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
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TC Energy Corporation (TRP) P/E ratio
As of 30 October 2026, TC Energy Corporation (TRP) trades at a P/E ratio of 26.8×. Over the past ten years it has ranged from 0.0× (December 2023) to 216× (January 2017); the current reading is higher than 75% of that period. That is above the Oil & Gas Midstream industry median of 13.0× and above the Energy sector median of 14.2×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 23.7× | 64.82% |
| FY2024 | 14.4× | (19.24%) |
| FY2023 | 17.8× | (71.24%) |
| FY2022 | 61.8× | 116.79% |
| FY2021 | 28.5× | 169.73% |
| FY2020 | 10.6× | (30.30%) |
| FY2019 | 15.2× | 40.10% |
| FY2018 | 10.8× | (36.95%) |
| FY2017 | 17.2× | (91.30%) |
| FY2016 | 197× | — |
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 | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| MPLX MPLX LP compare | 12.9× |
| EPD Enterprise Products Partners L.P. compare | 13.3× |
| ET Energy Transfer LP compare | 14.2× |
| OKE ONEOK, Inc. compare | 16.7× |
| KMI Kinder Morgan, Inc. compare | 21.7× |
| LNG Cheniere Energy, Inc. compare | 24.5× |
| TRP TC Energy Corporation | 26.8× |
| WMB Williams Companies, Inc. (The) compare | 29.5× |
| TRGP Targa Resources, Inc. compare | 30.1× |
| Oil & Gas Midstream industry median | 13.0× |
| Energy sector median | 14.2× |
| Market median | 18.6× |
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)