TC Energy Corporation (TSX:TRP)
Canada · Delayed Price · Currency is CAD 88.01
-0.84 (-0.95%)
Aug 17, 2026, 2:39 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 | Jun '26 Jun 30, 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 | 15,690 | 15,239 | 13,771 | 13,267 | 12,309 | 13,387 |
Revenue Growth | 9.71% | 10.66% | 3.80% | 7.78% | -8.05% | 2.99% |
Gross Profit Gross Profit Growth | 10,909 | 10,519 | 9,252 | 9,114 | 8,059 | 9,283 |
Operating Income Operating Income Growth | 7,062 | 6,762 | 5,786 | 5,887 | 5,070 | 6,680 |
Net Income Net Income Growth | 3,475 | 3,400 | 4,594 | 2,829 | 641 | 1,815 |
Earnings Per Share EPS Growth | 3.33 | 3.27 | 4.43 | 2.74 | 0.64 | 1.86 |
EPS Growth | -18.23% | -26.20% | 61.28% | 325.97% | -65.36% | -60.76% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 | 5,921 | 5,785 | 5,600 | 5,173 | 4,764 | 4,519 |
US Natural Gas Pipelines US Natural Gas Pipelines Growth | 7,135 | 7,145 | 6,339 | 6,229 | 5,933 | 5,233 |
Mexico Natural Gas Pipelines Mexico Natural Gas Pipelines Growth | 1,720 | 1,450 | 870 | 846 | 688 | 605 |
Power & Energy Solutions Power & Energy Solutions Growth | 909 | 845 | 954 | 1,019 | 924 | 724 |
Revenue (Total) Revenue (Total) Growth | 15,690 | 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 | Jun '26 Jun 30, 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 | 2,477 | 581 | 1,130 | 4,248 | 1,228 | 832 |
Total Debt Total Debt Growth | 63,846 | 61,021 | 60,016 | 63,705 | 58,809 | 53,213 |
Net Cash (Debt) Net Cash Growth | -61,369 | -60,440 | -58,886 | -59,457 | -57,581 | -52,381 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -58.95 | -58.12 | -56.73 | -57.73 | -57.81 | -53.78 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 | 8,634 | 7,346 | 7,696 | 7,268 | 6,375 | 6,890 |
Capital Expenditures CapEx Growth | -4,575 | -5,286 | -6,358 | -8,149 | -6,727 | -5,924 |
Free Cash Flow Free Cash Flow Growth | 4,059 | 2,060 | 1,338 | -881 | -352 | 966 |
Free Cash Flow Growth | 182.07% | 53.96% | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 | 69.53% | 69.03% | 67.18% | 68.70% | 65.47% | 69.34% |
Operating Margin | 45.01% | 44.37% | 42.02% | 44.37% | 41.19% | 49.90% |
Pretax Margin | 35.02% | 35.72% | 42.89% | 24.86% | 3.85% | 16.18% |
Profit Margin | 22.15% | 22.31% | 33.36% | 21.32% | 5.21% | 13.56% |
FCF Margin | 25.87% | 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 | Aug '26 Aug 17, 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 | 3.26% | -8.17% | -0.47% | 3.33% | 3.45% | 7.41% |
Dividend Yield | 3.95% | 4.58% | 5.91% | 8.99% | 8.96% | 8.42% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 17, 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 | 25.31 | 23.14 | 15.14 | 18.98 | 85.22 | 31.74 |
Forward PE | 23.78 | 20.34 | 18.57 | 13.40 | 12.78 | 13.95 |
P/FCF Ratio | 22.81 | 38.19 | 51.97 | - | - | 59.64 |
PS Ratio | 5.90 | 5.16 | 5.05 | 4.05 | 4.44 | 4.30 |