TC Energy Future Growth
Future criteria checks 1/6
TC Energy is forecast to grow earnings and revenue by 6.7% and 1.6% per annum respectively. EPS is expected to grow by 8% per annum. Return on equity is forecast to be 16.8% in 3 years.
Key information
6.7%
Earnings growth rate
8.0%
EPS growth rate
| Oil and Gas earnings growth | 5.3% |
| Revenue growth rate | 1.6% |
| Future return on equity | 16.8% |
| Analyst coverage | Good |
| Last updated | 17 Oct 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 15,713 | 4,349 | 2,145 | 8,320 | 3 |
| 12/31/2025 | 14,748 | 3,991 | 912 | 7,850 | 4 |
| 12/31/2024 | 15,066 | 4,236 | -572 | 7,726 | 3 |
| 6/30/2024 | 16,504 | 3,432 | 294 | 7,381 | N/A |
| 3/31/2024 | 16,249 | 2,719 | -549 | 7,236 | N/A |
| 12/31/2023 | 15,934 | 2,829 | -881 | 7,268 | N/A |
| 9/30/2023 | 14,037 | -81 | -720 | 7,433 | N/A |
| 6/30/2023 | 15,157 | 957 | -631 | 7,310 | N/A |
| 3/31/2023 | 15,405 | 1,596 | -427 | 6,742 | N/A |
| 12/31/2022 | 14,977 | 641 | -352 | 6,375 | N/A |
| 9/30/2022 | 15,283 | 3,206 | -109 | 6,151 | N/A |
| 6/30/2022 | 14,402 | 3,144 | 304 | 6,162 | N/A |
| 3/31/2022 | 13,506 | 3,230 | 1,131 | 6,931 | N/A |
| 12/31/2021 | 13,387 | 1,815 | 966 | 6,890 | N/A |
| 9/30/2021 | 13,100 | 1,821 | 759 | 7,028 | N/A |
| 6/30/2021 | 13,055 | 1,946 | 213 | 7,099 | N/A |
| 3/31/2021 | 12,962 | 2,252 | -661 | 7,001 | N/A |
| 12/31/2020 | 12,999 | 4,457 | -1,077 | 7,058 | N/A |
| 9/30/2020 | 12,965 | 4,441 | -1,432 | 6,945 | N/A |
| 6/30/2020 | 12,903 | 4,276 | -1,569 | 6,747 | N/A |
| 3/31/2020 | 13,186 | 4,120 | -1,258 | 6,856 | N/A |
| 12/31/2019 | 13,255 | 3,976 | -1,100 | 7,082 | N/A |
| 9/30/2019 | 13,896 | 3,960 | -1,882 | 7,295 | N/A |
| 6/30/2019 | 13,919 | 4,149 | -2,728 | 7,009 | N/A |
| 3/31/2019 | 13,742 | 3,809 | -3,270 | 7,092 | N/A |
| 12/31/2018 | 13,679 | 3,539 | -3,359 | 6,555 | N/A |
| 9/30/2018 | 13,392 | 3,308 | -2,818 | 5,906 | N/A |
| 6/30/2018 | 13,431 | 2,992 | -2,438 | 5,792 | N/A |
| 3/31/2018 | 13,466 | 3,088 | N/A | 5,340 | N/A |
| 12/31/2017 | 13,449 | 2,997 | N/A | 5,230 | N/A |
| 9/30/2017 | 13,493 | 1,778 | N/A | 5,415 | N/A |
| 6/30/2017 | 13,930 | 1,031 | N/A | 5,495 | N/A |
| 3/31/2017 | 13,451 | 515 | N/A | 5,290 | N/A |
| 12/31/2016 | 12,547 | 124 | N/A | 5,069 | N/A |
| 9/30/2016 | 11,737 | -1,976 | N/A | 4,902 | N/A |
| 6/30/2016 | 11,049 | -1,439 | N/A | 4,884 | N/A |
| 3/31/2016 | 10,929 | -1,375 | N/A | 4,705 | N/A |
| 12/31/2015 | 11,353 | -1,240 | N/A | 4,384 | N/A |
| 9/30/2015 | 11,065 | 1,676 | N/A | 3,715 | N/A |
| 6/30/2015 | 10,572 | 1,731 | N/A | 3,710 | N/A |
| 3/31/2015 | 10,175 | 1,718 | N/A | 3,860 | N/A |
| 12/31/2014 | 10,185 | 1,743 | N/A | 4,226 | N/A |
| 9/30/2014 | 9,901 | 1,705 | N/A | 4,349 | N/A |
| 6/30/2014 | 9,654 | 1,729 | N/A | 4,225 | N/A |
| 3/31/2014 | 9,429 | 1,678 | N/A | 3,947 | N/A |
| 12/31/2013 | 8,797 | 1,712 | N/A | 3,674 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRPE.F's forecast earnings growth (6.7% per year) is above the savings rate (2.5%).
Earnings vs Market: TRPE.F's earnings (6.7% per year) are forecast to grow slower than the US market (15.3% per year).
High Growth Earnings: TRPE.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: TRPE.F's revenue (1.6% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: TRPE.F's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRPE.F's Return on Equity is forecast to be low in 3 years time (16.8%).