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

Tc Energy (TCNCF) recorded quarterly Accumulated Expenses of $615.3 million in Q4 2025, up 1.89% quarter-over-quarter from $603.8 million in Q3 2025, and up 3.8% on a YoY basis from $592.7 million in Q4 2024.

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

Tc Energy's Accumulated Expenses history runs 17 years deep, the most recent figure standing at $615.3 million for Q4 2025.

  • In Q4 2025, Accumulated Expenses rose 3.8% year-over-year to $615.3 million; the TTM figure through Dec 2025 stood at $615.3 million (up 3.8% YoY), while the FY2025 annual figure was $615.3 million, up 1.73% from the prior year.
  • Accumulated Expenses was $615.3 million for Q4 2025 at Tc Energy, up from $603.8 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $671.6 million in Q1 2024 to a low of $456.7 million in Q1 2021.
  • Historically, Accumulated Expenses has averaged $554.2 million across 5 years, with a median of $556.5 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Accumulated Expenses soared 36.27% in 2023, then declined 14.91% in 2025.
  • A 5-year view of Accumulated Expenses shows it 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.
  • The last three Accumulated Expenses figures came in at $615.3 million (Q4 2025), $603.8 million (Q3 2025), and $592.5 million (Q2 2025), per Business Quant data.

Peer Comparison

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