Tc Energy TNCAF
NYSE TNCAF
$15.70 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tc Energy (TNCAF) Payout Ratio (2009 - 2026)

Tc Energy (TNCAF) posted Payout Ratio of 0.38 for Q2 2026, up 27.32% on a QoQ basis from 0.53 in Q4 2025, and down 283.35% year-over-year from 0.21 in Q2 2025.

Analysis

Tc Energy (TNCAF) Payout Ratio (2009 - 2026) Analysis & Trends

Tc Energy has reported Payout Ratio for 18 years, with the latest figure at 0.38 in Q2 2026.

  • On a quarterly basis, Payout Ratio fell 283.35% year-over-year to 0.38 in Q2 2026; TTM through Jun 2026 was 0.32, a 94.96% decrease from a year earlier, with the FY2025 full-year figure at 0.27, down 66.26% from the prior year.
  • Payout Ratio was 0.38 for Q2 2026 at Tc Energy, up from 0.53 in the prior quarter.
  • The five-year high for Payout Ratio was 0.06 in Q3 2023, with the low at 0.53 in Q4 2025.
  • Average Payout Ratio over 5 years is 0.13, with a median of 0.09 recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Payout Ratio soared 569.59% in 2023, then tumbled 1370.84% in 2024.
  • Over 5 years, Payout Ratio stood at 0.01 in 2022, then slumped by 855.28% to 0.06 in 2023, then tumbled by 54.26% to 0.09 in 2024, then plunged by 493.34% to 0.53 in 2025, then increased by 27.32% to 0.38 in 2026.
  • The last three Payout Ratio figures came in at 0.38 (Q2 2026), 0.53 (Q4 2025), and 0.18 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.43 Bn 112.31 Bn 3.07 Bn
2 Enterprise Products Partners 85.02 Bn 84.11 Bn -
3 Energy Transfer 74.51 Bn 73.47 Bn 7.40 Bn
4 Targa Resources 62.54 Bn 62.41 Bn 2.14 Bn
5 Mplx 60.94 Bn 59.91 Bn 2.73 Bn
6 Oneok 60.43 Bn 60.27 Bn 2.81 Bn
7 Enbridge 55.26 Bn 55.75 Bn 5.23 Bn
8 Gas Transporter Of The South 22.53 Bn -3,018.52 Bn -
9 Plains All American Pipeline 18.19 Bn 17.13 Bn 1.14 Bn
10 Tc Energy 16.13 Bn 15.60 Bn 1.80 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.38
Dec 31, 2025 -0.53
Sep 30, 2025 -0.18
Jun 30, 2025 -0.10
Mar 31, 2025 -0.22
Dec 31, 2024 -0.09
Sep 30, 2024 -0.21
Jun 30, 2024 -0.09
Mar 31, 2024 -0.24
Dec 31, 2023 -0.06
Sep 30, 2023 0.06
Jun 30, 2023 -0.06
Mar 31, 2023 -0.02
Dec 31, 2022 0.01
Sep 30, 2022 -0.01
Jun 30, 2022 -0.01
Mar 31, 2022 -0.03
Dec 31, 2021 -0.01
Sep 30, 2021 -0.01
Jun 30, 2021 -0.01