TC Energy Corporation (TSX:TRP)
Canada · Delayed Price · Currency is CAD 86.53
-0.14 (-0.16%)
Sep 4, 2026, 4:00 PM EST
TC Energy Ratios and Metrics
Market cap in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 4, 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 |
| 90,164 | 78,679 | 69,533 | 53,700 | 54,628 | 57,610 | |
Market Cap Growth | 20.61% | 13.15% | 29.48% | -1.70% | -5.18% | 18.42% |
Enterprise Value | 163,504 | 150,517 | 149,419 | 118,993 | 113,338 | 112,815 |
Last Close Price | 86.53 | 74.15 | 62.65 | 41.39 | 40.18 | 41.32 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 4, 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 | 24.65 | 23.14 | 15.14 | 18.98 | 85.22 | 31.74 |
Forward PE | 23.13 | 20.34 | 18.57 | 13.40 | 12.78 | 13.95 |
PS Ratio | 5.75 | 5.16 | 5.05 | 4.05 | 4.44 | 4.30 |
PB Ratio | 2.41 | 2.13 | 1.81 | 1.38 | 1.60 | 1.73 |
P/TBV Ratio | 7.50 | 6.54 | 6.09 | 3.70 | 2.93 | 3.35 |
P/FCF Ratio | 22.21 | 38.19 | 51.97 | - | - | 59.64 |
P/OCF Ratio | 10.44 | 10.71 | 9.04 | 7.39 | 8.57 | 8.36 |
PEG Ratio | 4.09 | 16.64 | 16.64 | 23.64 | 2.56 | 3.49 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 4, 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 |
EV/Sales Ratio | 10.42 | 9.88 | 10.85 | 8.97 | 9.21 | 8.43 |
EV/EBITDA Ratio | 14.28 | 15.79 | 17.96 | 14.28 | 14.81 | 12.26 |
EV/EBIT Ratio | 19.33 | 22.26 | 25.82 | 20.21 | 22.36 | 16.89 |
EV/FCF Ratio | 40.28 | 73.07 | 111.67 | - | - | 116.79 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 4, 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 |
Debt / Equity Ratio | 1.70 | 1.65 | 1.57 | 1.63 | 1.72 | 1.59 |
Debt / EBITDA Ratio | 6.35 | 6.33 | 7.12 | 7.55 | 7.58 | 5.72 |
Debt / FCF Ratio | 15.73 | 29.62 | 44.86 | - | - | 55.09 |
Net Debt / Equity Ratio | 1.64 | 1.64 | 1.54 | 1.52 | 1.69 | 1.57 |
Net Debt / EBITDA Ratio | 6.17 | 6.34 | 7.08 | 7.14 | 7.52 | 5.69 |
Net Debt / FCF Ratio | 15.12 | 29.34 | 44.01 | -67.49 | -163.58 | 54.23 |
Asset Turnover | 0.13 | 0.13 | 0.11 | 0.11 | 0.11 | 0.13 |
Inventory Turnover | 5.44 | 6.17 | 5.95 | 4.87 | 5.12 | 6.07 |
Quick Ratio | 0.41 | 0.49 | 0.40 | 0.60 | 0.34 | 0.37 |
Current Ratio | 0.61 | 0.63 | 0.55 | 0.96 | 0.43 | 0.57 |
Return on Equity (ROE) | 11.83% | 11.44% | 12.88% | 6.72% | 0.45% | 6.12% |
Return on Assets (ROA) | 3.67% | 3.57% | 2.97% | 3.07% | 2.90% | 4.08% |
Return on Invested Capital (ROIC) | 5.79% | 5.50% | 4.99% | 4.61% | 1.83% | 7.53% |
Return on Capital Employed (ROCE) | 6.40% | 6.20% | 5.40% | 5.20% | 5.20% | 7.30% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 4, 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 |
Earnings Yield | 3.85% | 4.47% | 6.76% | 5.44% | 1.37% | 3.39% |
FCF Yield | 4.50% | 2.62% | 1.92% | -1.64% | -0.64% | 1.68% |
Dividend Yield | 4.06% | 4.58% | 5.91% | 8.99% | 8.96% | 8.42% |
Payout Ratio | 102.36% | 102.90% | 86.25% | 98.53% | 440.91% | 176.88% |
Buyback Yield / Dilution | -0.14% | -0.19% | -0.78% | -3.41% | -2.26% | -3.62% |
Total Shareholder Return | 3.91% | 4.39% | 5.13% | 5.57% | 6.70% | 4.81% |