Tc Energy (TCANF) Free Cash Flow (2009 - 2025)
Tc Energy (TCANF) posted Free Cash Flow of $393.0 million for Q4 2025, down 82.97% on a QoQ basis from $2.3 billion in Q3 2025, and down 85.26% year-on-year from $2.7 billion in Q4 2024.
Tc Energy (TCANF) Free Cash Flow (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Free Cash Flow across 17 years of filings, most recently posting $393.0 million for Q4 2025.
- Free Cash Flow for Q4 2025 came in at $393.0 million, down 85.26% year-over-year; the trailing twelve-month figure through Dec 2025 was $7.1 billion (down 30.56% YoY), and the FY2025 annual result was $1.5 billion, down 85.47% from the prior year.
- Free Cash Flow came in at $393.0 million for Q4 2025 at Tc Energy, down from $2.3 billion in the prior quarter.
- Over the last five years, Free Cash Flow for TCANF reached as high as $3.0 billion in Q4 2022 and fell as low as $393.0 million in Q4 2025.
- Median Free Cash Flow over the past 5 years was $2.6 billion (2021), compared with a mean of $2.4 billion.
- Year-over-year, Free Cash Flow jumped 51.86% in 2023 and slumped 85.26% in 2025.
- Over 5 years, Free Cash Flow stood at $2.7 billion in 2021, then increased by 11.19% to $3.0 billion in 2022, then retreated by 4.51% to $2.9 billion in 2023, then declined by 7.46% to $2.7 billion in 2024, then tumbled by 85.26% to $393.0 million in 2025.
- Per Business Quant, the three latest TCANF Free Cash Flow figures stand at $393.0 million (Q4 2025), $2.3 billion (Q3 2025), and $2.4 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -70.73 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.36 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 486.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.46 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -160.00 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 772.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 70.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 879.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -2.42 Bn |
| 10 | Tc Energy | 10.37 Bn | 11.56 Bn | 2.95 Bn | 1.36 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.36 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.40 Bn |
| Sep 30, 2025 | 1.40 Bn |
| Jun 30, 2025 | 767.90 Mn |
| Jun 30, 2025 | 767.90 Mn |
| Mar 31, 2025 | -140.08 Mn |
| Mar 31, 2025 | -140.08 Mn |
| Dec 31, 2024 | 1.50 Bn |
| Dec 31, 2024 | 1.50 Bn |
| Sep 30, 2024 | 1.41 Bn |
| Sep 30, 2024 | 1.41 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Dec 31, 2023 | 1.38 Bn |
| Dec 31, 2023 | 1.38 Bn |
| Sep 30, 2023 | 1.37 Bn |
| Sep 30, 2023 | 1.37 Bn |