Tc Energy (TRPEF) Equity Ratio (2011 - 2025)

Tc Energy (TRPEF) recorded quarterly Equity Ratio of 0.23 in Q4 2025, down 1.5% quarter-over-quarter from 0.23 in Q4 2024, and down 1.5% on a YoY basis from 0.23 in Q4 2024.

Tc Energy (TRPEF) Equity Ratio (2011 - 2025) Analysis & Trends

Tc Energy's Equity Ratio history runs 15 years deep, the most recent figure standing at 0.23 for Q4 2025.

  • In Q4 2025, Equity Ratio fell 1.5% year-over-year to 0.23; the TTM figure through Dec 2025 stood at 0.23 (down 1.5% YoY), while the FY2025 annual figure was 0.23, down 1.5% from the prior year.
  • Equity Ratio was 0.23 for Q4 2025 at Tc Energy, down from 0.23 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.26 in Q4 2021 to a low of 0.01 in Q4 2022.
  • Historically, Equity Ratio has averaged 0.19 across 5 years, with a median of 0.23 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Equity Ratio slumped 97.21% in 2022, then jumped 3200.03% in 2023.
  • A 5-year view of Equity Ratio shows it stood at 0.26 in 2021, then plunged 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.
  • The last three Equity Ratio figures came in at 0.23 (Q4 2025), 0.23 (Q4 2024), and 0.24 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.28
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.38
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.43
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.23
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.33
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.12
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.33
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.23
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