Tc Energy (TCEYF) FCF Payout Ratio (2009 - 2025)

Tc Energy (TCEYF) recorded quarterly FCF Payout Ratio of 1.61 in Q4 2025, down 478.72% quarter-over-quarter from 0.28 in Q3 2025, and down 503.15% on a YoY basis from 0.4 in Q4 2024.

Tc Energy (TCEYF) FCF Payout Ratio (2009 - 2025) Analysis & Trends

Tc Energy's FCF Payout Ratio history runs 17 years deep, the most recent figure standing at 1.61 for Q4 2025.

  • In Q4 2025, FCF Payout Ratio fell 503.15% year-over-year to 1.61; the TTM figure through Dec 2025 stood at 0.46 (down 61.61% YoY), while the FY2025 annual figure was 0.28, up 1.52% from the prior year.
  • FCF Payout Ratio was 1.61 for Q4 2025 at Tc Energy, down from 0.28 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.0 in Q4 2021 to a low of 1.61 in Q4 2025.
  • Historically, FCF Payout Ratio has averaged 0.22 across 5 years, with a median of 0.01 in 2021.
  • The sharpest annual moves came in 2021 and 2024: FCF Payout Ratio soared 85.21% in 2021, then tumbled 9435.51% in 2024.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.0 in 2021, then plunged by 31.24% to 0.0 in 2022, then sank by 9059.69% to 0.25 in 2023, then slipped by 8.7% to 0.27 in 2024, then tumbled by 503.15% to 1.61 in 2025.
  • The last three FCF Payout Ratio figures came in at 1.61 (Q4 2025), 0.28 (Q3 2025), and 0.83 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -1.10
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.05
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.03
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.80
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.42
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -1.37
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 9.63
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -1.61
10 Tc Energy - - 2.95 Bn -1.61

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.61
Sep 30, 2025 -0.28
Jun 30, 2025 -0.83
Mar 31, 2025 -0.29
Dec 31, 2024 -0.27
Sep 30, 2024 -0.27
Jun 30, 2024 -0.33
Mar 31, 2024 -0.27
Dec 31, 2023 -0.25
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 -0.01
Dec 31, 2022 0.00
Sep 30, 2022 0.00
Jun 30, 2022 -0.01
Mar 31, 2022 0.00
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00
Mar 31, 2021 -0.02