Tc Energy Corp
TRP NYSE· Natural Gas Transmission
Last close · Oct 30, 2026
$64.50
KIRA · Stoqly’s AI analyst, in plain words
- Tc Energy Corp had $10.9B of revenue in fiscal 2025, up 8.4% on the year before. Over five years, revenue changed +2.4% a year on average.
- Its operating margin was 52.7%, down 5.1 pts: of every 100 in sales, about 53 is left after running the business.
- Tc Energy Corp made $2.5B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 39.0% a year.
- Tc Energy Corp returned $2.5B to shareholders in fiscal 2025. The diluted share count rose 0.2%.
- Tc Energy Corp owes $1.0B more than it holds in cash, about 0.1 years of operating profit.
Market cap
$67.1B
P/E
27.6x
Revenue
$10.9B
Net income
$2.5B
Free cash flow
—
Operating margin
52.7%
Tc Energy Corp in 30 seconds · fiscal 2025
Are sales growing?
+8.4%
Yes. Sales grew 8.4% last year.
Does it make a profit?
23.1%
Yes. It keeps 23.1% of every sale as profit.
Is debt under control?
0.1x
Yes. It could repay its debt with 0.1 years of operating profit.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
27.6x
One share costs 27.6 times its yearly profit per share.
What Tc Energy Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Feb 13, 2026
- Legal name
- TC ENERGY CORP
- CIK
- 0001232384
Tc Energy Corp · TRP · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $10.7B | $9.5B | $9.8B | $10.1B | $10.9B |
| Revenue growth | 10.2% | −11.5% | 4.0% | 2.3% | 8.4% |
| Gross margin | 99.4% | 99.8% | 99.4% | 98.4% | 98.6% |
| Operating margin | 30.3% | 19.9% | 38.4% | 57.8% | 52.7% |
| Net income | $1.6B | $575M | $2.2B | $3.4B | $2.5B |
| Net margin | 14.6% | 6.1% | 22.0% | 34.1% | 23.1% |
| Diluted EPS | $1.48 | $0.49 | $2.04 | $3.23 | $2.34 |
| Cash | |||||
| Cash from operations | $5.5B | $4.9B | $5.4B | $5.6B | $5.3B |
| Capital expenditure | $5.7B | $6.9B | $9.1B | $5.8B | — |
| Free cash flow | −$195M | −$2.0B | −$3.7B | −$152M | — |
| FCF margin | −1.8% | −21.0% | −37.9% | −1.5% | — |
| Dividends paid | $2.6B | $2.5B | $2.1B | $2.9B | $2.5B |
| Share count change | 3.6% | 2.3% | 3.4% | 0.8% | 0.2% |
| Debt and strength | |||||
| Cash and short-term investments | $530M | $458M | $2.8B | $557M | $123M |
| Debt incl. finance leases | $0.0M | $1.2B | $2.2B | $2.1B | $1.1B |
| Shareholders' equity | $26.2B | $25.1B | $22.3B | $19.2B | $19.9B |
| Net debt / EBITDA | −0.1x | 0.2x | −0.1x | 0.2x | 0.1x |
| Current ratio | 0.6x | 0.4x | 1.0x | 0.5x | 0.6x |
| Interest coverage | 1.7x | 0.9x | 1.6x | 2.6x | 2.4x |
| Returns and quality | |||||
| Return on capital | 11.9% | 4.7% | 12.9% | 23.7% | 21.7% |
| Return on equity | 6.1% | 2.2% | 9.1% | 16.5% | 12.9% |
| Return on tangible equity | 8.9% | 3.2% | 16.3% | 34.7% | 23.3% |
| Piotroski F-score | 6 | 4 | 5 | 5 | 7 |
| Altman Z'' | 0.5 | 0.1 | 0.5 | 0.4 | 0.4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Tc Energy Corp · TRP · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $64.50 a share, the company is worth $67.1B: 27.6 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001232384). Latest version: stoqly.net/companies/trp. Data updated November 1, 2026. Filed in CAD under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.