Company Overview
TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, the company owns or has interests in power generation facilities with approximately 4,650 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Why Investors Should Care
Net profit has compounded at 67.6% per year over the last five years.
Maintains a net profit margin of 22.9%.
Offers a dividend yield of 4.06%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $15.24B (+10.7% YoY); net profit $3.52B.
- Trailing 12 Months Year-on-year growth — revenue +5.7%, earnings +18.3%.
- 5-Year Trend Long-term compounding — revenue CAGR 7.4%, profit CAGR 67.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 7.38% |
| 1 Year: | 5.70% |
Compounded Profit Growth
| 5 Years: | 67.56% |
| 1 Year: | 18.30% |
Stock Price Performance
| 1 Year: | +26.74% |
| 6 Months: | +2.09% |
| 3 Months: | -6.19% |
| 1 Month: | +0.35% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)48.60 · Neutral
P/E of 25.18 is above the sector median of 15.76 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 22.9%.
- Profit CAGR of 67.6% over 5 years.
- Attractive dividend yield of 4.06%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TRP TC Energy Corporation | 63.45 | 25.18 | $66.10B | 4.06% | 6.22% | 11.83% | 7.38% | 67.56% |
| 2 | XOM ExxonMobil Holdings Corporation SPXR3K | 160.66 | 20.68 | $660.62B | 2.52% | 9.01% | 12.58% | 0.48% | -1.99% |
| 3 | CVX Chevron Corporation SPXR3K | 209.80 | 20.19 | $411.54B | 3.39% | - | 12.23% | -1.00% | -2.30% |
| 4 | TTE TotalEnergies SE | 90.10 | 11.28 | $199.03B | 4.63% | 10.04% | 14.48% | -11.53% | -13.84% |
| 5 | COP ConocoPhillips SPXR3K | 135.04 | 17.86 | $162.23B | 2.49% | 10.31% | 14.18% | -9.11% | -24.66% |
| 6 | MPC Marathon Petroleum Corporation SPXR3K | 397.77 | 13.80 | $116.12B | 0.95% | 12.90% | 42.10% | 6.91% | 14.73% |
| 7 | BP BP p.l.c. | 44.88 | 21.47 | $115.58B | 4.49% | 7.99% | 8.87% | -7.78% | - |
| 8 | ENB Enbridge Inc. | 50.48 | 26.99 | $110.25B | 5.55% | 5.84% | 9.22% | 6.94% | 35.62% |
| 9 | VLO Valero Energy Corporation SPXR3K | 369.75 | 15.43 | $106.46B | 1.16% | 9.83% | 27.64% | 6.23% | -4.61% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 3.74B | 3.70B | 4.17B | 3.86B | 3.96B |
| Cost of Revenue | - | - | 1.90B | 1.91B | 2.05B | 1.83B | 1.98B |
| Gross Profit | - | - | 1.84B | 1.80B | 2.12B | 2.03B | 1.98B |
| Operating Expenses | - | - | 218.00M | 215.00M | 224.00M | 194.00M | 227.00M |
| Operating Income | - | - | 1.62B | 1.58B | 1.89B | 1.83B | 1.75B |
| EBITDA | - | - | 2.74B | 2.71B | 2.87B | 2.93B | 2.99B |
| Interest Expense | - | - | 733.00M | 793.00M | 729.00M | 799.00M | 800.00M |
| Pretax Income | - | - | 1.34B | 1.21B | 1.42B | 1.41B | 1.45B |
| Tax Provision | - | - | 337.00M | 245.00M | 263.00M | 254.00M | 307.00M |
| Net Income | - | - | 861.00M | 637.00M | 1.01B | 927.00M | 1.02B |
| Diluted EPS | - | - | 0.80 | 0.58 | 0.94 | 0.86 | 0.95 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 12.31B | 13.27B | 13.77B | 15.24B |
| Cost of Revenue | - | 6.51B | 6.60B | 7.17B | 7.60B |
| Gross Profit | - | 5.80B | 6.67B | 6.61B | 7.64B |
| Operating Expenses | - | 727.00M | 781.00M | 820.00M | 881.00M |
| Operating Income | - | 5.07B | 5.89B | 5.79B | 6.76B |
| EBITDA | - | 5.24B | 8.66B | 11.22B | 11.06B |
| Interest Expense | - | 2.18B | 2.58B | 2.52B | 2.85B |
| Pretax Income | - | 474.00M | 3.30B | 5.91B | 5.44B |
