Tc Energy (TCENF) Goodwill & Intangibles (2009 - 2025)

Tc Energy (TCENF) posted Goodwill & Intangibles of $9.3 billion for Q4 2025, down 2.85% on a QoQ basis from $9.6 billion in Q3 2025, and down 4.62% year-on-year from $9.8 billion in Q4 2024.

Tc Energy (TCENF) Goodwill & Intangibles (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Goodwill & Intangibles across 17 years of filings, most recently posting $9.3 billion for Q4 2025.

  • Goodwill & Intangibles for Q4 2025 came in at $9.3 billion, down 4.62% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.3 billion (down 4.62% YoY), and the FY2025 annual result was $9.3 billion, down 6.7% from the prior year.
  • Goodwill & Intangibles came in at $9.3 billion for Q4 2025 at Tc Energy, down from $9.6 billion in the prior quarter.
  • Over the last five years, Goodwill & Intangibles for TCENF reached as high as $10.0 billion in Q2 2021 and fell as low as $9.2 billion in Q4 2023.
  • Median Goodwill & Intangibles over the past 5 years was $9.5 billion (2024), compared with a mean of $9.6 billion.
  • Year-over-year, Goodwill & Intangibles retreated 12.0% in 2021 and increased 6.31% in 2024.
  • Over 5 years, Goodwill & Intangibles stood at $10.0 billion in 2021, then slipped by 5.21% to $9.5 billion in 2022, then retreated by 2.71% to $9.2 billion in 2023, then advanced by 6.31% to $9.8 billion in 2024, then dropped by 4.62% to $9.3 billion in 2025.
  • Per Business Quant, the three latest TCENF Goodwill & Intangibles figures stand at $9.3 billion (Q4 2025), $9.6 billion (Q3 2025), and $9.3 billion (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
DateValue
Dec 31, 2025 9.33 Bn
Sep 30, 2025 9.61 Bn
Jun 30, 2025 9.33 Bn
Mar 31, 2025 9.51 Bn
Dec 31, 2024 9.79 Bn
Sep 30, 2024 9.41 Bn
Jun 30, 2024 9.51 Bn
Mar 31, 2024 9.53 Bn
Dec 31, 2023 9.21 Bn
Sep 30, 2023 9.58 Bn
Jun 30, 2023 9.35 Bn
Mar 31, 2023 9.50 Bn
Dec 31, 2022 9.46 Bn
Sep 30, 2022 10.01 Bn
Jun 30, 2022 9.58 Bn
Mar 31, 2022 9.35 Bn
Dec 31, 2021 9.98 Bn
Sep 30, 2021 10.01 Bn
Jun 30, 2021 10.03 Bn
Mar 31, 2021 9.87 Bn