Tc Energy (TNCAF) Invested Capital (2009 - 2026)
Tc Energy (TNCAF) posted Invested Capital of $55.2 billion for Q2 2026, up 2.25% on a QoQ basis from $54.0 billion in Q4 2025, and up 3.39% year-over-year from $53.4 billion in Q2 2025.
Analysis
Tc Energy (TNCAF) Invested Capital (2009 - 2026) Analysis & Trends
Tc Energy has reported Invested Capital for 18 years, with the latest figure at $55.2 billion in Q2 2026.
- On a quarterly basis, Invested Capital rose 3.39% year-over-year to $55.2 billion in Q2 2026; TTM through Jun 2026 was $55.2 billion, a 3.39% increase from a year earlier, with the FY2025 full-year figure at $53.9 billion, down 14.89% from the prior year.
- Invested Capital was $55.2 billion for Q2 2026 at Tc Energy, up from $54.0 billion in the prior quarter.
- The five-year high for Invested Capital was $67.5 billion in Q4 2023, with the low at $53.0 billion in Q1 2025.
- Average Invested Capital over 5 years is $59.5 billion, with a median of $60.4 billion recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Invested Capital gained 11.88% in 2023, then declined 18.13% in 2025.
- Over 5 years, Invested Capital stood at $60.4 billion in 2022, then increased by 11.88% to $67.5 billion in 2023, then dropped by 8.1% to $62.0 billion in 2024, then declined by 12.99% to $54.0 billion in 2025, then advanced by 2.25% to $55.2 billion in 2026.
- The last three Invested Capital figures came in at $55.2 billion (Q2 2026), $54.0 billion (Q4 2025), and $54.3 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.43 Bn | 112.31 Bn | 3.07 Bn | 65.13 Bn |
| 2 | Enterprise Products Partners | 85.02 Bn | 84.11 Bn | - | 65.24 Bn |
| 3 | Energy Transfer | 74.51 Bn | 73.47 Bn | 7.40 Bn | 118.95 Bn |
| 4 | Targa Resources | 62.54 Bn | 62.41 Bn | 2.14 Bn | 23.37 Bn |
| 5 | Mplx | 60.94 Bn | 59.91 Bn | 2.73 Bn | 39.89 Bn |
| 6 | Oneok | 60.43 Bn | 60.27 Bn | 2.81 Bn | 57.54 Bn |
| 7 | Enbridge | 55.26 Bn | 55.75 Bn | 5.23 Bn | 130.30 Bn |
| 8 | Gas Transporter Of The South | 22.53 Bn | -3,018.52 Bn | - | 4,588.59 Bn |
| 9 | Plains All American Pipeline | 18.19 Bn | 17.13 Bn | 1.14 Bn | 22.67 Bn |
| 10 | Tc Energy | 16.13 Bn | 15.60 Bn | 1.80 Bn | 55.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.20 Bn |
| Dec 31, 2025 | 53.99 Bn |
| Sep 30, 2025 | 54.28 Bn |
| Jun 30, 2025 | 53.39 Bn |
| Mar 31, 2025 | 53.01 Bn |
| Dec 31, 2024 | 62.05 Bn |
| Sep 30, 2024 | 66.30 Bn |
| Jun 30, 2024 | 60.65 Bn |
| Mar 31, 2024 | 62.18 Bn |
| Dec 31, 2023 | 67.52 Bn |
| Sep 30, 2023 | 66.01 Bn |
| Jun 30, 2023 | 61.53 Bn |
| Mar 31, 2023 | 61.44 Bn |
| Dec 31, 2022 | 60.35 Bn |
| Sep 30, 2022 | 59.63 Bn |
| Jun 30, 2022 | 58.23 Bn |
| Mar 31, 2022 | 56.13 Bn |
| Dec 31, 2021 | 61.26 Bn |
| Sep 30, 2021 | 59.47 Bn |
| Jun 30, 2021 | 60.05 Bn |