Home / TRP.TO : TSX

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does TRP.TO make money? Does TRP.TO have pricing power? What's the Earnings Whisper? Will TRP.TO profit more as the business scales? What is TRP.TO's management track record? Is TRP.TO's current price justified?

TC Energy Corporation

CAD 84.96 +$8.11 (+10.55%)

TSX · 15 Sep 2026 20:00 UTC

Previous Close

CAD 85.05

Day Range

CAD 84.36CAD 86

Year Range

CAD 69.41CAD 100.18

Market Cap

88.51B

AVG Volume

3.71M

Trailing/Forward PE

25.51/21.65

PEG ratio

5.38

Dividend Yield

4.07%

Next Earnings Date

2026-11-05

Primary Exchange

Toronto Stock Exchange

Revenue (CAD)

TRP.TO Revenue (CAD) by quarter
Period	Revenue (CAD)
26 Q2	3.99B
26 Q1	4.23B
25 Q4	4.08B
25 Q3	3.7B
25 Q2	3.74B
25 Q1	3.62B
24 Q4	1.36B
24 Q3	4.08B
24 Q2	4.08B
24 Q1	3.51B

Net Income (CAD)

TRP.TO Net Income (CAD) by quarter
Period	Net Income (CAD)
26 Q2	1.02B
26 Q1	927M
25 Q4	1.01B
25 Q3	637M
25 Q2	861M
25 Q1	1.01B
24 Q4	999M
24 Q3	1.48B
24 Q2	990M
24 Q1	1.23B

Operating Income (CAD)

TRP.TO Operating Income (CAD) by quarter
Period	Operating Income (CAD)
26 Q2	1.79B
26 Q1	2.21B
25 Q4	1.8B
25 Q3	1.58B
25 Q2	1.62B
25 Q1	1.66B
24 Q4	652M
24 Q3	1.61B
24 Q2	1.62B
24 Q1	1.61B

EBITDA (CAD)

TRP.TO EBITDA (CAD) by quarter
Period	EBITDA (CAD)
26 Q2	2.52B
26 Q1	2.96B
25 Q4	3.01B
25 Q3	2.71B
25 Q2	2.74B
25 Q1	2.74B
24 Q4	2.06B
24 Q3	3.34B
24 Q2	2.73B
24 Q1	2.77B

Cash Flows (CAD)

TRP.TO Cash Flows (CAD) by quarter
Period	Cash Flows (CAD)
26 Q2	1.33B
26 Q1	1.53B
25 Q4	548M
25 Q3	663M
25 Q2	1.06B
25 Q1	-205M
24 Q4	435M
24 Q3	151M
24 Q2	322M
24 Q1	493M

EPS (CAD)

TRP.TO EPS (CAD) by quarter
Period	EPS (CAD)
26 Q2	0.95
26 Q1	0.86
25 Q4	0.94
25 Q3	0.58
25 Q2	0.8
25 Q1	0.94
24 Q4	0.94
24 Q3	1.4
24 Q2	0.93
24 Q1	1.16

Expenses (CAD)

TRP.TO Expenses (CAD) by quarter
Period	Expenses (CAD)
26 Q2	889M
26 Q1	1.07B
25 Q4	1.35B
25 Q3	1.26B
25 Q2	1.11B
25 Q1	1.56B
24 Q4	1.65B
24 Q3	1.76B
24 Q2	1.33B
24 Q1	1.58B

Cash & Debt (CAD)

TRP.TO Cash & Debt (CAD) by quarter
Period	Cash & Debt (CAD)
26 Q2	2.07B
26 Q1	1.08B
25 Q4	261M
25 Q3	1.8B
25 Q2	1.42B
25 Q1	1.96B
24 Q4	801M
24 Q3	3.8B
24 Q2	2.47B
24 Q1	3.19B

Debt ratios

TRP.TO Debt ratios by quarter
Period	Debt ratios
26 Q2	5.5
26 Q1	5.31
25 Q4	5.42
25 Q3	5.81
25 Q2	5.33
25 Q1	5.52
24 Q4	5.42
24 Q3	5.72
24 Q2	6.26
24 Q1	6.71

Margins

TRP.TO Margins by quarter
Period	Margins
26 Q2	50.43%
26 Q1	56.7%
25 Q4	49.69%
25 Q3	48.54%
25 Q2	49.2%
25 Q1	52.03%
24 Q4	56.99%
24 Q3	45.11%
24 Q2	45.36%
24 Q1	51.41%

