TC Energy Corporation (TRP)

NYSE: TRP · IEX Real-Time Price · USD
+0.40 (1.12%)
At close: Sep 27, 2023, 4:00 PM
-0.71 (-1.97%)
Pre-market: Sep 28, 2023, 9:04 AM EDT

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
Financial Ratio History

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


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
EBIT 3.49B
Earnings Per Share (EPS) $0.70
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement


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%
Dividend Details

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 Forecasts

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