Tc Energy (TCEYF) Total Debt (2009 - 2025)

Tc Energy (TCEYF) posted Total Debt of $33.6 billion for Q4 2025, down 2.24% on a QoQ basis from $34.3 billion in Q3 2025, and down 2.21% year-on-year from $34.3 billion in Q4 2024.

Tc Energy (TCEYF) Total Debt (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Total Debt across 17 years of filings, most recently posting $33.6 billion for Q4 2025.

  • Total Debt for Q4 2025 came in at $33.6 billion, down 2.21% year-over-year; the trailing twelve-month figure through Dec 2025 was $33.6 billion (down 2.21% YoY), and the FY2025 annual result was $33.5 billion, down 4.34% from the prior year.
  • Total Debt came in at $33.6 billion for Q4 2025 at Tc Energy, down from $34.3 billion in the prior quarter.
  • Over the last five years, Total Debt for TCEYF reached as high as $44.0 billion in Q3 2024 and fell as low as $30.2 billion in Q1 2022.
  • Median Total Debt over the past 5 years was $33.9 billion (2021), compared with a mean of $35.0 billion.
  • Year-over-year, Total Debt grew 27.04% in 2023 and fell 21.95% in 2025.
  • Over 5 years, Total Debt stood at $30.7 billion in 2021, then dropped by 0.22% to $30.6 billion in 2022, then grew by 27.0% to $38.9 billion in 2023, then declined by 11.72% to $34.3 billion in 2024, then dropped by 2.21% to $33.6 billion in 2025.
  • Per Business Quant, the three latest TCEYF Total Debt figures stand at $33.6 billion (Q4 2025), $34.3 billion (Q3 2025), and $33.5 billion (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 78.78 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 32.06 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 33.91 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 69.34 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 19.13 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 25.63 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 32.01 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 14.22 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 36.58 Bn
10 Tc Energy - - 2.95 Bn 33.55 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 33.55 Bn
Sep 30, 2025 34.32 Bn
Jun 30, 2025 33.53 Bn
Mar 31, 2025 33.71 Bn
Dec 31, 2024 34.31 Bn
Sep 30, 2024 43.98 Bn
Jun 30, 2024 38.63 Bn
Mar 31, 2024 39.85 Bn
Dec 31, 2023 38.87 Bn
Sep 30, 2023 40.91 Bn
Jun 30, 2023 36.34 Bn
Mar 31, 2023 35.87 Bn
Dec 31, 2022 30.60 Bn
Sep 30, 2022 32.20 Bn
Jun 30, 2022 32.62 Bn
Mar 31, 2022 30.22 Bn
Dec 31, 2021 30.67 Bn
Sep 30, 2021 33.74 Bn
Jun 30, 2021 34.01 Bn
Mar 31, 2021 32.73 Bn