Tc Energy (TRPEF) Non-Current Deferred Tax Liability (2011 - 2025)

Tc Energy (TRPEF) posted Non-Current Deferred Tax Liability of $5.5 billion for Q4 2025, little changed on a QoQ basis from $5.5 billion in Q3 2025, and up 11.71% year-on-year from $4.9 billion in Q4 2024.

Tc Energy (TRPEF) Non-Current Deferred Tax Liability (2011 - 2025) Analysis & Trends

Tc Energy has disclosed Non-Current Deferred Tax Liability across 15 years of filings, most recently posting $5.5 billion for Q4 2025.

  • Non-Current Deferred Tax Liability for Q4 2025 came in at $5.5 billion, up 11.71% year-over-year; the trailing twelve-month figure through Dec 2025 was $5.5 billion (up 11.71% YoY), and the FY2025 annual result was $5.5 billion, up 9.28% from the prior year.
  • Non-Current Deferred Tax Liability came in at $5.5 billion for Q4 2025 at Tc Energy, roughly flat from $5.5 billion in the prior quarter.
  • Over the last five years, Non-Current Deferred Tax Liability for TRPEF reached as high as $6.3 billion in Q3 2023 and fell as low as $3.9 billion in Q1 2021.
  • Median Non-Current Deferred Tax Liability over the past 5 years was $5.3 billion (2025), compared with a mean of $5.3 billion.
  • Year-over-year, Non-Current Deferred Tax Liability gained 26.16% in 2022 and decreased 20.07% in 2025.
  • Over 5 years, Non-Current Deferred Tax Liability stood at $4.9 billion in 2021, then rose by 15.63% to $5.6 billion in 2022, then declined by 9.11% to $5.1 billion in 2023, then retreated by 3.77% to $4.9 billion in 2024, then increased by 11.71% to $5.5 billion in 2025.
  • Per Business Quant, the three latest TRPEF Non-Current Deferred Tax Liability figures stand at $5.5 billion (Q4 2025), $5.5 billion (Q3 2025), and $5.2 billion (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Tc Energy - - 2.95 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 5.51 Bn
Dec 31, 2025 5.51 Bn
Sep 30, 2025 5.48 Bn
Sep 30, 2025 5.48 Bn
Jun 30, 2025 5.22 Bn
Jun 30, 2025 5.22 Bn
Mar 31, 2025 5.02 Bn
Mar 31, 2025 5.02 Bn
Dec 31, 2024 4.93 Bn
Dec 31, 2024 4.93 Bn
Sep 30, 2024 5.77 Bn
Sep 30, 2024 5.77 Bn
Jun 30, 2024 5.68 Bn
Jun 30, 2024 5.68 Bn
Mar 31, 2024 6.29 Bn
Mar 31, 2024 6.29 Bn
Dec 31, 2023 5.12 Bn
Dec 31, 2023 5.12 Bn
Sep 30, 2023 6.29 Bn
Sep 30, 2023 6.29 Bn