Tc Energy (TRP) Tax Rate (2009 - 2025)

Tc Energy's Tax Rate history runs 17 years deep, the most recent figure standing at 10.04% for Q4 2025.

• In Q4 2025, Tax Rate fell 167.0% year-over-year to 10.04%; the TTM figure through Dec 2025 stood at 6.75% (down 160.0% YoY), while the FY2025 annual figure was 6.74%, down 164.0% from the prior year.
• Tax Rate was 10.04% for Q4 2025 at Tc Energy, up from 9.73% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 50.41% in Q4 2023 to a low of 248.72% in Q3 2023.
• Historically, Tax Rate has averaged 4.49% across 5 years, with a median of 6.14% in 2023.
• The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 25981 bps in 2023, then jumped 25997 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 19.36% in 2021, then soared by 123 bps to 4.51% in 2022, then surged by 1018 bps to 50.41% in 2023, then slumped by 77 bps to 11.71% in 2024, then retreated by 14 bps to 10.04% in 2025.
• The last three Tax Rate figures came in at 10.04% (Q4 2025), 9.73% (Q3 2025), and 1.72% (Q2 2025), per Business Quant data.