Tc Energy (TRPRF) Payables (2009 - 2025)

Tc Energy (TRPRF) recorded quarterly Payables of $5.3 billion in Q4 2025, down 11.0% quarter-over-quarter from $5.9 billion in Q3 2025, and up 12.65% on a YoY basis from $4.7 billion in Q4 2024.

Tc Energy (TRPRF) Payables (2009 - 2025) Analysis & Trends

Tc Energy's Payables history runs 17 years deep, the most recent figure standing at $5.3 billion for Q4 2025.

  • In Q4 2025, Payables rose 12.65% year-over-year to $5.3 billion; the TTM figure through Dec 2025 stood at $5.3 billion (up 12.65% YoY), while the FY2025 annual figure was $5.3 billion, up 10.41% from the prior year.
  • Payables was $5.3 billion for Q4 2025 at Tc Energy, down from $5.9 billion in the prior quarter.
  • In the past five years, Payables ranged from a high of $11.5 billion in Q3 2022 to a low of $3.9 billion in Q4 2023.
  • Historically, Payables has averaged $6.9 billion across 5 years, with a median of $6.1 billion in 2023.
  • The sharpest annual moves came in 2022 and 2023: Payables soared 81.92% in 2022, then tumbled 63.26% in 2023.
  • A 5-year view of Payables shows it stood at $8.8 billion in 2021, then climbed by 19.5% to $10.6 billion in 2022, then sank by 63.26% to $3.9 billion in 2023, then advanced by 20.95% to $4.7 billion in 2024, then climbed by 12.65% to $5.3 billion in 2025.
  • The last three Payables figures came in at $5.3 billion (Q4 2025), $5.9 billion (Q3 2025), and $5.6 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 8.24 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.30 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.37 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 13.14 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 37.45 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 126.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 1.99 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 5.22 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 5.29 Bn
10 Tc Energy - - 2.95 Bn 5.29 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 5.29 Bn
Sep 30, 2025 5.94 Bn
Jun 30, 2025 5.56 Bn
Mar 31, 2025 4.82 Bn
Dec 31, 2024 4.69 Bn
Sep 30, 2024 5.74 Bn
Jun 30, 2024 6.49 Bn
Mar 31, 2024 6.18 Bn
Dec 31, 2023 3.88 Bn
Sep 30, 2023 6.11 Bn
Jun 30, 2023 6.80 Bn
Mar 31, 2023 8.12 Bn
Dec 31, 2022 10.57 Bn
Sep 30, 2022 11.50 Bn
Jun 30, 2022 9.62 Bn
Mar 31, 2022 9.51 Bn
Dec 31, 2021 8.84 Bn
Sep 30, 2021 7.17 Bn
Jun 30, 2021 5.81 Bn
Mar 31, 2021 5.23 Bn