, 2024 | 20.79 |
| Dec 31, 2023 | 19.45 |
| Jun 30, 2023 | 55.88 |
| Mar 31, 2023 | 31.76 |
| Dec 31, 2022 | 72.62 |
| Sep 30, 2022 | 15.73 |
| Jun 30, 2022 | 20.44 |
| Mar 31, 2022 | 21.44 |
| Dec 31, 2021 | 31.18 |
| Sep 30, 2021 | 31.41 |
API Access
Tc Energy Price to Earnings 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=price-to-earnings&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();