TC Energy Corporation (TRP)

Income Statement (Annual)

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

Year	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012 - 2001
Revenue	14,977	13,387	12,999	13,255	13,679	13,449	12,547	11,353	10,185	8,797	Upgrade
Revenue Growth (YoY)	11.88%	2.98%	-1.93%	-3.10%	1.71%	7.19%	10.52%	11.47%	15.78%	9.87%	Upgrade
Cost of Revenue	5,466	4,185	3,878	4,278	5,079	6,288	6,033	5,540	4,809	3,991	Upgrade
Gross Profit	9,511	9,202	9,121	8,977	8,600	7,161	6,514	5,813	5,376	4,806	Upgrade
Other Operating Expenses	3,885	6,041	3,367	3,191	3,720	3,250	3,882	6,027	1,967	1,930	Upgrade
Operating Expenses	3,885	6,041	3,367	3,191	3,720	3,250	3,882	6,027	1,967	1,930	Upgrade
Operating Income	5,626	3,161	5,754	5,786	4,880	3,911	2,632	-214	3,409	2,876	Upgrade
Interest Expense / Income	2,588	2,360	2,228	2,333	2,265	2,069	1,998	1,370	1,198	985	Upgrade
Other Expense / Income	1,701	-1,274	-1,284	-1,441	-1,519	-1,226	49	-472	-460	-506	Upgrade
Pretax Income	1,337	2,075	4,810	4,894	4,134	3,068	585	-1,112	2,671	2,397	Upgrade
Income Tax	589	120	194	754	432	-89	352	34	831	611	Upgrade
Net Income	748	1,955	4,616	4,140	3,702	3,157	233	-1,146	1,840	1,786	Upgrade
Preferred Dividends	107	140	159	164	163	160	109	94	97	74	Upgrade
Net Income Common	641	1,815	4,457	3,976	3,539	2,997	124	-1,240	1,743	1,712	Upgrade
Net Income Growth	-64.68%	-59.28%	12.10%	12.35%	18.08%	2316.94%	-	-	1.81%	31.79%	Upgrade
Shares Outstanding (Basic)	995	973	940	929	902	872	759	709	708	707	Upgrade
Shares Outstanding (Diluted)	996	974	940	931	903	874	760	709	710	708	Upgrade
Shares Change	2.26%	3.62%	0.97%	3.10%	3.32%	15.00%	7.19%	-0.14%	0.28%	0.28%	Upgrade
EPS (Basic)	0.64	1.87	4.74	4.28	3.92	3.44	0.16	-1.75	2.46	2.42	Upgrade
EPS (Diluted)	0.64	1.86	4.74	4.27	3.92	3.43	0.16	-1.75	2.46	2.42	Upgrade
EPS Growth	-65.59%	-60.76%	11.01%	8.93%	14.29%	2043.75%	-	-	1.65%	31.52%	Upgrade
Free Cash Flow	-352	966	-1,077	-1,100	-2,889	-1,665	-233	-45	-111	-1,078	Upgrade
Free Cash Flow Per Share	-0.35	0.99	-1.15	-1.18	-3.20	-1.91	-0.31	-0.06	-0.16	-1.52	Upgrade
Dividend Per Share	2.737	2.764	2.857	3.000	2.096	1.940	1.706	1.602	1.725	1.766	Upgrade
Dividend Growth	-0.98%	-3.26%	-4.77%	43.13%	8.04%	13.72%	6.49%	-7.13%	-2.32%	0.17%	Upgrade
Gross Margin	63.50%	68.74%	70.17%	67.73%	62.87%	53.25%	51.92%	51.20%	52.78%	54.63%	Upgrade
Operating Margin	37.56%	23.61%	44.26%	43.65%	35.68%	29.08%	20.98%	-1.88%	33.47%	32.69%	Upgrade
Profit Margin	4.28%	13.56%	34.29%	30.00%	25.87%	22.28%	0.99%	-10.92%	17.11%	19.46%	Upgrade
Free Cash Flow Margin	-2.35%	7.22%	-8.29%	-8.30%	-21.12%	-12.38%	-1.86%	-0.40%	-1.09%	-12.25%	Upgrade
Effective Tax Rate	44.05%	5.78%	4.03%	15.41%	10.45%	-2.90%	60.17%	-	31.11%	25.49%	Upgrade
EBITDA	6,509	6,957	9,628	9,691	8,749	7,192	4,522	2,023	5,480	4,867	Upgrade
EBITDA Margin	43.46%	51.97%	74.07%	73.11%	63.96%	53.48%	36.04%	17.82%	53.80%	55.33%	Upgrade
Depreciation & Amortization	2,584	2,522	2,590	2,464	2,350	2,055	1,939	1,765	1,611	1,485	Upgrade
EBIT	3,925	4,435	7,038	7,227	6,399	5,137	2,583	258	3,869	3,382	Upgrade
EBIT Margin	26.21%	33.13%	54.14%	54.52%	46.78%	38.20%	20.59%	2.27%	37.99%	38.44%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).