Stock Analysis
TC Energy CorporationTRP
Sector: Utilities
AnalystsBuy26 analystsPrice is 57% of the way from the year's low to its high.
PMP Verdict
Insufficient financial data
No financial statements on file for this ticker — fundamental scores are not computed.
Market context
+3.5% today· Z 2.8σ· TRP shares rose following the close of its historic First Nations investment deal for the Coastal GasLink pipeline.
Why is TRP moving?
M&ATRP shares rose following the close of its historic First Nations investment deal for the Coastal GasLink pipeline.
About TC Energy Corporation
TC Energy operates natural gas transmission assets across North America. Show more
Segments are determined by country of operation, but both Canadian and US operations are interconnected. Mexican operations are disconnected from the US and only have one customer, the state utility CFE. They also operate power generation assets, with the largest being the Bruce Power nuclear plant.
Employees: 6,574 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
Valuation
42D+P/E (TTM)—
Price / TTM EPS (own statements)
P/FCF22.4xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.5%C
Grade C: LowInverse of Finnhub P/FCF (own TTM FCF unavailable)
P/S (TTM)5.78xC
Grade C: ExpensivePrice / TTM Revenue (own statements)
EV/EBITDA15.3xB
Grade B: FairEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales9.7xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E21.7xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.53xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio5.99D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield4.05%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio102.4%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
50CROIC—
NOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE13.1%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA3.0%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin22.9%A
Grade A: HighNet Income / Revenue
Operating Margin—
TTM EBIT / TTM Revenue
Gross Margin70.4%A
Grade A: PremiumGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
0ERevenue CAGR—
Compound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
10EAltman Z-Score—
Bankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.61xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.54xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage4.1xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity2.30xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
0EPiotroski F-Score—
Financial strength 0–9. >7 Strong
Beneish M-Score—
Earnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability—
EBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.13xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
0EROIC >12% Years—
Share of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor—
Weakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$2.37
Cash & short-term investments per share (Finnhub)
Book Value / Share$26.64
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.—
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity—
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$64.32B
Current Market Capitalization
Beta-0.25B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Ratio snapshot Oct 17, 2026
Key Insights: TC Energy Corporation (TRP)
TRP is up 3.47% at the last close — TRP shares rose following the close of its historic First Nations investment deal for the Coastal GasLink pipeline..
- The stock currently yields 4.1% in dividends.
See how TRP ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all TRP moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 61.62 | +3.26% | 2.65 |
| Oct 16 | After-hours | 61.74 | +3.47% | 2.81 |
| Oct 15 | Regular | 59.53 | -2.63% | -2.28 |
| Oct 8 | Regular | 60.10 | +1.96% | 2.10 |
Frequently Asked Questions about TRP
What is the current TC Energy Corporation (TRP) stock price?
TRP is trading at $61.74 at the last market close, up 3.47% on the session. PreMarketPrice tracks TRP pre-market, intraday and after-hours prices.
Is TRP stock a buy right now?
PreMarketPrice's quantitative model rates TC Energy Corporation's financial health at 10/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is TRP stock overvalued?
TC Energy Corporation trades at a trailing P/E of n/a and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does TC Energy Corporation report earnings?
No confirmed earnings date is currently scheduled for TRP. The Earnings section lists recent reports and updates as dates are announced.
What sector does TC Energy Corporation operate in?
TC Energy Corporation operates in the Utilities sector. The Related Stocks section lists sector peers for comparison.
What does TC Energy Corporation do?
TC Energy operates natural gas transmission assets across North America.
About TC Energy Corporation (TRP) Stock
TC Energy Corporation (TRP) is a US-listed stock operating in the Utilities sector. As of the latest update, TC Energy Corporation is trading at $61.74, up 3.47% on the day with a market capitalization of $64.3 billion. The financial health score for TRP is 10/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for TRP stock.
TRP Stock Analysis & Key Metrics
On PreMarketPrice, you can track TC Energy Corporation (TRP) across multiple dimensions:
- Pre-market price & movement: Real-time TRP stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for TRP with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for TC Energy Corporation across multiple reporting periods.
- Financial health score: A composite score of 10/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for TRP.
- Sector peers: Compare TRP against 2 other utilities stocks on key financial metrics.
Is TRP a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate TC Energy Corporation (TRP) as an investment. The financial health score of 10/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.TC Energy Corporation (TRP) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.

