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 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 | 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 |
| 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% |
Cost of Revenue | 7,768 | 7,596 | 7,165 | 6,599 | 6,512 | 6,707 |
Gross Profit | 7,922 | 7,643 | 6,606 | 6,668 | 5,797 | 6,680 |
Selling, General & Admin | 860 | 881 | 820 | 781 | 727 | 774 |
Other Operating Expenses | - | - | - | - | 571 | 2,775 |
Total Operating Expenses | 860 | 881 | 820 | 781 | 1,298 | 3,549 |
Operating Income | 7,062 | 6,762 | 5,786 | 5,887 | 4,499 | 3,131 |
Interest Income | 1,570 | 1,479 | 1,882 | 1,582 | 999 | 898 |
Interest Expense | -3,227 | -2,954 | -2,235 | -2,391 | -1,791 | -1,903 |
Other Non-Operating Income (Expense) | 90 | 157 | 473 | -1,780 | -3,233 | 40 |
Total Non-Operating Income (Expense) | -1,567 | -1,318 | 120 | -2,589 | -4,025 | -965 |
Pretax Income | 1,405 | 5,444 | 5,906 | 3,298 | 474 | 2,166 |
Provision for Income Taxes | 254 | 1,138 | 922 | 842 | 322 | 120 |
Net Income | 4,243 | 4,094 | 5,379 | 3,068 | 785 | 2,046 |
Minority Interest in Earnings | 648 | 575 | 681 | 146 | 37 | 91 |
Net Income Attributable to Preferred Dividends | 120 | 119 | 104 | 93 | 107 | 140 |
Earnings From Discontinued Operations | - | -212 | 395 | 612 | 633 | - |
Net Income to Common | 3,475 | 3,400 | 4,594 | 2,829 | 641 | 1,815 |
Net Income Growth | -18.02% | -25.99% | 62.39% | 341.34% | -64.68% | -59.28% |
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 | 0.19% | 0.19% | 0.78% | 3.41% | 2.26% | 3.62% |
EPS (Basic) | 3.34 | 3.27 | 4.43 | 2.75 | 0.64 | 1.87 |
EPS (Diluted) | 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% |
Additional Metrics
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 |
Free Cash Flow | 4,059 | 2,060 | 1,338 | -881 | -352 | 966 |
Free Cash Flow Growth | 182.07% | 53.96% | - | - | - | - |
Free Cash Flow Per Share | 3.90 | 1.98 | 1.29 | -0.86 | -0.35 | 0.99 |
Dividends Per Share | 3.455 | 3.400 | 3.703 | 3.720 | 3.600 | 3.480 |
Dividend Growth | -0.79% | -8.17% | -0.47% | 3.33% | 3.45% | 7.41% |
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% |
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% |
EBITDA | 9,942 | 9,531 | 8,574 | 8,665 | 7,083 | 5,653 |
EBITDA Margin | 63.37% | 62.54% | 62.26% | 65.31% | 57.54% | 42.23% |
EBIT | 7,062 | 6,762 | 5,786 | 5,887 | 4,499 | 3,131 |
EBIT Margin | 45.01% | 44.37% | 42.02% | 44.37% | 36.55% | 23.39% |
Effective Tax Rate | 18.08% | 20.90% | 15.61% | 25.53% | 67.93% | 5.54% |