TRP Historical Income Statement
| TRP Stock | CAD 49.19 0.14 0.29% |
Historical analysis of TC Energy income statement accounts such as Net Income of 3.1 B, Depreciation And Amortization of 1.7 B, Gross Profit of 5.1 B or Other Operating Expenses of 7.2 B can show how well TC Energy Corp performed in making a profits. Evaluating TC Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TC Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining TC Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TC Energy Corp is a good buy for the upcoming year.
TRP |
About TRP Income Statement Analysis
TC Energy Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to TC Energy shareholders. The income statement also shows TRP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
TC Energy Income Statement Chart
TC Energy Corp Income Statement is one of the three primary financial statements used for reporting TRP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TC Energy Corp revenue and expense. TC Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, TC Energy's Interest Expense is very stable compared to the past year. As of the 22nd of April 2024, EBITDA is likely to grow to about 11.9 B, while Total Revenue is likely to drop about 9.8 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts TC Energy Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from TC Energy Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TC Energy Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of TC Energy Corp minus its cost of goods sold. It is profit before TC Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from TC Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TC Energy Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, TC Energy's Interest Expense is very stable compared to the past year. As of the 22nd of April 2024, EBITDA is likely to grow to about 11.9 B, while Total Revenue is likely to drop about 9.8 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 7.2B | 7.3B | 6.9B | 5.4B | Total Revenue | 13.4B | 15.0B | 15.9B | 9.8B |
TC Energy income statement Correlations
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TC Energy Account Relationship Matchups
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TC Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.9B | 1.9B | 2.1B | 2.2B | 2.6B | 2.7B | |
| Total Revenue | 13.3B | 13.0B | 13.4B | 15.0B | 15.9B | 9.8B | |
| Operating Income | 6.9B | 7.0B | 7.2B | 7.3B | 6.9B | 5.4B | |
| Ebitda | 9.3B | 9.6B | 9.8B | 9.9B | 11.3B | 11.9B | |
| Net Income | 4.1B | 4.6B | 2.0B | 748M | 2.9B | 3.1B | |
| Depreciation And Amortization | 2.5B | 2.6B | 2.5B | 2.6B | 3.0B | 1.7B | |
| Gross Profit | 6.5B | 6.5B | 6.7B | 6.9B | 7.8B | 5.1B | |
| Other Operating Expenses | 7.5B | 7.2B | 7.5B | 8.9B | 10.2B | 7.2B | |
| Ebit | 6.9B | 7.0B | 7.2B | 7.3B | 8.4B | 8.8B | |
| Cost Of Revenue | 6.7B | 6.5B | 6.7B | 8.1B | 8.2B | 6.3B | |
| Income Before Tax | 5.2B | 5.1B | 2.2B | 1.4B | 4.0B | 2.4B | |
| Total Other Income Expense Net | (1.7B) | (1.9B) | (5.1B) | (5.9B) | (399M) | (419.0M) | |
| Income Tax Expense | 754M | 194M | 120M | 589M | 530.1M | 351.4M | |
| Net Income From Continuing Ops | 4.4B | 4.9B | 2.0B | 785M | 3.1B | 2.5B | |
| Net Income Applicable To Common Shares | 4.0B | 4.5B | 1.8B | 641M | 737.2M | 700.3M | |
| Minority Interest | 1.6B | 2.1B | (91M) | (37M) | (146M) | (138.7M) | |
| Tax Provision | 754M | 194M | 120M | 589M | 942M | 525.4M | |
| Interest Income | 953M | 213M | 1.3B | 1.6B | 242M | 229.9M | |
| Net Interest Income | (1.9B) | (2.0B) | (1.9B) | (2.1B) | (2.4B) | (2.6B) | |
| Reconciled Depreciation | 2.5B | 2.6B | 2.5B | 2.6B | 2.8B | 2.7B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TC Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TC Energy's short interest history, or implied volatility extrapolated from TC Energy options trading.
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When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for TRP Stock analysis
When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.
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