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
DateValue
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