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Sunday 11 October 2026 Export all TRP data to Excel Powerpack

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. In the quarter to June 2026, revenue grew 5.59%, EPS grew 18.3%, free cash flow grew 24.2% and total debt rose 10.3%, each against the same quarter a year earlier.

60.05 0.07 +0.12%
Market cap
$62.5B
P/E
24.9×
Fwd P/E
24.9×
Dividend yield
4.16%
F-score
6/9
Altman Z
0.83
Beneish M
−2.50
Dividend safety
0/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

TC Energy Corporation (TRP) P/E ratio

Alert me on P/E ratio

As of 9 October 2026, TC Energy Corporation (TRP) trades at a P/E ratio of 24.9×. Over the past ten years it has ranged from 0.0× (December 2023) to 235× (January 2017); the current reading is higher than 71% of that period. That is above the Oil & Gas Midstream industry median of 12.4× and above the Energy sector median of 14.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 23.7× 64.82%
FY2024 14.4× (25.78%)
FY2023 19.3× (71.23%)
FY2022 67.3× 116.78%
FY2021 31.0× 169.73%
FY2020 11.5× (30.31%)
FY2019 16.5× 40.08%
FY2018 11.8× (36.95%)
FY2017 18.7× (91.30%)
FY2016 215× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 27.5× 1.24%
Mar 2026 27.2× 14.79%
Dec 2025 23.7× 0.93%
Sep 2025 23.5× 40.84%
42 more quarters

Against its own ten years

Low 0.0× High 235×
Ten-year median 17.6×
Current reading's percentile 64

P/E ratio against peers

Company P/E ratio
MPLX MPLX LP compare 12.1×
EPD Enterprise Products Partners L.P. compare 12.5×
ET Energy Transfer LP compare 13.9×
OKE ONEOK, Inc. compare 15.5×
LNG Cheniere Energy, Inc. compare 20.6×
KMI Kinder Morgan, Inc. compare 20.8×
TRP TC Energy Corporation 24.9×
TRGP Targa Resources, Inc. compare 27.3×
WMB Williams Companies, Inc. (The) compare 28.9×
Oil & Gas Midstream industry median 12.4×
Energy sector median 14.0×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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