TC Energy Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 23, 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
Market Cap	71,302	78,679	69,603	53,675	54,950	57,712
Market Cap Growth	33.46%	13.04%	29.67%	-2.32%	-4.79%	18.63%
Enterprise Value	122,297	150,456	141,435	125,152	115,255	113,417
Last Close Price	69.41	75.58	66.99	51.76	53.98	58.83
PE Ratio	30.41	23.14	15.12	18.82	84.34	31.63
PS Ratio	6.43	5.16	5.05	4.05	4.46	4.31
PB Ratio	2.68	2.88	2.52	1.82	1.62	1.73
P/TBV Ratio	6.15	6.67	6.04	3.77	2.93	2.97
P/FCF Ratio	26.70	38.19	52.02	-	-	59.74
P/OCF Ratio	11.59	10.71	9.04	7.39	8.62	8.38
EV/Sales Ratio	11.03	9.87	10.27	9.43	9.36	8.47
EV/EBITDA Ratio	17.51	15.79	16.50	14.44	16.27	20.06
EV/EBIT Ratio	24.62	22.25	24.44	21.26	25.62	36.22
EV/FCF Ratio	45.80	73.04	105.71	-	-	117.41
Debt / Equity Ratio	1.63	1.59	1.47	1.54	1.65	1.54
Debt / EBITDA Ratio	6.34	6.30	6.92	7.29	8.23	9.33
Debt / FCF Ratio	16.29	29.17	44.37	-	-	54.62
Net Debt / Equity Ratio	2.21	2.19	2.12	2.01	1.70	1.57
Net Debt / EBITDA Ratio	6.23	6.29	6.83	6.87	8.14	9.22
Net Debt / FCF Ratio	16.01	29.09	43.77	-67.56	-163.86	53.93
Asset Turnover	0.13	0.13	0.11	0.11	0.11	0.13
Inventory Turnover	9.38	9.94	9.44	7.73	7.85	9.91
Quick Ratio	0.33	0.30	0.32	0.52	0.25	0.38
Current Ratio	0.65	0.63	0.55	0.96	0.43	0.57
Return on Equity (ROE)	10.99%	10.88%	13.91%	8.39%	2.33%	6.12%
Return on Assets (ROA)	1.26%	4.51%	4.01%	3.66%	1.32%	2.89%
Return on Invested Capital (ROIC)	1.29%	4.59%	4.12%	3.71%	1.31%	2.86%
Return on Capital Employed (ROCE)	6.33%	6.25%	5.24%	5.59%	4.77%	3.49%
Earnings Yield	3.34%	4.32%	6.61%	5.31%	1.19%	3.16%
FCF Yield	3.74%	2.62%	1.92%	-	-	1.67%
Dividend Yield	3.58%	4.46%	5.68%	5.23%	5.94%	5.79%
Payout Ratio	108.79%	103.15%	86.05%	98.52%	497.97%	182.75%
Buyback Yield / Dilution	-0.17%	-0.29%	-0.78%	-3.41%	-2.26%	-3.62%
Total Shareholder Return	3.41%	4.17%	4.91%	1.81%	3.68%	2.18%

SEC Filings: 10-K · 10-Q