TC Energy Corporation (TRP)

NYSE: TRP · Natural Gas Transmission · Calgary Alberta, AB · filing with the SEC since 2003

Grade5.5

◀ Past 6.2● Present 4.7▶ Future 6.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of Canadian dollars (CAD), as filed; per-share figures in Canadian dollars; share counts in millions. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 13, 2026	Feb 14, 2025	Feb 16, 2024	Feb 14, 2023	Feb 15, 2022	Feb 18, 2021	Feb 13, 2020	Feb 14, 2019	Feb 15, 2018	Feb 16, 2017
Revenue	15,239	13,771	13,267^r	12,309^r	13,387	12,999	13,255	13,679	13,449	12,547
For lenders
Provision for credit losses	83	-22	-83	163	0	0	·	·	·	·
Cost of revenue	208	217	80^r	22^r	87	0	365^r	1,486^r	2,382	2,172
Total costs and expenses	8,477	7,985	7,380^r	7,810^r	10,256	7,195	7,469	8,799	10,169	9,915^r
Operating income	8,036	7,964	5,097^r	2,450^r	4,059	6,773	6,585	5,764	4,684	2,313
Interest expense	3,407	3,019	2,966	2,300	2,360	2,228	2,333	2,265	2,069	1,998
Interest income (expense), net	-2,592	-2,058	-1,799^r	-1,976^r	-1,893	-1,666	-1,398	-1,815	-1,378	-1,476
Share of profit of equity-method investments	1,274	1,558	1,310^r	999^r	898	1,019	920	714	773	514
Other income (expense), net	205	324	272^r	140^r	190^r	185^r	460	-76	184	103
Income before income taxes	5,444	5,906	3,298^r	474^r	2,166	5,107	5,187	3,949	3,306	837
Income tax expense	1,138	922	842^r	322^r	120	194	754	432	-89	352
Income from continuing operations	3,731	4,303	2,310	115	·	·	·	·	·	·
Income from discontinued operations	-212	395	612	633	·	·	·	·	·	·
Net income including non-controlling interests	4,094	5,379	3,068	785	2,046	4,913	4,433	3,517	3,395	485
Net income to non-controlling interests	575	681	146	37	91	297	293	-185	238	252
Net income	3,519	4,698	2,922	748	1,955	4,616	4,140	3,702	3,157	233
Preferred dividends	119	104	93	107	140	159	164	163	160	109
Net income to common shareholders	3,400	4,594	2,829	641	1,815	4,457	3,976	3,539	2,997	124
Earnings per share, basic	3.27	4.43	2.75	0.64	1.87	4.74	4.28	3.92	3.44	0.16
Earnings per share, diluted	3.27	4.43	2.75	0.64	1.86	4.74	4.27	3.92	3.43	0.16
Weighted average shares, basic	1,040	1,038	1,030	995	973	940	929	902	872	759
Weighted average shares, diluted	1,040	1,038	1,030	996	974	940	931	903	874	760

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:Revenues
us-gaap:SalesRevenueNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton TRP · research, not advice