Tc Energy (TNCAF) Interest Expenses (2009 - 2025)

Tc Energy (TNCAF) posted Interest Expenses of $626.0 million for Q4 2025, up 1.72% on a QoQ basis from $615.5 million in Q3 2025, and up 28.79% year-on-year from $486.1 million in Q4 2024.

Tc Energy (TNCAF) Interest Expenses (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Interest Expenses across 17 years of filings, most recently posting $626.0 million for Q4 2025.

  • Interest Expenses for Q4 2025 came in at $626.0 million, up 28.79% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.4 billion (up 10.48% YoY), and the FY2025 annual result was $2.4 billion, up 10.58% from the prior year.
  • Interest Expenses came in at $626.0 million for Q4 2025 at Tc Energy, up from $615.5 million in the prior quarter.
  • Over the last five years, Interest Expenses for TNCAF reached as high as $645.2 million in Q3 2023 and fell as low as -$484.7 million in Q4 2021.
  • Median Interest Expenses over the past 5 years was $566.6 million (2024), compared with a mean of $495.7 million.
  • Year-over-year, Interest Expenses sank 219.23% in 2021 and soared 209.73% in 2022.
  • Over 5 years, Interest Expenses stood at -$484.7 million in 2021, then soared by 209.73% to $531.9 million in 2022, then advanced by 7.3% to $570.7 million in 2023, then dropped by 14.84% to $486.1 million in 2024, then gained by 28.79% to $626.0 million in 2025.
  • Per Business Quant, the three latest TNCAF Interest Expenses figures stand at $626.0 million (Q4 2025), $615.5 million (Q3 2025), and $611.3 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 891.09 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 385.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 947.00 Mn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 291.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 439.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 181.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 444.00 Mn
10 Tc Energy - - 2.95 Bn 626.02 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 626.02 Mn
Dec 31, 2025 626.02 Mn
Sep 30, 2025 615.46 Mn
Sep 30, 2025 615.46 Mn
Jun 30, 2025 611.29 Mn
Jun 30, 2025 611.29 Mn
Mar 31, 2025 585.41 Mn
Mar 31, 2025 585.41 Mn
Dec 31, 2024 486.06 Mn
Dec 31, 2024 486.06 Mn
Sep 30, 2024 569.58 Mn
Sep 30, 2024 569.58 Mn
Jun 30, 2024 572.48 Mn
Jun 30, 2024 572.48 Mn
Mar 31, 2024 578.85 Mn
Mar 31, 2024 578.85 Mn
Dec 31, 2023 570.73 Mn
Dec 31, 2023 570.73 Mn
Sep 30, 2023 645.23 Mn
Sep 30, 2023 645.23 Mn