Is a complete TSX/TRP research report available?

No complete published report is available for tsx/TRP (TSX/TRP) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/TRP (TSX/TRP)

Toronto Stock Exchange: TSX/TRP · CAD

CA$88.8

+0.55 (+0.6%)· Recorded snapshot

Market cap	92.6B
Revenue (ttm)	15.7B
Net income (ttm)	3.5B
EPS (ttm)	CA$3.33
Shares out	1B
P/E (trailing)	26.6x
P/E (forward)	23.4x
Dividend	CA$3.51 (3.95%)
Volume	1,284,500
Beta	0.98

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-05
Employees	6,574
Employees change	-94
Employees growth	-1.41%
Enterprise value	CAD 165.9B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1951
Industry	Oil & Gas Midstream
Is primary listing	Yes
ISIN number	CA87807B1076
Last earnings date	2026-07-30
Last refreshed	2026-10-28
Market cap	CAD 92.6B
Next earnings date	2026-11-05
Price	CAD 88.82
Price currency	CAD
Sector	Energy
SIC code	4922
Stock price date	2026-10-28
Symbol	tsx/TRP
Website	https://www.tcenergy.com

Metric

Value

Amount currency

CAD

Country

Canada

Country code

Earnings date

2026-11-05

Employees

6,574

Employees change

-94

Employees growth

-1.41%

Enterprise value

CAD 165.9B

Exchange

Toronto Stock Exchange

Financial currency

CAD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1951

Industry

Oil & Gas Midstream

Is primary listing

Yes

ISIN number

CA87807B1076

Last earnings date

2026-07-30

Last refreshed

2026-10-28

Market cap

CAD 92.6B

Next earnings date

2026-11-05

Price

CAD 88.82

Price currency

CAD

Sector

Energy

SIC code

4922

Stock price date

2026-10-28

Symbol

tsx/TRP

Website

https://www.tcenergy.com

Metric	Value
Adjusted P/E ratio	24.14x
Average P/E ratio (10Y)	36.08x
Average P/E ratio (3Y)	19.82x
Average P/E ratio (5Y)	27.31x
Earnings yield	3.75%
EV/Earnings	47.57x
EV/EBIT	19.54x
EV/EBITDA	14.44x
EV/FCF	40.73x
EV/Sales	10.54x
FCF / EV yield	2.46%
FCF yield	4.41%
Forward P/E	23.36x
Graham number	42.85137
Graham upside	-51.92%
Industry forward P/E	22.32x
Industry P/E	26.63x
Lynch fair value	CAD 41.00
Lynch upside	-54%
P/B ratio	2.45x
P/E ratio	26.64x
P/FCF ratio	22.66x
P/OCF ratio	10.65x
P/S ratio	5.86x
PEG ratio	4.29x
Price / tangible book value	7.65x
Price/EBITDA ratio	9.25x
Sector forward P/E	13.88x
Sector P/E	21.73x

Metric

Value

Adjusted P/E ratio

24.14x

Average P/E ratio (10Y)

36.08x

Average P/E ratio (3Y)

19.82x

Average P/E ratio (5Y)

27.31x

Earnings yield

3.75%

EV/Earnings

47.57x

EV/EBIT

19.54x

EV/EBITDA

14.44x

EV/FCF

40.73x

EV/Sales

10.54x

FCF / EV yield

2.46%

FCF yield

4.41%

Forward P/E

23.36x

Graham number

42.85137

Graham upside

-51.92%

Industry forward P/E

22.32x

Industry P/E

26.63x

Lynch fair value

CAD 41.00

Lynch upside

-54%

P/B ratio

2.45x

P/E ratio

26.64x

P/FCF ratio

22.66x

P/OCF ratio

10.65x

P/S ratio

5.86x

PEG ratio

4.29x

Price / tangible book value

7.65x

Price/EBITDA ratio

9.25x

Sector forward P/E

13.88x

Sector P/E

21.73x

Metric	Value
EBIT margin	45.01%
EBITDA margin	63.37%
Effective tax rate	19.45%
FCF margin	25.87%
Gross margin	69.53%
Operating margin	45.01%
Pretax margin	35.02%
Profit margin	22.91%
Profit per employee	CAD 528,598
Profitable quarters	11
Profitable years	10
Revenue per employee	CAD 2.4M
ROA	3.67%
ROA (5Y)	3.32%
ROCE	6.36%
ROE	11.83%
ROE (5Y)	7.52%
ROIC	5.79%
ROIC (5Y)	4.89%
Tax / revenue	6.81%

