Tc Energy (TCEYF) Deferred Taxes (2009 - 2025)

Tc Energy (TCEYF) posted Deferred Taxes of $76.7 million for Q4 2025, down 21.78% on a QoQ basis from $98.1 million in Q3 2025, and up 128.05% year-on-year from $33.6 million in Q4 2024.

Tc Energy (TCEYF) Deferred Taxes (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Deferred Taxes across 17 years of filings, most recently posting $76.7 million for Q4 2025.

  • Deferred Taxes for Q4 2025 came in at $76.7 million, up 128.05% year-over-year; the trailing twelve-month figure through Dec 2025 was $547.8 million (up 51.59% YoY), and the FY2025 annual result was $548.2 million, up 75.79% from the prior year.
  • Deferred Taxes came in at $76.7 million for Q4 2025 at Tc Energy, down from $98.1 million in the prior quarter.
  • Over the last five years, Deferred Taxes for TCEYF reached as high as $311.0 million in Q4 2021 and fell as low as -$512.8 million in Q1 2021.
  • Median Deferred Taxes over the past 5 years was $70.6 million (2021), compared with a mean of $45.6 million.
  • On a YoY basis, Deferred Taxes climbed as much as 347.0% in 2023 and fell as far as 761.38% in 2023.
  • Over 5 years, Deferred Taxes stood at $311.0 million in 2021, then sank by 85.79% to $44.2 million in 2022, then slumped by 761.38% to -$292.3 million in 2023, then soared by 111.51% to $33.6 million in 2024, then soared by 128.05% to $76.7 million in 2025.
  • Per Business Quant, the three latest TCEYF Deferred Taxes figures stand at $76.7 million (Q4 2025), $98.1 million (Q3 2025), and $226.6 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 197.61 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 281.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 14.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 93.00 Mn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 123.90 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn -
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 256.00 Mn
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 97.00 Mn
10 Tc Energy - - 2.95 Bn 76.73 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 76.73 Mn
Sep 30, 2025 98.10 Mn
Jun 30, 2025 226.62 Mn
Mar 31, 2025 146.35 Mn
Dec 31, 2024 68.72 Mn
Sep 30, 2024 120.95 Mn
Jun 30, 2024 65.07 Mn
Mar 31, 2024 106.12 Mn
Dec 31, 2023 -292.35 Mn
Sep 30, 2023 27.60 Mn
Jun 30, 2023 106.46 Mn
Mar 31, 2023 169.39 Mn
Dec 31, 2022 44.20 Mn
Sep 30, 2022 9.20 Mn
Jun 30, 2022 42.35 Mn
Mar 31, 2022 37.89 Mn
Dec 31, 2021 310.99 Mn
Sep 30, 2021 -13.50 Mn
Jun 30, 2021 72.40 Mn
Mar 31, 2021 -512.77 Mn