20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
TC Energy Corp (TRP) operates in the OIL & GAS MIDSTREAM industry and is headquartered in Calgary, Canada with about 6,574 employees. Its market capitalization is roughly $64 billion. In the fiscal year ended 2025-12-31, TRP reported C$15.2B in revenue and C$3.5B in net income.
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.
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| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | C$16.0B | C$15.2B | C$13.8B | C$13.3B | C$12.3B | C$13.4B | C$13.0B | C$13.3B | C$13.7B | C$13.4B | C$12.5B | C$11.3B | C$10.2B | C$8.8B | C$8.0B | C$7.8B | C$6.9B | C$9.0B | C$8.6B | C$8.8B | C$7.5B |
| Gross Profit | C$8.2B | C$7.6B | C$6.6B | C$6.7B | C$5.8B | C$6.7B | C$6.5B | C$6.5B | C$6.2B | C$5.1B | C$4.6B | C$4.0B | C$3.8B | C$3.3B | C$3.0B | C$3.2B | C$2.4B | C$4.1B | C$5.0B | C$3.8B | C$4.0B |
| Gross Margin % | 51.4% | 50.0% | 48.0% | 50.3% | 47.1% | 49.9% | 50.2% | 49.1% | 45.7% | 38.0% | 36.6% | 35.8% | 37.0% | 37.8% | 37.5% | 40.3% | 35.7% | 45.6% | 58.6% | 43.1% | 53.0% |
| Operating Income (EBIT) | C$7.3B | C$6.7B | C$5.8B | C$5.9B | C$5.1B | C$5.9B | C$5.8B | C$5.8B | C$5.7B | C$4.5B | C$4.0B | C$3.5B | C$3.3B | C$2.9B | C$2.6B | C$2.8B | C$1.9B | C$2.8B | C$3.2B | C$2.7B | C$2.9B |
| Operating Margin % | 46.0% | 44.2% | 42.0% | 44.4% | 41.2% | 44.1% | 44.6% | 43.6% | 41.5% | 33.7% | 32.1% | 31.2% | 32.3% | 32.7% | 32.1% | 35.1% | 28.2% | 30.8% | 36.8% | 30.1% | 38.9% |
| Net Income | C$3.6B | C$3.5B | C$4.7B | C$2.9B | C$748M | C$2.0B | C$4.6B | C$4.1B | C$3.7B | C$3.2B | C$233M | (C$1.1B) | C$1.8B | C$1.8B | C$1.4B | C$1.6B | C$1.3B | C$1.4B | C$1.4B | C$1.2B | C$1.1B |
| Net Margin % | 22.5% | 23.2% | 34.1% | 22.0% | 6.1% | 14.6% | 35.5% | 31.2% | 27.1% | 23.5% | 1.9% | -10.1% | 18.1% | 20.3% | 16.9% | 20.2% | 18.6% | 15.4% | 16.7% | 13.9% | 14.3% |
| EBITDA | — | C$11.6B | C$11.2B | C$8.7B | C$5.2B | C$6.7B | C$9.5B | C$9.5B | C$8.1B | C$6.9B | C$4.1B | C$5.9B | C$5.4B | C$5.0B | C$4.3B | C$4.5B | C$3.6B | C$4.3B | C$4.4B | C$4.0B | C$4.0B |
| Earnings Per Share (EPS) | C$3.42 | C$3.38 | C$4.53 | C$2.84 | C$0.75 | C$2.01 | C$4.91 | C$4.45 | C$4.10 | C$3.61 | C$0.31 | C$-1.62 | C$2.59 | C$2.52 | C$1.92 | C$2.25 | C$1.85 | C$2.11 | C$2.52 | C$2.30 | C$2.20 |
| Shares Outstanding (M) | — | 1,040M | 1,038M | 1,030M | 996M | 974M | 940M | 931M | 903M | 874M | 760M | 709M | 710M | 708M | 706M | 703M | 692M | 653M | 572M | 532M | 490M |
CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | C$4.0B | C$4.2B | C$4.1B | C$3.7B | C$3.7B | C$3.6B | C$1.4B | C$4.1B | C$3.3B |
| Gross Profit | C$2.0B | C$2.4B | C$2.0B | C$1.8B | C$1.8B | C$1.9B | C$775M | C$1.8B | C$1.6B |
| Gross Margin % | 50.0% | 56.7% | 49.7% | 48.5% | 49.2% | 52.0% | 57.0% | 45.1% | 47.3% |
| Operating Income (EBIT) | C$1.8B | C$2.2B | C$1.8B | C$1.6B | C$1.6B | C$1.7B | C$652M | C$1.6B | C$1.4B |
| Operating Margin % | 44.2% | 52.1% | 44.2% | 42.7% | 43.4% | 45.9% | 47.9% | 39.4% | 41.0% |
| Net Income | C$1.0B | C$929M | C$1.0B | C$637M | C$861M | C$1.0B | C$999M | C$1.5B | C$990M |
| Net Margin % | 25.7% | 21.9% | 24.9% | 17.2% | 23.0% | 27.8% | 73.5% | 36.3% | 29.8% |
