Tc Energy (TNCAF) Minority Interest (2009 - 2025)
Tc Energy (TNCAF) recorded quarterly Minority Interest of $6.9 billion in Q4 2025, down 6.26% quarter-over-quarter from $7.3 billion in Q3 2025, and down 10.66% on a YoY basis from $7.7 billion in Q4 2024.
Tc Energy (TNCAF) Minority Interest (2009 - 2025) Analysis & Trends
Tc Energy's Minority Interest history runs 17 years deep, the most recent figure standing at $6.9 billion for Q4 2025.
- In Q4 2025, Minority Interest fell 10.66% year-over-year to $6.9 billion; the TTM figure through Dec 2025 stood at $6.9 billion (down 10.66% YoY), while the FY2025 annual figure was $6.9 billion, down 12.44% from the prior year.
- Minority Interest was $6.9 billion for Q4 2025 at Tc Energy, down from $7.3 billion in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $7.7 billion in Q4 2024 to a low of $92.8 million in Q4 2022.
- Historically, Minority Interest has averaged $3.0 billion across 5 years, with a median of $240.3 million in 2023.
- The sharpest annual moves came in 2021 and 2023: Minority Interest sank 92.68% in 2021, then jumped 7381.89% in 2023.
- A 5-year view of Minority Interest shows it stood at $99.2 million in 2021, then dropped by 6.4% to $92.8 million in 2022, then surged by 7381.89% to $6.9 billion in 2023, then gained by 10.99% to $7.7 billion in 2024, then decreased by 10.66% to $6.9 billion in 2025.
- The last three Minority Interest figures came in at $6.9 billion (Q4 2025), $7.3 billion (Q3 2025), and $7.1 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 | 6.89 Bn |
| Sep 30, 2025 | 7.35 Bn |
| Jun 30, 2025 | 7.12 Bn |
| Mar 31, 2025 | 7.49 Bn |
| Dec 31, 2024 | 7.71 Bn |
| Sep 30, 2024 | 7.35 Bn |
| Jun 30, 2024 | 429.91 Mn |
| Mar 31, 2024 | 7.10 Bn |
| Dec 31, 2023 | 6.95 Bn |
| Sep 30, 2023 | 239.44 Mn |
| Jun 30, 2023 | 241.20 Mn |
| Mar 31, 2023 | 164.21 Mn |
| Dec 31, 2022 | 92.82 Mn |
| Sep 30, 2022 | 99.68 Mn |
| Jun 30, 2022 | 96.47 Mn |
| Mar 31, 2022 | 97.89 Mn |
| Dec 31, 2021 | 99.17 Mn |
| Sep 30, 2021 | 98.51 Mn |
| Jun 30, 2021 | 99.25 Mn |
| Mar 31, 2021 | 98.76 Mn |