Tc Energy (TCANF) Deferred Taxes (2009 - 2025)

Tc Energy's Deferred Taxes history runs 17 years deep, the most recent figure standing at $86.1 million for Q4 2025.

• In Q4 2025, Deferred Taxes rose 155.76% year-over-year to $86.1 million; the TTM figure through Dec 2025 stood at $551.3 million (up 54.12% YoY), while the FY2025 annual figure was $552.9 million, up 53.54% from the prior year.
• Deferred Taxes was $86.1 million for Q4 2025 at Tc Energy, down from $92.3 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $311.0 million in Q4 2021 to a low of -$512.8 million in Q1 2021.
• Historically, Deferred Taxes has averaged $37.6 million across 5 years, with a median of $68.7 million in 2021.
• Biggest YoY gain for Deferred Taxes was 347.0% in 2023; the steepest drop was 1118.66% in 2023.
• A 5-year view of Deferred Taxes shows it stood at $311.0 million in 2021, then tumbled by 85.79% to $44.2 million in 2022, then tumbled by 1118.66% to -$450.3 million in 2023, then surged by 107.47% to $33.6 million in 2024, then jumped by 155.76% to $86.1 million in 2025.
• The last three Deferred Taxes figures came in at $86.1 million (Q4 2025), $92.3 million (Q3 2025), and $226.6 million (Q2 2025), per Business Quant data.