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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 year
Period	Revenue (CAD)
2025	15.15B
2024	13.04B
2023	15.93B
2022	14.98B
2021	13.39B
2020	13B
2019	13.26B
2018	13.68B
2017	13.43B
2016	12.51B

Net Income (CAD)

TRP.TO Net Income (CAD) by year
Period	Net Income (CAD)
2025	3.52B
2024	4.7B
2023	2.92B
2022	748M
2021	1.96B
2020	4.62B
2019	4.14B
2018	3.7B
2017	3.16B
2016	233M

Operating Income (CAD)

TRP.TO Operating Income (CAD) by year
Period	Operating Income (CAD)
2025	6.67B
2024	5.48B
2023	6.86B
2022	6.08B
2021	5.91B
2020	5.8B
2019	5.79B
2018	5.68B
2017	4.54B
2016	4.02B

EBITDA (CAD)

TRP.TO EBITDA (CAD) by year
Period	EBITDA (CAD)
2025	11.2B
2024	10.9B
2023	9.37B
2022	6.14B
2021	6.7B
2020	9.53B
2019	9.45B
2018	8.07B
2017	6.86B
2016	3.82B

Cash Flows (CAD)

TRP.TO Cash Flows (CAD) by year
Period	Cash Flows (CAD)
2025	2.06B
2024	1.4B
2023	-874M
2022	-319M
2021	966M
2020	-1.08B
2019	-1.1B
2018	-3.36B
2017	-2.3B
2016	-233M

EPS (CAD)

TRP.TO EPS (CAD) by year
Period	EPS (CAD)
2025	3.26
2024	4.43
2023	2.75
2022	0.68
2021	1.83
2020	4.74
2019	4.27
2018	3.92
2017	3.43
2016	0.28

Expenses (CAD)

TRP.TO Expenses (CAD) by year
Period	Expenses (CAD)
2025	5.28B
2024	6.33B
2023	8.15B
2022	6.69B
2021	5.92B
2020	8.13B
2019	8.18B
2018	9.91B
2017	7.53B
2016	5.3B

Cash & Debt (CAD)

TRP.TO Cash & Debt (CAD) by year
Period	Cash & Debt (CAD)
2025	261M
2024	801M
2023	3.68B
2022	620M
2021	673M
2020	1.53B
2019	1.34B
2018	446M
2017	1.09B
2016	1.02B

Debt ratios

TRP.TO Debt ratios by year
Period	Debt ratios
2025	1.61
2024	1.78
2023	1.89
2022	1.82
2021	1.55
2020	1.43
2019	1.74
2018	2.4

Margins

TRP.TO Margins by year
Period	Margins
2025	49.85%
2024	48.12%
2023	48.65%
2022	46.25%
2021	49.9%
2020	50.24%
2019	49.14%
2018	45.69%
2017	38.02%
2016	36.59%

Return on Capital

TRP.TO Return on Capital by year
Period	Return on Capital
2025	9.54%
2024	12.25%
2023	7.49%
2022	2.19%
2021	5.85%
2020	13.79%
2019	12.78%
2018	11.94%
2017	11.74%
2016	0.9%

Shares Outstanding

TRP.TO Shares Outstanding by year
Period	Shares Outstanding
2025	1.04B
2024	1.04B
2023	1.04B
2022	1.02B
2021	980M
2020	940M
2019	937M
2018	915M
2017	877M
2016	832M

Dividends (CAD)

TRP.TO Dividends (CAD) by year
Period	Dividends (CAD)
2026	2.63
2025	3.4
2024	3.62
2023	3.47
2022	3.36
2021	3.4
2020	3.1
2019	2.93
2018	2.58
2017	2.39

Book Value Per Share (CAD)

TRP.TO Book Value Per Share (CAD) by year
Period	Book Value Per Share (CAD)
2025	35.45
2024	36.96
2023	37.62
2022	33.58
2021	34.08
2020	35.61
2019	34.58
2018	33.87
2017	30.66
2016	31.23

Total Assets (CAD)

TRP.TO Total Assets (CAD) by year
Period	Total Assets (CAD)
2025	118.75B
2024	118.24B
2023	125.03B
2022	114.35B
2021	104.22B
2020	100.3B
2019	99.28B
2018	98.92B
2017	86.1B
2016	88.05B

PE Ratio

TRP.TO PE Ratio by year
Period	PE Ratio
Sep 26	25.71
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 year
Period	Free Cash Flow Yield
Sep 26	4.3%
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 year
Period	Price to Sales
Sep 26	5.61
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 year
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 year
Period	Price/Operating Cashflow
Sep 26	10.3
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 year
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

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TC Energy Corporation

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