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| Date | Value |
|---|---|
| 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% |