TC Energy Corporation (TSX:TRP)
Canada · Delayed Price · Currency is CAD 97.68
+2.56 (2.69%)
Jul 7, 2026, 4:00 PM EST
TC Energy Income Statement
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 |
| 15,477 | 15,239 | 13,771 | 13,267 | 12,309 | 13,387 | |
Revenue Growth (YoY) | 11.47% | 10.66% | 3.80% | 7.78% | -8.05% | 2.99% |
Cost of Revenue | 4,770 | 4,720 | 4,519 | 4,153 | 4,250 | 4,104 |
Gross Profit | 10,707 | 10,519 | 9,252 | 9,114 | 8,059 | 9,283 |
Selling, General & Admin | 107 | 107 | 111 | - | - | - |
Other Operating Expenses | 851 | 881 | 820 | 781 | 727 | 81 |
Operating Expenses | 3,772 | 3,757 | 3,466 | 3,227 | 2,989 | 2,603 |
Operating Income | 6,935 | 6,762 | 5,786 | 5,887 | 5,070 | 6,680 |
Interest Expense | -3,405 | -3,407 | -3,019 | -2,966 | -2,300 | -2,360 |
Interest & Investment Income | 175 | 184 | 313 | 259 | 147 | 192 |
Earnings From Equity Investments | 1,306 | 1,274 | 1,558 | 1,310 | 999 | 898 |
Currency Exchange Gain (Loss) | 114 | 157 | -147 | 320 | -185 | 10 |
Other Non Operating Income (Expenses) | 244 | 453 | 784 | 575 | 369 | 267 |
EBT Excluding Unusual Items | 5,369 | 5,423 | 5,275 | 5,385 | 4,100 | 5,687 |
Merger & Restructuring Charges | - | - | - | - | - | -81 |
Impairment of Goodwill | - | - | - | - | -571 | - |
Gain (Loss) on Sale of Investments | 12 | 21 | 11 | -2,087 | -3,055 | -2 |
Gain (Loss) on Sale of Assets | - | - | 620 | - | - | 30 |
Asset Writedown | - | - | - | - | - | -3,126 |
Other Unusual Items | - | - | - | - | - | -342 |
Pretax Income | 5,381 | 5,444 | 5,906 | 3,298 | 474 | 2,166 |
Income Tax Expense | 1,099 | 1,138 | 922 | 842 | 322 | 120 |
Earnings From Continuing Operations | 4,282 | 4,306 | 4,984 | 2,456 | 152 | 2,046 |
Earnings From Discontinued Operations | -212 | -212 | 395 | 612 | 633 | - |
Net Income to Company | 4,070 | 4,094 | 5,379 | 3,068 | 785 | 2,046 |
Minority Interest in Earnings | -630 | -575 | -681 | -146 | -37 | -91 |
Net Income | 3,440 | 3,519 | 4,698 | 2,922 | 748 | 1,955 |
Preferred Dividends & Other Adjustments | 119 | 119 | 104 | 93 | 107 | 140 |
Net Income to Common | 3,321 | 3,400 | 4,594 | 2,829 | 641 | 1,815 |
Net Income Growth | -23.18% | -25.10% | 60.78% | 290.64% | -61.74% | -57.65% |
Shares Outstanding (Basic) | 1,041 | 1,040 | 1,038 | 1,030 | 995 | 973 |
Shares Outstanding (Diluted) | 1,041 | 1,040 | 1,038 | 1,030 | 996 | 974 |
Shares Change (YoY) | 0.17% | 0.19% | 0.78% | 3.41% | 2.26% | 3.62% |
EPS (Basic) | 3.19 | 3.27 | 4.43 | 2.75 | 0.64 | 1.87 |
EPS (Diluted) | 3.19 | 3.27 | 4.43 | 2.74 | 0.64 | 1.86 |
EPS Growth | -24.26% | -26.20% | 61.28% | 325.97% | -65.36% | -60.76% |
Free Cash Flow | 3,794 | 2,060 | 1,338 | -881 | -352 | 966 |
Free Cash Flow Per Share | 3.65 | 1.98 | 1.29 | -0.85 | -0.35 | 0.99 |
Dividend Per Share | 3.428 | 3.400 | 3.703 | 3.720 | 3.600 | 3.480 |
Dividend Growth | -4.59% | -8.17% | -0.47% | 3.33% | 3.45% | 7.41% |
Gross Margin | 69.18% | 69.03% | 67.18% | 68.70% | 65.47% | 69.34% |
Operating Margin | 44.81% | 44.37% | 42.02% | 44.37% | 41.19% | 49.90% |
Profit Margin | 21.46% | 22.31% | 33.36% | 21.32% | 5.21% | 13.56% |
Free Cash Flow Margin | 24.51% | 13.52% | 9.72% | -6.64% | -2.86% | 7.22% |
EBITDA | 9,749 | 9,531 | 8,321 | 8,333 | 7,654 | 9,202 |
EBITDA Margin | 62.99% | 62.54% | 60.42% | 62.81% | 62.18% | 68.74% |
D&A For EBITDA | 2,814 | 2,769 | 2,535 | 2,446 | 2,584 | 2,522 |
EBIT | 6,935 | 6,762 | 5,786 | 5,887 | 5,070 | 6,680 |
EBIT Margin | 44.81% | 44.37% | 42.02% | 44.37% | 41.19% | 49.90% |
Effective Tax Rate | 20.42% | 20.90% | 15.61% | 25.53% | 67.93% | 5.54% |