Tc Energy (TCANF) EBITDA (2009 - 2025)

Tc Energy's EBITDA history runs 17 years deep, the most recent figure standing at $2.0 billion for Q4 2025.

• In Q4 2025, EBITDA rose 3590.78% year-over-year to $2.0 billion; the TTM figure through Dec 2025 stood at $7.5 billion (up 10.82% YoY), while the FY2025 annual figure was $7.5 billion, up 11.83% from the prior year.
• EBITDA was $2.0 billion for Q4 2025 at Tc Energy, up from $1.8 billion in the prior quarter.
• In the past five years, EBITDA ranged from a high of $2.4 billion in Q1 2024 to a low of -$647.9 million in Q1 2021.
• Historically, EBITDA has averaged $1.5 billion across 5 years, with a median of $1.8 billion in 2022.
• The sharpest annual moves came in 2021 and 2025: EBITDA tumbled 151.12% in 2021, then soared 3590.78% in 2025.
• A 5-year view of EBITDA shows it stood at $654.5 million in 2021, then soared by 184.21% to $1.9 billion in 2022, then increased by 22.02% to $2.3 billion in 2023, then tumbled by 97.57% to $55.1 million in 2024, then jumped by 3590.78% to $2.0 billion in 2025.
• The last three EBITDA figures came in at $2.0 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025), per Business Quant data.