Tc Energy (TNCAF) Revenue (2009 - 2025)
Tc Energy (TNCAF) recorded quarterly Revenue of $3.0 billion in Q4 2025, up 11.05% quarter-over-quarter from $2.7 billion in Q3 2025, and up 207.0% on a YoY basis from $973.6 million in Q4 2024.
Tc Energy (TNCAF) Revenue (2009 - 2025) Analysis & Trends
Tc Energy's Revenue history runs 17 years deep, the most recent figure standing at $3.0 billion for Q4 2025.
- In Q4 2025, Revenue rose 207.0% year-over-year to $3.0 billion; the TTM figure through Dec 2025 stood at $10.9 billion (up 7.97% YoY), while the FY2025 annual figure was $10.9 billion, up 8.64% from the prior year.
- Revenue was $3.0 billion for Q4 2025 at Tc Energy, up from $2.7 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $3.1 billion in Q1 2024 to a low of $973.6 million in Q4 2024.
- Historically, Revenue has averaged $2.7 billion across 5 years, with a median of $2.8 billion in 2021.
- The sharpest annual moves came in 2024 and 2025: Revenue sank 68.71% in 2024, then soared 207.0% in 2025.
- A 5-year view of Revenue shows it stood at $2.8 billion in 2021, then climbed by 4.7% to $3.0 billion in 2022, then gained by 4.52% to $3.1 billion in 2023, then tumbled by 68.71% to $973.6 million in 2024, then jumped by 207.0% to $3.0 billion in 2025.
- The last three Revenue figures came in at $3.0 billion (Q4 2025), $2.7 billion (Q3 2025), and $2.7 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 16.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 14.39 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 4.83 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 27.77 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 3.04 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 4.09 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.62 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.99 Bn |
| 10 | Tc Energy | - | - | 2.95 Bn | 2.99 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.99 Bn |
| Sep 30, 2025 | 2.69 Bn |
| Jun 30, 2025 | 2.70 Bn |
| Mar 31, 2025 | 2.52 Bn |
| Dec 31, 2024 | 973.55 Mn |
| Sep 30, 2024 | 2.99 Bn |
| Jun 30, 2024 | 2.99 Bn |
| Mar 31, 2024 | 3.15 Bn |
| Dec 31, 2023 | 3.11 Bn |
| Dec 31, 2022 | 2.98 Bn |
| Sep 30, 2022 | 2.91 Bn |
| Jun 30, 2022 | 2.85 Bn |
| Mar 31, 2022 | 2.76 Bn |
| Dec 31, 2021 | 2.84 Bn |
| Sep 30, 2021 | 2.57 Bn |
| Jun 30, 2021 | 2.59 Bn |
| Mar 31, 2021 | 2.67 Bn |
| Dec 31, 2020 | 2.53 Bn |
| Dec 31, 2019 | 2.64 Bn |
| Sep 30, 2019 | 2.37 Bn |