Tc Energy (TCANF) Interest Coverage Ratio (2009 - 2025)
Tc Energy (TCANF) recorded quarterly Interest Coverage Ratio of 3.25 in Q4 2025, up 10.14% quarter-over-quarter from 2.95 in Q3 2025, and up 2765.66% on a YoY basis from 0.11 in Q4 2024.
Tc Energy (TCANF) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
Tc Energy's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 3.25 for Q4 2025.
- In Q4 2025, Interest Coverage Ratio rose 2765.66% year-over-year to 3.25; the TTM figure through Dec 2025 stood at 3.06 (changed 0.31% YoY), while the FY2025 annual figure was 3.06, up 0.93% from the prior year.
- Interest Coverage Ratio was 3.25 for Q4 2025 at Tc Energy, up from 2.95 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 4.08 in Q1 2022 to a low of 1.44 in Q1 2021.
- Historically, Interest Coverage Ratio has averaged 2.57 across 5 years, with a median of 3.13 in 2023.
- The sharpest annual moves came in 2021 and 2025: Interest Coverage Ratio slumped 148.94% in 2021, then surged 2765.66% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.35 in 2021, then soared by 359.01% to 3.5 in 2022, then climbed by 13.71% to 3.98 in 2023, then tumbled by 97.15% to 0.11 in 2024, then soared by 2765.66% to 3.25 in 2025.
- The last three Interest Coverage Ratio figures came in at 3.25 (Q4 2025), 2.95 (Q3 2025), and 2.97 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Tc Energy | - | - | 2.95 Bn | 3.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.25 |
| Sep 30, 2025 | 2.95 |
| Jun 30, 2025 | 2.97 |
| Mar 31, 2025 | 3.05 |
| Dec 31, 2024 | 0.11 |
| Sep 30, 2024 | 3.77 |
| Jun 30, 2024 | 3.79 |
| Mar 31, 2024 | 4.07 |
| Dec 31, 2023 | 3.98 |
| Sep 30, 2023 | 0.95 |
| Jun 30, 2023 | 1.68 |
| Mar 31, 2023 | 3.22 |
| Dec 31, 2022 | 3.50 |
| Sep 30, 2022 | 3.50 |
| Jun 30, 2022 | 3.70 |
| Mar 31, 2022 | 4.08 |
| Dec 31, 2021 | -1.35 |
| Sep 30, 2021 | 2.60 |
| Jun 30, 2021 | 3.00 |
| Mar 31, 2021 | -1.44 |