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

62.72 0.11 +0.18%
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) Return on equity

Alert me on Return on equity

TC Energy Corporation's return on equity over the twelve months to 30 June 2026 was 9.94%, up 0.4 percentage points from fiscal 2025 (9.55%). Over the past ten years it has ranged from −6.72% (fiscal 2015) to 15.4% (fiscal 2020); the current reading is higher than 55% of that period. That is below the Oil & Gas Midstream industry median of 11.7% and above the Energy sector median of 7.54%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 9.55% (3.05)
FY2024 12.6% 4.44
FY2023 8.16% 6.11
FY2022 2.05% (4.30)
FY2021 6.35% (9.08)
FY2020 15.4% 1.25
FY2019 14.2% 0.00
FY2018 14.2% 0.70
FY2017 13.5% 12.83
FY2016 0.65% 7.37

Against its own ten years

Low −6.72% High 15.4%
Ten-year median 9.55%
Current reading's percentile 55

Return on equity against peers

Company Return on equity
MPLX MPLX LP compare 30.2%
LNG Cheniere Energy, Inc. compare 26.0%
WMB Williams Companies, Inc. (The) compare 17.2%
OKE ONEOK, Inc. compare 14.9%
ET Energy Transfer LP compare 11.7%
KMI Kinder Morgan, Inc. compare 11.1%
TRP TC Energy Corporation 9.94%
TRGP Targa Resources, Inc. compare 0.00%
EPD Enterprise Products Partners L.P. compare 0.00%
Oil & Gas Midstream industry median 11.7%
Energy sector median 7.54%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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