# Tc Energy Corp (TRP)

Source page: https://stoqly.net/companies/trp

- **Ticker:** TRP (NYSE)
- **Sector:** Energy / Natural Gas Transmission
- **SEC CIK:** 0001232384
- **Latest annual report:** 40-F filed 2026-02-13 (https://www.sec.gov/Archives/edgar/data/1232384/000123238426000015/trp-20251231.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $64.50 on 2026-10-30
- **Market cap:** $67.1B
- **P/E (trailing):** 27.6x
- **EPS, trailing 12 months:** $2.34
- **Revenue (FY2025):** $10.9B
- **Revenue growth:** +8.4%
- **Revenue growth, 5-year CAGR:** +2.4%
- **Gross margin:** 98.6%
- **Operating margin:** 52.7%
- **Net margin:** 23.1%
- **Return on invested capital:** 21.7%
- **Return on equity:** 12.9%
- **Net debt:** $1.0B
- **Net debt / EBITDA:** 0.1x
- **Change in share count:** +0.2%
- **Piotroski F-score:** 7/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/trp/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 9,465 | 10,360 | 10,554 | 9,988 | 9,692 | 10,679 | 9,455 | 9,830 | 10,053 | 10,899 |
| Operating income | 1,745 | 3,608 | 4,447 | 4,962 | 5,050 | 3,238 | 1,882 | 3,776 | 5,814 | 5,747 |
| Net income | 176 | 2,432 | 2,856 | 3,120 | 3,441 | 1,560 | 575 | 2,165 | 3,429 | 2,517 |
| Diluted EPS (US$) | 0.12 | 2.64 | 3.02 | 3.22 | 3.53 | 1.48 | 0.49 | 2.04 | 3.23 | 2.34 |
| Operating cash flow | 3,824 | 4,029 | 5,058 | 5,337 | 5,262 | 5,496 | 4,897 | 5,385 | 5,618 | 5,254 |
| Free cash flow | 47 | -1,658 | -2,209 | -296 | -1,373 | -195 | -1,986 | -3,727 | -152 | — |
| Cash | 755 | 868 | 327 | 1,034 | 1,201 | 530 | 458 | 2,776 | 557 | 123 |
| Debt and leases | 29,830 | 27,705 | 29,328 | 2,082 | 1,548 | 0 | 1,182 | 2,217 | 2,054 | 1,128 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.