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
DateValue
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