TC Energy (TRP)
Connects North American gas supply with utilities, power markets, industry, and LNG exporters.
$60.90
vs last close+1.12 (+1.87%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,796 | 3,006 | 2,490 | 2,361 | 2,897 | 965 | 2,571 | 2,657 | 2,628 | 2,889 | 3,012 | 2,834 |
| Cost of revenue | 1,518 | 1,564 | 1,210 | 1,245 | 1,590 | 415 | 1,233 | 1,350 | 1,353 | 1,454 | 1,304 | 1,405 |
| Gross profit | 1,278 | 1,442 | 1,280 | 1,116 | 1,307 | 550 | 1,338 | 1,307 | 1,276 | 1,436 | 1,707 | 1,429 |
| 155 | 163 | 139 | 149 | 167 | 87 | 159 | 155 | 153 | 159 | 138 | 161 | |
| Other expenses | 155 | 163 | 139 | 149 | 167 | 87 | 159 | 155 | 153 | 159 | 138 | 161 |
| Operating income | 1,123 | 1,279 | 1,141 | 967 | 1,140 | 463 | 1,179 | 1,152 | 1,123 | 1,277 | 1,569 | 1,268 |
| −1,151 | 16 | −129 | −160 | 280 | 151 | −137 | −202 | −263 | −267 | −570 | −236 | |
| Interest income | 45 | 11 | 53 | 48 | 63 | 218 | 36 | 35 | 33 | 38 | 28 | 21 |
| Interest expense | 497 | 431 | 442 | 425 | 444 | 396 | 420 | 520 | 563 | 617 | 594 | 608 |
| Other non-operating income | 654 | −446 | −313 | −265 | −725 | −547 | −283 | −318 | −300 | −350 | −24 | 0 |
| Income before tax | −28 | 1,294 | 1,012 | 808 | 1,421 | 614 | 1,042 | 950 | 861 | 1,010 | 1,000 | 1,032 |
| Income tax expense | 95 | 148 | 173 | 105 | 249 | 55 | 208 | 239 | 174 | 186 | 181 | 218 |
| Net income from continuing operations | −123 | 1,146 | 839 | 703 | 1,172 | 558 | 834 | 711 | 687 | 823 | 819 | 814 |
| Discontinued operations | 0 | 0 | 153 | 113 | 0 | 0 | 0 | −21 | −145 | 15 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 280 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −123 | 1,055 | 870 | 703 | 1,052 | 709 | 714 | 611 | 452 | 720 | 660 | 721 |
| EPS, basic | −$0.12 | $1.00 | $0.82 | $0.64 | $1.00 | $0.67 | $0.67 | $0.57 | $0.41 | $0.67 | $0.61 | $0.67 |
| EPS, diluted | −$0.12 | $1.00 | $0.82 | $0.66 | $1.00 | $0.67 | $0.67 | $0.57 | $0.41 | $0.67 | $0.61 | $0.67 |
| Weighted average shares, basic | 914 | 1,037 | 1,037 | 1,037 | 1,037 | 1,038 | 1,039 | 1,039 | 1,040 | 1,041 | 1,041 | 1,042 |
| Weighted average shares, diluted | 1,035 | 1,037 | 1,037 | 1,037 | 1,037 | 1,038 | 1,040 | 1,040 | 1,040 | 1,041 | 1,042 | 1,042 |
| EBITDA | 959 | 2,234 | 1,964 | 1,741 | 2,371 | 1,463 | 1,943 | 1,946 | 1,921 | 2,136 | 2,108 | 1,791 |
| Depreciation & amortization | 490 | 509 | 510 | 509 | 506 | 453 | 481 | 476 | 497 | 510 | 514 | 523 |
| EBIT | 470 | 1,725 | 1,454 | 1,233 | 1,865 | 1,010 | 1,462 | 1,470 | 1,423 | 1,627 | 1,594 | 1,268 |