Stock AnalizTC Energy Corp. TRP
Natural Gas Distribution · data as of November 13, 2026
TC Energy Corp. (TRP) is a utility company listed in the US with a market value of about $64.8B. In the twelve months to September 30, 2026 it had revenue of $11.2B and net income of $2.7B, a net margin of 24.3%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (1/5).
Key numbers: a P/E of 24.7, a price to free cash flow of 23.2, 5-year revenue growth of 2% a year, a 5-year average ROIC of 6%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 42% below the current price.
Score: 1.6 / 5
Checks passed
- P/E below 25
- Revenue growth above 10% last year
- Profitable 5 years in a row
- Positive free cash flow
- Pays a dividend
- 20% to 100% of free cash flow returned to shareholders
- Dividend 3 years in a row
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.2B | $11.1B | $9.6B | $10.0B | $9.1B | $10.5B | $10.2B | $10.2B | $10.0B | $10.7B | $9.3B |
| Net income | $2.7B | $2.6B | $3.3B | $2.2B | $553M | $1.5B | $3.6B | $3.2B | $2.7B | $2.5B | $173M |
| Free cash flow | $2.8B | $1.5B | -$145M | -$3.8B | -$1.9B | -$192M | -$1.4B | -$302M | -$2.1B | -$1.7B | $46M |
| EPS (diluted) | $2.62 | $2.57 | $3.27 | $2.21 | $0.55 | $1.54 | $3.62 | $3.19 | $2.72 | $2.52 | $0.17 |
| Net margin | 24.3% | 23.1% | 34.1% | 22.0% | 6.1% | 14.6% | 35.5% | 31.2% | 27.1% | 23.5% | 1.9% |
| ROIC | — | 8.5% | 8.8% | 4.6% | 2.5% | 5.3% | 9.5% | 8.2% | 7.4% | 6.2% | 2.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is TC Energy’s P/E ratio?
About 24.7, based on the last twelve months of diluted earnings per share (forward P/E about 22.9).
Is TC Energy stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 42% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does TC Energy pay a dividend?
Yes. The dividend yield is about 3.85%, and it has paid dividends for 10 years in our data.
Is TC Energy a good stock to buy?
We do not give buy or sell advice. TC Energy scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.