Tc Energy (TCEYF) Interest Expenses (2009 - 2025)

Tc Energy (TCEYF) recorded quarterly Interest Expenses of $626.0 million in Q4 2025, up 1.72% quarter-over-quarter from $615.5 million in Q3 2025, and up 28.79% on a YoY basis from $486.1 million in Q4 2024.

Tc Energy (TCEYF) Interest Expenses (2009 - 2025) Analysis & Trends

Tc Energy's Interest Expenses history runs 17 years deep, the most recent figure standing at $626.0 million for Q4 2025.

  • In Q4 2025, Interest Expenses rose 28.79% year-over-year to $626.0 million; the TTM figure through Dec 2025 stood at $2.4 billion (up 10.48% YoY), while the FY2025 annual figure was $2.4 billion, up 10.79% from the prior year.
  • Interest Expenses was $626.0 million for Q4 2025 at Tc Energy, up from $615.5 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $645.2 million in Q3 2023 to a low of -$484.7 million in Q4 2021.
  • Historically, Interest Expenses has averaged $495.7 million across 5 years, with a median of $566.6 million in 2024.
  • The sharpest annual moves came in 2021 and 2022: Interest Expenses slumped 219.23% in 2021, then surged 209.73% in 2022.
  • A 5-year view of Interest Expenses shows it stood at -$484.7 million in 2021, then soared by 209.73% to $531.9 million in 2022, then advanced by 7.3% to $570.7 million in 2023, then dropped by 14.84% to $486.1 million in 2024, then gained by 28.79% to $626.0 million in 2025.
  • The last three Interest Expenses figures came in at $626.0 million (Q4 2025), $615.5 million (Q3 2025), and $611.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 891.09 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 385.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 947.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -12.23 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 291.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 439.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 626.02 Mn
10 Tc Energy - - 2.95 Bn 626.02 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 626.02 Mn
Dec 31, 2025 626.02 Mn
Sep 30, 2025 615.46 Mn
Sep 30, 2025 615.46 Mn
Jun 30, 2025 611.29 Mn
Jun 30, 2025 611.29 Mn
Mar 31, 2025 585.41 Mn
Mar 31, 2025 585.41 Mn
Dec 31, 2024 486.06 Mn
Dec 31, 2024 486.06 Mn
Sep 30, 2024 569.58 Mn
Sep 30, 2024 569.58 Mn
Jun 30, 2024 572.48 Mn
Jun 30, 2024 572.48 Mn
Mar 31, 2024 578.85 Mn
Mar 31, 2024 578.85 Mn
Dec 31, 2023 570.73 Mn
Dec 31, 2023 570.73 Mn
Sep 30, 2023 645.23 Mn
Sep 30, 2023 645.23 Mn