TC Energy Corporation
TRPEnergyNASDAQOil & Gas Midstream · Last scanned Jul 17, 2026
Scan Results
Daily timeframePart of the energy sector, TC Energy Corporation (TRP) is listed under Oil & Gas Midstream. With a market capitalization of $72.82B, it sits in large-cap territory. It operates through four segments: Canadian Natural Gas Pipelines; U.S.
Market Cap
$72.82B
Beta
0.98
P/E (TTM)
28.88
P/E (Fwd)
25.47
EPS (TTM)
$2.42
EPS (Fwd)
$2.74
ROE
11.3%
ROA
3.6%
Cash
$1.53B
Total Debt
$61.87B
Free CF
$267.3M
52W Change
46.5%
Annual Financials
Cash vs Debt
TC Energy Corporation carries $61.87B in total debt against $1.53B in cash reserves — debt is roughly 40.4x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $267.2M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 11.3%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $12.31B (2022) to $15.24B (2025), reflecting a 24% increase over the period.
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing TRP.