Tc Energy (TCNCF) Interest Coverage Ratio (2009 - 2025)

Tc Energy (TCNCF) recorded quarterly Interest Coverage Ratio of 3.25 in Q4 2025, up 10.14% quarter-over-quarter from 2.95 in Q3 2025, and up 2765.66% on a YoY basis from 0.11 in Q4 2024.

Tc Energy (TCNCF) Interest Coverage Ratio (2009 - 2025) Analysis & Trends

Tc Energy's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 3.25 for Q4 2025.

  • In Q4 2025, Interest Coverage Ratio rose 2765.66% year-over-year to 3.25; the TTM figure through Dec 2025 stood at 3.06 (changed 0.31% YoY), while the FY2025 annual figure was 3.06, up 0.93% from the prior year.
  • Interest Coverage Ratio was 3.25 for Q4 2025 at Tc Energy, up from 2.95 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 4.08 in Q1 2022 to a low of 1.44 in Q1 2021.
  • Historically, Interest Coverage Ratio has averaged 2.57 across 5 years, with a median of 3.13 in 2023.
  • The sharpest annual moves came in 2021 and 2025: Interest Coverage Ratio slumped 148.94% in 2021, then surged 2765.66% in 2025.
  • A 5-year view of Interest Coverage Ratio shows it stood at 1.35 in 2021, then soared by 359.01% to 3.5 in 2022, then climbed by 13.71% to 3.98 in 2023, then tumbled by 97.15% to 0.11 in 2024, then soared by 2765.66% to 3.25 in 2025.
  • The last three Interest Coverage Ratio figures came in at 3.25 (Q4 2025), 2.95 (Q3 2025), and 2.97 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.64
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 4.92
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.15
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -17.95
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 4.17
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 3.25
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 3.25
10 Tc Energy - - 2.95 Bn 3.25

Historic Data

Download Data
DateValue
Dec 31, 2025 3.25
Sep 30, 2025 2.95
Jun 30, 2025 2.97
Mar 31, 2025 3.05
Dec 31, 2024 0.11
Sep 30, 2024 3.77
Jun 30, 2024 3.79
Mar 31, 2024 4.07
Dec 31, 2023 3.98
Sep 30, 2023 0.95
Jun 30, 2023 1.68
Mar 31, 2023 3.22
Dec 31, 2022 3.50
Sep 30, 2022 3.50
Jun 30, 2022 3.70
Mar 31, 2022 4.08
Dec 31, 2021 -1.35
Sep 30, 2021 2.60
Jun 30, 2021 3.00
Mar 31, 2021 -1.44