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TC Energy stock: growth
TRPTC Energy reported $10.66B in revenue for fiscal 2025, up 10.3% on the prior year, up 3.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
3.8%
per year from 2006 to 2025, per share −0.3%
Earnings (Annual rate)
6.4%
per year from 2006 to 2025, per share 2.1%
Free cash flow (Annual rate)
7.7%
per year from 2006 to 2025, per share 3.5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 3.2% | 3.0% | 3.8% |
| Revenue per share | 1.1% | −1.7% | −0.3% |
| Earnings | −5.3% | no data | 6.4% |
| Earnings per share | −7.2% | no data | 2.1% |
| Free cash flow | no data | no data | 7.7% |
| Free cash flow per share | no data | no data | 3.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $5.28B | $757.09M | $353.2M |
| 2007 | $6.2B | $858.32M | $832.23M |
| 2008 | $6.05B | $1.01B | −$206.33M |
| 2009 | $6.29B | $968.51M | −$1.7B |
| 2010 | $4.81B | $896.92M | −$1.37B |
| 2011 | $5.5B | $1.11B | $823.23M |
| 2012 | $5.62B | $950.26M | $682.87M |
| 2013 | $6.17B | $1.25B | −$756.56M |
| 2014 | $7.15B | $1.29B | −$77.9M |
| 2015 | $7.93B | −$804.28M | −$31.58M |
| 2016 | $8.78B | $163.52M | −$163.52M |
| 2017 | $9.44B | $2.22B | −$1.61B |
| 2018 | $9.6B | $2.6B | −$2.36B |
| 2019 | $9.3B | $2.91B | −$772M |
| 2020 | $9.12B | $3.24B | −$755.86M |
| 2021 | $9.4B | $1.37B | $677.96M |
| 2022 | $8.64B | $524.96M | −$247.04M |
| 2023 | $9.31B | $2.05B | −$618.3M |
| 2024 | $9.66B | $3.3B | $939.03M |
| 2025 | $10.66B | $2.47B | $1.45B |
Revenue by region
Where TC Energy Corporation generates its revenue.
- United States47%
- Canada Domestic37%
- Canada Export6%
- Other9%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| United States | $4.47B | $5.06B | 47.4% |
| Canada Domestic | $3.92B | $3.94B | 37% |
| Canada Export | $668.83M | $679.36M | 6.4% |
| Other | $610.58M | $981.57M | 9.2% |
| Total revenue | $9.66B | $10.66B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.