TRP Financial Statements From 2010 to 2024

TRP Stock  USD 35.91  0.12  0.33%   
TC Energy financial statements provide useful quarterly and yearly information to potential TC Energy Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on TC Energy financial statements helps investors assess TC Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting TC Energy's valuation are summarized below:
Gross Profit
9.6 B
Profit Margin
0.1834
Market Capitalization
37.4 B
Enterprise Value Revenue
5.2276
Revenue
15.9 B
There are currently one hundred twenty fundamental measures for TC Energy that can be evaluated and compared over time across peers in the sector. Investors and active traders are advised to double-check TC Energy's latest fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/25/2024, Market Cap is likely to grow to about 50.7 B. Also, Enterprise Value is likely to grow to about 103.8 B

TC Energy Total Revenue

9.76 Billion

Check TC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TRP main balance sheet or income statement drivers, such as Total Revenue of 9.8 B, Gross Profit of 5.9 B or Operating Income of 3.9 B, as well as many exotic indicators such as Price To Sales Ratio of 3.72, Dividend Yield of 0.0338 or PTB Ratio of 2.04. TRP financial statements analysis is a perfect complement when working with TC Energy Valuation or Volatility modules.
  
This module can also supplement TC Energy's financial leverage analysis and stock options assessment as well as various TC Energy Technical models . Check out the analysis of TC Energy Correlation against competitors.

TC Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding567 MB775.1 M
Slightly volatile
Total Assets64.6 B125 B78.7 B
Slightly volatile
Short and Long Term Debt Total32.4 B63.7 B39.4 B
Slightly volatile
Other Current Liabilities4.1 B3.9 B1.6 B
Slightly volatile
Total Current Liabilities7.8 B11.8 B9.5 B
Slightly volatile
Total Stockholder Equity19.6 B29.6 B23.5 B
Slightly volatile
Other Liabilities15.4 B14.7 B7.7 B
Slightly volatile
Property Plant And Equipment Net45.4 B80.6 B53.4 B
Slightly volatile
Net Debt31.6 B59.9 B38.4 B
Slightly volatile
Accounts Payable3.2 B4.8 B3.8 B
Slightly volatile
CashB3.8 B1.2 B
Slightly volatile
Non Current Assets Total60 B113.7 B73.1 B
Slightly volatile
Non Currrent Assets Other2.6 B3.4 BB
Slightly volatile
Other Assets7.8 B7.4 B4.7 B
Slightly volatile
Long Term Debt63.3 B60.3 B36.7 B
Slightly volatile
Net Receivables4.6 B4.4 B2.5 B
Slightly volatile
Liabilities And Stockholders Equity64.6 B125 B78.7 B
Slightly volatile
Non Current Liabilities Total77.9 B74.2 B46.6 B
Slightly volatile
InventoryB982 M516.5 M
Slightly volatile
Other Current Assets2.3 B2.2 B1.4 B
Pretty Stable
Total Liabilities43.5 B86 B53.4 B
Slightly volatile
Total Current Assets11.9 B11.4 B6.1 B
Slightly volatile
Short Term Debt3.6 BB4.4 B
Slightly volatile
Common Stock31.5 B30 B19.7 B
Slightly volatile
Property Plant Equipment91.7 B87.3 B55.9 B
Slightly volatile
Property Plant And Equipment Gross125.7 B119.7 B66 B
Slightly volatile
Cash And Short Term InvestmentsB3.8 B1.2 B
Slightly volatile
Long Term Debt Total46.6 B57.7 B40 B
Slightly volatile
Cash And Equivalents767.7 M558 M942.6 M
Slightly volatile
Net Invested Capital87.4 B90.3 B73.1 B
Slightly volatile
Capital Stock32.7 B32.5 B28.5 B
Slightly volatile

TC Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue9.8 B15 B11.4 B
Slightly volatile
Gross Profit5.9 B6.8 B5.3 B
Slightly volatile
Operating Income3.9 BB4.8 B
Slightly volatile
EBIT5.5 BB5.2 B
Slightly volatile
EBITDA6.6 B8.7 B7.1 B
Slightly volatile
Depreciation And Amortization1.8 B2.8 BB
Slightly volatile
Interest Expense3.6 B3.4 B1.8 B
Slightly volatile
Other Operating Expenses7.3 B9.1 B8.3 B
Pretty Stable
Cost Of Revenue6.3 B8.2 B7.5 B
Pretty Stable
Total Operating Expenses744.1 M897 M765.9 M
Pretty Stable
Tax Provision525.4 M942 M333 M
Slightly volatile
Interest Income229.9 M242 M927.5 M
Slightly volatile
Reconciled Depreciation2.7 B2.8 B2.3 B
Slightly volatile

