Tc Energy TRP
NYSE TRP
$62.60 -0.30 (-0.48%)
At close: Sep 4, 2026 · 4:00 PM EDT

Tc Energy (TRP) Tax Rate (2009 - 2026)

Tc Energy (TRP) posted Tax Rate of 5.85% for Q2 2026, down 41.75% on a QoQ basis from 10.04% in Q4 2025, and up 413.0% year-over-year from 1.14% in Q2 2025.

Analysis

Tc Energy (TRP) Tax Rate (2009 - 2026) Analysis & Trends

Tc Energy has reported Tax Rate for 18 years, with the latest figure at 5.85% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 413.0% year-over-year to 5.85% in Q2 2026; TTM through Jun 2026 was 6.8%, a 118.0% decrease from a year earlier, with the FY2025 full-year figure at 20.9%, up 529.0% from the prior year.
  • Tax Rate was 5.85% for Q2 2026 at Tc Energy, down from 10.04% in the prior quarter.
  • The five-year high for Tax Rate was 50.41% in Q4 2023, with the low at 248.72% in Q3 2023.
  • Average Tax Rate over 5 years is 2.54%, with a median of 8.71% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 25981 bps in 2023, then surged 25997 bps in 2024.
  • Over 5 years, Tax Rate stood at 4.51% in 2022, then soared by 1018 bps to 50.41% in 2023, then sank by 77 bps to 11.71% in 2024, then decreased by 14 bps to 10.04% in 2025, then sank by 42 bps to 5.85% in 2026.
  • The last three Tax Rate figures came in at 5.85% (Q2 2026), 10.04% (Q4 2025), and 9.73% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 23.33%
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 0.64%
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 7.12%
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 5.85%
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 22.61%
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 0.18%
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 23.62%
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 21.97%
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 21.47%
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.85%
Dec 31, 2025 10.04%
Sep 30, 2025 9.73%
Jun 30, 2025 1.72%
Mar 31, 2025 5.65%
Dec 31, 2024 11.71%
Sep 30, 2024 11.26%
Jun 30, 2024 4.75%
Mar 31, 2024 4.07%
Dec 31, 2023 50.41%
Sep 30, 2023 -248.72%
Jun 30, 2023 21.42%
Mar 31, 2023 6.64%
Dec 31, 2022 4.51%
Sep 30, 2022 11.09%
Jun 30, 2022 8.71%
Mar 31, 2022 38.04%
Dec 31, 2021 -7.94%
Sep 30, 2021 15.95%
Jun 30, 2021 4.97%