Tc Energy (TCENF) Enterprise Value (2009 - 2025)
Tc Energy (TCENF) posted Enterprise Value of $1.2 billion for Q4 2025, up 261.27% on a QoQ basis from $329.9 million in Q3 2025, and down 81.69% year-on-year from $6.5 billion in Q4 2024.
Tc Energy (TCENF) Enterprise Value (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Enterprise Value across 17 years of filings, most recently posting $1.2 billion for Q4 2025.
- Enterprise Value for Q4 2025 came in at $1.2 billion, down 81.69% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.2 billion (down 81.69% YoY), and the FY2025 annual result was $1.2 billion, down 82.09% from the prior year.
- Enterprise Value came in at $1.2 billion for Q4 2025 at Tc Energy, up from $329.9 million in the prior quarter.
- Over the last five years, Enterprise Value for TCENF reached as high as $8.0 billion in Q4 2023 and fell as low as -$1586.6 billion in Q4 2021.
- Median Enterprise Value over the past 5 years was -$795.8 million (2022), compared with a mean of -$79.3 billion.
- Year-over-year, Enterprise Value tumbled 1360887.01% in 2021 and surged 1043.26% in 2023.
- Over 5 years, Enterprise Value 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 slumped by 81.69% to $1.2 billion in 2025.
- Per Business Quant, the three latest TCENF Enterprise Value figures stand at $1.2 billion (Q4 2025), $329.9 million (Q3 2025), and -$163.8 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 700.77 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | -1.15 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | -719.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 32.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | -1.51 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | -131.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | -282.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -58.00 Mn |
| 10 | Tc Energy | - | - | 2.95 Bn | 1.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.19 Bn |
| Sep 30, 2025 | 53.77 Mn |
| Jun 30, 2025 | 225.90 Mn |
| Mar 31, 2025 | 4.40 Bn |
| Dec 31, 2024 | 6.51 Bn |
| Sep 30, 2024 | 24.19 Mn |
| Jun 30, 2024 | -3.10 Bn |
| Mar 31, 2024 | 3.01 Bn |
| Dec 31, 2023 | 7.98 Bn |
| Sep 30, 2023 | -3.01 Bn |
| Jun 30, 2023 | -2.02 Bn |
| Mar 31, 2023 | -4.16 Bn |
| Dec 31, 2022 | -846.47 Mn |
| Sep 30, 2022 | -3.16 Bn |
| Jun 30, 2022 | -1.08 Bn |
| Mar 31, 2022 | -749.21 Mn |
| Dec 31, 2021 | -434.75 Mn |
| Sep 30, 2021 | -2.17 Bn |
| Jun 30, 2021 | -2.25 Bn |
| Mar 31, 2021 | -1.68 Bn |