TRP
TC Energy Corp
$67.37
▲ 1.4%Updated Today 12:11 PM ET
TRP at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 47/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 39.9% over the last 12 months
Market Cap
$69.14B
P/E
27.36x
Forward P/E (est.)
35.7x
ROE
12.5%
Revenue Growth
17.7%
EPS Growth
-23.4%
Profit Margin
22.2%
FCF Yield
3.9%
Debt / Equity
2.21x
ROIC
21.0%
Interest Coverage
2.46x
Current Ratio
0.63x
Dividend Yield
3.7%
Implied Growth (rev. DCF)
—
Rating Score
47/100
TC Energy Corp (TRP) is a large-cap company in the Energy industry, part of the Energy sector of the S&P 500, with a market value around $69.14B.
In its latest reported year it generated about $15.24B in revenue and $3.52B in net profit.
Our model rates TRP Neutral (47/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what TRP's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. TRP trades near $67.37, around its 50-day average ($67.37) and 200-day average ($59.63). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 40 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. TRP's is $1.48 (~2.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month TRP found buyers near $65.00 (support) and sellers near $70.57 (resistance); its 52-week range is $46.29–$71.47. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.4× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
3.3%
Revenue moved from $12.55B in 2016 to $15.24B in 2025, a 2.2% compound annual growth rate. The most recent year grew a strong 17.7% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
70.0%
Operating Margin
52.7%
Net Margin
23.1%
ROE
12.5%
TC Energy Corp keeps about 22.2% of each sales dollar as net profit, with a 70.0% gross margin and 52.7% operating margin. Return on equity is 12.5% and return on invested capital about 21.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$2.80B
Net Debt
$2.63B
Net Debt / EBITDA
0.33x
Debt / Equity
2.21x
Leverage: debt-to-equity is 2.2x, and operating profit covers interest about 2.5x, with a current ratio of 0.6x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $2.80B of total debt against $168.00M of cash.
Operating CF
$7.35B
Free Cash Flow
$7.35B
FCF Margin
48.2%
In the latest year TC Energy Corp produced about $7.35B of operating cash flow and $7.35B of free cash flow after capital spending. That is a free-cash-flow yield of about 3.9% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
27.36x
P/S
6.18x
P/B
2.93x
EV / EBITDA
6.64x
TRP trades at 27.4x trailing earnings (about 35.7x on estimated forward earnings), 6.2x sales, and 2.9x book value. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $67.37 today · expected CAGR 13% – 25%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $17.98B | $21.22B | $25.04B | $29.55B | $34.86B |
| Net income | $4.14B | $4.88B | $5.76B | $6.80B | $8.02B |
| EPS | $3.97 | $4.69 | $5.53 | $6.53 | $7.70 |
| Share price (low) | $63.58 | $75.02 | $88.53 | $104.46 | $123.26 |
| Share price (high) | $107.29 | $126.60 | $149.39 | $176.28 | $208.01 |
| CAGR (low–high) | -6% / 59% | 6% / 37% | 10% / 30% | 12% / 27% | 13% / 25% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for TRP:
- Revenue is growing 17.7% a year, a sign of real demand.
- High net margins (22.2%) point to pricing power or efficiency.
- Pays a 3.7% dividend on top of any price gains.
The case against TRP:
- Elevated leverage (debt/equity 2.2x) adds financial risk.
- Interest coverage is thin (2.5x), so debt costs bite.
Balance-sheet risk — debt/equity of 2.2x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: TC Energy Corp is a large-cap energy business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 27.4x earnings, which our model scores Neutral (47/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
TRP — frequently asked questions
Is TRP a good stock to buy?
We don't give buy or sell advice. Our model rates TC Energy Corp Neutral (47/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is TRP's rating on The Stocks School?
TC Energy Corp currently scores 47/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does TRP's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from TC Energy Corp's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for TRP calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this TRP analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell TRP. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.