Tc Energy (TCANF) Total Debt (2009 - 2025)
Tc Energy (TCANF) recorded quarterly Total Debt of $33.6 billion in Q4 2025, down 2.24% quarter-over-quarter from $34.3 billion in Q3 2025, and down 2.21% on a YoY basis from $34.3 billion in Q4 2024.
Tc Energy (TCANF) Total Debt (2009 - 2025) Analysis & Trends
Tc Energy's Total Debt history runs 17 years deep, the most recent figure standing at $33.6 billion for Q4 2025.
- In Q4 2025, Total Debt fell 2.21% year-over-year to $33.6 billion; the TTM figure through Dec 2025 stood at $33.6 billion (down 2.21% YoY), while the FY2025 annual figure was $33.6 billion, down 4.16% from the prior year.
- Total Debt was $33.6 billion for Q4 2025 at Tc Energy, down from $34.3 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $44.0 billion in Q3 2024 to a low of $30.2 billion in Q1 2022.
- Historically, Total Debt has averaged $35.0 billion across 5 years, with a median of $33.9 billion in 2021.
- The sharpest annual moves came in 2023 and 2025: Total Debt climbed 27.04% in 2023, then declined 21.95% in 2025.
- A 5-year view of Total Debt shows it stood at $30.7 billion in 2021, then dropped by 0.22% to $30.6 billion in 2022, then grew by 27.0% to $38.9 billion in 2023, then declined by 11.72% to $34.3 billion in 2024, then dropped by 2.21% to $33.6 billion in 2025.
- The last three Total Debt figures came in at $33.6 billion (Q4 2025), $34.3 billion (Q3 2025), and $33.5 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 78.78 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 33.91 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 32.06 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 69.34 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 581.22 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 25.63 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 19.13 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 32.01 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 33.55 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn | 33.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.55 Bn |
| Sep 30, 2025 | 34.32 Bn |
| Jun 30, 2025 | 33.53 Bn |
| Mar 31, 2025 | 33.71 Bn |
| Dec 31, 2024 | 34.31 Bn |
| Sep 30, 2024 | 43.98 Bn |
| Jun 30, 2024 | 38.63 Bn |
| Mar 31, 2024 | 39.85 Bn |
| Dec 31, 2023 | 38.87 Bn |
| Sep 30, 2023 | 40.91 Bn |
| Jun 30, 2023 | 36.34 Bn |
| Mar 31, 2023 | 35.87 Bn |
| Dec 31, 2022 | 30.60 Bn |
| Sep 30, 2022 | 32.20 Bn |
| Jun 30, 2022 | 32.62 Bn |
| Mar 31, 2022 | 30.22 Bn |
| Dec 31, 2021 | 30.67 Bn |
| Sep 30, 2021 | 33.74 Bn |
| Jun 30, 2021 | 34.01 Bn |
| Mar 31, 2021 | 32.73 Bn |