TC Energy (TRP) reported $10.9B in revenue for fiscal 2025, +8.5% year on year. That ranks #484 by revenue among 2853 SEC filers and #29 in Utilities. Net income was $2.5B, a net margin of 23.1%. Revenue has grown 1.6% a year on average since 2016 ($9.5B then). The fiscal 2025 balance sheet shows $86.7B in total assets, $123M in cash and $2.8B in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueC$15.2B | $10.9B | +8.5% | FY20252025-12-31 |
| Gross profit | Not reported | — | |
| Operating incomeC$8.0B | $5.8B | −1.1% | FY20252025-12-31 |
| Net incomeC$3.5B | $2.5B | −26.6% | FY20252025-12-31 |
| Operating cash flowC$7.3B | $5.3B | −6.4% | FY20252025-12-31 |
| Capital expenditureC$7.9B | $5.8B | −36.6% | FY20242024-12-31 |
| Total assetsC$119B | $86.7B | +5.5% | FY20252025-12-31 |
| Shareholders' equityC$27.3B | $19.9B | +4.0% | FY20252025-12-31 |
| CashC$168M | $123M | −78.0% | FY20252025-12-31 |
| Long-term debtLongTermDebt | $2.8B | +40.0% | FY20242024-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Figures are reported under US GAAP in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 11 of 82 companies compared | 23.1% | |
| Operating marginRank 3 of 79 companies compared | 52.7% | |
| Cash as share of revenueRank 51 of 82 companies compared | 1.1% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- TC Energy Corp
- Ticker
- TRP
- Exchange
- NYSE
- SIC classification
- Natural Gas Transmission (4922)
- Fiscal year end
- 12-31
- CIK
- 0001232384
Filings
- 40-FFeb 13, 2026Open filing →
- 40-FFeb 14, 2025Open filing →
- 40-FFeb 16, 2024Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| EntergyETR | $12.9B | $1.8B |
| AesAES | $12.2B | $910M |
| Public Service EnterprisePEG | $12.2B | $2.1B |
| TC EnergyTRP | $10.9B | $2.5B |
| Cheniere Energy PartnersCQP | $10.8B | $3.0B |
| Wec EnergyWEC | $9.8B | $1.6B |
| Waste ConnectionsWCN | $9.5B | $1.1B |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=TC Energy — Key figures |url=https://companiesranked.com/en/company/tc-energy |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). TC Energy — Key figures. CompaniesRanked. https://companiesranked.com/en/company/tc-energyBibTeX
@misc{companiesranked-en-company-tc-energy-2026,
author = {{CompaniesRanked}},
title = {{TC Energy — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/tc-energy}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 40-F · 0001232384-26-000015 · February 13, 2026
{{cite web |title=TC Energy — Key figures — 40-F (0001232384-26-000015) |url=https://www.sec.gov/Archives/edgar/data/1232384/000123238426000015/trp-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.