Tc Energy (TRPRF) Equity Average (2009 - 2025)

Tc Energy (TRPRF) recorded quarterly Equity Average of $19.8 billion in Q4 2025, down 0.72% quarter-over-quarter from $19.9 billion in Q3 2025, and down 6.05% on a YoY basis from $21.0 billion in Q4 2024.

Tc Energy (TRPRF) Equity Average (2009 - 2025) Analysis & Trends

Tc Energy's Equity Average history runs 17 years deep, the most recent figure standing at $19.8 billion for Q4 2025.

  • In Q4 2025, Equity Average fell 6.05% year-over-year to $19.8 billion; the TTM figure through Dec 2025 stood at $19.8 billion (down 6.05% YoY), while the FY2025 annual figure was $19.9 billion, down 5.54% from the prior year.
  • Equity Average was $19.8 billion for Q4 2025 at Tc Energy, down from $19.9 billion in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $26.5 billion in Q3 2022 to a low of $11.5 billion in Q1 2021.
  • Historically, Equity Average has averaged $21.5 billion across 5 years, with a median of $22.2 billion in 2024.
  • The sharpest annual moves came in 2021 and 2023: Equity Average jumped 110.49% in 2021, then slumped 44.43% in 2023.
  • A 5-year view of Equity Average shows it stood at $23.5 billion in 2021, then slumped by 40.27% to $14.0 billion in 2022, then soared by 66.96% to $23.4 billion in 2023, then decreased by 10.1% to $21.0 billion in 2024, then retreated by 6.05% to $19.8 billion in 2025.
  • The last three Equity Average figures came in at $19.8 billion (Q4 2025), $19.9 billion (Q3 2025), and $19.6 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 47.06 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 30.04 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 31.89 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 41.74 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 14.30 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 3.23 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 22.51 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 19.76 Bn
10 Tc Energy - - 2.95 Bn 19.76 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 19.76 Bn
Sep 30, 2025 19.91 Bn
Jun 30, 2025 19.58 Bn
Mar 31, 2025 19.53 Bn
Dec 31, 2024 21.04 Bn
Sep 30, 2024 22.17 Bn
Jun 30, 2024 22.18 Bn
Mar 31, 2024 22.02 Bn
Dec 31, 2023 23.40 Bn
Sep 30, 2023 25.14 Bn
Jun 30, 2023 25.38 Bn
Mar 31, 2023 13.09 Bn
Dec 31, 2022 14.02 Bn
Sep 30, 2022 26.52 Bn
Jun 30, 2022 25.76 Bn
Mar 31, 2022 23.55 Bn
Dec 31, 2021 23.46 Bn
Sep 30, 2021 25.89 Bn
Jun 30, 2021 25.46 Bn
Mar 31, 2021 11.51 Bn