Tc Energy (TRP) Total Debt (2009 - 2025)
Tc Energy's (TRP) quarterly Total Debt came in at $33.6 billion in Q4 2025, down 2.21% year-on-year from $34.3 billion in Q4 2024, and down 2.24% quarter-over-quarter from $34.3 billion in Q3 2025.
Tc Energy (TRP) Total Debt (2009 - 2025) Analysis & Trends
Tc Energy's Total Debt history runs 17 years deep, the most recent figure standing at $33.6 billion for Q4 2025.
- On a quarterly basis, Total Debt fell 2.21% year-over-year to $33.6 billion in Q4 2025; TTM through Dec 2025 was $33.6 billion, a 2.21% decrease from a year earlier, with the FY2025 full-year figure at $33.5 billion, down 4.34% from the prior year.
- Total Debt eased to $33.6 billion in Q4 2025 per TRP's latest filing, from $34.3 billion in the prior quarter.
- Across five years, Total Debt topped out at $44.0 billion in Q3 2024 and bottomed at $1.4 billion in Q1 2021.
- The 5-year median for Total Debt is $33.9 billion (2021), against an average of $33.5 billion.
- Across the five-year window, Total Debt tumbled 95.06% in 2021 and surged 2040.39% in 2022, its largest moves.
- Year by year, Total Debt stood at $30.7 billion in 2021, then dropped by 0.22% to $30.6 billion in 2022, then grew by 27.0% to $38.9 billion in 2023, then declined by 11.72% to $34.3 billion in 2024, then dropped by 2.21% to $33.6 billion in 2025.
- Per Business Quant, the three latest TRP Total Debt figures stand at $33.6 billion (Q4 2025), $34.3 billion (Q3 2025), and $33.5 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn | 110.18 Mn |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn | 1.82 Bn |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn | 78.78 Bn |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn | 32.06 Bn |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - | 33.91 Bn |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn | 33.55 Bn |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn | 69.36 Bn |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn | 19.03 Bn |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn | 25.63 Bn |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 Bn | 33.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.55 Bn |
| Sep 30, 2025 | 34.32 Bn |
| Jun 30, 2025 | 33.53 Bn |
| Mar 31, 2025 | 33.71 Bn |
| Dec 31, 2024 | 34.31 Bn |
| Sep 30, 2024 | 43.98 Bn |
| Jun 30, 2024 | 38.63 Bn |
| Mar 31, 2024 | 39.85 Bn |
| Dec 31, 2023 | 38.87 Bn |
| Sep 30, 2023 | 40.91 Bn |
| Jun 30, 2023 | 36.34 Bn |
| Mar 31, 2023 | 35.87 Bn |
| Dec 31, 2022 | 30.60 Bn |
| Sep 30, 2022 | 32.20 Bn |
| Jun 30, 2022 | 32.62 Bn |
| Mar 31, 2022 | 30.22 Bn |
| Dec 31, 2021 | 30.67 Bn |
| Sep 30, 2021 | 33.74 Bn |
| Jun 30, 2021 | 34.01 Bn |
| Mar 31, 2021 | 1.41 Bn |