Tc Energy (TRP) Retained Earnings (2009 - 2025)

Tc Energy's (TRP) quarterly Retained Earnings came in at -$4.2 billion in Q4 2025, down 13.25% year-on-year from -$4.9 billion in Q4 2024, and up 2.97% quarter-over-quarter from -$4.4 billion in Q3 2025.

Tc Energy (TRP) Retained Earnings (2009 - 2025) Analysis & Trends

Tc Energy's Retained Earnings history runs 17 years deep, the most recent figure standing at -$4.2 billion for Q4 2025.

  • On a quarterly basis, Retained Earnings fell 13.25% year-over-year to -$4.2 billion in Q4 2025; TTM through Dec 2025 was -$4.2 billion, a 13.25% decrease from a year earlier, with the FY2025 full-year figure at -$4.2 billion, down 10.78% from the prior year.
  • Retained Earnings climbed to -$4.2 billion in Q4 2025 per TRP's latest filing, from -$4.4 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at $3.0 billion in Q4 2021 and bottomed at -$4.4 billion in Q3 2025.
  • The 5-year median for Retained Earnings is $536.9 million (2022), against an average of -$349.0 million.
  • Across the five-year window, Retained Earnings advanced 5.72% in 2022 and sank 513.88% in 2023, its largest moves.
  • Year by year, Retained Earnings stood at $3.0 billion in 2021, then tumbled by 82.23% to $531.9 million in 2022, then sank by 513.88% to -$2.2 billion in 2023, then plunged by 70.43% to -$3.8 billion in 2024, then slipped by 13.25% to -$4.2 billion in 2025.
  • Per Business Quant, the three latest TRP Retained Earnings figures stand at -$4.2 billion (Q4 2025), -$4.4 billion (Q3 2025), and -$4.1 billion (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 DHT Holdings 2,970.16 Bn 2,970.04 Bn 167.16 Mn 1.23 Bn
2 Flex LNG 1,659.01 Bn 1,658.62 Bn 61.79 Mn 704.30 Mn
3 Enbridge 124.02 Bn 122.70 Bn 5.10 Bn -14.30 Bn
4 Kinder Morgan 112.83 Bn 112.65 Bn 3.08 Bn -9.86 Bn
5 Enterprise Products Partners 83.80 Bn 82.61 Bn - -15.00 Mn
6 Tc Energy 73.34 Bn 67.65 Bn 1.36 Bn -4.25 Bn
7 Energy Transfer 70.48 Bn 69.51 Bn 6.62 Bn 72.00 Mn
8 Targa Resources 60.56 Bn 60.46 Bn 1.70 Bn 2.56 Bn
9 Mplx 59.64 Bn 58.13 Bn 1.95 Bn 5.00 Mn
10 Oneok 58.81 Bn 58.63 Bn 8.98 Bn 2.47 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.25 Bn
Sep 30, 2025 -4.38 Bn
Jun 30, 2025 -4.14 Bn
Mar 31, 2025 -3.59 Bn
Dec 31, 2024 -3.75 Bn
Sep 30, 2024 -1.74 Bn
Jun 30, 2024 -2.08 Bn
Mar 31, 2024 -2.06 Bn
Dec 31, 2023 -2.20 Bn
Sep 30, 2023 543.04 Mn
Jun 30, 2023 541.96 Mn
Mar 31, 2023 874.32 Mn
Dec 31, 2022 531.90 Mn
Sep 30, 2022 2.44 Bn
Jun 30, 2022 2.55 Bn
Mar 31, 2022 2.57 Bn
Dec 31, 2021 2.99 Bn
Sep 30, 2021 2.80 Bn
Jun 30, 2021 2.93 Bn
Mar 31, 2021 2.44 Bn