TC Energy Corporation (TRP)
NYSE: TRP · Real-Time Price · USD
67.43
-0.66 (-0.97%)
Jul 31, 2026, 4:00 PM EDT - Market closed
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 | 7,922 | 7,643 | 6,606 | 6,668 | 5,797 | 6,680 |
Operating Income Operating Income Growth | 7,062 | 6,762 | 5,786 | 5,887 | 4,499 | 3,131 |
Net Income Net Income Growth | 3,475 | 3,400 | 4,594 | 2,829 | 641 | 1,815 |
Earnings Per Share EPS Growth | 3.34 | 3.27 | 4.43 | 2.75 | 0.64 | 1.86 |
EPS Growth | -18.18% | -26.20% | 61.09% | 329.69% | -65.59% | -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 | 2,074 | 168 | 801 | 3,678 | 620 | 673 |
Total Debt Total Debt Growth | 63,743 | 60,086 | 59,366 | 63,201 | 58,300 | 52,766 |
Net Cash (Debt) Net Cash Growth | -61,669 | -59,918 | -58,565 | -59,523 | -57,680 | -52,093 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -59.24 | -57.61 | -56.42 | -57.79 | -57.91 | -53.48 |
| 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 | 50.49% | 50.15% | 47.97% | 50.26% | 47.10% | 49.90% |
Operating Margin | 45.01% | 44.37% | 42.02% | 44.37% | 36.55% | 23.39% |
Pretax Margin | 8.95% | 35.72% | 42.89% | 24.86% | 3.85% | 16.18% |
Profit Margin | 27.04% | 26.87% | 39.06% | 23.13% | 6.38% | 15.28% |
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 3, 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 | 2.479 | 3.400 | 3.703 | 3.720 | 3.600 | 3.480 |
Dividend Per Share Growth | -0.92% | -8.17% | -0.47% | 3.33% | 3.45% | 7.41% |
Dividend Yield | 3.68% | 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 | Aug '26 Aug 3, 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 | 28.65 | 23.12 | 15.12 | 18.82 | 84.34 | 31.63 |
Forward PE | 24.92 | 20.34 | 18.57 | 13.40 | 12.78 | 13.95 |
P/FCF Ratio | 24.24 | 38.19 | 52.02 | - | - | 59.74 |
PS Ratio | 6.35 | 5.16 | 5.05 | 4.05 | 4.46 | 4.31 |