Tc Energy (TCENF) Accumulated Expenses (2009 - 2025)
Tc Energy (TCENF) posted Accumulated Expenses of $615.3 million for Q4 2025, up 1.89% on a QoQ basis from $603.8 million in Q3 2025, and up 3.8% year-on-year from $592.7 million in Q4 2024.
Tc Energy (TCENF) Accumulated Expenses (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Accumulated Expenses across 17 years of filings, most recently posting $615.3 million for Q4 2025.
- Accumulated Expenses for Q4 2025 came in at $615.3 million, up 3.8% year-over-year; the trailing twelve-month figure through Dec 2025 was $615.3 million (up 3.8% YoY), and the FY2025 annual result was $614.1 million, up 1.54% from the prior year.
- Accumulated Expenses came in at $615.3 million for Q4 2025 at Tc Energy, up from $603.8 million in the prior quarter.
- Over the last five years, Accumulated Expenses for TCENF reached as high as $671.6 million in Q1 2024 and fell as low as $456.7 million in Q1 2021.
- Median Accumulated Expenses over the past 5 years was $556.5 million (2025), compared with a mean of $554.2 million.
- Year-over-year, Accumulated Expenses jumped 36.27% in 2023 and fell 14.91% in 2025.
- Over 5 years, Accumulated Expenses stood at $457.8 million in 2021, then gained by 7.51% to $492.1 million in 2022, then surged by 36.27% to $670.6 million in 2023, then dropped by 11.62% to $592.7 million in 2024, then grew by 3.8% to $615.3 million in 2025.
- Per Business Quant, the three latest TCENF Accumulated Expenses figures stand at $615.3 million (Q4 2025), $603.8 million (Q3 2025), and $592.5 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 615.26 Mn |
| Sep 30, 2025 | 603.83 Mn |
| Jun 30, 2025 | 592.53 Mn |
| Mar 31, 2025 | 571.47 Mn |
| Dec 31, 2024 | 592.72 Mn |
| Sep 30, 2024 | 636.29 Mn |
| Jun 30, 2024 | 625.86 Mn |
| Mar 31, 2024 | 671.61 Mn |
| Dec 31, 2023 | 670.63 Mn |
| Sep 30, 2023 | 620.61 Mn |
| Jun 30, 2023 | 537.49 Mn |
| Mar 31, 2023 | 541.46 Mn |
| Dec 31, 2022 | 492.12 Mn |
| Sep 30, 2022 | 526.75 Mn |
| Jun 30, 2022 | 487.08 Mn |
| Mar 31, 2022 | 457.11 Mn |
| Dec 31, 2021 | 457.75 Mn |
| Sep 30, 2021 | 461.55 Mn |
| Jun 30, 2021 | 464.52 Mn |
| Mar 31, 2021 | 456.68 Mn |