TC Energy Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan '26 Jan 30, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	49,544	46,678	36,788	37,767	40,029	31,212
Market Cap Growth	6.46%	26.88%	-2.60%	-5.65%	28.25%	-29.70%
Enterprise Value	94,122	100,305	81,517	78,357	78,387	66,586
Last Close Price	49.33	41.51	28.66	28.11	29.39	22.16
PE Ratio	23.88	15.14	18.98	85.22	31.74	10.92
PS Ratio	5.53	5.05	4.05	4.44	4.30	3.74
PB Ratio	2.15	1.81	1.38	1.60	1.73	1.45
P/TBV Ratio	6.89	6.09	3.70	2.93	3.35	3.30
P/FCF Ratio	41.50	51.97	-	-	59.64	-
P/OCF Ratio	10.74	9.04	7.39	8.57	8.36	6.89
EV/Sales Ratio	10.35	10.85	8.97	9.21	8.43	7.98
EV/EBITDA Ratio	14.03	17.38	13.63	14.81	12.26	12.36
EV/EBIT Ratio	19.56	25.72	19.99	22.36	16.89	17.88
EV/FCF Ratio	78.84	111.67	-	-	116.79	-
Debt / Equity Ratio	1.63	1.57	1.63	1.72	1.59	1.50
Debt / EBITDA Ratio	6.55	6.89	7.21	7.58	5.72	5.89
Debt / FCF Ratio	31.47	44.86	-	-	55.09	-
Asset Turnover	0.12	0.11	0.11	0.11	0.13	0.13
Inventory Turnover	4.93	5.92	4.67	5.12	6.07	7.18
Quick Ratio	0.40	0.40	0.60	0.34	0.37	0.34
Current Ratio	0.63	0.55	0.96	0.43	0.57	0.43
Return on Equity (ROE)	11.34%	12.88%	6.72%	0.45%	6.12%	14.92%
Return on Assets (ROA)	3.09%	2.99%	3.11%	2.90%	4.08%	3.64%
Return on Invested Capital (ROIC)	5.28%	5.01%	4.66%	1.83%	7.53%	6.84%
Return on Capital Employed (ROCE)	5.90%	5.40%	5.30%	5.20%	7.30%	6.60%
Earnings Yield	4.19%	6.76%	5.44%	1.37%	3.39%	9.49%
FCF Yield	2.41%	1.92%	-1.64%	-0.64%	1.68%	-2.21%
Dividend Yield	4.45%	5.99%	8.89%	8.86%	8.23%	9.38%
Payout Ratio	106.73%	86.25%	98.53%	440.91%	176.88%	68.15%
Buyback Yield / Dilution	-0.19%	-0.78%	-3.41%	-2.26%	-3.62%	-0.97%
Total Shareholder Return	4.25%	5.21%	5.48%	6.60%	4.61%	8.42%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.