Tc Energy (TCNCF) Non-Current Deferred Tax Liability (2011 - 2025)
Tc Energy (TCNCF) recorded quarterly Non-Current Deferred Tax Liability of $5.5 billion in Q4 2025, little changed quarter-over-quarter from $5.5 billion in Q3 2025, and up 11.71% on a YoY basis from $4.9 billion in Q4 2024.
Tc Energy (TCNCF) Non-Current Deferred Tax Liability (2011 - 2025) Analysis & Trends
Tc Energy's Non-Current Deferred Tax Liability history runs 15 years deep, the most recent figure standing at $5.5 billion for Q4 2025.
- In Q4 2025, Non-Current Deferred Tax Liability rose 11.71% year-over-year to $5.5 billion; the TTM figure through Dec 2025 stood at $5.5 billion (up 11.71% YoY), while the FY2025 annual figure was $5.5 billion, up 9.49% from the prior year.
- Non-Current Deferred Tax Liability was $5.5 billion for Q4 2025 at Tc Energy, roughly flat from $5.5 billion in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $6.3 billion in Q3 2023 to a low of $3.9 billion in Q1 2021.
- Historically, Non-Current Deferred Tax Liability has averaged $5.3 billion across 5 years, with a median of $5.3 billion in 2025.
- The sharpest annual moves came in 2022 and 2025: Non-Current Deferred Tax Liability rose 26.16% in 2022, then retreated 20.07% in 2025.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $4.9 billion in 2021, then rose by 15.63% to $5.6 billion in 2022, then declined by 9.11% to $5.1 billion in 2023, then retreated by 3.77% to $4.9 billion in 2024, then increased by 11.71% to $5.5 billion in 2025.
- The last three Non-Current Deferred Tax Liability figures came in at $5.5 billion (Q4 2025), $5.5 billion (Q3 2025), and $5.2 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 | 5.51 Bn |
| Dec 31, 2025 | 5.51 Bn |
| Sep 30, 2025 | 5.48 Bn |
| Sep 30, 2025 | 5.48 Bn |
| Jun 30, 2025 | 5.22 Bn |
| Jun 30, 2025 | 5.22 Bn |
| Mar 31, 2025 | 5.02 Bn |
| Mar 31, 2025 | 5.02 Bn |
| Dec 31, 2024 | 4.93 Bn |
| Dec 31, 2024 | 4.93 Bn |
| Sep 30, 2024 | 5.77 Bn |
| Sep 30, 2024 | 5.77 Bn |
| Jun 30, 2024 | 5.68 Bn |
| Jun 30, 2024 | 5.68 Bn |
| Mar 31, 2024 | 6.29 Bn |
| Mar 31, 2024 | 6.29 Bn |
| Dec 31, 2023 | 5.12 Bn |
| Dec 31, 2023 | 5.12 Bn |
| Sep 30, 2023 | 6.29 Bn |
| Sep 30, 2023 | 6.29 Bn |