TC Energy Corporation

TC Energy Corporation

TRP
TC Energy CorporationUS flagNew York Stock Exchange
68.03
USD
+1.90
- -
70.83BMarket Cap
TC Energy Corporation
TRP
(New York Stock Exchange)

Recent

price

67.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.92
11.17
11.36
12.44
14.39
16.01
16.53
15.42
15.17
14.27
13.83
13.76
12.37
12.88
13.27
14.65
14.87
Revenue per Share
1.78
2.17
1.84
2.42
2.46
-1.75
0.16
3.44
3.92
4.28
4.74
1.87
0.64
2.75
4.43
3.27
3.19
Basic EPS, GAAP
4.16
5.25
5.07
5.2
5.97
6.18
6.68
6
7.27
7.62
7.51
7.08
6.41
7.06
7.41
7.06
8.26
Free Cash Flow per Basic Share
1.09
1.45
1.82
1.92
2.03
2.17
2.02
1.71
1.92
2.11
3.35
3.55
3.31
2.8
3.9
3.48
3.51
Dividend per Share
6.23
23.7
23.77
24.39
24.97
20.97
27.98
26.14
28.77
30.51
31.76
31.34
29.96
26.22
23.95
23.36
23.39
Book Value per Share
16.01
18.62
18.79
19.42
18.09
12.43
7.84
10.59
13.06
16.72
17.89
17.81
18.87
23.28
21.38
20.8
20.82
Tangible Book Value per Share
691
702
705
707
708
709
759
872
902
929
940
973
995
1,030
1,038
1,040
1,040
Basic Weighted Avg Shares
6,852
7,839
8,007
8,797
10,185
11,353
12,547
13,449
13,679
13,255
12,999
13,387
12,309
13,267
13,771
15,239
15,477
Sales/Revenue/Turnover
28.23
35.11
32.12
32.69
32.32
31.1
32.04
33.73
41.53
43.65
44.65
44.12
41.19
44.37
42.02
44.37
44.81
Operating Margin (%)
1,160
1,328
1,375
1,485
1,611
1,765
1,939
2,055
2,350
2,464
2,590
2,522
2,584
2,778
2,788
2,769
2,814
Depreciation Expense
1,278
1,581
1,354
1,786
1,840
-1,146
233
3,157
3,702
4,140
4,616
1,955
748
2,922
4,698
3,519
3,440
Net Income, GAAP
21.74
25.16
24.05
24.23
29.43
- -
42.05
- -
10.94
14.54
3.8
5.54
67.93
25.53
15.61
20.9
20.42
Effective Tax Rate (%)
18.65
20.17
16.91
20.3
18.07
-10.09
1.86
23.47
27.06
31.23
35.51
14.6
6.08
22.02
34.12
23.09
22.23
Profit Margin (%)
-2,424
-2,412
-3,057
-2,211
-4,467
-3,444
404
-5,197
-7,811
-5,248
-6,786
-5,618
-9,575
-445
-4,778
-3,643
-3,674
Working Capital
18,814
18,740
19,013
22,955
24,120
31,318
42,243
38,882
44,017
43,370
43,838
46,660
50,519
60,663
56,475
57,822
58,162
LT Debt
17,884
18,259
18,336
20,136
20,653
18,155
25,983
26,891
30,993
32,397
33,473
33,396
34,116
39,008
38,360
36,899
37,158
Total Equity
3.93
5.17
4.86
5.04
4.89
- -
3.75
- -
6.67
6.03
6.72
6.56
1.81
4.48
4.86
5.46
5.54
Return on Invested Capital (%)
6.08
6.19
4.78
5.51
4.98
- -
1.23
- -
7.09
6.49
7.15
4.35
1.58
4.85
6.13
5.34
5.29
Return on Capital (%)
29.05
14.57
7.78
10.07
9.98
-7.62
0.69
13.61
14.52
14.65
15.32
6.02
2.13
9.96
17.72
13.83
13.46
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5,260
2,806
3,647
LT Borrowings
56,102
57,452
58,162
LT Finance Leases
- -
370
- -
Preferred Equity and Hybrid Capital
2,499
2,255
2,255
Shares Outstanding
1,041
1,041
1,042
Market Capitalization
78,754
78,564
90,602

