Tc Energy (TCEYF) Construction in Progress (2012 - 2025)

Tc Energy (TCEYF) recorded quarterly Construction in Progress of $11.5 million in Q4 2025, up 231.58% quarter-over-quarter from -$8.7 million in Q3 2025, and down 90.23% on a YoY basis from $117.4 million in Q4 2024.

Tc Energy (TCEYF) Construction in Progress (2012 - 2025) Analysis & Trends

Tc Energy's Construction in Progress history runs 14 years deep, the most recent figure standing at $11.5 million for Q4 2025.

  • In Q4 2025, Construction in Progress fell 90.23% year-over-year to $11.5 million; the TTM figure through Dec 2025 stood at $11.5 million (down 90.23% YoY), while the FY2025 annual figure was $11.5 million, down 90.42% from the prior year.
  • Construction in Progress was $11.5 million for Q4 2025 at Tc Energy, up from -$8.7 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $171.9 million in Q4 2023 to a low of -$91.0 million in Q3 2023.
  • Historically, Construction in Progress has averaged -$3.2 million across 5 years, with a median of -$14.8 million in 2024.
  • Biggest YoY gain for Construction in Progress was 576.15% in 2023; the steepest drop was 462.17% in 2023.
  • A 5-year view of Construction in Progress shows it stood at $33.3 million in 2021, then sank by 208.34% to -$36.1 million in 2022, then jumped by 576.15% to $171.9 million in 2023, then plunged by 31.7% to $117.4 million in 2024, then plunged by 90.23% to $11.5 million in 2025.
  • The last three Construction in Progress figures came in at $11.5 million (Q4 2025), -$8.7 million (Q3 2025), and $7.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 2.64 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 69.07 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn -
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 11.47 Mn
10 Tc Energy - - 2.95 Bn 11.47 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 11.47 Mn
Sep 30, 2025 -8.72 Mn
Jun 30, 2025 7.22 Mn
Mar 31, 2025 -2.79 Mn
Dec 31, 2024 117.40 Mn
Sep 30, 2024 -30.06 Mn
Jun 30, 2024 -24.13 Mn
Mar 31, 2024 -14.84 Mn
Dec 31, 2023 171.88 Mn
Sep 30, 2023 -91.00 Mn
Jun 30, 2023 -77.42 Mn
Mar 31, 2023 -57.70 Mn
Dec 31, 2022 -36.10 Mn
Sep 30, 2022 -25.30 Mn
Jun 30, 2022 -17.26 Mn
Mar 31, 2022 -10.26 Mn
Dec 31, 2021 33.32 Mn
Dec 31, 2020 -93.58 Mn
Sep 30, 2020 -91.55 Mn
Jun 30, 2020 -87.99 Mn