Tc Energy (TNCAF) Inventory Average (2009 - 2025)
Tc Energy (TNCAF) posted Inventory Average of $584.5 million for Q4 2025, down 2.7% on a QoQ basis from $600.7 million in Q3 2025, and down 10.54% year-on-year from $653.3 million in Q4 2024.
Tc Energy (TNCAF) Inventory Average (2009 - 2025) Analysis & Trends
Tc Energy has disclosed Inventory Average across 17 years of filings, most recently posting $584.5 million for Q4 2025.
- Inventory Average for Q4 2025 came in at $584.5 million, down 10.54% year-over-year; the trailing twelve-month figure through Dec 2025 was $584.5 million (down 10.54% YoY), and the FY2025 annual result was $552.7 million, down 1.05% from the prior year.
- Inventory Average came in at $584.5 million for Q4 2025 at Tc Energy, down from $600.7 million in the prior quarter.
- Over the last five years, Inventory Average for TNCAF reached as high as $847.7 million in Q3 2023 and fell as low as $504.7 million in Q1 2021.
- Median Inventory Average over the past 5 years was $679.7 million (2022), compared with a mean of $676.3 million.
- Year-over-year, Inventory Average jumped 71.67% in 2021 and decreased 27.19% in 2025.
- Over 5 years, Inventory Average stood at $582.3 million in 2021, then surged by 30.31% to $758.8 million in 2022, then retreated by 2.28% to $741.5 million in 2023, then fell by 11.9% to $653.3 million in 2024, then slipped by 10.54% to $584.5 million in 2025.
- Per Business Quant, the three latest TNCAF Inventory Average figures stand at $584.5 million (Q4 2025), $600.7 million (Q3 2025), and $567.4 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.25 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 583.50 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.56 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 4.71 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 381.85 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 175.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.04 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 165.50 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 247.00 Mn |
| 10 | Tc Energy | - | - | 2.95 Bn | 584.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 584.48 Mn |
| Sep 30, 2025 | 600.72 Mn |
| Jun 30, 2025 | 567.38 Mn |
| Mar 31, 2025 | 538.12 Mn |
| Dec 31, 2024 | 653.32 Mn |
| Sep 30, 2024 | 757.01 Mn |
| Jun 30, 2024 | 779.22 Mn |
| Mar 31, 2024 | 691.33 Mn |
| Dec 31, 2023 | 741.54 Mn |
| Sep 30, 2023 | 847.72 Mn |
| Jun 30, 2023 | 753.28 Mn |
| Mar 31, 2023 | 708.71 Mn |
| Dec 31, 2022 | 758.82 Mn |
| Sep 30, 2022 | 823.86 Mn |
| Jun 30, 2022 | 790.74 Mn |
| Mar 31, 2022 | 668.11 Mn |
| Dec 31, 2021 | 582.31 Mn |
| Sep 30, 2021 | 603.45 Mn |
| Jun 30, 2021 | 571.82 Mn |
| Mar 31, 2021 | 504.74 Mn |