Tc Energy (TCEYF) Retained Earnings (2009 - 2025)

Tc Energy (TCEYF) recorded quarterly Retained Earnings of -$4.2 billion in Q4 2025, up 2.97% quarter-over-quarter from -$4.4 billion in Q3 2025, and down 13.25% on a YoY basis from -$4.9 billion in Q4 2024.

Tc Energy (TCEYF) Retained Earnings (2009 - 2025) Analysis & Trends

Tc Energy's Retained Earnings history runs 17 years deep, the most recent figure standing at -$4.2 billion for Q4 2025.

  • In Q4 2025, Retained Earnings fell 13.25% year-over-year to -$4.2 billion; the TTM figure through Dec 2025 stood at -$4.2 billion (down 13.25% YoY), while the FY2025 annual figure was -$4.2 billion, down 10.99% from the prior year.
  • Retained Earnings was -$4.2 billion for Q4 2025 at Tc Energy, up from -$4.4 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $3.0 billion in Q4 2021 to a low of -$4.4 billion in Q3 2025.
  • Historically, Retained Earnings has averaged -$340.9 million across 5 years, with a median of $478.9 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Retained Earnings rose 5.72% in 2022, then plunged 685.76% in 2024.
  • A 5-year view of Retained Earnings shows it stood at $3.0 billion in 2021, then tumbled by 79.84% to $603.4 million in 2022, then tumbled by 464.86% to -$2.2 billion in 2023, then slumped by 70.43% to -$3.8 billion in 2024, then slipped by 13.25% to -$4.2 billion in 2025.
  • The last three Retained Earnings figures came in at -$4.2 billion (Q4 2025), -$4.4 billion (Q3 2025), and -$4.1 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -14.30 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -15.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -9.86 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 72.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 1.63 Bn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 5.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -14.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 2.47 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -4.25 Bn
10 Tc Energy - - 2.95 Bn -4.25 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.25 Bn
Sep 30, 2025 -4.38 Bn
Jun 30, 2025 -4.14 Bn
Mar 31, 2025 -3.59 Bn
Dec 31, 2024 -3.75 Bn
Sep 30, 2024 -1.74 Bn
Jun 30, 2024 -2.08 Bn
Mar 31, 2024 -2.06 Bn
Dec 31, 2023 -2.20 Bn
Sep 30, 2023 820.52 Mn
Jun 30, 2023 354.36 Mn
Mar 31, 2023 874.32 Mn
Dec 31, 2022 603.36 Mn
Sep 30, 2022 2.44 Bn
Jun 30, 2022 2.55 Bn
Mar 31, 2022 2.57 Bn
Dec 31, 2021 2.99 Bn
Sep 30, 2021 2.80 Bn
Jun 30, 2021 2.93 Bn
Mar 31, 2021 2.44 Bn