TC Energy

TRP · TSX · CAD

$83.87Change from previous close: +1.80%Absolute change: +$1.48

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$87.27B
Enterprise value
$155.73B
P/E (trailing 12 months)
23.9
Forward P/E
21.4
PEG
2.97
Price/book
3.45
Price/sales
5.56
EV/EBITDA
15.7
EV/revenue
9.93

Profitability and growth

Gross margin
69.5%
Operating margin
44.3%
Net margin
22.9%
ROE
11.8%
ROA
3.7%
Revenue growth (year over year)
5.7%
Earnings growth (year over year)
18.3%

Financial health

Total cash
$2.48B
Total debt
$63.85B
Debt/equity
1.70
Current ratio
0.61
Quick ratio
0.41

Dividends

Annual dividend per share
$3.51
Dividend yield
4.3%
Payout ratio
98.4%
Ex-dividend date
September 29, 2026

Analysts and estimates

Average price target
$99.78
Median price target
$102.00
High price target
$109.00
Low price target
$78.00
Analysts with a price target
23
Consensus
Buy
Forward EPS
$3.92
EPS estimate, current year
$3.74

Shares and trading

Beta
0.95
Average volume
4.45M
Shares outstanding
1.04B
Float
998.36M
Institutional ownership
71.9%
Insider ownership
0.0%
Short ratio (days)
3.53