Tc Energy (TCNCF) Receivables - Net (2009 - 2025)
Tc Energy (TCNCF) posted Receivables - Net of $2.0 billion for Q4 2025, up 11.45% on a QoQ basis from $1.8 billion in Q3 2025, and up 7.19% year-on-year from $1.9 billion in Q4 2024.
Tc Energy (TCNCF) Receivables - Net (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Receivables - Net across 17 years of filings, most recently posting $2.0 billion for Q4 2025.
- Receivables - Net for Q4 2025 came in at $2.0 billion, up 7.19% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.0 billion (up 7.19% YoY), and the FY2025 annual result was $2.0 billion, up 4.86% from the prior year.
- Receivables - Net came in at $2.0 billion for Q4 2025 at Tc Energy, up from $1.8 billion in the prior quarter.
- Over the last five years, Receivables - Net for TCNCF reached as high as $3.1 billion in Q1 2024 and fell as low as $1.8 billion in Q4 2023.
- Median Receivables - Net over the past 5 years was $2.3 billion (2023), compared with a mean of $2.3 billion.
- Year-over-year, Receivables - Net jumped 58.31% in 2021 and slumped 42.43% in 2025.
- Over 5 years, Receivables - Net stood at $2.5 billion in 2021, then gained by 8.84% to $2.7 billion in 2022, then tumbled by 33.23% to $1.8 billion in 2023, then grew by 4.84% to $1.9 billion in 2024, then gained by 7.19% to $2.0 billion in 2025.
- Per Business Quant, the three latest TCNCF Receivables - Net figures stand at $2.0 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.00 Bn |
| Dec 31, 2025 | 2.00 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 1.80 Bn |
| Mar 31, 2025 | 1.80 Bn |
| Dec 31, 2024 | 1.87 Bn |
| Dec 31, 2024 | 1.87 Bn |
| Sep 30, 2024 | 2.58 Bn |
| Sep 30, 2024 | 2.58 Bn |
| Jun 30, 2024 | 2.94 Bn |
| Jun 30, 2024 | 2.94 Bn |
| Mar 31, 2024 | 3.13 Bn |
| Mar 31, 2024 | 3.13 Bn |
| Dec 31, 2023 | 1.78 Bn |
| Dec 31, 2023 | 1.78 Bn |
| Sep 30, 2023 | 2.66 Bn |
| Sep 30, 2023 | 2.66 Bn |