TC Energy Corp (TCANF) stock
TCANFOTCNatural Gas TransmissionFiscal year ends December 31Also trades as TCENF, TCEYF, TNCAF, TRP, TRPEF, TRPPF, TRPRF
$14.96+0.00 (0.00%)
Close on Oct 19, 2026Market cap $66.96BP/E 27.5Yield 3.78%
TC Energy operating margin
Operating margin is operating income as a percentage of revenue.
For fiscal 2025 it was 52.7%, against 57.8% the year before. The highest annual figure on record is 57.8% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 52.7% | −5.1 |
| FY2024 | Dec 31, 2024 | 57.8% | +19.4 |
| FY2023 | Dec 31, 2023 | 38.4% | +18.5 |
| FY2022 | Dec 31, 2022 | 19.9% | −10.4 |
| FY2021 | Dec 31, 2021 | 30.3% | −21.8 |
| FY2020 | Dec 31, 2020 | 52.1% | +2.4 |
| FY2019 | Dec 31, 2019 | 49.7% | +7.5 |
| FY2018 | Dec 31, 2018 | 42.1% | +7.3 |
| FY2017 | Dec 31, 2017 | 34.8% | +16.4 |
| FY2016 | Dec 31, 2016 | 18.4% | +17.5 |
| FY2015 | Dec 31, 2015 | 0.9% | −37.7 |
| FY2014 | Dec 31, 2014 | 38.6% | −0.9 |
| FY2013 | Dec 31, 2013 | 39.5% | +4.1 |
| FY2012 | Dec 31, 2012 | 35.3% | −5.1 |
| FY2011 | Dec 31, 2011 | 40.4% | +5.6 |
| FY2010 | Dec 31, 2010 | 34.8% | – |