TC Energy Corp (TRP) stock

TRPNYSENatural Gas TransmissionFiscal year ends December 31Also trades as TCANF, TCENF, TCEYF, TNCAF, TRPEF, TRPPF, TRPRF

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 13, 2026Score 9/30

$64.33+1.21 (+1.92%)

Close on Oct 29, 2026Market cap $66.96BP/E 27.5Yield 3.78%

Earnings

TC Energy's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

–

Not yet scheduled

Revenue, Q4 FY2025

C$4.17B

+16.5% on a year earlier

Comparable earnings per common share, Q4 FY2025

0.98 CAD

1.05 CAD a year earlier

Latest guidance

Issued

Feb 13, 2026 · 3 items

Quarterly results

Revenue and earnings per share from each of TC Energy's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q4 FY2025ended Dec 31, 2025	Feb 13, 2026before the open	C$4.17B	+16.5%	0.92 CAD	0.98 CAD	Release
Q4 FY2024ended Dec 31, 2024	Feb 14, 2025before the open	C$3.58B	-15.6%	1.03 CAD	1.05 CAD	Release
Q4 FY2023ended Dec 31, 2023	Feb 16, 2024before the open	C$4.24B	–	1.41 CAD	1.35 CAD	Release
Q4 FY2022ended Dec 31, 2022	Jan 25, 2023after the close	–	–	–	–	Release
Q4 FY2021ended Dec 31, 2021	Jan 27, 2022after the close	–	–	–	–	Release
Q4 FY2019ended Dec 31, 2019	Feb 13, 2020before the open	–	–	–	–	Release
Q4 FY2018ended Dec 31, 2018	Jan 24, 2019after the close	–	–	–	–	Release
Q4 FY2017ended Dec 31, 2017	Feb 15, 2018before the open	–	–	–	–	Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

TC Energy's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Comparable EBITDAnon-GAAP	FY2025	C$10.70B – C$10.90B	–	New	Feb 14, 2025
Capital expenditures	FY2025	C$6.10B – C$6.60B	–	New	Feb 14, 2025
net capital expendituresnon-GAAP	FY2025	C$5.50B – C$6.00B	–	New	Feb 14, 2025
Comparable EBITDAnon-GAAP	FY2026	C$11.60B – C$11.80B	–	New	Feb 13, 2026
Capital expendituresGAAP	FY2026	C$6.00B – C$6.50B	–	New	Feb 13, 2026
net capital expendituresnon-GAAP	FY2026	C$5.50B – C$6.00B	–	New	Feb 13, 2026

Guidance history

Every forecast TC Energy put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Feb 13, 2026	Capital expenditures	FY2026	C$6.00B – C$6.50B	New
Feb 13, 2026	net capital expenditures	FY2026	C$5.50B – C$6.00B	New
Feb 13, 2026	Comparable EBITDA	FY2026	C$11.60B – C$11.80B	New
Feb 14, 2025	Capital expenditures	FY2025	C$6.10B – C$6.60B	New
Feb 14, 2025	net capital expenditures	FY2025	C$5.50B – C$6.00B	New
Feb 14, 2025	Comparable EBITDA	FY2025	C$10.70B – C$10.90B	New
Feb 16, 2024	capital expenditures	FY2024	C$8.50B – C$9.00B	New
Feb 16, 2024	net capital expenditures	FY2024	C$8.00B – C$8.50B	New
Feb 16, 2024	Comparable EBITDA	FY2024	C$11.20B – C$11.50B	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.