Tc Energy (TRP) Times Interest Earned (2009 - 2026)
Tc Energy's Times Interest Earned came in at 2.73 for Q3 2026, up 3.8% from 2.63 a year earlier but down 3.2% from the prior quarter.
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Analysis
Tc Energy (TRP) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Tc Energy reported Times Interest Earned of 2.86, up 4.9% year-over-year; for FY2025, it was 1.92, up 4.3% from FY2024.
- Going back by year, Times Interest Earned was 1.84 in FY2024 (-5.8%), 1.96 in FY2023 (+0.6%), 1.95 in FY2022 (+50.9%) and 1.29 in FY2021 (-50.5%).
- The five-year range for quarterly Times Interest Earned is -0.97 (Q4 2022) to 5.60 (Q4 2021).
- Year-over-year, Times Interest Earned has increased for three consecutive quarters, with an average decline of 0.3% over the last eight quarters.
- The fastest year-over-year change in Times Interest Earned over five years came in Q3 2024 (growth of 252.6%), and the weakest in Q3 2023 (a decline of 61.6%).
- Business Quant data shows TRP's Times Interest Earned at 2.82 (Q2 2026), 2.96 (Q1 2026) and 2.93 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.04 |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 5.17 |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.73 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.95 |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 6.72 |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 4.92 |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 3.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.73 |
| Jun 30, 2026 | 2.82 |
| Mar 31, 2026 | 2.96 |
| Dec 31, 2025 | 2.93 |
| Sep 30, 2025 | 2.63 |
| Jun 30, 2025 | 2.65 |
| Mar 31, 2025 | 2.72 |
| Dec 31, 2024 | 2.95 |
| Sep 30, 2024 | 3.37 |
| Jun 30, 2024 | 2.45 |
| Mar 31, 2024 | 2.83 |
| Dec 31, 2023 | 3.05 |
| Sep 30, 2023 | 0.95 |
| Jun 30, 2023 | 1.68 |
| Mar 31, 2023 | 3.22 |
| Dec 31, 2022 | -0.97 |
| Sep 30, 2022 | 2.49 |
| Jun 30, 2022 | 2.74 |
| Mar 31, 2022 | 2.25 |
| Dec 31, 2021 | 5.60 |
API Access
Tc Energy Times Interest Earned 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=times-interest-earned&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();