TC Energy Corporation (TSX:TRP)
Canada · Delayed Price · Currency is CAD 96.47
-3.12 (-3.13%)
Jul 27, 2026, 4:00 PM EST
TC Energy Financials Overview
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 15,477 | 15,239 | 13,771 | 13,267 | 12,309 | 13,387 |
Revenue Growth | 11.47% | 10.66% | 3.80% | 7.78% | -8.05% | 2.99% |
Gross Profit Gross Profit Growth | 7,786 | 7,643 | 6,606 | 6,668 | 5,797 | 6,680 |
Operating Income Operating Income Growth | 6,935 | 6,762 | 5,786 | 5,887 | 4,499 | 3,131 |
Net Income Net Income Growth | 3,321 | 3,400 | 4,594 | 2,829 | 641 | 1,815 |
Earnings Per Share EPS Growth | 3.19 | 3.27 | 4.43 | 2.75 | 0.64 | 1.86 |
EPS Growth | -24.30% | -26.27% | 61.09% | 329.69% | -65.59% | -60.76% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Canadian Natural Gas Pipelines Canadian Natural Gas Pipelines Growth | 5,868 | 5,785 | 5,600 | 5,173 | 4,764 | 4,519 |
US Natural Gas Pipelines US Natural Gas Pipelines Growth | 7,056 | 7,145 | 6,339 | 6,229 | 5,933 | 5,233 |
Mexico Natural Gas Pipelines Mexico Natural Gas Pipelines Growth | 1,650 | 1,450 | 870 | 846 | 688 | 605 |
Power & Energy Solutions Power & Energy Solutions Growth | 894 | 845 | 954 | 1,019 | 924 | 724 |
Revenue (Total) Revenue (Total) Growth | 15,477 | 15,239 | 13,771 | 13,267 | 12,309 | 13,387 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,083 | 168 | 801 | 3,678 | 620 | 673 |
Total Debt Total Debt Growth | 61,809 | 60,086 | 59,366 | 63,201 | 58,300 | 52,766 |
Net Cash (Debt) Net Cash Growth | -60,726 | -59,918 | -58,565 | -59,523 | -57,680 | -52,093 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -58.28 | -57.56 | -56.42 | -57.79 | -57.91 | -53.48 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 8,590 | 7,346 | 7,696 | 7,268 | 6,375 | 6,890 |
Capital Expenditures CapEx Growth | -4,796 | -5,286 | -6,358 | -8,149 | -6,727 | -5,924 |
Free Cash Flow Free Cash Flow Growth | 3,794 | 2,060 | 1,338 | -881 | -352 | 966 |
Free Cash Flow Growth | 449.85% | 53.96% | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 50.31% | 50.15% | 47.97% | 50.26% | 47.10% | 49.90% |
Operating Margin | 44.81% | 44.37% | 42.02% | 44.37% | 36.55% | 23.39% |
Pretax Margin | 9.08% | 35.72% | 42.89% | 24.86% | 3.85% | 16.18% |
Profit Margin | 26.30% | 26.87% | 39.06% | 23.13% | 6.38% | 15.28% |
FCF Margin | 24.51% | 13.52% | 9.72% | -6.64% | -2.86% | 7.22% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 3.510 | 3.400 | 3.703 | 3.720 | 3.600 | 3.480 |
Dividend Per Share Growth | -0.79% | -8.17% | -0.47% | 3.33% | 3.45% | 7.41% |
Dividend Yield | 3.64% | 4.46% | 5.68% | 5.23% | 5.94% | 5.79% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 28.46 | 23.14 | 15.12 | 18.82 | 84.34 | 31.63 |
Forward PE | 26.06 | 20.34 | 18.57 | 13.40 | 12.78 | 13.95 |
P/FCF Ratio | 26.49 | 38.19 | 52.02 | - | - | 59.74 |
PS Ratio | 6.49 | 5.16 | 5.05 | 4.05 | 4.46 | 4.31 |