TC Energy (TRP N) Stock Overview

Operates as an energy infrastructure company in North America. More details

TRP N fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	1/6
Dividends	3/6

Rewards

Earnings grew by 121.4% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Significant insider selling over the past 3 months

Dividend of 5.24% is not well covered by free cash flows

TRP N Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

TC Energy Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for TC Energy
Historical stock prices
Current Share Price	CA$884.22
52 Week High	CA$884.22
52 Week Low	CA$884.22
Beta	0.95
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	TRP N	MX Oil and Gas	MX Market
7D	0%	-2.2%	-1.7%
1Y	n/a	-13.5%	-2.0%

Return vs Industry: Insufficient data to determine how TRP N performed against the MX Oil and Gas industry.

Return vs Market: Insufficient data to determine how TRP N performed against the MX Market.

Price Volatility

Is TRP N's price volatile compared to industry and market?
TRP N volatility
TRP N Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	5.4%
Market Average Movement	4.1%
10% most volatile stocks in MX Market	6.0%
10% least volatile stocks in MX Market	2.6%

Stable Share Price: TRP N's share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine TRP N's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1951	6,668	Francois Poirier	www.tcenergy.com

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions.

TC Energy Corporation Fundamentals Summary

How do TC Energy's earnings and revenue compare to its market cap?
TRP N fundamental statistics
Market cap	Mex$921.15b
Earnings (TTM)	Mex$57.20b
Revenue (TTM)	Mex$189.58b

16.1x

P/E Ratio

4.9x

P/S Ratio

Is TRP N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRP N income statement (TTM)
Revenue	CA$13.89b
Cost of Revenue	CA$4.49b
Gross Profit	CA$9.40b
Other Expenses	CA$5.21b
Earnings	CA$4.19b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Jul 31, 2025

Earnings per share (EPS)	4.03
Gross Margin	67.70%
Net Profit Margin	30.17%
Debt/Equity Ratio	161.5%

How did TRP N perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

89%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/22 14:42
End of Day Share Price	2025/07/11 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TC Energy Corporation is covered by 42 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harshit Gupta	Accountability Research Corporation
Nathan Heywood	ATB Capital Markets
Theresa Chen	Barclays