Income tax expense · 2011–2025

TC Energy income tax expense

$815M+21.0% · FY2025

TC Energy (TRP) reported $815M in income tax expense for fiscal 2025, +21.0% year on year.

$582M2011$466M2012$593M2013$753M2014$26.6M2015$266M2016−$68.6M2017$334M2018$568M2019$145M2020$95.7M2021$248M2022$624M2023$673M2024$815M2025
TC Energy — Income tax expense, 2011–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252025-12-31$815M+21.0%Open →
FY20242024-12-31$673M+7.9%Open →
FY20232023-12-31$624M+151.9%Open →
FY20222022-12-31$248M+158.6%Open →
FY20212021-12-31$95.7M−33.9%Open →
FY20202020-12-31$145M−74.5%Open →
FY20192019-12-31$568M+70.3%Open →
FY20182018-12-31$334M+$402MOpen →
FY20172017-12-31−$68.6M−$334MOpen →
FY20162016-12-31$266M+899.5%Open →
FY20152015-12-31$26.6M−96.5%Open →
FY20142014-12-31$753M+27.0%Open →
FY20132013-12-31$593M+27.2%Open →
FY20122012-12-31$466M−19.8%Open →
FY20112011-12-31$582M—Open →

Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +2.4%

Figures are reported under US GAAP in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.

Income tax expense at companies of similar size

Full ranking by income tax expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=TC Energy income tax expense |url=https://companiesranked.com/en/company/tc-energy/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). TC Energy income tax expense. CompaniesRanked. https://companiesranked.com/en/company/tc-energy/income-tax-expense

BibTeX

@misc{companiesranked-en-company-tc-energy-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{TC Energy income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/tc-energy/income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 40-F · 0001232384-26-000015 · February 13, 2026

{{cite web |title=TC Energy income tax expense — 40-F (0001232384-26-000015) |url=https://www.sec.gov/Archives/edgar/data/1232384/000123238426000015/trp-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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