TC Energy (TRP)
Connects North American gas supply with utilities, power markets, industry, and LNG exporters.
$60.69
vs last close+0.91 (+1.52%)
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 | 2,794 | 3,004 | 2,489 | 2,360 | 2,896 | 965 | 2,570 | 2,655 | 2,627 | 2,888 | 3,010 | 2,833 |
| Cost of revenue | 1,517 | 1,563 | 1,209 | 1,244 | 1,589 | 415 | 1,233 | 1,349 | 1,352 | 1,453 | 1,303 | 1,404 |
| Gross profit | 1,277 | 1,441 | 1,279 | 1,116 | 1,306 | 550 | 1,337 | 1,306 | 1,275 | 1,435 | 1,707 | 1,428 |
| 155 | 163 | 139 | 149 | 167 | 87 | 159 | 155 | 152 | 159 | 138 | 161 | |
| Other expenses | 155 | 163 | 139 | 149 | 167 | 87 | 159 | 155 | 152 | 159 | 138 | 161 |
| Operating income | 1,123 | 1,278 | 1,140 | 967 | 1,140 | 462 | 1,178 | 1,152 | 1,123 | 1,276 | 1,569 | 1,267 |
| −1,150 | 16 | −129 | −160 | 280 | 151 | −137 | −202 | −262 | −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 | 562 | 617 | 594 | 607 |
| Other non-operating income | 653 | −446 | −313 | −265 | −724 | −547 | −283 | −318 | −300 | −349 | −24 | 0 |
| Income before tax | −28 | 1,294 | 1,011 | 807 | 1,420 | 614 | 1,041 | 950 | 860 | 1,009 | 999 | 1,031 |
| Income tax expense | 95 | 148 | 173 | 105 | 249 | 55 | 208 | 239 | 174 | 186 | 181 | 218 |
| Net income from continuing operations | −123 | 1,145 | 838 | 702 | 1,171 | 558 | 833 | 711 | 687 | 823 | 818 | 813 |
| Discontinued operations | 0 | 0 | 152 | 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 | 702 | 1,052 | 709 | 714 | 611 | 452 | 719 | 659 | 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 | 2,233 | 1,963 | 1,741 | 2,370 | 1,462 | 1,942 | 1,945 | 1,920 | 2,135 | 2,107 | 1,790 |
| Depreciation & amortization | 489 | 509 | 510 | 509 | 506 | 453 | 481 | 476 | 497 | 510 | 514 | 523 |
| EBIT | 470 | 1,724 | 1,453 | 1,232 | 1,864 | 1,009 | 1,461 | 1,470 | 1,423 | 1,626 | 1,593 | 1,267 |