Tc Energy (TCEYF) FCF Margin (2009 - 2025)

Tc Energy has disclosed FCF Margin across 17 years of filings, most recently posting 13.15% for Q4 2025.

• FCF Margin for Q4 2025 came in at 13.15%, down 26068.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 65.12% (down 3613.0% YoY), and the FY2025 annual result was 13.62%, down 8807.0% from the prior year.
• FCF Margin came in at 13.15% for Q4 2025 at Tc Energy, down from 85.72% in the prior quarter.
• Over the last five years, FCF Margin for TCEYF reached as high as 273.82% in Q4 2024 and fell as low as 13.15% in Q4 2025.
• Median FCF Margin over the past 5 years was 91.86% (2022), compared with a mean of 94.8%.
• Year-over-year, FCF Margin surged 18124 bps in 2024 and plunged 26068 bps in 2025.
• Over 5 years, FCF Margin stood at 95.42% in 2021, then gained by 6 bps to 101.34% in 2022, then retreated by 9 bps to 92.59% in 2023, then surged by 196 bps to 273.82% in 2024, then plunged by 95 bps to 13.15% in 2025.
• Per Business Quant, the three latest TCEYF FCF Margin figures stand at 13.15% (Q4 2025), 85.72% (Q3 2025), and 87.66% (Q2 2025).