Tc Energy (TNCAF) Tax Provisions (2009 - 2026)
Tc Energy (TNCAF) posted Tax Provisions of $61.4 million for Q2 2026, down 40.08% on a QoQ basis from $102.5 million in Q4 2025, and up 270.19% year-over-year from $16.6 million in Q2 2025.
Analysis
Tc Energy (TNCAF) Tax Provisions (2009 - 2026) Analysis & Trends
Tc Energy has reported Tax Provisions for 18 years, with the latest figure at $61.4 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 270.19% year-over-year to $61.4 million in Q2 2026; TTM through Jun 2026 was $266.3 million, a 24.37% decrease from a year earlier, with the FY2025 full-year figure at $814.5 million, up 20.95% from the prior year.
- Tax Provisions was $61.4 million for Q2 2026 at Tc Energy, down from $102.5 million in the prior quarter.
- The five-year high for Tax Provisions was $588.4 million in Q4 2023, with the low at -$47.1 million in Q4 2022.
- Average Tax Provisions over 5 years is $108.3 million, with a median of $82.8 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions jumped 1347.88% in 2023, then tumbled 78.59% in 2024.
- Over 5 years, Tax Provisions stood at -$47.1 million in 2022, then soared by 1347.88% to $588.4 million in 2023, then sank by 78.59% to $126.0 million in 2024, then retreated by 18.61% to $102.5 million in 2025, then slumped by 40.08% to $61.4 million in 2026.
- The last three Tax Provisions figures came in at $61.4 million (Q2 2026), $102.5 million (Q4 2025), and $85.7 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.43 Bn | 112.31 Bn | 3.07 Bn | 272.00 Mn |
| 2 | Enterprise Products Partners | 85.02 Bn | 84.11 Bn | - | 12.00 Mn |
| 3 | Energy Transfer | 74.51 Bn | 73.47 Bn | 7.40 Bn | 194.00 Mn |
| 4 | Targa Resources | 62.54 Bn | 62.41 Bn | 2.14 Bn | 227.20 Mn |
| 5 | Mplx | 60.94 Bn | 59.91 Bn | 2.73 Bn | 2.00 Mn |
| 6 | Oneok | 60.43 Bn | 60.27 Bn | 2.81 Bn | 299.00 Mn |
| 7 | Enbridge | 55.26 Bn | 55.75 Bn | 5.23 Bn | 319.53 Mn |
| 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 | 107.00 Mn |
| 10 | Tc Energy | 16.13 Bn | 15.60 Bn | 1.80 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.45 Mn |
| Dec 31, 2025 | 102.54 Mn |
| Sep 30, 2025 | 85.74 Mn |
| Jun 30, 2025 | 16.60 Mn |
| Mar 31, 2025 | 57.84 Mn |
| Dec 31, 2024 | 125.99 Mn |
| Sep 30, 2024 | 151.74 Mn |
| Jun 30, 2024 | 39.48 Mn |
| Mar 31, 2024 | 43.04 Mn |
| Dec 31, 2023 | 588.36 Mn |
| Sep 30, 2023 | 72.36 Mn |
| Jun 30, 2023 | 85.61 Mn |
| Mar 31, 2023 | 82.85 Mn |
| Dec 31, 2022 | -47.15 Mn |
| Sep 30, 2022 | 84.34 Mn |
| Jun 30, 2022 | 73.73 Mn |
| Mar 31, 2022 | 217.11 Mn |
| Dec 31, 2021 | -90.44 Mn |
| Sep 30, 2021 | 120.75 Mn |
| Jun 30, 2021 | 47.18 Mn |