Price History

Hover for the daily close. The dotted line marks the period open.

Compare TRP with… →

TRP Key Statistics

As of Sep 4, 2026

Trading

Open: $62.52
Previous Close: $62.88
Day's Range: 62.12–62.75
52-Week Range: 49.27–71.47
Volume: 2.86M
Beta: 0.95

Valuation

Market Cap: $65.23B
P/E Ratio: 24.75
Forward P/E: 22.03
PEG Ratio: 3.32
P/S ratio: 4.16
EPS (ttm): 2.53

Financials (FY)

Revenue (FY): $15.24B+10.66%
Net Income (FY): $3.52B−25.10%
Profit margin: 22.91%
Shares Outstanding: 1.04B
1-Year Return: +24.14%

Dividend and dates

Dividend: $2.50+3.99%
Ex-Dividend Date: September 29, 2026
Earnings Date: November 5, 2026
Avg Volume: 2.36M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

TRP Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−23.00%+55.66%+16.01%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+16.01%
2025	+21.25%
2024	+26.24%
2023	+4.70%
2022	−9.70%
2021	+20.38%
2020	−19.50%
2019	+55.66%
2018	−23.00%
2017	+11.77%
2016 (partial year)	−2.14%

As of September 4, 2026.

TRP Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$15.24B	$3.52B	23.1%
2024	$13.77B	$4.70B	34.1%
2023	$13.27B	$2.92B	22.0%
2022	$12.31B	$748.00M	6.1%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$15.24B	$7.64B	$6.76B	$3.52B	23.1%
2024	$13.77B	$6.61B	$5.79B	$4.70B	34.1%
2023	$13.27B	$6.67B	$5.89B	$2.92B	22.0%
2022	$12.31B	$5.80B	$5.07B	$748.00M	6.1%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

TRP Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$1.22−51.5% vs 2024

Dividends per share, 2025 · 2 payments

Year	Dividends per share	Payments	Change
2026*	$1.25	2	—
2025	$1.22	2	−51.5%
2024	$2.51	4	−1.1%
2023	$2.54	4	+1.6%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.25	2	—
2025	$1.22	2	−51.5%
2024	$2.51	4	−1.1%
2023	$2.54	4	+1.6%
2022	$2.49	4	−1.0%
2021	$2.52	4	+14.8%
2020	$2.20	4	+6.2%
2019	$2.07	4	+8.6%
2018	$1.90	4	+7.9%
2017	$1.76	4	+129.4%
2016	$0.77	2	—

Most recent payment: $0.62 per share, ex-dividend June 30, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

TRP Valuation vs Oil & Gas Midstream Median

Median of 65 stocks

Metric	TRP	Oil & Gas Midstream median	vs median
P/E	24.75	15.54	59% above
P/S ratio	4.16	2.65	57% above
Profit margin	22.91%	20.00%	2.9 pts above

Medians across 65 Oil & Gas Midstream stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

TC Energy Corporation (TRP) is capitalised at $65.23B on the latest close. It is classified in the Oil & Gas Midstream industry, within the Energy sector. Headcount on file is 6,574.

TRP last closed at $62.61 on September 4, 2026. That is −$0.27 (−0.43%) against the previous close. Over the past 52 weeks the price has ranged from $49.27 to $71.47. The latest close sits 27.08% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $15.24B. Against the prior fiscal year total of $13.77B, that is a change of +10.66%. Net income for the same year was $3.52B. That is −25.10% against the prior fiscal year. The reported profit margin is 22.91%. That is 2.9 percentage points above the Oil & Gas Midstream median of 20%. Trailing earnings per share are 2.53.

Across the 4 fiscal years on file, revenue moves from $12.31B in 2022 to $15.24B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 24.75. That is 59.27% above the Oil & Gas Midstream median of 15.54. On forward earnings the ratio is 22.03. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.32. The price-to-sales ratio is 4.16. On price-to-sales that is 56.77% above the Oil & Gas Midstream median of 2.65. The medians here are taken across 65 Oil & Gas Midstream companies that report the metric.

Beta against the wider market is reported at 0.95. Daily returns over the trailing 10 years annualize to a volatility of 25.1%. Over the trailing twelve months the price has returned +24.14%. Measured over 10 years, that is +7.92% a year compounded.

Growth & Income

The trailing dividend yield is 3.99%. That is 1.4 percentage points below the Oil & Gas Midstream median yield of 5.35%. At the indicated rate that is $2.50 a share a year. The ex-dividend date on file is September 29, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $1.25 a share. The year before, 2025, totalled $1.22 a share.

So far in 2026 the price is +16.01%. The strongest complete calendar year on file is 2019 at +55.66%; the weakest is 2018 at −23.00%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

TC Energy Corporation (TRP) operates in the Oil & Gas Midstream industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
TC Energy Corporation	TRP	$65.23B	24.8
Enbridge Inc.	ENB	$109.40B	26.9
The Williams Companies, Inc.	WMB	$90.70B	29.5
Enterprise Products Partners L.P.	EPD	$84.09B	13.6

The Oil & Gas Midstream industry average P/E ratio is 15.5x. TC Energy Corporation trades at a P/E of 24.8.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related Oil & Gas Midstream Stocks

ENB

Enbridge Inc.

$109.40B

WMB

The Williams Companies, Inc.

$90.70B

EPD

Enterprise Products Partners L.P.

$84.09B

ET

Energy Transfer LP

$74.03B

KMI

Kinder Morgan, Inc.

$69.92B

TRGP

Targa Resources Corp.

$62.20B

View all Oil & Gas Midstream stocks →

Popular Energy Stocks

XOM

ExxonMobil Holdings Corporation

$655.73B

CVX

Chevron Corporation

$409.19B

SHEL

Shell plc

$265.91B

TTE

TotalEnergies SE

$196.02B

COP

ConocoPhillips

$161.29B

View all Energy stocks →

About TC Energy Corporation

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, the company owns or has interests in power generation facilities with approximately 4,650 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Visit website →

TC Energy Corporation (TRP) Stock Analysis