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| Date | Value |
|---|---|
| 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 |