Tc Energy (TCNCF) Goodwill & Intangibles (2009 - 2025)
Tc Energy (TCNCF) recorded quarterly Goodwill & Intangibles of $9.3 billion in Q4 2025, down 2.85% quarter-over-quarter from $9.6 billion in Q3 2025, and down 4.62% on a YoY basis from $9.8 billion in Q4 2024.
Tc Energy (TCNCF) Goodwill & Intangibles (2009 - 2025) Analysis & Trends
Tc Energy's Goodwill & Intangibles history runs 17 years deep, the most recent figure standing at $9.3 billion for Q4 2025.
- In Q4 2025, Goodwill & Intangibles fell 4.62% year-over-year to $9.3 billion; the TTM figure through Dec 2025 stood at $9.3 billion (down 4.62% YoY), while the FY2025 annual figure was $9.3 billion, down 6.52% from the prior year.
- Goodwill & Intangibles was $9.3 billion for Q4 2025 at Tc Energy, down from $9.6 billion in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $10.0 billion in Q2 2021 to a low of $9.2 billion in Q4 2023.
- Historically, Goodwill & Intangibles has averaged $9.6 billion across 5 years, with a median of $9.5 billion in 2024.
- The sharpest annual moves came in 2021 and 2024: Goodwill & Intangibles fell 12.0% in 2021, then grew 6.31% in 2024.
- A 5-year view of Goodwill & Intangibles shows it stood at $10.0 billion in 2021, then slipped by 5.21% to $9.5 billion in 2022, then retreated by 2.71% to $9.2 billion in 2023, then advanced by 6.31% to $9.8 billion in 2024, then dropped by 4.62% to $9.3 billion in 2025.
- The last three Goodwill & Intangibles figures came in at $9.3 billion (Q4 2025), $9.6 billion (Q3 2025), and $9.3 billion (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| Date | Value |
|---|---|
| Dec 31, 2025 | 9.33 Bn |
| Sep 30, 2025 | 9.61 Bn |
| Jun 30, 2025 | 9.33 Bn |
| Mar 31, 2025 | 9.51 Bn |
| Dec 31, 2024 | 9.79 Bn |
| Sep 30, 2024 | 9.41 Bn |
| Jun 30, 2024 | 9.51 Bn |
| Mar 31, 2024 | 9.53 Bn |
| Dec 31, 2023 | 9.21 Bn |
| Sep 30, 2023 | 9.58 Bn |
| Jun 30, 2023 | 9.35 Bn |
| Mar 31, 2023 | 9.50 Bn |
| Dec 31, 2022 | 9.46 Bn |
| Sep 30, 2022 | 10.01 Bn |
| Jun 30, 2022 | 9.58 Bn |
| Mar 31, 2022 | 9.35 Bn |
| Dec 31, 2021 | 9.98 Bn |
| Sep 30, 2021 | 10.01 Bn |
| Jun 30, 2021 | 10.03 Bn |
| Mar 31, 2021 | 9.87 Bn |