| Tax Provision | - | 322.00M | 842.00M | 922.00M | 1.14B |
| Net Income | - | 748.00M | 2.92B | 4.70B | 3.52B |
| Diluted EPS | - | 0.64 | 2.75 | 4.43 | 3.27 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 114.35B | 125.03B | 118.24B | 118.75B |
| Current Assets | - | 7.33B | 11.37B | 5.73B | 6.32B |
| Cash & Equivalents | - | 620.00M | 3.68B | 801.00M | 168.00M |
| Inventory | - | 936.00M | 771.00M | 747.00M | 782.00M |
| Receivables | - | 3.62B | 2.43B | 2.61B | 2.79B |
| Total Liabilities | - | 80.23B | 86.03B | 79.88B | 81.85B |
| Current Liabilities | - | 16.91B | 11.82B | 10.51B | 9.96B |
| Long Term Debt | - | 50.14B | 60.26B | 56.02B | 57.45B |
| Total Debt | - | 58.68B | 63.66B | 59.88B | 60.63B |
| Total Equity | - | 33.99B | 29.55B | 27.59B | 27.30B |
| Shares Outstanding | - | 1.02B | 1.04B | 1.04B | 1.04B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 6.38B | 7.27B | 7.70B | 7.35B |
| Investing Cash Flow | - | -7.01B | -12.29B | -6.91B | -6.46B |
| Financing Cash Flow | - | 487.00M | 8.09B | -3.87B | -1.52B |
| Capital Expenditure | - | -6.73B | -8.15B | -6.36B | -5.29B |
| Free Cash Flow | - | -352.00M | -881.00M | 1.34B | 2.06B |
| Net Change in Cash | - | -147.00M | 3.07B | -3.09B | -628.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 47.1% | 50.3% | 48.0% | 50.2% |
| Operating Margin % | - | 41.2% | 44.4% | 42.0% | 44.4% |
| Net Margin % | - | 6.1% | 22.0% | 34.1% | 23.1% |
| ROE % | - | 2.2% | 9.9% | 17.0% | 12.9% |
| ROCE % | - | 5.2% | 5.2% | 5.4% | 6.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Royal Bank of Canada | 7.62% | 79.40M | $4.89B |
| 2 | Capital Research Global Investors | 4.18% | 43.52M | $2.68B |
| 3 | Bank of Montreal /CAN/ | 3.58% | 37.26M | $2.29B |
| 4 | Vanguard Capital Management LLC | 2.87% | 29.94M | $1.84B |
| 5 | FIL LTD | 2.68% | 27.89M | $1.72B |
| 6 | Goldman Sachs Group Inc | 2.03% | 21.17M | $1.30B |
| 7 | 1832 Asset Management L.P. | 1.97% | 20.50M | $1.26B |
| 8 | Canada Pension Plan Investment Board | 1.67% | 17.36M | $1.07B |
| 9 | GQG Partners LLC | 1.61% | 16.74M | $1.03B |
| 10 | TD Asset Management, Inc | 1.55% | 16.13M | $992.94M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TRP
Amundi Increases Stock Position in TC Energy Corporation $TRP - marketbeat.com
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Allianz Asset Management GmbH Raises Stake in TC Energy Corporation $TRP - marketbeat.com
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TRP — Frequently Asked Questions
What is the current share price of TC Energy Corporation (TRP)?
As of 2026-09-19 21:16 PDT, TC Energy Corporation (TRP) trades at $63.45 on NYSE. Its 52-week range is $48.85 to $70.59.
What is the market capitalisation of TRP?
TC Energy Corporation (TRP) has a market capitalisation of $66.10B on NYSE.
What is the P/E ratio of TRP?
TRP trades at a trailing price-to-earnings (P/E) ratio of 25.18. The industry average P/E is 15.76. Its price-to-book (P/B) ratio is 3.59.
Does TRP pay a dividend?
TC Energy Corporation (TRP) currently offers a dividend yield of 4.06%.
What is the return on equity (ROE) of TRP?
TRP has a return on equity (ROE) of 11.83%. Its return on capital employed (ROCE) is 6.22%.
Is TRP a good stock to buy?
This page provides a data-driven analysis of TC Energy Corporation (TRP), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.