Return on Capital

TRP.TO Return on Capital by quarter
Period	Return on Capital
26 Q2	2.71%
26 Q1	2.49%
25 Q4	2.75%
25 Q3	1.7%
25 Q2	2.3%
25 Q1	2.62%
24 Q4	2.6%
24 Q3	3.66%
24 Q2	2.44%
24 Q1	3.09%

Shares Outstanding

TRP.TO Shares Outstanding by quarter
Period	Shares Outstanding
26 Q2	1.04B
26 Q1	1.04B
25 Q4	1.04B
25 Q3	1.04B
25 Q2	1.04B
25 Q1	1.04B
24 Q4	1.04B
24 Q3	1.04B
24 Q2	1.04B
24 Q1	1.04B

Dividends (CAD)

TRP.TO Dividends (CAD) by quarter
Period	Dividends (CAD)
Sep 26	0.88
Jun 26	0.88
Mar 26	0.88
Dec 25	0.85
Sep 25	0.85
Jun 25	0.85
Mar 25	0.85
Dec 24	0.82
Sep 24	0.96
Jun 24	0.96

Book Value Per Share (CAD)

TRP.TO Book Value Per Share (CAD) by quarter
Period	Book Value Per Share (CAD)
26 Q2	35.96
26 Q1	35.69
25 Q4	35.45
25 Q3	36.13
25 Q2	35.94
25 Q1	37
24 Q4	36.96
24 Q3	39
24 Q2	39.05
24 Q1	38.26

Total Assets (CAD)

TRP.TO Total Assets (CAD) by quarter
Period	Total Assets (CAD)
26 Q2	123.93B
26 Q1	120.83B
25 Q4	118.75B
25 Q3	120.23B
25 Q2	116.84B
25 Q1	120.55B
24 Q4	118.24B
24 Q3	135.29B
24 Q2	127.97B
24 Q1	128.03B

PE Ratio

TRP.TO PE Ratio by quarter
Period	PE Ratio
Sep 26	25.74
Sep 26	25.51
Sep 26	26.19
Aug 26	26.03
Aug 26	25.86
Aug 26	26.89
Aug 26	26.69
Jul 26	28.57
Jul 26	30.14
Jul 26	29.59
Jul 26	28.86
Jul 26	28.66
Jun 26	29.24
Jun 26	28.5
Jun 26	28.71
Jun 26	28.35
May 26	27.17
May 26	28.96
May 26	27.81
May 26	26.21
May 26	26.81
Apr 26	25.08
Apr 26	24.53
Apr 26	26.15
Apr 26	26.08
Mar 26	26.17
Mar 26	25.8
Mar 26	25.98
Mar 26	25.71
Feb 26	26.02
Feb 26	25.34
Feb 26	25.69
Feb 26	24.26
Jan 26	23.7
Jan 26	22.89
Jan 26	22.69
Jan 26	22.24
Jan 26	22.82
Dec 25	22.66
Dec 25	22.26
Dec 25	22.35
Dec 25	22.42
Nov 25	22.42
Nov 25	22.56
Nov 25	22.99
Nov 25	21.75
Oct 25	16.83
Oct 25	16.87
Oct 25	17.24
Oct 25	17.68
Oct 25	18.39
Sep 25	17.27
Sep 25	16.81
Sep 25	16.81
Sep 25	16.67
Aug 25	16.59
Aug 25	16.43
Aug 25	16.37
Aug 25	15.77
Aug 25	15.49
Jul 25	15.02
Jul 25	15.2
Jul 25	15.03
Jul 25	15.18
Jun 25	14.8
Jun 25	14.4
Jun 25	14.88
Jun 25	15.35
May 25	15.36
May 25	15.3
May 25	15.4
May 25	15.21
May 25	15.54
Apr 25	15.21
Apr 25	15.13
Apr 25	14.55
Apr 25	14.45
Mar 25	13.77
Mar 25	13.91
Mar 25	13.55
Mar 25	13.2
Feb 25	12.96
Feb 25	12.81
Feb 25	13.04
Feb 25	13.4
Jan 25	13.11
Jan 25	13.66
Jan 25	13.72
Jan 25	13.47
Jan 25	13.72
Dec 24	19.61
Dec 24	19.33
Dec 24	19.43
Dec 24	20.07
Nov 24	20.06
Nov 24	20.47
Nov 24	20.29
Nov 24	19.93
Nov 24	18.99
Oct 24	19.3

