Tc Energy (TRPPF) Net Margin (2009 - 2025)
Tc Energy's quarterly Net Margin came in at 23.51% in Q4 2025, down 4788.0% year-on-year from 0.5% in Q4 2024, and up 43.01% quarter-over-quarter from 16.44% in Q3 2025.
Tc Energy has reported Net Margin for 17 years, with the latest figure at 23.51% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin fell 4788.0% year-over-year to 23.51%; the trailing twelve-month figure through Dec 2025 stood at 22.26% (down 1100.0% YoY), and the FY2025 full-year result was 22.31%, down 1105.0% from the prior year.
- Net Margin for Q4 2025 stood at 23.51%, up from 16.44% in the prior quarter.
- The five-year high for Net Margin was 71.4% in Q4 2024, with the low at 35.81% in Q4 2022.
- Average Net Margin over 5 years is 21.08%, with a median of 24.04% recorded in 2021.
- Year-over-year, Net Margin tumbled 6700 bps in 2022 and jumped 7035 bps in 2023.
- Tracing TRPPF's Net Margin over 5 years: stood at 31.19% in 2021, then plunged by 215 bps to 35.81% in 2022, then soared by 196 bps to 34.54% in 2023, then jumped by 107 bps to 71.4% in 2024, then slumped by 67 bps to 23.51% in 2025.
- The last three Net Margin figures came in at 23.51% (Q4 2025), 16.44% (Q3 2025), and 22.25% (Q2 2025), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.51% |
| Sep 30, 2025 | 16.44% |
| Jun 30, 2025 | 22.25% |
| Mar 31, 2025 | 26.99% |
| Dec 31, 2024 | 71.40% |
| Sep 30, 2024 | 35.68% |
| Jun 30, 2024 | 23.57% |
| Mar 31, 2024 | 28.35% |
| Dec 31, 2023 | 34.54% |
| Dec 31, 2022 | -35.81% |
| Sep 30, 2022 | 22.14% |
| Jun 30, 2022 | 24.44% |
| Mar 31, 2022 | 10.23% |
| Dec 31, 2021 | 31.19% |
| Sep 30, 2021 | 24.04% |
| Jun 30, 2021 | 30.64% |
| Mar 31, 2021 | -31.26% |
| Dec 31, 2020 | 34.09% |
| Dec 31, 2019 | 33.96% |
| Sep 30, 2019 | 23.59% |
| Jun 30, 2019 | 33.36% |
| Mar 31, 2019 | 28.79% |
| Dec 31, 2018 | 27.97% |
| Mar 31, 2018 | 21.44% |
| Dec 31, 2017 | 23.80% |
| Sep 30, 2017 | 19.15% |
| Jun 30, 2017 | 27.28% |
| Mar 31, 2017 | 18.87% |
| Dec 31, 2016 | -9.85% |
| Sep 30, 2016 | -3.72% |
| Jun 30, 2016 | 16.47% |
| Mar 31, 2016 | 8.29% |
| Dec 31, 2015 | -86.22% |
| Sep 30, 2015 | 13.65% |
| Jun 30, 2015 | 16.31% |
| Mar 31, 2015 | 13.47% |
| Dec 31, 2014 | 17.51% |
| Sep 30, 2014 | 18.65% |
| Jun 30, 2014 | 18.62% |
| Dec 31, 2013 | 18.01% |
| Sep 30, 2013 | 21.82% |
| Jun 30, 2013 | 18.17% |
| Mar 31, 2013 | 19.80% |
| Dec 31, 2012 | 14.78% |
| Sep 30, 2012 | 17.29% |
| Jun 30, 2012 | 15.06% |
| Mar 31, 2012 | 18.42% |
| Dec 31, 2011 | 18.40% |
| Sep 30, 2011 | 16.05% |
| Jun 30, 2011 | 19.64% |
| Mar 31, 2011 | 22.00% |
| Dec 31, 2010 | -839.82% |
| Sep 30, 2010 | 17.71% |
| Jun 30, 2010 | 14.82% |
| Mar 31, 2010 | 15.14% |
| Dec 31, 2009 | 19.18% |
| Sep 30, 2009 | 15.31% |
| Jun 30, 2009 | 15.83% |
| Mar 31, 2009 | 14.03% |