Tc Energy (TCENF) Equity Income (2011 - 2025)

Tc Energy (TCENF) recorded quarterly Equity Income of $210.8 million in Q4 2025, up 184.1% quarter-over-quarter from -$250.7 million in Q3 2025, and down 34.55% on a YoY basis from $322.1 million in Q4 2024.

Tc Energy (TCENF) Equity Income (2011 - 2025) Analysis & Trends

Tc Energy's Equity Income history runs 15 years deep, the most recent figure standing at $210.8 million for Q4 2025.

  • In Q4 2025, Equity Income fell 34.55% year-over-year to $210.8 million; the TTM figure through Dec 2025 stood at -$14.3 million (down 102.19% YoY), while the FY2025 annual figure was -$913.6 million, up 22.22% from the prior year.
  • Equity Income was $210.8 million for Q4 2025 at Tc Energy, up from -$250.7 million in the prior quarter.
  • In the past five years, Equity Income ranged from a high of $369.5 million in Q4 2023 to a low of -$250.7 million in Q3 2025.
  • Historically, Equity Income has averaged $2.6 million across 5 years, with a median of -$144.8 million in 2021.
  • The sharpest annual moves came in 2021 and 2024: Equity Income plunged 364.04% in 2021, then jumped 243.06% in 2024.
  • A 5-year view of Equity Income shows it stood at -$172.2 million in 2021, then soared by 224.53% to $214.4 million in 2022, then surged by 72.34% to $369.5 million in 2023, then fell by 12.81% to $322.1 million in 2024, then sank by 34.55% to $210.8 million in 2025.
  • The last three Equity Income figures came in at $210.8 million (Q4 2025), -$250.7 million (Q3 2025), and $238.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Income (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 394.50 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 76.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 254.00 Mn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 110.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 182.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 8.60 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 89.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 210.82 Mn
10 Tc Energy - - 2.95 Bn 210.82 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 210.82 Mn
Sep 30, 2025 -250.69 Mn
Jun 30, 2025 238.17 Mn
Mar 31, 2025 -212.56 Mn
Dec 31, 2024 322.13 Mn
Sep 30, 2024 325.48 Mn
Jun 30, 2024 -249.32 Mn
Mar 31, 2024 251.58 Mn
Dec 31, 2023 369.47 Mn
Sep 30, 2023 -227.51 Mn
Jun 30, 2023 184.62 Mn
Mar 31, 2023 -224.13 Mn
Dec 31, 2022 214.38 Mn
Sep 30, 2022 -246.89 Mn
Jun 30, 2022 -185.10 Mn
Mar 31, 2022 -161.84 Mn
Dec 31, 2021 -172.15 Mn
Sep 30, 2021 -210.52 Mn
Jun 30, 2021 -127.72 Mn
Mar 31, 2021 204.64 Mn