Tc Energy (TRPEF) Equity Ratio (2009 - 2025)

Tc Energy (TRPEF) posted Equity Ratio of 0.23 for Q4 2025, down 1.5% on a QoQ basis from 0.23 in Q4 2024, and down 1.5% year-on-year from 0.23 in Q4 2024.

Tc Energy (TRPEF) Equity Ratio (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Equity Ratio across 15 years of filings, most recently posting 0.23 for Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.23, down 1.5% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.23 (down 1.5% YoY), and the FY2025 annual result was 0.23, down 1.5% from the prior year.
  • Equity Ratio came in at 0.23 for Q4 2025 at Tc Energy, down from 0.23 in the prior quarter.
  • Over the last five years, Equity Ratio for TRPEF reached as high as 0.26 in Q4 2021 and fell as low as 0.01 in Q4 2022.
  • Median Equity Ratio over the past 5 years was 0.23 (2024), compared with a mean of 0.19.
  • Year-over-year, Equity Ratio sank 97.21% in 2022 and surged 3200.03% in 2023.
  • Over 5 years, Equity Ratio stood at 0.26 in 2021, then slumped by 97.21% to 0.01 in 2022, then surged by 3200.03% to 0.24 in 2023, then dropped by 1.27% to 0.23 in 2024, then decreased by 1.5% to 0.23 in 2025.
  • Per Business Quant, the three latest TRPEF Equity Ratio figures stand at 0.23 (Q4 2025), 0.23 (Q4 2024), and 0.24 (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.28
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.43
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.38
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.23
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.12
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.33
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.33
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.00
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.19
10 Tc Energy - - 2.95 Bn 0.23

Historic Data

Download Data
DateValue
Dec 31, 2025 0.23
Dec 31, 2024 0.23
Dec 31, 2023 0.24
Dec 31, 2022 0.01
Dec 31, 2021 0.26
Dec 31, 2020 -0.02
Sep 30, 2020 0.32
Jun 30, 2020 0.32
Mar 31, 2020 0.30
Dec 31, 2019 0.04
Sep 30, 2019 0.31
Jun 30, 2019 0.30
Dec 31, 2018 0.23
Dec 31, 2017 -0.01
Dec 31, 2016 0.30
Mar 31, 2016 0.40
Dec 31, 2015 0.00
Dec 31, 2014 -0.01
Dec 31, 2013 -0.02
Dec 31, 2012 0.03