Tc Energy (TCNCF) FCF Payout Ratio (2009 - 2025)
Tc Energy (TCNCF) recorded quarterly FCF Payout Ratio of 1.61 in Q4 2025, down 478.72% quarter-over-quarter from 0.28 in Q3 2025, and down 503.15% on a YoY basis from 0.4 in Q4 2024.
Tc Energy (TCNCF) FCF Payout Ratio (2009 - 2025) Analysis & Trends
Tc Energy's FCF Payout Ratio history runs 17 years deep, the most recent figure standing at 1.61 for Q4 2025.
- In Q4 2025, FCF Payout Ratio fell 503.15% year-over-year to 1.61; the TTM figure through Dec 2025 stood at 0.46 (down 61.61% YoY), while the FY2025 annual figure was 0.28, up 1.52% from the prior year.
- FCF Payout Ratio was 1.61 for Q4 2025 at Tc Energy, down from 0.28 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.0 in Q4 2021 to a low of 1.61 in Q4 2025.
- Historically, FCF Payout Ratio has averaged 0.22 across 5 years, with a median of 0.01 in 2021.
- The sharpest annual moves came in 2021 and 2024: FCF Payout Ratio soared 85.21% in 2021, then tumbled 9435.51% in 2024.
- A 5-year view of FCF Payout Ratio shows it stood at 0.0 in 2021, then plunged by 31.24% to 0.0 in 2022, then sank by 9059.69% to 0.25 in 2023, then slipped by 8.7% to 0.27 in 2024, then tumbled by 503.15% to 1.61 in 2025.
- The last three FCF Payout Ratio figures came in at 1.61 (Q4 2025), 0.28 (Q3 2025), and 0.83 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | -1.10 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.05 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.03 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.80 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.42 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -1.37 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.63 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | -1.61 |
| 10 | Tc Energy | - | - | 2.95 Bn | -1.61 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.61 |
| Sep 30, 2025 | -0.28 |
| Jun 30, 2025 | -0.83 |
| Mar 31, 2025 | -0.29 |
| Dec 31, 2024 | -0.27 |
| Sep 30, 2024 | -0.27 |
| Jun 30, 2024 | -0.33 |
| Mar 31, 2024 | -0.27 |
| Dec 31, 2023 | -0.25 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | -0.01 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | -0.01 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | -0.02 |