Tc Energy (TCNCF) Receivables - Net (2009 - 2025)
Tc Energy (TCNCF) recorded quarterly Receivables - Net of $2.0 billion in Q4 2025, up 11.45% quarter-over-quarter from $1.8 billion in Q3 2025, and up 7.19% on a YoY basis from $1.9 billion in Q4 2024.
Tc Energy (TCNCF) Receivables - Net (2009 - 2025) Analysis & Trends
Tc Energy's Receivables - Net history runs 17 years deep, the most recent figure standing at $2.0 billion for Q4 2025.
- In Q4 2025, Receivables - Net rose 7.19% year-over-year to $2.0 billion; the TTM figure through Dec 2025 stood at $2.0 billion (up 7.19% YoY), while the FY2025 annual figure was $2.0 billion, up 5.06% from the prior year.
- Receivables - Net was $2.0 billion for Q4 2025 at Tc Energy, up from $1.8 billion in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $3.1 billion in Q1 2024 to a low of $1.8 billion in Q4 2023.
- Historically, Receivables - Net has averaged $2.3 billion across 5 years, with a median of $2.3 billion in 2023.
- The sharpest annual moves came in 2021 and 2025: Receivables - Net soared 58.31% in 2021, then tumbled 42.43% in 2025.
- A 5-year view of Receivables - Net shows it stood at $2.5 billion in 2021, then gained by 8.84% to $2.7 billion in 2022, then sank 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.
- The last three Receivables - Net figures came in at $2.0 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 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 | 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 |