Tc Energy (TRP) Tax Provisions (2009 - 2025)
Tc Energy's (TRP) quarterly Tax Provisions came in at $102.5 million in Q4 2025, down 18.61% year-on-year from $126.0 million in Q4 2024, and up 19.59% quarter-over-quarter from $85.7 million in Q3 2025.
Tc Energy (TRP) Tax Provisions (2009 - 2025) Analysis & Trends
Tc Energy's Tax Provisions history runs 17 years deep, the most recent figure standing at $102.5 million for Q4 2025.
- On a quarterly basis, Tax Provisions fell 18.61% year-over-year to $102.5 million in Q4 2025; TTM through Dec 2025 was $262.7 million, a 27.07% decrease from a year earlier, with the FY2025 full-year figure at $262.7 million, down 27.35% from the prior year.
- Tax Provisions grew to $102.5 million in Q4 2025 per TRP's latest filing, from $85.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $588.4 million in Q4 2023 and bottomed at -$90.4 million in Q4 2021.
- The 5-year median for Tax Provisions is $83.6 million (2022), against an average of $101.1 million.
- Across the five-year window, Tax Provisions slumped 236.87% in 2021 and surged 1347.88% in 2023, its largest moves.
- Year by year, Tax Provisions stood at -$90.4 million in 2021, then jumped by 47.87% to -$47.1 million in 2022, then surged by 1347.88% to $588.4 million in 2023, then plunged by 78.59% to $126.0 million in 2024, then fell by 18.61% to $102.5 million in 2025.
- Per Business Quant, the three latest TRP Tax Provisions figures stand at $102.5 million (Q4 2025), $85.7 million (Q3 2025), and $16.6 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn | -126,000.00 |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn | -23,000.00 |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn | 428.04 Mn |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn | 287.00 Mn |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - | 22.00 Mn |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn | 102.54 Mn |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn | 135.00 Mn |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn | 1.00 Mn |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 Bn | 245.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 102.54 Mn |
| Sep 30, 2025 | 85.74 Mn |
| Jun 30, 2025 | 16.60 Mn |
| Mar 31, 2025 | 57.84 Mn |
| Dec 31, 2024 | 125.99 Mn |
| Sep 30, 2024 | 151.74 Mn |
| Jun 30, 2024 | 39.48 Mn |
| Mar 31, 2024 | 43.04 Mn |
| Dec 31, 2023 | 588.36 Mn |
| Sep 30, 2023 | 72.36 Mn |
| Jun 30, 2023 | 85.61 Mn |
| Mar 31, 2023 | 82.85 Mn |
| Dec 31, 2022 | -47.15 Mn |
| Sep 30, 2022 | 84.34 Mn |
| Jun 30, 2022 | 73.73 Mn |
| Mar 31, 2022 | 217.11 Mn |
| Dec 31, 2021 | -90.44 Mn |
| Sep 30, 2021 | 120.75 Mn |
| Jun 30, 2021 | 47.18 Mn |
| Mar 31, 2021 | 165.13 Mn |