Tc Energy (TNCAF) Net Income (2009 - 2025)
Tc Energy (TNCAF) recorded quarterly Net Income of $15.1 million in Q4 2025, up 110.16% quarter-over-quarter from -$148.2 million in Q3 2025, and up 121.47% on a YoY basis from $6.8 million in Q4 2024.
Tc Energy (TNCAF) Net Income (2009 - 2025) Analysis & Trends
Tc Energy's Net Income history runs 17 years deep, the most recent figure standing at $15.1 million for Q4 2025.
- In Q4 2025, Net Income rose 121.47% year-over-year to $15.1 million; the TTM figure through Dec 2025 stood at $811.1 million (up 176.94% YoY), while the FY2025 annual figure was -$152.0 million, down 152.69% from the prior year.
- Net Income was $15.1 million for Q4 2025 at Tc Energy, up from -$148.2 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.4 billion in Q4 2021 to a low of -$1.3 billion in Q1 2021.
- Historically, Net Income has averaged $264.3 million across 5 years, with a median of $158.4 million in 2023.
- Biggest YoY gain for Net Income was 504.95% in 2025; the steepest drop was 269.93% in 2025.
- A 5-year view of Net Income shows it stood at $1.4 billion in 2021, then plunged by 173.47% to -$999.0 million in 2022, then soared by 115.74% to $157.2 million in 2023, then plunged by 144.63% to -$70.2 million in 2024, then surged by 121.47% to $15.1 million in 2025.
- The last three Net Income figures came in at $15.1 million (Q4 2025), -$148.2 million (Q3 2025), and -$20.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 15.06 Mn |
| 10 | Tc Energy | - | - | 2.95 Bn | 15.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 15.06 Mn |
| Sep 30, 2025 | -148.23 Mn |
| Jun 30, 2025 | -20.93 Mn |
| Mar 31, 2025 | 965.23 Mn |
| Dec 31, 2024 | -70.15 Mn |
| Sep 30, 2024 | 87.23 Mn |
| Jun 30, 2024 | 116.25 Mn |
| Mar 31, 2024 | 159.55 Mn |
| Dec 31, 2023 | 157.19 Mn |
| Sep 30, 2023 | -101.45 Mn |
| Jun 30, 2023 | 314.16 Mn |
| Mar 31, 2023 | 1.17 Bn |
| Dec 31, 2022 | -998.97 Mn |
| Sep 30, 2022 | 676.27 Mn |
| Jun 30, 2022 | 772.58 Mn |
| Mar 31, 2022 | 353.68 Mn |
| Dec 31, 2021 | 1.36 Bn |
| Sep 30, 2021 | 843.66 Mn |
| Jun 30, 2021 | 902.20 Mn |
| Mar 31, 2021 | -1.26 Bn |