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TC Energy Corporation (TRP)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
CA87807B1076
CUSIP
87807B107
Sector
Energy
IPO Date
Dec 30, 1987

Highlights

Market Cap
$65.17B
Enterprise Value
$128.54B
EPS (TTM)
$3.38
PE Ratio
18.51
PEG Ratio
0.26
Total Revenue (TTM)
$15.14B
Gross Profit (TTM)
$7.55B
EBITDA (TTM)
$10.71B
Year Range
$43.59 - $65.57
Target Price
$53.00
ROA (TTM)
2.97%
ROE (TTM)
12.90%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in TC Energy Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

TC Energy Corporation (TRP) has returned 14.62% so far this year and 38.37% over the past 12 months. Over the last decade, TRP has posted an annualized return of 12.37%, slightly higher than the S&P 500 Index benchmark’s 12.16%.


TC Energy Corporation

1D
0.05%
1M
-2.05%
YTD
14.62%
6M
17.18%
1Y
38.37%
3Y*
28.54%
5Y*
15.06%
10Y*
12.37%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 30, 1987, TRP's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, your investment would double in approximately 5.8 years.

Historically, 60% of months were positive and 40% were negative. The best month was Aug 2000 with a return of +27.6%, while the worst month was Dec 1999 at -19.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, TRP closed higher 47% of trading days. The best single day was Mar 13, 2020 with a return of +17.7%, while the worst single day was Mar 12, 2020 at -21.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.65%9.72%-2.05%14.62%
2025-3.18%-0.69%6.84%6.78%0.46%-2.41%-1.87%8.73%5.72%-7.81%9.09%1.65%24.02%
20240.87%0.30%3.46%-10.82%7.56%0.11%11.90%9.27%4.16%7.30%5.20%-3.20%39.88%
20238.23%-7.72%-0.54%6.76%-6.26%5.61%-11.23%0.70%-2.21%0.12%8.91%6.03%6.09%
202210.98%3.99%6.36%-6.24%9.34%-9.24%2.91%-9.60%-13.77%9.01%1.28%-8.88%-7.83%
20215.43%-2.33%10.71%8.13%3.21%-1.64%-1.60%-2.57%2.69%12.50%-13.29%0.66%20.99%

Benchmark Metrics

TC Energy Corporation has an annualized alpha of 7.29%, beta of 0.54, and R² of 0.18 versus S&P 500 Index. Calculated based on daily prices since December 31, 1987.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (63.55%) than losses (46.88%) — typical of diversified or defensive assets.
  • Beta of 0.54 may look defensive, but with R² of 0.18 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.18 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
7.29%
Beta
0.54
0.18
Upside Capture
63.55%
Downside Capture
46.88%

Return for Risk

Risk / Return Rank

TRP ranks 89 for risk / return — in the top 89% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


TRP Risk / Return Rank: 8989
Overall Rank
TRP Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
TRP Sortino Ratio Rank: 8888
Sortino Ratio Rank
TRP Omega Ratio Rank: 8686
Omega Ratio Rank
TRP Calmar Ratio Rank: 9090
Calmar Ratio Rank
TRP Martin Ratio Rank: 8989
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for TC Energy Corporation (TRP) and compare them to a chosen benchmark (S&P 500 Index).


TRPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.99

0.90

+1.09

Sortino ratio

Return per unit of downside risk

2.72

1.39

+1.34

Omega ratio

Gain probability vs. loss probability

1.35

1.21

+0.14

Calmar ratio

Return relative to maximum drawdown

3.90

1.40

+2.50

Martin ratio

Return relative to average drawdown

10.25

6.61

+3.64

Explore TRP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

TC Energy Corporation provided a 3.68% dividend yield over the last twelve months, with an annual payout of $2.31 per share.


4.00%5.00%6.00%7.00%8.00%9.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.31$2.45$2.76$2.75$3.10$2.52$2.20$2.07$1.90$2.28$2.06$1.90

Dividend yield

3.68%4.45%5.93%7.73%8.52%5.94%5.92%4.25%5.85%5.14%5.01%6.38%

Monthly Dividends

The table displays the monthly dividend distributions for TC Energy Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.45$0.45
2025$0.00$0.00$0.59$0.00$0.00$0.62$0.00$0.00$0.61$0.00$0.00$0.62$2.45
2024$0.00$0.00$0.65$0.00$0.00$0.64$0.00$0.00$0.65$0.00$0.00$0.82$2.76
2023$0.00$0.00$0.63$0.00$0.00$0.64$0.00$0.00$0.85$0.00$0.00$0.64$2.75
2022$0.00$0.00$0.66$0.00$0.00$0.64$0.00$0.00$1.20$0.00$0.00$0.60$3.10
2021$0.00$0.00$0.63$0.00$0.00$0.64$0.00$0.00$0.63$0.00$0.00$0.62$2.52

Dividend Yield & Payout


Dividend Yield

TC Energy Corporation has a dividend yield of 3.68%, which is quite average when compared to the overall market.

Payout Ratio

TC Energy Corporation has a payout ratio of 102.90%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the TC Energy Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the TC Energy Corporation was 62.52%, occurring on Feb 22, 2000. Recovery took 590 trading sessions.

The current TC Energy Corporation drawdown is 3.13%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.52%Mar 27, 1998481Feb 22, 2000590Jul 1, 20021071
-45.62%Nov 7, 2007335Mar 9, 2009404Oct 13, 2010739
-43.46%Sep 22, 2014333Jan 15, 2016368Jul 3, 2017701
-41.64%Feb 24, 202021Mar 23, 2020395Oct 14, 2021416
-37.05%Jun 8, 2022333Oct 4, 2023252Oct 4, 2024585

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of TC Energy Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how TC Energy Corporation is priced in the market compared to other companies in the Oil & Gas Midstream industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for TRP, comparing it with other companies in the Oil & Gas Midstream industry. Currently, TRP has a P/E ratio of 18.5. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for TRP compared to other companies in the Oil & Gas Midstream industry. TRP currently has a PEG ratio of 0.3. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for TRP relative to other companies in the Oil & Gas Midstream industry. Currently, TRP has a P/S ratio of 4.3. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for TRP in comparison with other companies in the Oil & Gas Midstream industry. Currently, TRP has a P/B value of 2.6. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items