# TC Energy Corp: overview

TRP · NYSE · CIK 1232384 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/trp.md) · [Financials](/companies/trp/financials.md) · [Filings](/companies/trp/filings.md) · [Insiders](/companies/trp/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [13.0](/filings/0001232384-24-000015.md) | [12.1](/filings/0001232384-25-000018.md) | [12.5](/filings/0001232384-25-000018.md) | [13.1](/filings/0001232384-25-000018.md) | [15.2](/filings/0001232384-26-000015.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [31.3%](/filings/0001232384-24-000015.md) | [20.2%](/filings/0001232384-25-000018.md) | [40.7%](/filings/0001232384-26-000015.md) | [61.0%](/filings/0001232384-26-000015.md) | [52.7%](/filings/0001232384-26-000015.md) |
| Net margin | % | [15.1%](/filings/0001232384-24-000015.md) | [6.2%](/filings/0001232384-25-000018.md) | [23.4%](/filings/0001232384-26-000015.md) | [36.0%](/filings/0001232384-26-000015.md) | [23.1%](/filings/0001232384-26-000015.md) |
| Diluted EPS | $ per share | [1.86](/filings/0001232384-24-000015.md) | [0.64](/filings/0001232384-25-000018.md) | [2.75](/filings/0001232384-26-000015.md) | [4.43](/filings/0001232384-26-000015.md) | [3.27](/filings/0001232384-26-000015.md) |
| Free cash flow | $bn | [(0.2)](/filings/0001232384-24-000015.md) | [(2.6)](/filings/0001232384-25-000018.md) | [(5.0)](/filings/0001232384-26-000015.md) | [(0.2)](/filings/0001232384-26-000015.md) | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/trp/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ROYAL BANK OF CANADA](/funds/1000275.md) | 2026-06-30 | $5.26bn | 79,403,845 |  | Reduced −9,702,338 |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $2.88bn | 43,524,159 |  | Reduced −1,323,129 |
| [BANK OF MONTREAL /CAN/](/funds/927971.md) | 2026-06-30 | $2.47bn | 37,261,213 |  | Reduced −17,057,962 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.98bn | 29,943,371 |  | Added +441,156 |
| [FIL Ltd](/funds/318989.md) | 2026-06-30 | $1.85bn | 27,885,160 |  | Added +877,310 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $1.40bn | 21,169,476 |  | Added +5,094,579 |
| [1832 Asset Management L.P.](/funds/944388.md) | 2026-06-30 | $1.36bn | 20,499,907 |  | Reduced −1,538,129 |
| [CANADA PENSION PLAN INVESTMENT BOARD](/funds/1283718.md) | 2026-06-30 | $1.15bn | 17,356,583 |  | Reduced −162,866 |
| [MACKENZIE FINANCIAL CORP](/funds/919859.md) | 2026-06-30 | $1.15bn | 12,194,884 |  | Reduced −579,948 |
| [GQG Partners LLC](/funds/1697233.md) | 2026-06-30 | $1.11bn | 16,736,302 |  | Reduced −210,268 |

## Recent filings

[All 799 filings](/companies/trp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-19 | 21:38 ET | [6-K](/filings/0001232384-26-000057.md) | Report of a foreign private issuer, period 2026-10-16 | 0001232384-26-000057 |
| 2026-10-13 | 21:25 ET | [6-K](/filings/0001232384-26-000055.md) | Report of a foreign private issuer, period 2026-10-13 | 0001232384-26-000055 |
| 2026-09-29 | 17:04 ET | [6-K](/filings/0001232384-26-000050.md) | Report of a foreign private issuer, period 2026-09-29 | 0001232384-26-000050 |
| 2026-09-22 | 23:48 ET | [6-K](/filings/0001232384-26-000047.md) | Report of a foreign private issuer, period 2026-09-21 | 0001232384-26-000047 |
| 2026-07-10 | 14:40 ET | [6-K](/filings/0001232384-26-000041.md) | Report of a foreign private issuer, period 2026-07-09 | 0001232384-26-000041 |
| 2026-05-07 | 21:04 ET | [6-K](/filings/0001232384-26-000032.md) | Report of a foreign private issuer, period 2026-05-07 | 0001232384-26-000032 |
| 2026-04-13 | 21:38 ET | [6-K](/filings/0001232384-26-000025.md) | Report of a foreign private issuer, period 2026-04-10 | 0001232384-26-000025 |
| 2026-03-20 | 15:38 ET | [6-K](/filings/0001232384-26-000024.md) | Report of a foreign private issuer, period 2026-03-20 | 0001232384-26-000024 |
| 2026-03-10 | 20:37 ET | [6-K](/filings/0001232384-26-000018.md) | Report of a foreign private issuer, period 2026-03-10 | 0001232384-26-000018 |
| 2026-02-13 | 12:55 ET | [6-K](/filings/0001232384-26-000016.md) | Report of a foreign private issuer, period 2026-02-13 | 0001232384-26-000016 |

## Latest annual report

[Form 40-F for the fiscal year ended Dec 31, 2017](/filings/0001232384-18-000017.md), filed Feb 15, 2018.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1232384
- Tickers: TRP, TNCAF, TCANF, TCENF, TCEYF, TRPEF, TRPPF, TRPRF
- Exchange: NYSE
- SIC code: 4922 Natural Gas Transmission
- State of incorporation: A0
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:35 ET. No prices; not investment advice.
