TC Energy Corporation (TRP)
NYSE: TRP · Real-Time Price · USD
62.51
+0.83 (1.35%)
At close: Feb 19, 2026, 4:00 PM EST
63.74
+1.23 (1.97%)
After-hours: Feb 19, 2026, 4:23 PM EST

TC Energy Statistics

Total Valuation

TC Energy has a market cap or net worth of $64.31 billion. The enterprise value is $117.18 billion.

Market Cap64.31B
Enterprise Value 117.18B

Important Dates

The last earnings date was Friday, February 13, 2026, before market open.

Earnings Date Feb 13, 2026
Ex-Dividend Date Dec 31, 2025

Share Statistics

TC Energy has 1.00 billion shares outstanding. The number of shares has increased by 0.19% in one year.

Current Share Class 1.04B
Shares Outstanding 1.00B
Shares Change (YoY) +0.19%
Shares Change (QoQ) +0.10%
Owned by Insiders (%) 0.06%
Owned by Institutions (%) 75.67%
Float 1.04B

Valuation Ratios

The trailing PE ratio is 26.24 and the forward PE ratio is 22.83.

PE Ratio 26.24
Forward PE 22.83
PS Ratio 5.79
Forward PS 4.01
PB Ratio 2.39
P/TBV Ratio 7.33
P/FCF Ratio 42.77
P/OCF Ratio 12.00
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.86, with an EV/FCF ratio of 77.94.

EV / Earnings 47.26
EV / Sales 10.54
EV / EBITDA 16.86
EV / EBIT 23.76
EV / FCF 77.94

Financial Position

The company has a current ratio of 0.63, with a Debt / Equity ratio of 1.65.

Current Ratio 0.63
Quick Ratio 0.49
Debt / Equity 1.65
Debt / EBITDA 6.33
Debt / FCF 29.60
Interest Coverage 1.98

Financial Efficiency

Return on equity (ROE) is 11.44% and return on invested capital (ROIC) is 5.51%.

Return on Equity (ROE) 11.44%
Return on Assets (ROA) 3.57%
Return on Invested Capital (ROIC) 5.51%
Return on Capital Employed (ROCE) 6.22%
Weighted Average Cost of Capital (WACC) 7.56%
Revenue Per Employee $1.49M
Profits Per Employee $331,647
Employee Count7,477
Asset Turnover 0.13
Inventory Turnover 6.17

Taxes

In the past 12 months, TC Energy has paid $829.98 million in taxes.

Income Tax 829.98M
Effective Tax Rate 20.90%

Stock Price Statistics

The stock price has increased by +34.54% in the last 52 weeks. The beta is 1.00, so TC Energy's price volatility has been similar to the market average.

Beta (5Y) 1.00
52-Week Price Change +34.54%
50-Day Moving Average 56.57
200-Day Moving Average 52.27
Relative Strength Index (RSI) 68.08
Average Volume (20 Days) 2,243,463

Short Selling Information

The latest short interest is 6.68 million, so 0.67% of the outstanding shares have been sold short.

Short Interest 6.68M
Short Previous Month 51.22M
Short % of Shares Out 0.67%
Short % of Float 0.64%
Short Ratio (days to cover) 10.05

Income Statement

In the last 12 months, TC Energy had revenue of $11.11 billion and earned $2.48 billion in profits. Earnings per share was $2.38.

Revenue11.11B
Gross Profit 7.67B
Operating Income 4.93B
Pretax Income 3.97B
Net Income 2.48B
EBITDA 6.95B
EBIT 4.93B
Earnings Per Share (EPS) $2.38
Full Income Statement

Balance Sheet

The company has $423.74 million in cash and $44.50 billion in debt, with a net cash position of -$44.08 billion or -$44.08 per share.

Cash & Cash Equivalents 423.74M
Total Debt 44.50B
Net Cash -44.08B
Net Cash Per Share -$44.08
Equity (Book Value) 26.91B
Book Value Per Share 17.55
Working Capital -2.66B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.36 billion and capital expenditures -$3.86 billion, giving a free cash flow of $1.50 billion.

Operating Cash Flow 5.36B
Capital Expenditures -3.86B
Free Cash Flow 1.50B
FCF Per Share $1.50
Full Cash Flow Statement

Margins

Gross margin is 69.03%, with operating and profit margins of 44.37% and 23.09%.

Gross Margin 69.03%
Operating Margin 44.37%
Pretax Margin 35.72%
Profit Margin 23.09%
EBITDA Margin 62.54%
EBIT Margin 44.37%
FCF Margin 13.53%

Dividends & Yields

This stock pays an annual dividend of $2.45, which amounts to a dividend yield of 3.92%.

Dividend Per Share $2.45
Dividend Yield 3.92%
Dividend Growth (YoY) -9.13%
Years of Dividend Growth n/a
Payout Ratio 102.77%
Buyback Yield -0.19%
Shareholder Yield 3.73%
Earnings Yield 3.86%
FCF Yield 2.34%
Dividend Details

Analyst Forecast

The average price target for TC Energy is $76.67, which is 22.65% higher than the current price. The consensus rating is "Hold".

Price Target $76.67
Price Target Difference 22.65%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) 4.59%
EPS Growth Forecast (5Y) 7.92%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on February 13, 1984. It was a forward split with a ratio of 2:1.

Last Split Date Feb 13, 1984
Split Type Forward
Split Ratio 2:1

Scores

TC Energy has an Altman Z-Score of 0.74 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.74
Piotroski F-Score 7