Tc Energy TNCAF
NYSE TNCAF
$15.70 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tc Energy (TNCAF) FCF Payout Ratio (2009 - 2026)

Tc Energy (TNCAF) posted FCF Payout Ratio of 0.1 for Q2 2026, up 35.43% on a QoQ basis from 0.16 in Q4 2025, and down 305.86% year-over-year from 0.05 in Q2 2025.

Analysis

Tc Energy (TNCAF) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Tc Energy has reported FCF Payout Ratio for 18 years, with the latest figure at 0.1 in Q2 2026.

  • On a quarterly basis, FCF Payout Ratio fell 305.86% year-over-year to 0.1 in Q2 2026; TTM through Jun 2026 was 0.08, a 59.18% decrease from a year earlier, with the FY2025 full-year figure at 0.45, down 730.03% from the prior year.
  • FCF Payout Ratio was 0.1 for Q2 2026 at Tc Energy, up from 0.16 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 0.0 in Q4 2022, with the low at 0.16 in Q4 2025.
  • Average FCF Payout Ratio over 5 years is 0.04, with a median of 0.02 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio surged 79.81% in 2022, then plunged 2800.86% in 2024.
  • Over 5 years, FCF Payout Ratio stood at 0.0 in 2022, then tumbled by 697.32% to 0.02 in 2023, then fell by 7.82% to 0.02 in 2024, then tumbled by 588.29% to 0.16 in 2025, then soared by 35.43% to 0.1 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.1 (Q2 2026), 0.16 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Kinder Morgan 112.43 Bn 112.31 Bn 3.07 Bn 0.68
2 Enterprise Products Partners 85.02 Bn 84.11 Bn - 0.59
3 Energy Transfer 74.51 Bn 73.47 Bn 7.40 Bn 0.46
4 Targa Resources 62.54 Bn 62.41 Bn 2.14 Bn 0.63
5 Mplx 60.94 Bn 59.91 Bn 2.73 Bn 1.25
6 Oneok 60.43 Bn 60.27 Bn 2.81 Bn 0.47
7 Enbridge 55.26 Bn 55.75 Bn 5.23 Bn 1.87
8 Gas Transporter Of The South 22.53 Bn -3,018.52 Bn - -
9 Plains All American Pipeline 18.19 Bn 17.13 Bn 1.14 Bn 0.12
10 Tc Energy 16.13 Bn 15.60 Bn 1.80 Bn 0.10
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.10
Dec 31, 2025 -0.16
Sep 30, 2025 -0.03
Jun 30, 2025 -0.03
Mar 31, 2025 -0.08
Dec 31, 2024 -0.02
Sep 30, 2024 -0.08
Jun 30, 2024 -0.03
Mar 31, 2024 -0.08
Dec 31, 2023 -0.02
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 -0.01
Dec 31, 2022 0.00
Sep 30, 2022 0.00
Jun 30, 2022 -0.01
Mar 31, 2022 0.00
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00