TC Energy Corporation (TRP)
Total Valuation
TC Energy has a market cap or net worth of $36.07 billion. The enterprise value is $80.99 billion.
| Market Cap | 36.07B |
| Enterprise Value | 80.99B |
Important Dates
The next estimated earnings date is Wednesday, November 8, 2023, before market open.
| Earnings Date | Nov 8, 2023 |
| Ex-Dividend Date | Sep 28, 2023 |
Share Statistics
TC Energy has 1.00 billion shares outstanding. The number of shares has increased by 4.37% in one year.
| Shares Outstanding | 1.00B |
| Shares Change (YoY) | +4.37% |
| Shares Change (QoQ) | +0.59% |
| Owned by Insiders (%) | 0.06% |
| Owned by Institutions (%) | 81.54% |
| Float | 999.30M |
Valuation Ratios
The trailing PE ratio is 51.34 and the forward PE ratio is 9.11. TC Energy's PEG ratio is 3.00.
| PE Ratio | 51.34 |
| Forward PE | 9.11 |
| PS Ratio | 3.08 |
| Forward PS | 2.32 |
| PB Ratio | 1.44 |
| P/FCF Ratio | n/a |
| PEG Ratio | 3.00 |
Enterprise Valuation
| EV / Earnings | 112.56 |
| EV / Sales | 6.91 |
| EV / EBITDA | 14.77 |
| EV / EBIT | 23.23 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.61, with a Debt / Equity ratio of 1.82.
| Current Ratio | 0.61 |
| Quick Ratio | 0.34 |
| Debt / Equity | 1.82 |
| Debt / EBITDA | 8.34 |
| Debt / FCF | n/a |
| Interest Coverage | 1.60 |
Financial Efficiency
Return on equity (ROE) is 2.80% and return on invested capital (ROIC) is 3.20%.
| Return on Equity (ROE) | 2.80% |
| Return on Assets (ROA) | 0.80% |
| Return on Capital (ROIC) | 3.20% |
| Revenue Per Employee | $1.57M |
| Profits Per Employee | $96,235 |
| Employee Count | 7,477 |
| Asset Turnover | 0.13 |
| Inventory Turnover | 5.22 |
Taxes
In the past 12 months, TC Energy has paid $531.46 million in taxes.
| Income Tax | 531.46M |
| Effective Tax Rate | 42.48% |
Stock Price Statistics
The stock price has decreased by -14.12% in the last 52 weeks. The beta is 0.85, so TC Energy's price volatility has been lower than the market average.
| Beta (1Y) | 0.85 |
| 52-Week Price Change | -14.12% |
| 50-Day Moving Average | 36.35 |
| 200-Day Moving Average | 39.58 |
| Relative Strength Index (RSI) | 56.16 |
| Average Volume (30 Days) | 2,982,385 |
Short Selling Information
The latest short interest is 29.99 million, so 3.00% of the outstanding shares have been sold short.
| Short Interest | 29.99M |
| Short Previous Month | 19.39M |
| Short % of Shares Out | 3.00% |
| Short % of Float | 3.00% |
| Short Ratio (days to cover) | 13.15 |
Income Statement
In the last 12 months, TC Energy had revenue of $11.73 billion and earned $719.55 million in profits. Earnings per share was $0.70.
| Revenue | 11.73B |
| Gross Profit | 7.52B |
| Operating Income | 4.96B |
| Pretax Income | 1.31B |
| Net Income | 719.55M |
| EBITDA | 5.48B |
| EBIT | 3.49B |
| Earnings Per Share (EPS) | $0.70 |
Balance Sheet
The company has $808.68 million in cash and $45.73 billion in debt, giving a net cash position of -$44.92 billion or -$44.92 per share.
| Cash & Cash Equivalents | 808.68M |
| Total Debt | 45.73B |
| Net Cash | -44.92B |
| Net Cash Per Share | -$44.92 |
| Equity / Book Value | 25.08B |
| Book Value Per Share | 25.08 |
| Working Capital | -3.68B |
Cash Flow
In the last 12 months, operating cash flow was $5.42 billion and capital expenditures -$5.88 billion, giving a free cash flow of -$459.56 million.
| Operating Cash Flow | 5.42B |
| Capital Expenditures | -5.88B |
| Free Cash Flow | -459.56M |
| FCF Per Share | -$0.45 |
Margins
Gross margin is 64.11%, with operating and profit margins of 42.29% and 6.14%.
| Gross Margin | 64.11% |
| Operating Margin | 42.29% |
| Pretax Margin | 11.14% |
| Profit Margin | 6.14% |
| EBITDA Margin | 46.76% |
| EBIT Margin | 29.73% |
| FCF Margin | -3.92% |
Dividends & Yields
This stock pays an annual dividend of $2.82, which amounts to a dividend yield of 7.82%.
| Dividend Per Share | $2.82 |
| Dividend Yield | 7.82% |
| Earnings Yield | 1.99% |
| FCF Yield | -1.27% |
| Dividend Growth (YoY) | -0.09% |
| Payout Ratio | 400.63% |
| Buyback Yield | -4.37% |
| Shareholder Yield | 3.45% |
Analyst Forecast
The average price target for TC Energy is $51.80, which is 43.61% higher than the current price. The consensus rating is "Hold".
| Price Target | $51.80 |
| Price Target Difference | 43.61% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 6.24% |
| EPS Growth Forecast (5Y) | 52.49% |
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 |