| EBITDA | — | C$3.0B | C$3.0B | C$2.7B | C$2.7B | C$2.7B | C$2.1B | C$3.3B | C$2.5B |
| Earnings Per Share (EPS) | C$0.95 | C$0.89 | C$0.97 | C$0.61 | C$0.83 | C$0.97 | C$0.96 | C$1.43 | C$0.95 |
| Shares Outstanding (M) | — | 1,042M | 1,041M | 1,040M | 1,040M | 1,040M | 1,038M | 1,037M | 1,037M |
CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | C$7.9B | C$7.3B | C$7.7B | C$7.3B | C$6.4B | C$6.9B | C$7.1B | C$7.1B | C$6.6B | C$5.2B | C$5.1B | C$4.4B | C$4.2B | C$3.7B | C$3.6B | C$4.0B | C$2.9B | C$3.0B | C$2.8B | C$2.8B | C$2.1B |
| Capital Expenditures (CapEx) | C$4.5B | C$5.3B | C$6.4B | C$8.1B | C$6.7B | C$5.9B | C$8.1B | C$8.2B | C$9.9B | C$7.5B | C$5.3B | C$4.4B | C$4.3B | C$4.5B | C$2.6B | C$3.3B | C$5.0B | C$5.4B | C$3.1B | C$1.7B | C$1.6B |
| Free Cash Flow (FCF) | C$3.4B | C$2.1B | C$1.3B | (C$881M) | (C$352M) | C$966M | (C$1.1B) | (C$1.1B) | (C$3.4B) | (C$2.3B) | (C$233M) | (C$45M) | (C$111M) | (C$787M) | C$976M | C$699M | (C$2.2B) | (C$2.4B) | (C$294M) | C$1.2B | C$503M |
| FCF Margin % | 21.4% | 13.6% | 9.7% | -6.6% | -2.9% | 7.2% | -8.3% | -8.3% | -24.6% | -17.1% | -1.9% | -0.4% | -1.1% | -8.9% | 12.2% | 8.9% | -31.5% | -27.1% | -3.4% | 13.4% | 6.7% |
| Dividends Paid | C$3.4B | C$3.6B | C$4.1B | C$2.9B | C$3.3B | C$3.5B | C$3.1B | C$2.0B | C$1.7B | C$1.5B | C$1.5B | C$1.5B | C$1.4B | C$1.4B | C$1.3B | C$1.0B | C$754M | C$728M | C$718M | C$634M | C$617M |
CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | C$1.9B | C$1.9B | C$1.9B | C$2.2B | C$1.4B | C$2.1B | C$1.8B | C$1.2B |
| Capital Expenditures (CapEx) | C$769M | C$1.4B | C$1.3B | C$1.1B | C$1.6B | C$1.6B | C$1.3B | C$974M |
| Free Cash Flow (FCF) | C$1.1B | C$544M | C$663M | C$1.1B | (C$205M) | C$435M | C$494M | C$235M |
| FCF Margin % | 26.0% | 13.4% | 17.9% | 28.3% | -5.7% | 32.0% | 12.1% | 7.1% |
| Dividends Paid | C$655M | C$913M | C$914M | C$911M | C$883M | C$1.0B | C$755M | C$745M |
CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | C$123.9B | C$118.7B | C$118.2B | C$125.0B | C$114.3B | C$104.2B | C$100.3B | C$99.3B | C$98.9B | C$86.1B | C$88.1B | C$64.4B | C$58.5B | C$53.9B | C$48.4B | C$47.3B | C$46.6B | C$43.8B | C$39.4B | C$30.3B | C$25.9B |
| Cash & Cash Equivalents | C$2.1B | C$261M | C$801M | C$3.7B | C$620M | C$673M | C$1.5B | C$1.3B | C$446M | C$1.1B | C$1.0B | C$850M | C$489M | C$927M | C$551M | C$654M | C$764M | C$997M | C$1.3B | C$504M | C$400M |
| Total Liabilities | C$86.5B | C$81.8B | C$79.9B | C$86.0B | C$80.2B | C$70.8B | C$66.8B | C$66.9B | C$67.9B | C$59.2B | C$62.1B | C$46.2B | C$37.9B | C$33.8B | C$30.1B | C$29.1B | C$28.7B | C$26.9B | C$25.3B | C$19.9B | C$17.8B |
| Total Debt (Short + Long-Term) | C$63.7B | C$60.3B | C$59.4B | C$63.3B | C$58.3B | C$52.8B | C$49.6B | C$49.9B | C$50.2B | C$43.5B | C$44.9B | C$35.1B | C$25.0B | C$24.4B | C$22.3B | C$21.9B | C$21.9B | C$19.5B | C$17.0B | C$15.3B | C$12.0B |
| Total Shareholders' Equity | C$27.8B | C$27.3B | C$27.6B | C$29.6B | C$34.0B | C$33.3B | C$31.4B | C$30.8B | C$29.3B | C$25.0B | C$24.3B | C$16.4B | C$19.1B | C$18.5B | C$16.9B | C$17.3B | C$16.7B | C$15.8B | C$12.9B | C$11.9B | C$9.1B |
CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TRP viewer.
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