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 Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 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 |
| 70,117 | 56,031 | 49,567 | 38,225 | 39,132 | 41,100 | |
Market Cap Growth | 43.39% | 13.04% | 29.67% | -2.32% | -4.79% | 18.63% |
Enterprise Value | 122,395 | 107,147 | 100,722 | 89,127 | 82,078 | 80,770 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 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 | 28.72 | 23.12 | 15.12 | 18.82 | 84.34 | 31.63 |
Forward PE | 25.42 | 20.34 | 18.57 | 13.40 | 12.78 | 13.95 |
PEG Ratio | - | 16.64 | 16.64 | 23.64 | 2.56 | 3.49 |
PS Ratio | 6.35 | 5.16 | 5.05 | 4.05 | 4.46 | 4.31 |
PB Ratio | 2.66 | 2.88 | 2.52 | 1.82 | 1.62 | 1.73 |
P/TBV Ratio | 5.96 | 6.66 | 6.04 | 3.77 | 2.93 | 2.97 |
P/FCF Ratio | 24.24 | 38.19 | 52.02 | - | - | 59.74 |
P/OCF Ratio | 11.40 | 10.71 | 9.04 | 7.39 | 8.62 | 8.38 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 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 | 11.08 | 9.87 | 10.27 | 9.43 | 9.36 | 8.47 |
EV/EBITDA Ratio | 17.48 | 15.79 | 16.50 | 14.44 | 16.27 | 20.06 |
EV/EBIT Ratio | 24.61 | 22.25 | 24.44 | 21.26 | 25.62 | 36.22 |
EV/FCF Ratio | 42.31 | 73.04 | 105.71 | - | - | 117.41 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 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 | 1.56 | 1.59 | 1.47 | 1.54 | 1.65 | 1.54 |
Debt / EBITDA Ratio | 6.41 | 6.30 | 6.92 | 7.29 | 8.23 | 9.33 |
Debt / FCF Ratio | 15.70 | 29.17 | 44.37 | - | - | 54.62 |
Net Debt / Equity Ratio | 2.22 | 2.19 | 2.12 | 2.01 | 1.70 | 1.57 |
Net Debt / EBITDA Ratio | 6.20 | 6.29 | 6.83 | 6.87 | 8.14 | 9.22 |
Net Debt / FCF Ratio | 15.19 | 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 | 9.04 | 9.94 | 9.44 | 7.73 | 7.85 | 9.91 |
Quick Ratio | 0.35 | 0.30 | 0.32 | 0.52 | 0.25 | 0.38 |
Current Ratio | 0.61 | 0.63 | 0.55 | 0.96 | 0.43 | 0.57 |
Return on Equity (ROE) | 11.41% | 10.88% | 13.91% | 8.39% | 2.33% | 6.12% |
Return on Assets (ROA) | 4.77% | 4.51% | 4.01% | 3.66% | 1.32% | 2.89% |
Return on Invested Capital (ROIC) | 5.87% | 5.52% | 5.00% | 4.61% | 1.63% | 3.54% |
Return on Capital Employed (ROCE) | 6.43% | 6.25% | 5.24% | 5.59% | 4.77% | 3.49% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 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 | 3.49% | 4.33% | 6.61% | 5.31% | 1.19% | 3.16% |
FCF Yield | 4.13% | 2.62% | 1.92% | - | - | 1.67% |
Dividend Yield | 3.68% | 4.46% | 5.68% | 5.23% | 5.94% | 5.79% |
Payout Ratio | 105.56% | 103.15% | 86.05% | 98.52% | 497.97% | 182.75% |
Buyback Yield / Dilution | -0.14% | -0.19% | -0.78% | -3.41% | -2.26% | -3.62% |
Total Shareholder Return | 3.53% | 4.27% | 4.91% | 1.81% | 3.68% | 2.18% |