Tc Energy (TCANF) Enterprise Value (2009 - 2025)
Tc Energy (TCANF) recorded quarterly Enterprise Value of $1.2 billion in Q4 2025, up 261.27% quarter-over-quarter from $329.9 million in Q3 2025, and down 81.69% on a YoY basis from $6.5 billion in Q4 2024.
Tc Energy (TCANF) Enterprise Value (2009 - 2025) Analysis & Trends
Tc Energy's Enterprise Value history runs 17 years deep, the most recent figure standing at $1.2 billion for Q4 2025.
- In Q4 2025, Enterprise Value fell 81.69% year-over-year to $1.2 billion; the TTM figure through Dec 2025 stood at $1.2 billion (down 81.69% YoY), while the FY2025 annual figure was $1.2 billion, down 82.05% from the prior year.
- Enterprise Value was $1.2 billion for Q4 2025 at Tc Energy, up from $329.9 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $8.0 billion in Q4 2023 to a low of -$1586.6 billion in Q4 2021.
- Historically, Enterprise Value has averaged -$79.2 billion across 5 years, with a median of -$795.8 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Enterprise Value plunged 610246.39% in 2021, then jumped 1043.26% in 2023.
- A 5-year view of Enterprise Value shows it stood at -$1586.6 billion in 2021, then jumped by 99.95% to -$846.5 million in 2022, then surged by 1043.26% to $8.0 billion in 2023, then dropped by 18.48% to $6.5 billion in 2024, then plunged by 81.69% to $1.2 billion in 2025.
- The last three Enterprise Value figures came in at $1.2 billion (Q4 2025), $329.9 million (Q3 2025), and $225.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 700.77 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | -1.15 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | -719.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -984.32 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | -1.51 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 32.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | -131.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.19 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn | 1.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.19 Bn |
| Sep 30, 2025 | 329.89 Mn |
| Jun 30, 2025 | 225.90 Mn |
| Mar 31, 2025 | 5.21 Bn |
| Dec 31, 2024 | 6.51 Bn |
| Sep 30, 2024 | 111.42 Mn |
| Jun 30, 2024 | -3.98 Bn |
| Mar 31, 2024 | 2.65 Bn |
| Dec 31, 2023 | 7.98 Bn |
| Sep 30, 2023 | -3.01 Bn |
| Jun 30, 2023 | -4.07 Bn |
| Mar 31, 2023 | -1.77 Bn |
| Dec 31, 2022 | -846.47 Mn |
| Sep 30, 2022 | -2.66 Bn |
| Jun 30, 2022 | -745.12 Mn |
| Mar 31, 2022 | -433.42 Mn |
| Dec 31, 2021 | -1,586.57 Bn |
| Sep 30, 2021 | -2.20 Bn |
| Jun 30, 2021 | -1.74 Bn |
| Mar 31, 2021 | -1.11 Bn |