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

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

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

Tc Energy's Tax Rate history runs 18 years deep, the most recent figure standing at 5.85% for Q2 2026.

  • In Q2 2026, Tax Rate rose 413.0% year-over-year to 5.85%; the TTM figure through Jun 2026 stood at 6.8% (down 118.0% YoY), while the FY2025 annual figure was 6.74%, down 164.0% from the prior year.
  • Tax Rate for Q2 2026 stood at 5.85%, 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.
  • The 5-year median for Tax Rate is 8.71% (2022), against an average of 2.54%.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 25981 bps in 2023, then soared 25997 bps in 2024.
  • Tc Energy's Tax Rate stood at 4.51% in 2022, then jumped by 1018 bps to 50.41% in 2023, then sank by 77 bps to 11.71% in 2024, then fell by 14 bps to 10.04% in 2025, then sank by 42 bps to 5.85% in 2026.
  • Business Quant data shows TRP's Tax Rate at 5.85% in Q2 2026, 10.04% in Q4 2025, and 9.73% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 23.33%
2 Enbridge 111.15 Bn 109.66 Bn 5.23 Bn 21.97%
3 Enterprise Products Partners 82.76 Bn 81.85 Bn - 0.64%
4 Energy Transfer 72.45 Bn 71.42 Bn 7.40 Bn 7.12%
5 Tc Energy 65.93 Bn 58.37 Bn 1.24 Bn 5.85%
6 Mplx 60.29 Bn 59.25 Bn 2.73 Bn 0.18%
7 Oneok 59.71 Bn 59.55 Bn 2.81 Bn 23.62%
8 Targa Resources 58.99 Bn 58.86 Bn 2.14 Bn 22.61%
9 Cheniere Energy 55.44 Bn 54.19 Bn 5.29 Bn 9.13%
10 Venture Global 33.84 Bn 30.62 Bn 2.92 Bn 19.17%

Historic Data

Download Data
DateValue
Jun 30, 2026 5.85%
Jun 30, 2026 5.85%
Jun 30, 2026 5.85%
Dec 31, 2025 10.04%
Dec 31, 2025 10.04%
Dec 31, 2025 10.04%
Sep 30, 2025 9.73%
Sep 30, 2025 9.73%
Sep 30, 2025 9.73%
Jun 30, 2025 1.72%
Jun 30, 2025 1.72%
Jun 30, 2025 1.72%
Mar 31, 2025 5.65%
Mar 31, 2025 5.65%
Mar 31, 2025 5.65%
Dec 31, 2024 11.71%
Dec 31, 2024 11.71%
Dec 31, 2024 11.71%
Sep 30, 2024 11.26%
Sep 30, 2024 11.26%