Tc Energy (TRPRF) Notes Payables (2009 - 2025)
Tc Energy (TRPRF) recorded quarterly Notes Payables of $860.5 million in Q4 2025, down 50.45% quarter-over-quarter from $1.7 billion in Q3 2025, and up 210.61% on a YoY basis from $277.0 million in Q4 2024.
Tc Energy (TRPRF) Notes Payables (2009 - 2025) Analysis & Trends
Tc Energy's Notes Payables history runs 17 years deep, the most recent figure standing at $860.5 million for Q4 2025.
- In Q4 2025, Notes Payables rose 210.61% year-over-year to $860.5 million; the TTM figure through Dec 2025 stood at $860.5 million (up 210.61% YoY), while the FY2025 annual figure was $860.5 million, up 204.43% from the prior year.
- Notes Payables was $860.5 million for Q4 2025 at Tc Energy, down from $1.7 billion in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $4.8 billion in Q3 2022 to a low of $182.0 million in Q3 2023.
- Historically, Notes Payables has averaged $2.1 billion across 5 years, with a median of $1.7 billion in 2025.
- The sharpest annual moves came in 2023 and 2025: Notes Payables plunged 96.19% in 2023, then jumped 461.39% in 2025.
- A 5-year view of Notes Payables shows it stood at $4.1 billion in 2021, then advanced by 12.56% to $4.6 billion in 2022, then sank by 96.05% to $182.0 million in 2023, then jumped by 52.21% to $277.0 million in 2024, then soared by 210.61% to $860.5 million in 2025.
- The last three Notes Payables figures came in at $860.5 million (Q4 2025), $1.7 billion (Q3 2025), and $1.7 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 860.50 Mn |
| Sep 30, 2025 | 1.74 Bn |
| Jun 30, 2025 | 1.75 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 277.03 Mn |
| Sep 30, 2024 | 309.35 Mn |
| Jun 30, 2024 | 1.14 Bn |
| Mar 31, 2024 | 282.75 Mn |
| Sep 30, 2023 | 182.01 Mn |
| Jun 30, 2023 | 1.92 Bn |
| Mar 31, 2023 | 2.98 Bn |
| Dec 31, 2022 | 4.61 Bn |
| Sep 30, 2022 | 4.78 Bn |
| Jun 30, 2022 | 4.29 Bn |
| Mar 31, 2022 | 4.31 Bn |
| Dec 31, 2021 | 4.10 Bn |
| Sep 30, 2021 | 2.52 Bn |
| Jun 30, 2021 | 1.38 Bn |
| Mar 31, 2021 | 1.14 Bn |
| Dec 31, 2020 | 3.20 Bn |