Tc Energy (TCNCF) Accumulated Expenses (2009 - 2025)

Tc Energy (TCNCF) posted Accumulated Expenses of $615.3 million for Q4 2025, up 1.89% on a QoQ basis from $603.8 million in Q3 2025, and up 3.8% year-on-year from $592.7 million in Q4 2024.

Tc Energy (TCNCF) Accumulated Expenses (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Accumulated Expenses across 17 years of filings, most recently posting $615.3 million for Q4 2025.

  • Accumulated Expenses for Q4 2025 came in at $615.3 million, up 3.8% year-over-year; the trailing twelve-month figure through Dec 2025 was $615.3 million (up 3.8% YoY), and the FY2025 annual result was $614.1 million, up 1.54% from the prior year.
  • Accumulated Expenses came in at $615.3 million for Q4 2025 at Tc Energy, up from $603.8 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for TCNCF reached as high as $671.6 million in Q1 2024 and fell as low as $456.7 million in Q1 2021.
  • Median Accumulated Expenses over the past 5 years was $556.5 million (2025), compared with a mean of $554.2 million.
  • Year-over-year, Accumulated Expenses jumped 36.27% in 2023 and fell 14.91% in 2025.
  • Over 5 years, Accumulated Expenses stood at $457.8 million in 2021, then gained by 7.51% to $492.1 million in 2022, then surged by 36.27% to $670.6 million in 2023, then dropped by 11.62% to $592.7 million in 2024, then grew by 3.8% to $615.3 million in 2025.
  • Per Business Quant, the three latest TCNCF Accumulated Expenses figures stand at $615.3 million (Q4 2025), $603.8 million (Q3 2025), and $592.5 million (Q2 2025).

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 615.26 Mn
Sep 30, 2025 603.83 Mn
Jun 30, 2025 592.53 Mn
Mar 31, 2025 571.47 Mn
Dec 31, 2024 592.72 Mn
Sep 30, 2024 636.29 Mn
Jun 30, 2024 625.86 Mn
Mar 31, 2024 671.61 Mn
Dec 31, 2023 670.63 Mn
Sep 30, 2023 620.61 Mn
Jun 30, 2023 537.49 Mn
Mar 31, 2023 541.46 Mn
Dec 31, 2022 492.12 Mn
Sep 30, 2022 526.75 Mn
Jun 30, 2022 487.08 Mn
Mar 31, 2022 457.11 Mn
Dec 31, 2021 457.75 Mn
Sep 30, 2021 461.55 Mn
Jun 30, 2021 464.52 Mn
Mar 31, 2021 456.68 Mn