TC Energy Corporation

TRP Energy Oil & Gas Midstream

TC Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $10.9 billion, up 8.52% from fiscal 2024.

Revenue
+5.59%
EPS
+18.3%
Free cash flow
+24.2%
Total debt
+10.3%

Quarter to June 2026, against a year earlier

61.91 0.67 −1.07%
Market cap
$65.2B
P/E
26.0×
Fwd P/E
23.4×
Dividend yield
3.99%
F-score
6/9
Altman Z
0.83
Beneish M
−2.50
Dividend safety
0/100

TC Energy Corporation (TRP) Current ratio

Alert me on Current ratio

TC Energy Corporation's current ratio at the end of the quarter to 30 June 2026 was 0.6×, down 0.0× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.4× (fiscal 2018) to 1.1× (fiscal 2016); the current reading is higher than 82% of that period. That is below the Oil & Gas Midstream industry median of 1.2× and below the Energy sector median of 1.3×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.6× 16.28%
FY2024 0.5× (43.32%)
FY2023 1.0× 121.88%
FY2022 0.4× (23.81%)
FY2021 0.6× 31.18%
FY2020 0.4× (26.84%)
FY2019 0.6× 49.55%
FY2018 0.4× (16.29%)
FY2017 0.5× (54.99%)
FY2016 1.1× 96.49%

Quarterly newest first

Period Current ratio Change
Jun 2026 0.6× (6.15%)
Mar 2026 0.7× 2.52%
Dec 2025 0.6× 0.28%
Sep 2025 0.6× 4.05%
42 more quarters

Against its own ten years

Low 0.4× High 1.1×
Ten-year median 0.5×
Current reading's percentile 82

Current ratio against peers

Company Current ratio
MPLX MPLX LP compare 1.6×
ET Energy Transfer LP compare 1.2×
EPD Enterprise Products Partners L.P. compare 0.9×
LNG Cheniere Energy, Inc. compare 0.9×
OKE ONEOK, Inc. compare 0.8×
WMB Williams Companies, Inc. (The) compare 0.7×
TRGP Targa Resources, Inc. compare 0.7×
KMI Kinder Morgan, Inc. compare 0.7×
TRP TC Energy Corporation 0.6×
Oil & Gas Midstream industry median 1.2×
Energy sector median 1.3×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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