Metric

Value

EBIT margin

45.01%

EBITDA margin

63.37%

Effective tax rate

19.45%

FCF margin

25.87%

Gross margin

69.53%

Operating margin

45.01%

Pretax margin

35.02%

Profit margin

22.91%

Profit per employee

CAD 528,598

Profitable quarters

Profitable years

Revenue per employee

CAD 2.4M

ROA

3.67%

ROA (5Y)

3.32%

ROCE

6.36%

ROE

11.83%

ROE (5Y)

7.52%

ROIC

5.79%

ROIC (5Y)

4.89%

Tax / revenue

6.81%

Metric	Value
EPS growth	-18.24%
EPS growth (Q)	18.26%
EPS growth (QoQ)	10.14%
EPS growth 3Y	52.5%
EPS growth 5Y	10.3%
EPS growth quarters	1
EPS growth years	0
FCF growth	182.07%
FCF growth (Q)	25.05%
FCF growth (QoQ)	-13.47%
FCF growth 5Y	80.31%
Gross profit growth	12.66%
Gross profit growth (Q)	8.04%
Gross profit growth 3Y	2.12%
Gross profit growth 5Y	3.25%
Net income growth	-17.34%
Net income growth (Q)	18%
Net income growth (QoQ)	9.79%
Net income growth 3Y	53.7%
Net income growth 5Y	12.3%
Net income growth quarters	1
Net income growth years	0
OCF growth	14.65%
OCF growth (Q)	2.03%
OCF growth (QoQ)	-14.83%
OCF growth 10Y	5.86%
OCF growth 3Y	5.71%
OCF growth 5Y	3.99%
Operating income growth	15.77%
Operating income growth (Q)	7.82%
Operating income growth 3Y	2.14%
Operating income growth 5Y	3.88%
Revenue growth	9.71%
Revenue growth (Q)	5.69%
Revenue growth (QoQ)	2.49%
Revenue growth 10Y	3.57%
Revenue growth 3Y	0.2%
Revenue growth 5Y	3.75%
Revenue growth quarters	3
Revenue growth years	3

Metric

Value

EPS growth

-18.24%

EPS growth (Q)

18.26%

EPS growth (QoQ)

10.14%

EPS growth 3Y

52.5%

EPS growth 5Y

10.3%

EPS growth quarters

EPS growth years

FCF growth

182.07%

FCF growth (Q)

25.05%

FCF growth (QoQ)

-13.47%

FCF growth 5Y

80.31%

Gross profit growth

12.66%

Gross profit growth (Q)

8.04%

Gross profit growth 3Y

2.12%

Gross profit growth 5Y

3.25%

Net income growth

-17.34%

Net income growth (Q)

18%

Net income growth (QoQ)

9.79%

Net income growth 3Y

53.7%

Net income growth 5Y

12.3%

Net income growth quarters

Net income growth years

OCF growth

14.65%

OCF growth (Q)

2.03%

OCF growth (QoQ)

-14.83%

OCF growth 10Y

5.86%

OCF growth 3Y

5.71%

OCF growth 5Y

3.99%

Operating income growth

15.77%

Operating income growth (Q)

7.82%

Operating income growth 3Y

2.14%

Operating income growth 5Y

3.88%

Revenue growth

9.71%

Revenue growth (Q)

5.69%

Revenue growth (QoQ)

2.49%

Revenue growth 10Y

3.57%

Revenue growth 3Y

0.2%

Revenue growth 5Y

3.75%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	CAD -4.6B
Depreciation and amortization	CAD 2.9B
EBIT	CAD 7.1B
EBITDA	CAD 9.9B
EPS	CAD 3.33
FCF per share	CAD 3.90
Financing cash flow	CAD -2.3B
Free cash flow	CAD 4.1B
Gross profit	CAD 10.9B
Income taxes	CAD 1.1B
Investing cash flow	CAD -5.7B
Net borrowing	CAD 2.7B
Net cash flow	CAD 652M
Net income	CAD 3.5B
Operating income	CAD 7.1B
Revenue	CAD 15.7B

