profit from every $100 of sales.
$0$100
TC Energy
$64.78+0.39% today
+19.0% in 1 year
1-year low $53.101-year high $70.91
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $27.36 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What TC Energy sold, what it kept, and what it did with the cash.
Sales went from CA$12.3 billion in 2022 to CA$15.2 billion in 2025, with CA$3.52 billion of profit last year.
SalesProfit
TC Energy handed back more cash to shareholders than it generated last year.
CA$3.6B
Free cash flow 2025CA$2.1B
Bought back its own sharesCA$250M
Paid as dividendsCA$3.6B
Cash vs. debtCA$168M vs. CA$60.6B
TC Energy vs. similar companies
TC Energy grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| TC Energy | 27.4× · Fair price | ||
 Enbridge | 20.2× · Fair price | ||
 The Williams Companies | 33.0× · Expensive | ||
 Enterprise Products Partners L.P. | 14.2× · Cheap | ||
 Kinder Morgan | 23.3× · Fair price |
Compare TC Energy with Chevron · EOG Resources · Exxon Mobil
AI analysis
An AI analyst reads TC Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 12,309 | 13,267 | 13,771 | 15,239 | |
| 5,797 | 6,668 | 6,606 | 7,643 | |
| 5,070 | 5,887 | 5,786 | 6,762 | |
| 5,241 | 8,658 | 11,217 | 11,060 | |
| 748 | 2,922 | 4,698 | 3,519 | |
| 0.64 | 2.75 | 4.43 | 3.27 | |
| 47.1% | 50.3% | 48.0% | 50.2% | |
| 41.2% | 44.4% | 42.0% | 44.4% | |
| 6.1% | 22.0% | 34.1% | 23.1% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 114,348 | 125,034 | 118,243 | 118,751 |
| Cash | 620 | 3,678 | 801 | 168 |
| Total debt | 58,679 | 63,658 | 59,877 | 60,628 |
| Total liabilities | 80,232 | 86,026 | 79,883 | 81,852 |
| 33,990 | 29,553 | 27,592 | 27,295 | |
| 996 | 1,030 | 1,038 | 1,040 | |
| 2.3% | 5.0% | 7.6% | 7.4% | |
| 2.2% | 9.9% | 17.0% | 12.9% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 6,375 | 7,268 | 7,696 | 7,346 | |
| 6,727 | 8,149 | 6,358 | 5,286 | |
| -352 | -881 | 1,338 | 2,060 | |
| Dividends paid | 3,298 | 2,879 | 4,052 | 3,621 |
| 1,000 | 0 | 0 | 250 | |
| – | – | – | – |
Valuation
- 27.4×
- 17.3×
- 0.38
- 3.4×
- 6.3×
- 46.7×
- 14.2×
- 2.1%
- 3.7%
- 3.8%
Profitability
- 50.2%
- 44.4%
- 23.1%
- 69.2%
- 7.6%
- 5.7%
- 12.5%
- 2.8%
- 6.5%
- –
Growth
- +7.4%
- +72.2%
- +54.0%
- +0.4%
- +1.5%
Financial health
- 5.5×
- 2.22
- 51.2%
- 2.9×
- 0.63
- 0.57
- 0.13
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 48%of 467
Top 6%of 466
Bottom 26%of 387
Top 35%of 461
Bottom 33%of 460
What analysts expect
- Average price target
- $62.00
- Range
- $62.00 – $62.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 1, 2026 | 0.72 | 0.70 | +2.9% |
| Feb 13, 2026 | 0.70 | 0.65 | +7.7% |
| Nov 6, 2025 | 0.56 | 0.56 | +0.0% |
| Jul 31, 2025 | 0.59 | 0.56 | +5.4% |
| May 1, 2025 | 0.66 | 0.70 | −5.7% |
| Feb 14, 2025 | 0.75 | 0.68 | +10.3% |
| Nov 7, 2024 | 0.76 | 0.71 | +6.6% |
| Aug 1, 2024 | 0.63 | 0.60 | +4.3% |
3.8%of the share price, paid each year
On $1,000 invested$38a year at today's yield, before tax
+0.4%2020 to 2025
Raised–not every year
Paid per share, each year
$2.42 in 2015 → $2.45 in 2025
How safe it looks
102.9% of its profit
Room to growStretchedMore than it earns: 175.8%
News
Kolibri Global Energy GAAP EPS of $0.10 misses by $0.05, revenue of $18.3M beats by $0.97MSeeking Alpha · Nov 13, 2026These five energy stocks remain under pressure with persistent Sell ratingsSeeking Alpha · Nov 13, 2026XOP vs AMLP. Is a Midstream or Upstream Energy ETF the Better Buy as Oil Prices Stay High?Yahoo Finance · Nov 12, 2026Bloom Energy’s stock rallies as data-center jitters subsideMarketWatch · Nov 11, 2026Stock Market Today: Nasdaq Jumps As CoreWeave Results Fuel AI Stampede; Bloom Energy, Dell Soar (Live Coverage)Yahoo Finance · Nov 11, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
37No pass
Benjamin Graham
35No pass
Philip Fisher
67Pass
Peter Lynch
86Pass
Joel Greenblatt
29No pass
Charlie Munger
41No pass
Terry Smith
37No pass
Questions about TC Energy
Is TC Energy a good stock to buy?
A business with weak numbers at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the TC Energy AI analysis
What does TC Energy do?
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. It is in Oil & Gas Midstream, based in Calgary, AB, Canada, with 6,574 employees.
Does TC Energy pay a dividend?
Yes. At today's price the dividend is 3.8% a year, about 103% of its yearly profit. In 2025 it paid out $3.62 billion in dividends.
Is TC Energy stock halal?
No. TC Energy does not pass our halal screen: its debt is 63% of its market value, at or above the 33% limit. How we check
How has TC Energy stock done over the past year?
Up 19.0% over the past twelve months, to $64.78. It traded between $53.10 and $70.91 and is 8.6% below its high.
Who are TC Energy's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with TC Energy's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.