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

Tc Energy has disclosed Tax Rate across 17 years of filings, most recently posting 10.04% for Q4 2025.

• Tax Rate for Q4 2025 came in at 10.04%, down 167.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 6.75% (down 160.0% YoY), and the FY2025 annual result was 6.74%, down 164.0% from the prior year.
• Tax Rate came in at 10.04% for Q4 2025 at Tc Energy, up from 9.73% in the prior quarter.
• Over the last five years, Tax Rate for TRP reached as high as 50.41% in Q4 2023 and fell as low as 248.72% in Q3 2023.
• Median Tax Rate over the past 5 years was 6.14% (2023), compared with a mean of 4.49%.
• Year-over-year, Tax Rate tumbled 25981 bps in 2023 and surged 25997 bps in 2024.
• Over 5 years, Tax Rate 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 plunged by 77 bps to 11.71% in 2024, then retreated by 14 bps to 10.04% in 2025.
• Per Business Quant, the three latest TRP Tax Rate figures stand at 10.04% (Q4 2025), 9.73% (Q3 2025), and 1.72% (Q2 2025).