Metric

Value

Capital expenditures

CAD -4.6B

Depreciation and amortization

CAD 2.9B

EBIT

CAD 7.1B

EBITDA

CAD 9.9B

EPS

CAD 3.33

FCF per share

CAD 3.90

Financing cash flow

CAD -2.3B

Free cash flow

CAD 4.1B

Gross profit

CAD 10.9B

Income taxes

CAD 1.1B

Investing cash flow

CAD -5.7B

Net borrowing

CAD 2.7B

Net cash flow

CAD 652M

Net income

CAD 3.5B

Operating income

CAD 7.1B

Revenue

CAD 15.7B

Metric	Value
Altman Z-Score	0.77
Book value per share	CAD 24.48
Debt / EBITDA	6.35
Debt / equity	1.7
Debt / FCF	15.73
Goodwill	CAD 13.5B
Interest coverage	2.07
Long-term assets	CAD 116B
Long-term liabilities	CAD 73.5B
Net cash (debt)	CAD -61.4B
Net cash / market cap	-66.72%
Net debt / EBITDA	6.17
Net debt / equity	1.64
Net debt / FCF	15.12
Piotroski F-Score	7
Property, plant and equipment	CAD 73.3B
Shareholders' equity	CAD 37.5B
Tangible book value	CAD 12B
Tangible book value per share	CAD 11.54
Total assets	CAD 123.9B
Total cash	CAD 2.5B
Total debt	CAD 63.8B
Total liabilities	CAD 86.5B
WACC	7.46%

Metric

Value

Altman Z-Score

0.77

Book value per share

CAD 24.48

Debt / EBITDA

6.35

Debt / equity

1.7

Debt / FCF

15.73

Goodwill

CAD 13.5B

Interest coverage

2.07

Long-term assets

CAD 116B

Long-term liabilities

CAD 73.5B

Net cash (debt)

CAD -61.4B

Net cash / market cap

-66.72%

Net debt / EBITDA

6.17

Net debt / equity

1.64

Net debt / FCF

15.12

Piotroski F-Score

Property, plant and equipment

CAD 73.3B

Shareholders' equity

CAD 37.5B

Tangible book value

CAD 12B

Tangible book value per share

CAD 11.54

Total assets

CAD 123.9B

Total cash

CAD 2.5B

Total debt

CAD 63.8B

Total liabilities

CAD 86.5B

WACC

7.46%

Metric	Value
Asset turnover	0.13
Current assets	CAD 7.9B
Current liabilities	CAD 12.9B
Current ratio	0.61
Inventory turnover	5.44
Net working capital	CAD -1.5B
Quick ratio	0.41
Working capital	CAD -5B
Working capital turnover	-3.25

Metric

Value

Asset turnover

0.13

Current assets

CAD 7.9B

Current liabilities

CAD 12.9B

Current ratio

0.61

Inventory turnover

5.44

Net working capital

CAD -1.5B

Quick ratio

0.41

Working capital

CAD -5B

Working capital turnover

-3.25

Metric	Value
Buyback yield / dilution	-0.14%
Dividend growth	3.26%
Dividend growth (10Y)	4.63%
Dividend growth (3Y)	-1.91%
Dividend growth (5Y)	0.36%
Dividend growth years	0
Dividend payment date	2026-10-30
Dividend payment years	54
Dividend payout frequency	Quarterly
Dividend per share	CAD 3.51
Dividend yield	3.95%
Ex-dividend date	2026-09-29
FCF payout ratio	90.11%
Last dividend	CAD 0.88
Payout ratio	102.36%
Shareholder yield	3.8%

Metric

Value

Buyback yield / dilution

-0.14%

Dividend growth

3.26%

Dividend growth (10Y)

4.63%

Dividend growth (3Y)

-1.91%

Dividend growth (5Y)

