Tc Energy (TRP) Tax Rate (2009 - 2026)
Tc Energy (TRP) reported Tax Rate of 15.28% for Q2 2026, down 8.17 percentage points from 23.45% a year earlier.
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Analysis
Tc Energy (TRP) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tc Energy's Tax Rate came in at 14.85%, up 0.10 percentage points year-over-year; for FY2025, it was 20.90%, up 5.29 percentage points from FY2024.
- Tax Rate has a five-year change of +17.11 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 15.61% in FY2024 (-9.92 pp), 25.53% in FY2023 (-42.40 pp), 67.93% in FY2022 (+62.39 pp) and 5.54% in FY2021 (+1.74 pp).
- Five-year quarterly Tax Rate spans a low of 8.26% in Q2 2024 and a high of 50.41% in Q4 2023.
- Year over year, Tax Rate gained in two of the last six quarters, with an average year-over-year change of -5.48 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2023 (a gain of 17.92 percentage points); the low point was Q4 2024 (a drop of 38.70 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 1.03% |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 19.39% |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 9.35% |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 20.53% |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 10.16% |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 0.17% |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.44% |
| Jun 30, 2026 | 15.28% |
| Mar 31, 2026 | 13.31% |
| Dec 31, 2025 | 8.43% |
| Sep 30, 2025 | 10.47% |
| Jun 30, 2025 | 23.45% |
| Mar 31, 2025 | 14.31% |
| Dec 31, 2024 | 3.13% |
| Sep 30, 2024 | 5.44% |
| Jun 30, 2024 | 8.26% |
| Mar 31, 2024 | 13.04% |
| Jun 30, 2023 | 26.63% |
| Mar 31, 2023 | 13.57% |
| Sep 30, 2022 | 1.21% |
| Jun 30, 2022 | 5.00% |
| Mar 31, 2022 | 6.64% |
| Jun 30, 2021 | 7.63% |
| Dec 31, 2020 | 11.20% |
| Dec 31, 2019 | 4.15% |
| Jun 30, 2019 | 7.29% |
API Access
Tc Energy Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();