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 Statistics

Total Valuation

TC Energy has a market cap or net worth of $70.12 billion. The enterprise value is $122.40 billion.

Market Cap70.12B
Enterprise Value 122.40B

Important Dates

The last earnings date was Thursday, July 30, 2026, before market open.

Earnings Date Jul 30, 2026
Ex-Dividend Date Jun 30, 2026

Share Statistics

TC Energy has 1.00 billion shares outstanding. The number of shares has increased by 0.14% in one year.

Current Share Class 1.04B
Shares Outstanding 1.00B
Shares Change (YoY) +0.14%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.04%
Owned by Institutions (%) 73.25%
Float 1.04B

Valuation Ratios

The trailing PE ratio is 28.65 and the forward PE ratio is 24.92.

PE Ratio 28.65
Forward PE 24.92
PS Ratio 6.35
Forward PS 4.25
PB Ratio 2.66
P/TBV Ratio 8.28
P/FCF Ratio 24.24
P/OCF Ratio 11.40
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.48, with an EV/FCF ratio of 42.31.

EV / Earnings 50.02
EV / Sales 11.08
EV / EBITDA 17.48
EV / EBIT 24.61
EV / FCF 42.31

Financial Position

The company has a current ratio of 0.61, with a Debt / Equity ratio of 1.70.

Current Ratio 0.61
Quick Ratio 0.41
Debt / Equity 1.70
Debt / EBITDA 6.35
Debt / FCF 15.54
Interest Coverage 2.07

Financial Efficiency

Return on equity (ROE) is 11.83% and return on invested capital (ROIC) is 5.79%.

Return on Equity (ROE) 11.83%
Return on Assets (ROA) 3.67%
Return on Invested Capital (ROIC) 5.79%
Return on Capital Employed (ROCE) 6.36%
Weighted Average Cost of Capital (WACC) 7.55%
Revenue Per Employee $1.48M
Profits Per Employee $327,272
Employee Count7,477
Asset Turnover 0.13
Inventory Turnover 5.44

Taxes

In the past 12 months, TC Energy has paid $752.76 million in taxes.

Income Tax 752.76M
Effective Tax Rate 19.45%

Stock Price Statistics

The stock price has increased by +43.41% in the last 52 weeks. The beta is 0.98, so TC Energy's price volatility has been similar to the market average.

Beta (5Y) 0.98
52-Week Price Change +43.41%
50-Day Moving Average 68.52
200-Day Moving Average 61.06
Relative Strength Index (RSI) 45.01
Average Volume (20 Days) 1,951,464

Short Selling Information

The latest short interest is 32.40 million, so 3.24% of the outstanding shares have been sold short.

Short Interest 32.40M
Short Previous Month 22.90M
Short % of Shares Out 3.24%
Short % of Float 3.11%
Short Ratio (days to cover) 8.09

Income Statement

In the last 12 months, TC Energy had revenue of $11.05 billion and earned $2.45 billion in profits. Earnings per share was $2.35.

Revenue11.05B
Gross Profit 7.68B
Operating Income 4.97B
Pretax Income 3.87B
Net Income 2.45B
EBITDA 7.00B
EBIT 4.97B
Earnings Per Share (EPS) $2.35
Full Income Statement

Balance Sheet

The company has $1.74 billion in cash and $44.96 billion in debt, with a net cash position of -$43.21 billion or -$43.21 per share.

Cash & Cash Equivalents 1.74B
Total Debt 44.96B
Net Cash -43.21B
Net Cash Per Share -$43.21
Equity (Book Value) 26.39B
Book Value Per Share 17.24
Working Capital -3.55B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $6.15 billion and capital expenditures -$3.26 billion, giving a free cash flow of $2.89 billion.

Operating Cash Flow 6.15B
Capital Expenditures -3.26B
Depreciation & Amortization 2.05B
Net Borrowing 1.92B
Free Cash Flow 2.89B
FCF Per Share $2.89
Full Cash Flow Statement

Margins

Gross margin is 69.53%, with operating and profit margins of 45.01% and 22.91%.

Gross Margin 69.53%
Operating Margin 45.01%
Pretax Margin 35.02%
Profit Margin 22.91%
EBITDA Margin 63.37%
EBIT Margin 45.01%
FCF Margin 25.87%

Dividends & Yields

This stock pays an annual dividend of $2.48, which amounts to a dividend yield of 3.68%.

Dividend Per Share $2.48
Dividend Yield 3.68%
Dividend Growth (YoY) -0.92%
Years of Dividend Growth n/a
Payout Ratio 105.56%
Buyback Yield -0.14%
Shareholder Yield 3.53%
Earnings Yield 3.49%
FCF Yield 4.13%
Dividend Details

Analyst Forecast

The average price target for TC Energy is $64.63, which is -5.44% lower than the current price. The consensus rating is "Buy".

Price Target $64.63
Price Target Difference -5.44%
Analyst Consensus Buy
Analyst Count 24
Revenue Growth Forecast (3Y) 4.58%
EPS Growth Forecast (3Y) 5.43%
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 0.77 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.77
Piotroski F-Score 7