0.36%

Dividend growth years

Dividend payment date

2026-10-30

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

CAD 3.51

Dividend yield

3.95%

Ex-dividend date

2026-09-29

FCF payout ratio

90.11%

Last dividend

CAD 0.88

Payout ratio

102.36%

Shareholder yield

3.8%

Metric	Value
10Y price change	44.64%
10Y return CAGR	10.47%
10Y total return	170.58%
150-day SMA	CAD 90.14
15Y price change	103.32%
15Y return CAGR	10.76%
15Y total return	363.37%
1D price change	0.62%
1M price change	6.78%
1M total return	7.92%
1W price change	2.26%
1W total return	2.26%
1Y price change	25.65%
1Y return CAGR	30.91%
1Y total return	30.89%
20-day SMA	CAD 86.05
200-day SMA	CAD 88.39
20Y price change	151.44%
20Y return CAGR	10.23%
20Y total return	601.85%
3M price change	-7.94%
3M total return	-6.96%
3Y price change	89.16%
3Y return CAGR	34.49%
3Y total return	143.3%
50-day SMA	CAD 85.87
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 100.18
52-week high date	2026-06-25
52-week low	CAD 69.41
52-week low date	2025-11-04
5Y price change	31.96%
5Y return CAGR	14.02%
5Y total return	92.66%
6M price change	5.13%
6M total return	7.21%
All-time high	CAD 100.18
All-time high date	2026-06-25
All-time low	CAD 9.80
All-time low date	2000-02-18
Average true range (ATR)	CAD 1.67
Average volume	5.7M
Beta (1Y)	-0.21
Beta (2Y)	0.21
Beta (5Y)	0.98
Change from 52-week high	-11.34%
Change from 52-week low	27.97%
Change from all-time high	-11.35%
Change from all-time low	806.22%
Change from open	0.52%
Day's gap	0.1%
Dollar volume	CAD 114.1M
High price	CAD 89.55
Low price	CAD 88.27
Monthly RSI	62.92
Open price	CAD 88.36
Position in 52-week range	42.97%
Previous close	CAD 88.27
Price vs 150-day SMA	-1.47%
Price vs 20-day SMA	3.21%
Price vs 200-day SMA	0.48%
Price vs 50-day SMA	3.42%
Relative volume	0.23
RSI	60.18
Sharpe ratio	1.32
Sharpe ratio (3Y)	1.55
Sharpe ratio (5Y)	0.55
Sortino ratio	2.33
Sortino ratio (3Y)	2.69
Sortino ratio (5Y)	1.05
Volume	1.3M
Weekly RSI	51.81
YTD price change	17.51%
YTD total return	21.05%

Metric

Value

10Y price change

44.64%

10Y return CAGR

10.47%

10Y total return

170.58%

150-day SMA

CAD 90.14

15Y price change

103.32%

15Y return CAGR

10.76%

15Y total return

363.37%

1D price change

0.62%

1M price change

6.78%

1M total return

7.92%

1W price change

2.26%

1W total return

2.26%

1Y price change

25.65%

1Y return CAGR

30.91%

1Y total return

30.89%

20-day SMA

CAD 86.05

200-day SMA

CAD 88.39

20Y price change

151.44%

20Y return CAGR

10.23%

20Y total return

601.85%

3M price change

-7.94%

3M total return

-6.96%

3Y price change

89.16%

3Y return CAGR

34.49%

3Y total return

143.3%

50-day SMA

CAD 85.87

50-day SMA vs 200-day SMA

50under200

52-week high

CAD 100.18

52-week high date

2026-06-25

52-week low

CAD 69.41

52-week low date

2025-11-04

5Y price change

31.96%

5Y return CAGR

14.02%

5Y total return

92.66%

6M price change

5.13%

6M total return

7.21%

All-time high

CAD 100.18

All-time high date

2026-06-25

All-time low

CAD 9.80

All-time low date

2000-02-18

Average true range (ATR)

CAD 1.67

Average volume

5.7M

Beta (1Y)

-0.21

Beta (2Y)

0.21

Beta (5Y)

0.98

Change from 52-week high

-11.34%

Change from 52-week low

27.97%

Change from all-time high

-11.35%

Change from all-time low

806.22%

Change from open

0.52%

Day's gap

0.1%

Dollar volume

CAD 114.1M

High price

CAD 89.55

Low price

CAD 88.27

Monthly RSI

62.92

Open price

CAD 88.36

Position in 52-week range

42.97%

Previous close

CAD 88.27

Price vs 150-day SMA

-1.47%

Price vs 20-day SMA

3.21%

Price vs 200-day SMA

0.48%

Price vs 50-day SMA

3.42%

Relative volume

0.23

RSI

60.18

Sharpe ratio

1.32

Sharpe ratio (3Y)

1.55

Sharpe ratio (5Y)

0.55

Sortino ratio

2.33

Sortino ratio (3Y)

2.69

Sortino ratio (5Y)

1.05

Volume

1.3M

Weekly RSI

51.81

YTD price change

17.51%

YTD total return

21.05%

Metric	Value
Float	1B
Shares change (QoQ)	0%
Shares change (YoY)	0.14%
Shares held by insiders	0.04%
Shares held by institutions	69.14%
Shares outstanding	1B
Short % of float	4.25%
Short % of shares	4.09%

Metric

Value

Float

Shares change (QoQ)

Shares change (YoY)

0.14%

Shares held by insiders

0.04%

Shares held by institutions

69.14%

Shares outstanding

Short % of float

4.25%

Short % of shares

4.09%

TSX/TRP (TSX/TRP)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/TRP

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/TRP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/TRP

Frequently asked questions