Free Cash Flow Yield

TRP.TO Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	4.29%
Sep 26	4.33%
Sep 26	4.22%
Aug 26	4.25%
Aug 26	4.27%
Aug 26	4.11%
Aug 26	4.14%
Jul 26	3.87%
Jul 26	3.67%
Jul 26	3.73%
Jul 26	3.83%
Jul 26	3.86%
Jun 26	2.01%
Jun 26	2.06%
Jun 26	2.04%
Jun 26	2.07%
May 26	2.16%
May 26	2.03%
May 26	2.11%
May 26	2.24%
May 26	2.19%
Apr 26	2.34%
Apr 26	2.39%
Apr 26	2.24%
Apr 26	2.25%
Mar 26	2.13%
Mar 26	2.16%
Mar 26	2.14%
Mar 26	2.17%
Feb 26	2.14%
Feb 26	2.2%
Feb 26	2.17%
Feb 26	2.3%
Jan 26	2.35%
Jan 26	2.43%
Jan 26	2.46%
Jan 26	2.5%
Jan 26	2.44%
Dec 25	2.46%
Dec 25	2.5%
Dec 25	2.49%
Dec 25	2.48%
Nov 25	2.48%
Nov 25	2.47%
Nov 25	2.42%
Nov 25	2.56%
Oct 25	1.97%
Oct 25	1.96%
Oct 25	1.92%
Oct 25	1.87%
Oct 25	1.8%
Sep 25	0.91%
Sep 25	0.93%
Sep 25	0.93%
Sep 25	0.94%
Aug 25	0.95%
Aug 25	0.96%
Aug 25	0.96%
Aug 25	1%
Aug 25	1.01%
Jul 25	1.05%
Jul 25	1.03%
Jul 25	1.04%
Jul 25	1.03%
Jun 25	2.01%
Jun 25	2.07%
Jun 25	2%
Jun 25	1.94%
May 25	1.94%
May 25	1.95%
May 25	1.94%
May 25	1.96%
May 25	1.92%
Apr 25	1.96%
Apr 25	1.97%
Apr 25	2.05%
Apr 25	2.06%
Mar 25	1.05%
Mar 25	1.04%
Mar 25	1.07%
Mar 25	1.1%
Feb 25	1.12%
Feb 25	1.13%
Feb 25	1.11%
Feb 25	1.08%
Jan 25	1.1%
Jan 25	1.06%
Jan 25	1.06%
Jan 25	1.07%
Jan 25	1.06%
Dec 24	0.53%
Dec 24	0.53%
Dec 24	0.53%
Dec 24	0.51%
Nov 24	0.51%
Nov 24	0.5%
Nov 24	0.51%
Nov 24	0.52%
Nov 24	0.54%
Oct 24	0.53%

Price to Sales

TRP.TO Price to Sales by quarter
Period	Price to Sales
Sep 26	5.62
Sep 26	5.57
Sep 26	5.72
Aug 26	5.68
Aug 26	5.65
Aug 26	5.87
Aug 26	5.83
Jul 26	6.24
Jul 26	6.58
Jul 26	6.46
Jul 26	6.3
Jul 26	6.26
Jun 26	6.79
Jun 26	6.62
Jun 26	6.67
Jun 26	6.59
May 26	6.31
May 26	6.73
May 26	6.46
May 26	6.09
May 26	6.23
Apr 26	5.83
Apr 26	5.7
Apr 26	6.08
Apr 26	6.06
Mar 26	7.37
Mar 26	7.27
Mar 26	7.32
Mar 26	7.24
Feb 26	7.33
Feb 26	7.14
Feb 26	7.24
Feb 26	6.84
Jan 26	6.68
Jan 26	6.45
Jan 26	6.39
Jan 26	6.27
Jan 26	6.43
Dec 25	6.38
Dec 25	6.27
Dec 25	6.3
Dec 25	6.32
Nov 25	6.32
Nov 25	6.36
Nov 25	6.48
Nov 25	6.13
Oct 25	5.71
Oct 25	5.73
Oct 25	5.85
Oct 25	6
Oct 25	6.24
Sep 25	5.88
Sep 25	5.72
Sep 25	5.72
Sep 25	5.67
Aug 25	5.65
Aug 25	5.59
Aug 25	5.57
Aug 25	5.37
Aug 25	5.27
Jul 25	5.11
Jul 25	5.18
Jul 25	5.12
Jul 25	5.17
Jun 25	5.33
Jun 25	5.19
Jun 25	5.36
Jun 25	5.53
May 25	5.54
May 25	5.51
May 25	5.55
May 25	5.48
May 25	5.6
Apr 25	5.48
Apr 25	5.45
Apr 25	5.24
Apr 25	5.21
Mar 25	4.49
Mar 25	4.53
Mar 25	4.42
Mar 25	4.3
Feb 25	4.22
Feb 25	4.17
Feb 25	4.25
Feb 25	4.37
Jan 25	4.27
Jan 25	4.45
Jan 25	4.47
Jan 25	4.39
Jan 25	4.47
Dec 24	4.39
Dec 24	4.33
Dec 24	4.35
Dec 24	4.49
Nov 24	4.49
Nov 24	4.58
Nov 24	4.54
Nov 24	4.46
Nov 24	4.25
Oct 24	4.32

