Tc Energy (TRP) Receivables (2009 - 2025)
Tc Energy's (TRP) quarterly Receivables came in at $2.2 billion in Q4 2025, up 8.62% year-on-year from $2.0 billion in Q4 2024, and up 20.07% quarter-over-quarter from $1.8 billion in Q3 2025.
Tc Energy (TRP) Receivables (2009 - 2025) Analysis & Trends
Tc Energy's Receivables history runs 17 years deep, the most recent figure standing at $2.2 billion for Q4 2025.
- On a quarterly basis, Receivables rose 8.62% year-over-year to $2.2 billion in Q4 2025; TTM through Dec 2025 was $2.2 billion, a 8.62% increase from a year earlier, with the FY2025 full-year figure at $2.9 billion, up 34.8% from the prior year.
- Receivables grew to $2.2 billion in Q4 2025 per TRP's latest filing, from $1.8 billion in the prior quarter.
- Across five years, Receivables topped out at $3.1 billion in Q1 2024 and bottomed at $1.4 billion in Q3 2021.
- The 5-year median for Receivables is $2.1 billion (2021), against an average of $2.2 billion.
- Across the five-year window, Receivables soared 93.85% in 2022 and tumbled 42.43% in 2025, its largest moves.
- Year by year, Receivables stood at $1.5 billion in 2021, then climbed by 2.67% to $1.5 billion in 2022, then grew by 24.66% to $1.9 billion in 2023, then gained by 4.94% to $2.0 billion in 2024, then increased by 8.62% to $2.2 billion in 2025.
- Per Business Quant, the three latest TRP Receivables figures stand at $2.2 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 85.29 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.56 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.69 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 8.34 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 2.16 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 15.73 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 1.69 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.67 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 1.78 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.16 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 1.80 Bn |
| Dec 31, 2024 | 1.99 Bn |
| Sep 30, 2024 | 2.58 Bn |
| Jun 30, 2024 | 2.94 Bn |
| Mar 31, 2024 | 3.13 Bn |
| Dec 31, 2023 | 1.89 Bn |
| Sep 30, 2023 | 2.66 Bn |
| Jun 30, 2023 | 2.33 Bn |
| Mar 31, 2023 | 2.34 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 30, 2022 | 2.73 Bn |
| Jun 30, 2022 | 3.00 Bn |
| Mar 31, 2022 | 2.55 Bn |
| Dec 31, 2021 | 1.48 Bn |
| Sep 30, 2021 | 1.41 Bn |
| Jun 30, 2021 | 2.04 Bn |
| Mar 31, 2021 | 2.12 Bn |