TRP
TC Energy Corp
NYSE: TRP · ENERGY · OIL & GAS MIDSTREAM
$66.93
+4.64% today
Updated 2026-04-30
Market cap
$69.73B
P/E ratio
26.35
P/S ratio
4.58x
EPS (TTM)
$2.54
Dividend yield
5.32%
52W range
$44 – $67
Volume
2.6M
TC Energy Corp (TRP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.52B | $8.83B | $8.62B | $8.97B | $6.85B | $7.84B | $8.01B | $8.80B | $10.19B | $11.30B | $12.51B | $13.45B | $13.68B | $13.26B | $13.00B | $13.39B | $12.31B | $13.27B | $13.77B | $15.19B |
| Revenue growth (YoY) | — | +17.4% | -2.4% | +4.0% | -23.6% | +14.4% | +2.1% | +9.9% | +15.8% | +10.9% | +10.7% | +7.5% | +1.7% | -3.1% | -1.9% | +3.0% | -8.1% | +7.8% | +3.8% | +10.3% |
| Cost of revenue | $3.54B | $5.02B | $3.57B | $4.88B | $4.41B | $4.68B | $5.00B | $5.48B | $6.42B | $7.25B | $7.93B | $8.34B | $7.43B | $6.74B | $6.47B | $6.71B | $6.51B | $6.60B | $7.17B | $7.59B |
| Gross profit | $3.98B | $3.81B | $5.05B | $4.09B | $2.44B | $3.16B | $3.01B | $3.32B | $3.77B | $4.05B | $4.58B | $5.11B | $6.25B | $6.51B | $6.53B | $6.68B | $5.80B | $6.67B | $6.61B | $7.60B |
| Gross margin | 53.0% | 43.1% | 58.6% | 45.6% | 35.7% | 40.3% | 37.5% | 37.8% | 37.0% | 35.8% | 36.6% | 38.0% | 45.7% | 49.1% | 50.2% | 49.9% | 47.1% | 50.3% | 48.0% | 50.0% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $0.00 | $0.00 | $0.00 | $0.00 | $146.00M | $0.00 | $434.00M | $445.00M | $473.00M | $517.00M | $555.00M | $569.00M | $569.00M | $727.00M | $727.00M | $774.00M | $848.00M | $781.00M | $820.00M | $881.00M |
| Operating income | $2.93B | $2.66B | $3.17B | $2.76B | $1.93B | $2.75B | $2.57B | $2.88B | $3.29B | $3.53B | $4.02B | $4.54B | $5.68B | $5.79B | $5.80B | $5.91B | $5.07B | $5.89B | $5.79B | $6.72B |
| Operating margin | 38.9% | 30.1% | 36.8% | 30.8% | 28.2% | 35.1% | 32.1% | 32.7% | 32.3% | 31.2% | 32.1% | 33.7% | 41.5% | 43.7% | 44.6% | 44.1% | 41.2% | 44.4% | 42.0% | 44.2% |
| EBITDA | $3.98B | $4.01B | $4.43B | $4.26B | $3.58B | $4.54B | $4.28B | $5.01B | $5.44B | $5.90B | $4.14B | $6.86B | $8.07B | $9.45B | $9.53B | $6.70B | $5.24B | $8.66B | $11.22B | $9.48B |
| EBITDA margin | 53.0% | 45.4% | 51.4% | 47.5% | 52.3% | 58.0% | 53.5% | 57.0% | 53.4% | 52.2% | 33.1% | 51.0% | 59.0% | 71.3% | 73.3% | 50.1% | 42.6% | 65.3% | 81.5% | 62.4% |
| EBIT | $2.93B | $2.83B | $3.19B | $2.88B | $2.42B | $3.22B | $2.91B | $3.53B | $3.83B | $4.13B | $2.21B | $4.80B | $5.72B | $6.99B | $6.94B | $4.18B | $2.66B | $5.88B | $8.43B | $6.72B |
| Interest expense | $0.00 | $1.02B | $1.01B | $1.02B | $760.00M | $931.00M | $976.00M | $984.00M | $1.20B | $1.04B | $1.46B | $1.50B | $2.09B | $1.72B | $2.20B | $2.09B | $1.90B | $2.58B | $2.52B | $3.39B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.08B | $1.22B | $1.44B | $1.38B | $1.28B | $1.58B | $1.35B | $1.79B | $1.84B | $-1.15B | $233.00M | $3.16B | $3.70B | $4.14B | $4.62B | $1.96B | $748.00M | $2.92B | $4.70B | $3.52B |
| Net income growth (YoY) | — | +13.4% | +17.7% | -4.2% | -7.4% | +23.7% | -14.4% | +31.9% | +3.0% | -162.3% | +120.3% | +1254.9% | +17.3% | +11.8% | +11.5% | -57.6% | -61.7% | +290.6% | +60.8% | -25.2% |
| Profit margin | 14.3% | 13.9% | 16.7% | 15.4% | 18.7% | 20.2% | 16.9% | 20.3% | 18.1% | -10.1% | 1.9% | 23.5% | 27.1% | 31.2% | 35.5% | 14.6% | 6.1% | 22.0% | 34.1% | 23.2% |