TCPANYSENatural Gas TransmissionFiscal year ends December 31
TRANSCANADA PIPELINES LTD
Financials through fiscal 2017, year ended Dec 31, 2017Last filing: 40-F on Feb 13, 2026
$19.66+0.02 (+0.10%)
Close on Oct 19, 2026
Transcanada Pipelines statistics
Financials through Dec 31, 2017, price-based ratios appear once a share price is available, median of Natural Gas Transmission companies for comparison
Valuation
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Market Cap | C$24.46B | C$24.46B |
| Enterprise Value | C$60.00B | C$50.51B |
| PS Ratio | 1.82 | 3.27 |
| PB Ratio | 1.09 | 2.52 |
| P/TBV Ratio | 3.09 | 3.42 |
| P/OCF Ratio | 4.74 | 11.82 |
Enterprise value
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| EV / Sales | 4.46 | 5.13 |
| EV / EBITDA | 8.90 | 13.11 |
| EV / EBIT | 12.81 | 22.38 |
Income (trailing twelve months)
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Revenue | C$13.45B | C$9.04B |
| Operating Income | C$4.68B | C$2.87B |
| Pretax Income | C$3.24B | C$1.57B |
| Net Income | C$3.11B | |
| EBITDA | C$6.74B | C$4.41B |
Margins
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Operating Margin | 34.8% | 26.7% |
| Pretax Margin | 24.1% | 17.3% |
| Profit Margin | 23.1% | |
| EBITDA Margin | 50.1% | 41.4% |
| FCF Margin | -16.5% | -15.4% |
Returns
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Return on Equity (ROE) | 14.0% | |
| Return on Assets (ROA) | 3.57% | |
| Return on Invested Capital (ROIC) | 8.00% | 5.92% |
| Return on Capital Employed (ROCE) | 6.36% | 5.69% |
Growth
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 7.19% | 7.19% |
| Net Income Growth (YoY) | 867.6% | |
| FCF Growth (YoY) | -1590.6% | |
| Revenue Growth (3Y CAGR) | 9.71% | 4.97% |
Balance sheet
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Cash & Short-Term Investments | C$1.04B | C$349.00M |
| Total Debt | C$34.74B | C$19.12B |
| Net Cash (Debt) | -C$33.70B | -C$18.57B |
| Net Cash Per Share | -38.65 CAD | -30.96 CAD |
| Equity (Book Value) | C$22.42B | C$13.38B |
| Book Value Per Share | 25.71 CAD | 25.71 CAD |
| Tangible Book Value | C$7.91B | C$7.91B |
| Working Capital | -C$7.76B | -C$2.24B |
Financial position
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Current Ratio | 0.37 | 0.61 |
| Quick Ratio | 0.29 | 0.30 |
| Debt / Equity | 1.55 | 1.51 |
| Debt / EBITDA | 5.16 | 5.56 |
| Net Debt / EBITDA | 5.00 | 5.40 |
| Interest Coverage | 2.19 | 2.04 |
Cash flow (trailing twelve months)
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Operating Cash Flow | C$5.16B | C$2.70B |
| Capital Expenditures | -C$7.38B | -C$3.53B |
| Free Cash Flow | -C$2.22B | -C$1.73B |
| FCF Per Share | -2.55 CAD | -2.55 CAD |
Efficiency
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Asset Turnover | 0.15 | 0.20 |
| Revenue Per Employee | C$3.18M | |
| Profits Per Employee | C$734.28K | |
| Employee Count | 4,230 |
Dividends and yields
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Earnings Yield | 12.7% | |
| FCF Yield | -9.08% | -4.73% |
| Buyback Yield | -3.19% | -0.13% |
| Shareholder Yield | -3.19% | 3.05% |
| Payout Ratio | 68.3% |
Shares
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Shares Outstanding | 871,761,000 | 507,340,000 |
| Float | 871,761,000 | 507,325,000 |
| Shares Held by Insiders | 0.00% | 0.00% |
Taxes
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Income Tax | -C$107.00M | C$81.00M |
| Effective Tax Rate | -3.31% | 10.4% |
Scores
| Measure | Transcanada Pipelines | Industry median |
|---|---|---|
| Altman Z-Score | 0.50 | 0.81 |
| Piotroski F-Score | 5 |
Calculated by StockData from Transcanada Pipelines's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.