Growth Metrics

Tc Energy (TRPPF) Gross Margin (2009 - 2025)

Tc Energy's quarterly Gross Margin came in at 98.68% in Q4 2025, up 471.0% year-on-year from 17.28% in Q4 2024, and little changed quarter-over-quarter from 98.54% in Q3 2025.

Tc Energy has reported Gross Margin for 15 years, with the latest figure at 98.68% in Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 471.0% year-over-year to 98.68%; the trailing twelve-month figure through Dec 2025 stood at 98.63% (up 20.0% YoY), and the FY2025 full-year result was 98.64%, up 21.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 98.68%, roughly flat from 98.54% in the prior quarter.
  • The five-year high for Gross Margin was 99.1% in Q4 2023, with the low at 93.97% in Q4 2024.
  • Average Gross Margin over 4 years is 97.69%, with a median of 98.62% recorded in 2025.
  • Year-over-year, Gross Margin plunged 513 bps in 2024 and jumped 471 bps in 2025.
  • Tracing TRPPF's Gross Margin over 4 years: stood at 97.4% in 2022, then gained by 2 bps to 99.1% in 2023, then slipped by 5 bps to 93.97% in 2024, then grew by 5 bps to 98.68% in 2025.
  • The last three Gross Margin figures came in at 98.68% (Q4 2025), 98.54% (Q3 2025), and 98.69% (Q2 2025), per Business Quant data.

Historic Data

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DateValue
Dec 31, 2025 98.68%
Sep 30, 2025 98.54%
Jun 30, 2025 98.69%
Mar 31, 2025 98.62%
Dec 31, 2024 93.97%
Sep 30, 2024 98.85%
Jun 30, 2024 99.00%
Mar 31, 2024 98.89%
Dec 31, 2023 99.10%
Dec 31, 2022 97.40%
Sep 30, 2022 96.63%
Jun 30, 2022 95.24%
Mar 31, 2022 96.34%
Dec 31, 2019 -30,546.64%
Sep 30, 2019 -63,736.58%
Jun 30, 2019 96.65%
Mar 31, 2019 92.77%
Dec 31, 2018 93.62%
Mar 31, 2018 82.56%
Dec 31, 2017 81.45%
Sep 30, 2017 80.56%
Jun 30, 2017 83.07%
Mar 31, 2017 84.06%
Dec 31, 2016 85.03%
Sep 30, 2016 78.44%
Jun 30, 2016 83.08%
Mar 31, 2016 84.53%
Dec 31, 2015 82.25%
Sep 30, 2015 78.80%
Jun 30, 2015 83.81%
Mar 31, 2015 76.30%
Dec 31, 2014 84.17%
Sep 30, 2014 84.17%
Jun 30, 2014 85.32%
Dec 31, 2013 84.61%
Sep 30, 2013 86.43%
Jun 30, 2013 85.91%
Mar 31, 2013 83.30%
Dec 31, 2012 86.07%
Sep 30, 2012 84.15%
Jun 30, 2012 88.59%
Mar 31, 2012 88.87%
Dec 31, 2011 89.53%
Sep 30, 2011 80.64%
Jun 30, 2011 94.31%
Mar 31, 2011 88.50%
Dec 31, 2010 88.14%
Sep 30, 2010 85.86%
Jun 30, 2010 88.77%
Mar 31, 2010 86.91%
Dec 31, 2009 89.17%
Sep 30, 2009 90.90%
Jun 30, 2009 90.83%
Mar 31, 2009 90.38%