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
7,778
6,316
6,828
Cash, Cash Equivalents & STI
1,802
168
1,083
Accounts Receivable, Net
2,474
2,794
2,380
Inventories
837
782
857
Total Current Liabilities
12,299
9,959
10,502
Payables & Accruals
6,619
5,660
6,686
ST Debt
5,260
2,806
3,647
Deferred Revenue
- -
46
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.05%
2.16%
-3.81%
Free Cash Flow
5.73%
1.1%
-4.55%
Net Income, GAAP
138.21%
41.39%
-25.1%
Sales/Revenue/Turnover
3.16%
3.43%
10.66%
Total Cash Common Dividend
11.57%
4.99%
-11.3%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,509
3,327
3,358
1,360
13,771
2025
3,623
3,744
3,704
4,168
15,239
2026
3,861
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.16
0.93
1.4
0.94
4.43
2025
0.94
0.8
0.59
0.94
3.27
2026
0.86
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.95
0.98
0.98
0.98
3.9
2025
0.85
0.88
0.88
0.88
3.48
2026
0.88
- -
- -
- -
- -
Business
TC Energy Corporation (TSX, NYSE: TRP) operates as one of North America's leading energy infrastructure companies, developing and operating extensive networks of natural gas pipelines, liquids pipelines, power generation facilities and energy storage assets across Canada, the United States and Mexico. Founded in 1951 and headquartered at TC Energy Tower in Calgary, Alberta, Canada, with U.S. headquarters in the TC Energy Center in Houston, Texas, the company transports natural gas through its Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines segments; moves crude oil and liquid hydrocarbons via its Liquids Pipelines segment, including the Keystone System; generates approximately 7,000 megawatts of power from nuclear, natural gas-fired, wind and other renewable sources in its Power and Energy Solutions segment; and provides unregulated natural gas storage services to balance supply and demand. TC Energy serves utilities, industrial users, power generators, refineries, oil producers, provincial grids and local distribution companies, with operations emphasizing reliable transportation, compression, storage and electricity provision supported by long-term contracts and strategic infrastructure connecting key supply basins to demand markets. Recent developments include the mechanical completion of the Southeast Gateway natural gas pipeline project in Mexico 13% under budget at US$3.9 billion in 2024 as part of its public-private partnership with Comisión Federal de Electricidad targeting an in-service date of May 1, 2025; the completion of the sale of the Portland Natural Gas Transmission System in August 2024 for gross proceeds of US$1.14 billion, advancing toward a $3 billion asset divestiture target to strengthen its balance sheet and reduce debt-to-EBITDA to 4.75 times by year-end; an increase in its common share dividend for the twenty-fifth consecutive year announced with fourth-quarter 2024 results; and ongoing investments in renewable energy projects, energy efficiency, green fuels and carbon capture alongside expansions in LNG-related natural gas delivery.

Company News

APIChat
  • Energy ETFs: MLPX Delivers More Income, Lower Fees

  • Midstream: Robust Gas Backlogs Drive Growth Visibility

  • This Under-the-Radar Nuclear Energy Stock Could Be Your Ticket to Big Gains

  • TC Energy announces 2026 annual meeting Board of Directors election results

  • TC Energy Corporation (TRP:CA) Shareholder/Analyst Call Transcript

  • TC Energy's Q1 Earnings Surpass Estimates, Revenues Miss

  • TC Energy: Present Valuation Reduces The Appeal

  • This Dividend ETF Is up 30% in 6 Months With a 3.7% Dividend Yield

  • TC Energy Corporation (TRP:CA) Q1 2026 Earnings Call Transcript

  • TC Energy (TRP) Q1 Earnings Surpass Estimates

  • TC Energy beats first-quarter profit estimates

  • TC Energy reports strong first quarter 2026 operating and financial results

  • Crescent Energy (CRGY) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

  • TC Energy (TRP) Reports Next Week: Wall Street Expects Earnings Growth

  • Eagle Global Advisors LLC Decreases Stock Holdings in TC Energy Corporation $TRP

  • Comparing Itm Power (OTCMKTS:ITMPF) and TC Energy (NYSE:TRP)

  • Cardinal Capital Management Inc. Sells 99,127 Shares of TC Energy Corporation $TRP

  • High-Yield And Tax-Advantaged Income Funds From NEOS (April Update)

  • TC Energy Corporation (NYSE:TRP) Receives Average Recommendation of “Hold” from Analysts

  • Stock Traders Buy High Volume of TC Energy Put Options (NYSE:TRP)