Tc Energy (TCNCF) Current Deferred Revenue (2009 - 2025)

Tc Energy (TCNCF) posted Current Deferred Revenue of $4.2 billion for Q4 2025, little changed on a QoQ basis from $4.2 billion in Q3 2025, and up 10.34% year-on-year from $3.8 billion in Q4 2024.

Tc Energy (TCNCF) Current Deferred Revenue (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Current Deferred Revenue across 17 years of filings, most recently posting $4.2 billion for Q4 2025.

  • Current Deferred Revenue for Q4 2025 came in at $4.2 billion, up 10.34% year-over-year; the trailing twelve-month figure through Dec 2025 was $4.2 billion (up 10.34% YoY), and the FY2025 annual result was $4.2 billion, up 7.93% from the prior year.
  • Current Deferred Revenue came in at $4.2 billion for Q4 2025 at Tc Energy, roughly flat from $4.2 billion in the prior quarter.
  • Over the last five years, Current Deferred Revenue for TCNCF reached as high as $4.2 billion in Q3 2025 and fell as low as $3.2 billion in Q1 2021.
  • Median Current Deferred Revenue over the past 5 years was $3.5 billion (2023), compared with a mean of $3.6 billion.
  • Year-over-year, Current Deferred Revenue grew 20.61% in 2021 and retreated 2.39% in 2022.
  • Over 5 years, Current Deferred Revenue stood at $3.4 billion in 2021, then declined by 2.39% to $3.3 billion in 2022, then rose by 3.74% to $3.5 billion in 2023, then gained by 9.89% to $3.8 billion in 2024, then climbed by 10.34% to $4.2 billion in 2025.
  • Per Business Quant, the three latest TCNCF Current Deferred Revenue figures stand at $4.2 billion (Q4 2025), $4.2 billion (Q3 2025), and $4.0 billion (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 4.19 Bn
Sep 30, 2025 4.19 Bn
Jun 30, 2025 3.99 Bn
Mar 31, 2025 3.82 Bn
Dec 31, 2024 3.80 Bn
Sep 30, 2024 3.83 Bn
Jun 30, 2024 3.71 Bn
Mar 31, 2024 3.71 Bn
Dec 31, 2023 3.45 Bn
Sep 30, 2023 3.53 Bn
Jun 30, 2023 3.52 Bn
Mar 31, 2023 3.50 Bn
Dec 31, 2022 3.33 Bn
Sep 30, 2022 3.37 Bn
Jun 30, 2022 3.33 Bn
Mar 31, 2022 3.37 Bn
Dec 31, 2021 3.41 Bn
Sep 30, 2021 3.29 Bn
Jun 30, 2021 3.34 Bn
Mar 31, 2021 3.21 Bn