Tc Energy Capital Expenditures (CapEx) Growth & History (TRP)
Tc Energy's capital expenditures (capex) was $5.29B for fiscal 2025.
View full Tc Energy company overviewTc Energy annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.29B | −$2.62B | −33.12% |
| 2024 | 2024-12-31 | $7.90B | −$4.39B | −35.73% |
| 2023 | 2023-12-31 | $12.30B | $3.34B | +37.24% |
| 2022 | 2022-12-31 | $8.96B | $1.83B | +25.61% |
| 2021 | 2021-12-31 | $7.13B | −$1.77B | −19.84% |
| 2020 | 2020-12-31 | $8.90B | $1.43B | +19.06% |
| 2019 | 2019-12-31 | $7.47B | −$1.94B | −20.63% |
| 2018 | 2018-12-31 | $9.42B | $2.04B | +27.56% |
| 2017 | 2017-12-31 | $7.38B | $2.38B | +47.45% |
| 2016 | 2016-12-31 | $5.01B | $1.09B | +27.79% |
| 2015 | 2015-12-31 | $3.92B | $429.0M | +12.30% |
| 2014 | 2014-12-31 | $3.49B | −$775.0M | −18.18% |
| 2013 | 2013-12-31 | $4.26B | $1.67B | +64.32% |
| 2012 | 2012-12-31 | $2.60B | $82.0M | +3.26% |
| 2011 | 2011-12-31 | $2.51B | −$1.86B | −42.57% |
| 2010 | 2010-12-31 | $4.38B | — | — |
Tc Energy quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $894.0M | −$221.0M | −19.82% |
| Q1 2026 | 2026-03-31 | $1.07B | — | — |
| Q4 2025 | 2025-12-31 | $1.35B | — | — |
| Q3 2025 | 2025-09-30 | $1.26B | — | — |
| Q2 2025 | 2025-06-30 | $1.11B | — | — |
Tc Energy capital expenditures (capex) trends
Over the last five fiscal years, Tc Energy's capital expenditures (capex) decreased from $8.90B to $5.29B, a change of −$3.61B. The latest reported quarter, Q2 2026, shows $894.0M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tc Energy source filings ↗