Tc Energy (TNCAF) Receivables (2009 - 2025)

Tc Energy's Receivables history runs 17 years deep, the most recent figure standing at $2.2 billion for Q4 2025.

• In Q4 2025, Receivables fell 25.79% year-over-year to $2.2 billion; the TTM figure through Dec 2025 stood at $2.2 billion (down 25.79% YoY), while the FY2025 annual figure was $2.2 billion, down 27.27% from the prior year.
• Receivables was $2.2 billion for Q4 2025 at Tc Energy, up from $1.8 billion in the prior quarter.
• In the past five years, Receivables ranged from a high of $3.1 billion in Q1 2024 to a low of $1.4 billion in Q3 2021.
• Historically, Receivables has averaged $2.4 billion across 5 years, with a median of $2.4 billion in 2022.
• The sharpest annual moves came in 2022 and 2025: Receivables jumped 93.85% in 2022, then tumbled 42.43% in 2025.
• A 5-year view of Receivables shows it stood at $2.6 billion in 2021, then grew by 5.38% to $2.8 billion in 2022, then slumped by 31.98% to $1.9 billion in 2023, then jumped by 53.59% to $2.9 billion in 2024, then slipped by 25.79% to $2.2 billion in 2025.
• The last three Receivables figures came in at $2.2 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025), per Business Quant data.