Operating margin · 2016–2025
TC Energy operating margin
52.7%−8.8% · FY2025
TC Energy (TRP) reported 52.7% in operating margin for fiscal 2025, −8.8% year on year.
| Fiscal year | Operating margin | Change | Filing |
|---|---|---|---|
| FY2025 | 52.7% | −8.8% | Derived |
| FY2024 | 57.8% | +50.5% | Derived |
| FY2023 | 38.4% | +93.0% | Derived |
| FY2022 | 19.9% | −34.4% | Derived |
| FY2021 | 30.3% | −41.8% | Derived |
| FY2020 | 52.1% | +4.9% | Derived |
| FY2019 | 49.7% | +17.9% | Derived |
| FY2018 | 42.1% | +21.0% | Derived |
| FY2017 | 34.8% | +88.9% | Derived |
| FY2016 | 18.4% | — | Derived |
Operating margin — Operating margin is operating income divided by revenue. Only companies with at least $1 billion in revenue are ranked here.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +12.4%
Figures are reported under US GAAP in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.
Calculated from two reported figures, so it has no single filing of its own.
Operating margin at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
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CompaniesRanked. (September 25, 2026). TC Energy operating margin. CompaniesRanked. https://companiesranked.com/en/company/tc-energy/operating-marginBibTeX
@misc{companiesranked-en-company-tc-energy-operating-margin-2026,
author = {{CompaniesRanked}},
title = {{TC Energy operating margin}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/tc-energy/operating-margin}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}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.