Tc Energy (TRPRF) FCF Payout Ratio (2009 - 2025)
Tc Energy (TRPRF) posted FCF Payout Ratio of 1.61 for Q4 2025, down 478.72% on a QoQ basis from 0.28 in Q3 2025, and down 503.15% year-on-year from 0.4 in Q4 2024.
Tc Energy (TRPRF) FCF Payout Ratio (2009 - 2025) Analysis & Trends
Tc Energy has disclosed FCF Payout Ratio across 17 years of filings, most recently posting 1.61 for Q4 2025.
- FCF Payout Ratio for Q4 2025 came in at 1.61, down 503.15% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.35 (down 25.19% YoY), and the FY2025 annual result was 1.69, down 498.46% from the prior year.
- FCF Payout Ratio came in at 1.61 for Q4 2025 at Tc Energy, down from 0.28 in the prior quarter.
- Over the last five years, FCF Payout Ratio for TRPRF reached as high as 0.0 in Q4 2021 and fell as low as 1.61 in Q4 2025.
- Median FCF Payout Ratio over the past 5 years was 0.01 (2021), compared with a mean of 0.19.
- Year-over-year, FCF Payout Ratio jumped 85.21% in 2021 and slumped 9435.51% in 2024.
- Over 5 years, FCF Payout Ratio stood at 0.0 in 2021, then slumped by 31.24% to 0.0 in 2022, then tumbled by 9059.69% to 0.25 in 2023, then slipped by 8.7% to 0.27 in 2024, then sank by 503.15% to 1.61 in 2025.
- Per Business Quant, the three latest TRPRF FCF Payout Ratio figures stand at 1.61 (Q4 2025), 0.28 (Q3 2025), and 0.27 (Q2 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -1.10 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.03 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.05 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.80 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -1.37 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.42 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 9.63 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.59 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -0.07 |
| 10 | Tc Energy | - | - | 2.95 Bn | -0.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.27 |
| Sep 30, 2025 | -0.06 |
| Jun 30, 2025 | -0.08 |
| Mar 31, 2025 | 1.09 |
| Dec 31, 2024 | -0.04 |
| Sep 30, 2024 | -0.16 |
| Jun 30, 2024 | -0.05 |
| Mar 31, 2024 | -0.14 |
| Dec 31, 2023 | -0.04 |
| Sep 30, 2023 | -0.01 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | -0.01 |
| Dec 31, 2022 | -0.01 |
| Sep 30, 2022 | -0.01 |
| Jun 30, 2022 | -0.01 |
| Mar 31, 2022 | -0.01 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | -0.02 |