Tc Energy (TNCAF) Prepaid Assets (2011 - 2025)

Tc Energy (TNCAF) recorded quarterly Prepaid Assets of $1.7 billion in Q4 2025, down 1.6% quarter-over-quarter from $1.7 billion in Q3 2025, and up 77.68% on a YoY basis from $958.5 million in Q4 2024.

Tc Energy (TNCAF) Prepaid Assets (2011 - 2025) Analysis & Trends

Tc Energy's Prepaid Assets history runs 15 years deep, the most recent figure standing at $1.7 billion for Q4 2025.

  • In Q4 2025, Prepaid Assets rose 77.68% year-over-year to $1.7 billion; the TTM figure through Dec 2025 stood at $1.7 billion (up 77.68% YoY), while the FY2025 annual figure was $1.7 billion, up 74.14% from the prior year.
  • Prepaid Assets was $1.7 billion for Q4 2025 at Tc Energy, down from $1.7 billion in the prior quarter.
  • In the past five years, Prepaid Assets ranged from a high of $2.1 billion in Q3 2023 to a low of $958.5 million in Q4 2024.
  • Historically, Prepaid Assets has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2021.
  • The sharpest annual moves came in 2021 and 2025: Prepaid Assets jumped 101.8% in 2021, then slumped 40.18% in 2025.
  • A 5-year view of Prepaid Assets shows it stood at $1.4 billion in 2021, then climbed by 16.39% to $1.6 billion in 2022, then slumped by 34.26% to $1.0 billion in 2023, then dropped by 8.04% to $958.5 million in 2024, then jumped by 77.68% to $1.7 billion in 2025.
  • The last three Prepaid Assets figures came in at $1.7 billion (Q4 2025), $1.7 billion (Q3 2025), and $1.6 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
DateValue
Dec 31, 2025 1.70 Bn
Sep 30, 2025 1.73 Bn
Jun 30, 2025 1.56 Bn
Mar 31, 2025 1.19 Bn
Dec 31, 2024 958.52 Mn
Sep 30, 2024 1.85 Bn
Jun 30, 2024 1.65 Bn
Mar 31, 2024 2.00 Bn
Dec 31, 2023 1.04 Bn
Sep 30, 2023 2.13 Bn
Jun 30, 2023 1.75 Bn
Mar 31, 2023 1.72 Bn
Dec 31, 2022 1.59 Bn
Sep 30, 2022 1.61 Bn
Jun 30, 2022 1.32 Bn
Mar 31, 2022 1.51 Bn
Dec 31, 2021 1.36 Bn
Sep 30, 2021 1.99 Bn
Jun 30, 2021 1.61 Bn
Mar 31, 2021 1.31 Bn