Tc Energy Corp (TRPPF) Net Margin (2009 - 2026)
Tc Energy (TRPPF) posted Net Margin of 24.94% for Q2 2026, up 6.08% on a QoQ basis from 23.51% in Q4 2025, and up 269.0% year-over-year from 6.76% in Q2 2025.
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Tc Energy Corp (TRPPF) Net Margin (2009 - 2026) Analysis & Trends
Tc Energy has reported Net Margin for 18 years, with the latest figure at 24.94% in Q2 2026.
- On a quarterly basis, Net Margin rose 269.0% year-over-year to 24.94% in Q2 2026; TTM through Jun 2026 was 21.88%, a 637.0% decrease from a year earlier, with the FY2025 full-year figure at 22.31%, down 1105.0% from the prior year.
- Net Margin was 24.94% for Q2 2026 at Tc Energy, up from 23.51% in the prior quarter.
- The five-year high for Net Margin was 35.68% in Q3 2024, with the low at 105.39% in Q4 2022.
- Average Net Margin over 5 years is 15.35%, with a median of 24.01% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin slumped 13658 bps in 2022, then surged 13993 bps in 2023.
- Over 5 years, Net Margin stood at 105.39% in 2022, then surged by 133 bps to 34.54% in 2023, then slipped by 21 bps to 27.15% in 2024, then fell by 13 bps to 23.51% in 2025, then increased by 6 bps to 24.94% in 2026.
- The last three Net Margin figures came in at 24.94% (Q2 2026), 23.51% (Q4 2025), and 16.44% (Q3 2025), per Business Quant data.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.94% |
| Dec 31, 2025 | 23.51% |
| Sep 30, 2025 | 16.44% |
| Jun 30, 2025 | 22.25% |
| Mar 31, 2025 | 26.99% |
| Dec 31, 2024 | 27.15% |
| Sep 30, 2024 | 35.68% |
| Jun 30, 2024 | 23.57% |
| Mar 31, 2024 | 28.35% |
| Dec 31, 2023 | 34.54% |
| Dec 31, 2022 | -105.39% |
| 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% |
| Sep 30, 2020 | 28.29% |
API Access
Tc Energy Corp Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TRPPF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TRPPF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TRPPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();