Tc Energy (TCEYF) EBITDA (2009 - 2025)
Tc Energy (TCEYF) posted EBITDA of $2.0 billion for Q4 2025, up 12.03% on a QoQ basis from $1.8 billion in Q3 2025, and up 3590.78% year-on-year from $55.1 million in Q4 2024.
Tc Energy (TCEYF) EBITDA (2009 - 2025) Analysis & Trends
Tc Energy has disclosed EBITDA across 17 years of filings, most recently posting $2.0 billion for Q4 2025.
- EBITDA for Q4 2025 came in at $2.0 billion, up 3590.78% year-over-year; the trailing twelve-month figure through Dec 2025 was $7.5 billion (up 10.82% YoY), and the FY2025 annual result was $7.5 billion, up 11.62% from the prior year.
- EBITDA came in at $2.0 billion for Q4 2025 at Tc Energy, up from $1.8 billion in the prior quarter.
- Over the last five years, EBITDA for TCEYF reached as high as $2.4 billion in Q1 2024 and fell as low as -$647.9 million in Q1 2021.
- Median EBITDA over the past 5 years was $1.8 billion (2022), compared with a mean of $1.5 billion.
- Year-over-year, EBITDA slumped 151.12% in 2021 and jumped 3590.78% in 2025.
- Over 5 years, EBITDA stood at $654.5 million in 2021, then soared by 184.21% to $1.9 billion in 2022, then increased by 22.02% to $2.3 billion in 2023, then sank by 97.57% to $55.1 million in 2024, then jumped by 3590.78% to $2.0 billion in 2025.
- Per Business Quant, the three latest TCEYF EBITDA figures stand at $2.0 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 1.17 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.53 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 534.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.40 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn | 39.75 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 39.75 Bn |
| Sep 30, 2025 | 1.82 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 1.79 Bn |
| Dec 31, 2024 | 39.23 Bn |
| Sep 30, 2024 | 1.92 Bn |
| Jun 30, 2024 | 2.17 Bn |
| Mar 31, 2024 | 1.64 Bn |
| Dec 31, 2023 | 41.20 Bn |
| Sep 30, 2023 | 1.86 Bn |
| Jun 30, 2023 | 1.87 Bn |
| Mar 31, 2023 | 2.06 Bn |
| Dec 31, 2022 | 39.86 Bn |
| Sep 30, 2022 | 1.27 Bn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 1.87 Bn |
| Dec 31, 2021 | 654.50 Mn |
| Sep 30, 2021 | 1.23 Bn |
| Jun 30, 2021 | 1.42 Bn |
| Mar 31, 2021 | -647.88 Mn |