Tc Energy (TRPEF) Payables (2009 - 2025)
Tc Energy (TRPEF) posted Payables of $5.3 billion for Q4 2025, down 11.0% on a QoQ basis from $5.9 billion in Q3 2025, and up 12.65% year-on-year from $4.7 billion in Q4 2024.
Tc Energy (TRPEF) Payables (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Payables across 17 years of filings, most recently posting $5.3 billion for Q4 2025.
- Payables for Q4 2025 came in at $5.3 billion, up 12.65% year-over-year; the trailing twelve-month figure through Dec 2025 was $5.3 billion (up 12.65% YoY), and the FY2025 annual result was $5.3 billion, up 10.2% from the prior year.
- Payables came in at $5.3 billion for Q4 2025 at Tc Energy, down from $5.9 billion in the prior quarter.
- Over the last five years, Payables for TRPEF reached as high as $11.5 billion in Q3 2022 and fell as low as $3.9 billion in Q4 2023.
- Median Payables over the past 5 years was $6.1 billion (2023), compared with a mean of $6.9 billion.
- Year-over-year, Payables jumped 81.92% in 2022 and slumped 63.26% in 2023.
- Over 5 years, Payables stood at $8.8 billion in 2021, then climbed by 19.5% to $10.6 billion in 2022, then tumbled by 63.26% to $3.9 billion in 2023, then advanced by 20.95% to $4.7 billion in 2024, then climbed by 12.65% to $5.3 billion in 2025.
- Per Business Quant, the three latest TRPEF Payables figures stand at $5.3 billion (Q4 2025), $5.9 billion (Q3 2025), and $5.6 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 8.24 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.37 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.30 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 13.14 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 1.99 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 126.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 5.22 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 52.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 817.00 Mn |
| 10 | Tc Energy | - | - | 2.95 Bn | 5.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.29 Bn |
| Sep 30, 2025 | 5.94 Bn |
| Jun 30, 2025 | 5.56 Bn |
| Mar 31, 2025 | 4.82 Bn |
| Dec 31, 2024 | 4.69 Bn |
| Sep 30, 2024 | 5.74 Bn |
| Jun 30, 2024 | 6.49 Bn |
| Mar 31, 2024 | 6.18 Bn |
| Dec 31, 2023 | 3.88 Bn |
| Sep 30, 2023 | 6.11 Bn |
| Jun 30, 2023 | 6.80 Bn |
| Mar 31, 2023 | 8.12 Bn |
| Dec 31, 2022 | 10.57 Bn |
| Sep 30, 2022 | 11.50 Bn |
| Jun 30, 2022 | 9.62 Bn |
| Mar 31, 2022 | 9.51 Bn |
| Dec 31, 2021 | 8.84 Bn |
| Sep 30, 2021 | 7.17 Bn |
| Jun 30, 2021 | 5.81 Bn |
| Mar 31, 2021 | 5.23 Bn |