EV/EBITDA

TRP.TO EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	13.06
Sep 26	13
Sep 26	13.2
Aug 26	13.15
Aug 26	13.1
Aug 26	13.41
Aug 26	13.35
Jul 26	13.92
Jul 26	14.39
Jul 26	14.22
Jul 26	14
Jul 26	13.94
Jun 26	14.6
Jun 26	14.37
Jun 26	14.44
Jun 26	14.32
May 26	13.95
May 26	14.52
May 26	14.15
May 26	13.65
May 26	13.84
Apr 26	13.3
Apr 26	13.12
Apr 26	13.63
Apr 26	13.61
Mar 26	14.75
Mar 26	14.63
Mar 26	14.69
Mar 26	14.6
Feb 26	14.7
Feb 26	14.47
Feb 26	14.59
Feb 26	14.1
Jan 26	13.91
Jan 26	13.63
Jan 26	13.56
Jan 26	13.41
Jan 26	13.61
Dec 25	13.55
Dec 25	13.42
Dec 25	13.45
Dec 25	13.47
Nov 25	13.47
Nov 25	13.52
Nov 25	13.67
Nov 25	13.24
Oct 25	12.05
Oct 25	12.07
Oct 25	12.22
Oct 25	12.39
Oct 25	12.68
Sep 25	12.64
Sep 25	12.45
Sep 25	12.45
Sep 25	12.39
Aug 25	12.36
Aug 25	12.29
Aug 25	12.27
Aug 25	12.02
Aug 25	11.91
Jul 25	11.71
Jul 25	11.79
Jul 25	11.72
Jul 25	11.78
Jun 25	11.8
Jun 25	11.63
Jun 25	11.84
Jun 25	12.04
May 25	12.05
May 25	12.02
May 25	12.06
May 25	11.98
May 25	12.12
Apr 25	11.98
Apr 25	11.94
Apr 25	11.69
Apr 25	11.65
Mar 25	11.68
Mar 25	11.74
Mar 25	11.59
Mar 25	11.43
Feb 25	11.33
Feb 25	11.27
Feb 25	11.37
Feb 25	11.52
Jan 25	11.4
Jan 25	11.64
Jan 25	11.66
Jan 25	11.55
Jan 25	11.66
Dec 24	13.18
Dec 24	13.08
Dec 24	13.12
Dec 24	13.34
Nov 24	13.34
Nov 24	13.48
Nov 24	13.42
Nov 24	13.29
Nov 24	12.96
Oct 24	13.07

