Friday 6 November 2026 Export TRP’s income statement to Excel — free account

TC Energy Corporation

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

62.72 0.11 +0.18%

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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

Overview

TC Energy Corporation (TRP) P/S ratio

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As of 5 November 2026, TC Energy Corporation (TRP) trades at a P/S ratio of 5.8×. Over the past ten years it has ranged from 2.3× (January 2016) to 6.6× (December 2025); the current reading is higher than 92% of that period. That is above the Oil & Gas Midstream industry median of 2.4× and above the Energy sector median of 1.5×.

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<iframe src="https://stockrow.com/embed/TRP/ps-ratio" width="100%" height="360" style="border:0" loading="lazy" title="TC Energy Corporation P/S ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/TRP/metrics/ps-ratio">TC Energy Corporation (TRP) P/S ratio — stockrow.com</a></p>

Period	P/S ratio	Change
FY2025	5.2×	9.15%
FY2024	4.8×	52.56%
FY2023	3.2×	1.71%
FY2022	3.1×	(20.52%)
FY2021	3.9×	7.48%
FY2020	3.6×	(20.44%)
FY2019	4.6×	62.50%
FY2018	2.8×	(26.41%)
FY2017	3.8×	14.34%
FY2016	3.3×	28.77%

Period	P/S ratio	Change
Jun 2026	6.1×	4.58%
Mar 2026	5.8×	10.94%
Dec 2025	5.2×	(18.00%)
Sep 2025	6.4×	15.35%
42 more quarters	Free account

Against its own ten years

Low 2.3× High 6.6×

Ten-year median 3.8×

Current reading's percentile 92

Company	P/S ratio
ET Energy Transfer LP compare	0.5×
EPD Enterprise Products Partners L.P. compare	1.2×
OKE ONEOK, Inc. compare	1.3×
LNG Cheniere Energy, Inc. compare	2.5×
TRGP Targa Resources, Inc. compare	3.2×
KMI Kinder Morgan, Inc. compare	3.7×
MPLX MPLX LP compare	4.3×
TRP TC Energy Corporation	5.8×
WMB Williams Companies, Inc. (The) compare	6.4×
Oil & Gas Midstream industry median	2.4×
Energy sector median	1.5×
Market median	1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

TC Energy Corporation (TRP) P/S ratio

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on TRP

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on TRP

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