Tc Energy (TRPRF) Debt Ratio (2009 - 2025)
Tc Energy (TRPRF) posted Debt Ratio of 0.39 for Q4 2025, down 2.79% on a QoQ basis from 0.41 in Q4 2024, and down 2.79% year-on-year from 0.41 in Q4 2024.
Tc Energy (TRPRF) Debt Ratio (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Debt Ratio across 17 years of filings, most recently posting 0.39 for Q4 2025.
- Debt Ratio for Q4 2025 came in at 0.39, down 2.79% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.39 (down 2.79% YoY), and the FY2025 annual result was 0.39, down 2.79% from the prior year.
- Debt Ratio came in at 0.39 for Q4 2025 at Tc Energy, down from 0.41 in the prior quarter.
- Over the last five years, Debt Ratio for TRPRF reached as high as 0.42 in Q4 2023 and fell as low as 0.36 in Q4 2022.
- Median Debt Ratio over the past 5 years was 0.39 (2025), compared with a mean of 0.39.
- Year-over-year, Debt Ratio advanced 16.49% in 2023 and dropped 4.21% in 2024.
- Over 5 years, Debt Ratio stood at 0.37 in 2021, then decreased by 2.06% to 0.36 in 2022, then increased by 16.49% to 0.42 in 2023, then retreated by 4.21% to 0.41 in 2024, then declined by 2.79% to 0.39 in 2025.
- Per Business Quant, the three latest TRPRF Debt Ratio figures stand at 0.39 (Q4 2025), 0.41 (Q4 2024), and 0.42 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 0.47 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.44 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.42 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.47 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 0.71 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.60 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.47 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.83 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 0.65 |
| 10 | Tc Energy | - | - | 2.95 Bn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.37 |
| Dec 31, 2020 | 0.37 |
| Sep 30, 2020 | 0.39 |
| Jun 30, 2020 | 0.39 |
| Mar 31, 2020 | 0.36 |
| Dec 31, 2019 | 0.37 |
| Sep 30, 2019 | 0.39 |
| Jun 30, 2019 | 0.38 |
| Dec 31, 2018 | 0.40 |
| Dec 31, 2017 | 0.11 |
| Dec 31, 2016 | 0.46 |
| Mar 31, 2016 | 0.38 |
| Dec 31, 2015 | 0.49 |
| Dec 31, 2014 | 0.42 |
| Dec 31, 2013 | 0.42 |
| Dec 31, 2012 | 0.04 |