Price/Operating Cashflow

TRP.TO Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Sep 26	10.31
Sep 26	10.22
Sep 26	10.49
Aug 26	10.42
Aug 26	10.35
Aug 26	10.77
Aug 26	10.69
Jul 26	11.44
Jul 26	12.07
Jul 26	11.85
Jul 26	11.56
Jul 26	11.48
Jun 26	14.01
Jun 26	13.65
Jun 26	13.75
Jun 26	13.58
May 26	13.02
May 26	13.87
May 26	13.32
May 26	12.56
May 26	12.84
Apr 26	12.02
Apr 26	11.75
Apr 26	12.53
Apr 26	12.49
Mar 26	12.17
Mar 26	11.99
Mar 26	12.08
Mar 26	11.95
Feb 26	12.1
Feb 26	11.78
Feb 26	11.94
Feb 26	11.27
Jan 26	11.02
Jan 26	10.64
Jan 26	10.54
Jan 26	10.34
Jan 26	10.61
Dec 25	10.53
Dec 25	10.35
Dec 25	10.39
Dec 25	10.42
Nov 25	10.42
Nov 25	10.49
Nov 25	10.69
Nov 25	10.11
Oct 25	9.72
Oct 25	9.74
Oct 25	9.96
Oct 25	10.21
Oct 25	10.62
Sep 25	11.03
Sep 25	10.74
Sep 25	10.73
Sep 25	10.64
Aug 25	10.6
Aug 25	10.49
Aug 25	10.45
Aug 25	10.07
Aug 25	9.89
Jul 25	9.59
Jul 25	9.71
Jul 25	9.6
Jul 25	9.69
Jun 25	9
Jun 25	8.75
Jun 25	9.05
Jun 25	9.33
May 25	9.34
May 25	9.3
May 25	9.36
May 25	9.25
May 25	9.45
Apr 25	9.25
Apr 25	9.2
Apr 25	8.85
Apr 25	8.79
Mar 25	9.52
Mar 25	9.62
Mar 25	9.37
Mar 25	9.12
Feb 25	8.96
Feb 25	8.85
Feb 25	9.01
Feb 25	9.26
Jan 25	9.06
Jan 25	9.44
Jan 25	9.49
Jan 25	9.31
Jan 25	9.49
Dec 24	9.34
Dec 24	9.21
Dec 24	9.25
Dec 24	9.56
Nov 24	9.55
Nov 24	9.75
Nov 24	9.66
Nov 24	9.49
Nov 24	9.04
Oct 24	9.19

Price to Book

TRP.TO Price to Book by quarter
Period	Price to Book
Sep 26	2.38
Sep 26	2.36
Sep 26	2.42
Aug 26	2.41
Aug 26	2.39
Aug 26	2.49
Aug 26	2.47
Jul 26	2.64
Jul 26	2.79
Jul 26	2.74
Jul 26	2.67
Jul 26	2.65
Jun 26	2.79
Jun 26	2.72
Jun 26	2.74
Jun 26	2.7
May 26	2.59
May 26	2.76
May 26	2.65
May 26	2.5
May 26	2.56
Apr 26	2.39
Apr 26	2.34
Apr 26	2.49
Apr 26	2.49
Mar 26	2.44
Mar 26	2.41
Mar 26	2.42
Mar 26	2.4
Feb 26	2.43
Feb 26	2.36
Feb 26	2.39
Feb 26	2.26
Jan 26	2.21
Jan 26	2.13
Jan 26	2.11
Jan 26	2.07
Jan 26	2.13
Dec 25	2.11
Dec 25	2.07
Dec 25	2.08
Dec 25	2.09
Nov 25	2.09
Nov 25	2.1
Nov 25	2.14
Nov 25	2.03
Oct 25	1.96
Oct 25	1.96
Oct 25	2.01
Oct 25	2.06
Oct 25	2.14
Sep 25	2.01
Sep 25	1.96
Sep 25	1.96
Sep 25	1.94
Aug 25	1.93
Aug 25	1.91
Aug 25	1.91
Aug 25	1.84
Aug 25	1.8
Jul 25	1.75
Jul 25	1.77
Jul 25	1.75
Jul 25	1.77
Jun 25	1.81
Jun 25	1.76
Jun 25	1.82
Jun 25	1.88
May 25	1.88
May 25	1.87
May 25	1.89
May 25	1.86
May 25	1.9
Apr 25	1.86
Apr 25	1.85
Apr 25	1.78
Apr 25	1.77
Mar 25	1.76
Mar 25	1.78
Mar 25	1.74
Mar 25	1.69
Feb 25	1.66
Feb 25	1.64
Feb 25	1.67
Feb 25	1.72
Jan 25	1.68
Jan 25	1.75
Jan 25	1.76
Jan 25	1.73
Jan 25	1.76
Dec 24	1.71
Dec 24	1.68
Dec 24	1.69
Dec 24	1.75
Nov 24	1.75
Nov 24	1.78
Nov 24	1.77
Nov 24	1.74
Nov 24	1.65
Oct 24	1.68

No video analysis for this stock yet. Request one from our team.

AI Analysis

TC Energy Corporation

Video analysis: TRP.TO

Similar companies