TC Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow753.4 M726 M814.8 M
Slightly volatile
Depreciation1.8 B2.8 BB
Slightly volatile
Dividends Paid1.5 B2.9 B1.9 B
Slightly volatile
Capital Expenditures4.6 B8.1 B5.6 B
Slightly volatile
Total Cash From Operating Activities4.4 B7.3 B5.1 B
Slightly volatile
End Period Cash FlowB3.8 B1.2 B
Slightly volatile
Issuance Of Capital Stock3.8 MM878.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.723.54683.5584
Slightly volatile
Dividend Yield0.03380.0540.0443
Pretty Stable
PTB Ratio2.041.80371.8185
Very volatile
Days Sales Outstanding11110667.9397
Slightly volatile
Book Value Per Share18.9928.692227.6423
Slightly volatile
Invested Capital1.322.14051.65
Pretty Stable
Operating Cash Flow Per Share4.267.07866.0678
Slightly volatile
Average PayablesB1.5 B1.5 B
Very volatile
PB Ratio2.041.80371.8185
Very volatile
EV To Sales4.657.52996.5253
Slightly volatile
ROIC0.0740.0490.0609
Pretty Stable
Inventory Turnover7.928.33218.4685
Slightly volatile
Days Of Inventory On Hand24.4743.807125.3854
Slightly volatile
Payables Turnover2.41.69332.2013
Slightly volatile
Average Inventory245.4 M399.6 M409.5 M
Very volatile
Cash Per Share5.164.91651.6364
Slightly volatile
POCF Ratio6.517.3118.1095
Very volatile
Interest Coverage2.311.73072.8597
Pretty Stable
Days Payables Outstanding155216201
Slightly volatile
EV To Operating Cash Flow12.215.521415.3834
Very volatile
Intangibles To Total Assets0.0880.10020.119
Pretty Stable
Net Debt To EBITDA3.96.85865.3514
Pretty Stable
Current Ratio0.660.96230.6084
Very volatile
Tangible Book Value Per Share13.7725.704918.1167
Slightly volatile
Receivables Turnover3.273.4476.0751
Slightly volatile
Graham Number27.3842.795237.8422
Pretty Stable
Shareholders Equity Per Share18.9928.692227.6423
Slightly volatile
Debt To Equity1.322.14051.65
Pretty Stable
Average Receivables672.5 M1.1 B1.1 B
Very volatile
Revenue Per Share22.5414.591316.5943
Pretty Stable
Interest Debt Per Share67.9964.754450.4121
Slightly volatile
Debt To Assets0.560.50590.5002
Slightly volatile
Enterprise Value Over EBITDA8.4112.965911.3613
Very volatile
Short Term Coverage Ratios1.572.43361.3368
Very volatile
Operating Cycle15715094.7604
Slightly volatile
Price Book Value Ratio2.041.80371.8185
Very volatile
Days Of Payables Outstanding155216201
Slightly volatile
Price To Operating Cash Flows Ratio6.517.3118.1095
Very volatile
Operating Profit Margin0.30.39590.3716
Slightly volatile
Company Equity Multiplier2.614.23083.3125
Very volatile
Long Term Debt To Capitalization0.650.6710.5978
Slightly volatile
Total Debt To Capitalization0.50.68160.6144
Very volatile
Return On Capital Employed0.09390.05260.0698
Pretty Stable
Debt Equity Ratio1.322.14051.65
Pretty Stable
Ebit Per Revenue0.30.39590.3716
Slightly volatile
Quick Ratio0.840.79750.3881
Slightly volatile
Net Income Per E B T0.580.72870.7565
Very volatile
Cash Ratio0.340.32140.1328
Slightly volatile
Operating Cash Flow Sales Ratio0.30.48510.4147
Slightly volatile
Days Of Inventory Outstanding24.4743.807125.3854
Slightly volatile
Days Of Sales Outstanding11110667.9397
Slightly volatile
Cash Flow Coverage Ratios0.150.11530.1357
Slightly volatile
Price To Book Ratio2.041.80371.8185
Very volatile
Fixed Asset Turnover0.320.18650.2901
Slightly volatile
Price Cash Flow Ratio6.517.3118.1095
Very volatile
Enterprise Value Multiple8.4112.965911.3613
Very volatile
Debt Ratio0.560.50590.5002
Slightly volatile
Cash Flow To Debt Ratio0.150.11530.1357
Slightly volatile
Price Sales Ratio3.723.54683.5584
Slightly volatile
Asset Turnover0.110.12020.1921
Slightly volatile
Gross Profit Margin0.530.45560.4243
Slightly volatile
Price Fair Value2.041.80371.8185
Very volatile

TC Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap50.7 B48.3 B44.7 B
Slightly volatile
Enterprise Value103.8 B98.8 B85.2 B
Slightly volatile

TRP Fundamental Market Drivers

Forward Price Earnings11.8343
Cash And Short Term Investments3.8 B

TRP Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
26th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About TC Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include TC Energy income statement, its balance sheet, and the statement of cash flows. TC Energy investors use historical funamental indicators, such as TC Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although TC Energy investors may use each financial statement separately, they are all related. The changes in TC Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TC Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on TC Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TC Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue69 M72.5 M
Total Revenue15 B9.8 B
Cost Of Revenue8.2 B6.3 B
Stock Based Compensation To Revenue(0.41)(0.39)
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.54)(0.57)
Revenue Per Share 14.59  22.54 
Ebit Per Revenue 0.40  0.30 
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.

Currently Active Assets on Macroaxis

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 the analysis of TC Energy Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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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Is TC Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TC Energy. If investors know TRP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
3.72
Earnings Share
2
Revenue Per Share
15.47
Quarterly Revenue Growth
0.672
The market value of TC Energy Corp is measured differently than its book value, which is the value of TRP that is recorded on the company's balance sheet. Investors also form their own opinion of TC Energy's value that differs from its market value or its book value, called intrinsic value, which is TC Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TC Energy's market value can be influenced by many factors that don't directly affect TC Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.