Tc Energy (TRP) Property, Plant & Equipment (Net) (2009 - 2026)
Tc Energy (TRP) recorded Property, Plant & Equipment (Net) of $51.83 billion in Q3 2026, up 1.3% from $51.19 billion a year earlier and up 0.5% from the prior quarter.
Tc Energy (TRP) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Tc Energy reported Property, Plant & Equipment (Net) of $51.88 billion, down 3.9% from FY2024.
- Annual Property, Plant & Equipment (Net) has a five-year compound annual growth rate of -1.1% (FY2020 to FY2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $54.01 billion in FY2024 (+2.9%), $52.5 billion in FY2023 (-6.3%), $56.04 billion in FY2022 (+1.8%) and $55.07 billion in FY2021 (+0.6%).
- Quarterly Property, Plant & Equipment (Net) has ranged from $50.76 billion in Q2 2025 to $62.31 billion in Q3 2024 over the past five years.
- On a year-over-year basis, Property, Plant & Equipment (Net) rose in three of the last eight quarters, with an average decline of 6.0%.
- Peak year-over-year performance for Property, Plant & Equipment (Net) in the last five years was growth of 8.6% in Q3 2023, against a decline of 17.9% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $51.59 billion (Q2 2026), $51.71 billion (Q1 2026) and $51.88 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 98.94 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 52.53 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 52.59 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 40.89 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 51.83 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 104.38 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 23.96 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 37.47 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 23.08 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 49.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.83 Bn |
| Jun 30, 2026 | 51.59 Bn |
| Mar 31, 2026 | 51.71 Bn |
| Dec 31, 2025 | 51.88 Bn |
| Sep 30, 2025 | 51.19 Bn |
| Jun 30, 2025 | 50.76 Bn |
| Mar 31, 2025 | 54.51 Bn |
| Dec 31, 2024 | 54.01 Bn |
| Sep 30, 2024 | 62.31 Bn |
| Jun 30, 2024 | 61.06 Bn |
| Mar 31, 2024 | 60.55 Bn |
| Dec 31, 2023 | 52.50 Bn |
| Sep 30, 2023 | 59.60 Bn |
| Jun 30, 2023 | 58.87 Bn |
| Mar 31, 2023 | 57.29 Bn |
| Dec 31, 2022 | 56.04 Bn |
| Sep 30, 2022 | 54.87 Bn |
| Jun 30, 2022 | 56.36 Bn |
| Mar 31, 2022 | 56.47 Bn |
| Dec 31, 2021 | 55.07 Bn |
Tc Energy Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=TRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();