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
DateValue
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