TC Energy Corporation (TSX: TRP)

TC Energy Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	15,029	14,977	13,387	12,999	13,255
Revenue Growth (YoY)	0.35%	11.88%	2.98%	-1.93%	-3.10%
Cost of Revenue	8,182	8,050	6,707	6,468	6,742
Gross Profit	6,847	6,927	6,680	6,531	6,513
Selling, General & Admin	114	101	0	0	106
Other Operating Expenses	-897	848	774	727	727
Operating Expenses	897	848	774	727	727
Operating Income	5,950	7,279	7,248	6,996	6,868
Interest Income	242	146	444	173	162
Interest Expense	3,438	2,219	2,093	1,879	1,858
Other Expense / Income	-1,110	3,869	3,524	480	278
Pretax Income	4,010	1,374	2,166	5,107	5,187
Income Tax	942	589	120	194	754
Net Income	2,922	748	1,955	4,616	4,140
Net Income Growth	290.64%	-61.74%	-57.65%	11.50%	11.83%
Shares Outstanding (Basic)	1,030	995	973	940	929
Shares Outstanding (Diluted)	1,030	996	974	940	931
Shares Change	3.41%	2.26%	3.62%	0.97%	3.10%
EPS (Basic)	2.75	0.64	1.87	4.74	4.28
EPS (Diluted)	2.75	0.64	1.86	4.74	4.27
EPS Growth	329.69%	-65.59%	-60.76%	11.01%	4.15%
Free Cash Flow	-858	-352	966	-1,077	-1,100
Free Cash Flow Per Share	-0.83	-0.35	0.99	-1.15	-1.18
Gross Margin	45.56%	46.25%	49.90%	50.24%	49.14%
Operating Margin	39.59%	48.60%	54.14%	53.82%	51.81%
Profit Margin	19.44%	4.99%	14.60%	35.51%	31.23%
Free Cash Flow Margin	-5.71%	-2.35%	7.22%	-8.29%	-8.30%
Effective Tax Rate	23.49%	42.87%	5.54%	3.80%	14.54%
EBITDA	8,728	9,863	9,770	9,586	9,332
EBITDA Margin	58.07%	65.85%	72.98%	73.74%	70.40%
Depreciation & Amortization	2,778	2,584	2,522	2,590	2,464
EBIT	5,950	7,279	7,248	6,996	6,868
EBIT Margin	39.59%	48.60%	54.14%	53.82%	51.81%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.