TRP vs. ENB
Compare and contrast key facts about TC Energy Corporation (TRP) and Enbridge Inc. (ENB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRP or ENB.
Correlation
The correlation between TRP and ENB is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TRP vs. ENB - Performance Comparison
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Key characteristics
TRP:
1.54
ENB:
1.80
TRP:
2.01
ENB:
2.29
TRP:
1.30
ENB:
1.31
TRP:
1.39
ENB:
1.81
TRP:
8.09
ENB:
9.51
TRP:
4.46%
ENB:
3.05%
TRP:
22.65%
ENB:
16.75%
TRP:
-57.79%
ENB:
-46.35%
TRP:
-2.39%
ENB:
-2.82%
Fundamentals
TRP:
$52.07B
ENB:
$97.79B
TRP:
$2.89
ENB:
$1.93
TRP:
17.26
ENB:
23.24
TRP:
1.76
ENB:
2.23
TRP:
3.75
ENB:
1.60
TRP:
2.87
ENB:
2.22
TRP:
$13.15B
ENB:
$60.94B
TRP:
$6.36B
ENB:
$21.97B
TRP:
$10.87B
ENB:
$18.75B
Returns By Period
In the year-to-date period, TRP achieves a 8.47% return, which is significantly lower than ENB's 8.94% return. Over the past 10 years, TRP has outperformed ENB with an annualized return of 7.37%, while ENB has yielded a comparatively lower 5.00% annualized return.
TRP
8.47%
1.92%
4.33%
34.68%
9.24%
7.37%
ENB
8.94%
2.18%
9.58%
29.87%
15.15%
5.00%
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Risk-Adjusted Performance
TRP vs. ENB — Risk-Adjusted Performance Rank
TRP
ENB
TRP vs. ENB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP) and Enbridge Inc. (ENB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
TRP vs. ENB - Dividend Comparison
TRP's dividend yield for the trailing twelve months is around 4.97%, less than ENB's 5.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP TC Energy Corporation | 4.97% | 5.42% | 7.14% | 8.63% | 7.04% | 5.82% | 3.98% | 7.15% | 3.64% | 5.94% | 6.06% | 3.20% |
ENB Enbridge Inc. | 5.96% | 6.28% | 7.29% | 6.79% | 6.86% | 7.56% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% |
Drawdowns
TRP vs. ENB - Drawdown Comparison
The maximum TRP drawdown since its inception was -57.79%, which is greater than ENB's maximum drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for TRP and ENB. For additional features, visit the drawdowns tool.
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Volatility
TRP vs. ENB - Volatility Comparison
TC Energy Corporation (TRP) has a higher volatility of 6.87% compared to Enbridge Inc. (ENB) at 5.80%. This indicates that TRP's price experiences larger fluctuations and is considered to be riskier than ENB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
TRP vs. ENB - Financials Comparison
This section allows you to compare key financial metrics between TC Energy Corporation and Enbridge Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TRP vs. ENB - Profitability Comparison
TRP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, TC Energy Corporation reported a gross profit of 1.89B and revenue of 3.62B. Therefore, the gross margin over that period was 52.0%.
ENB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Enbridge Inc. reported a gross profit of 7.55B and revenue of 18.50B. Therefore, the gross margin over that period was 40.8%.
TRP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, TC Energy Corporation reported an operating income of 1.66B and revenue of 3.62B, resulting in an operating margin of 45.9%.
ENB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Enbridge Inc. reported an operating income of 3.67B and revenue of 18.50B, resulting in an operating margin of 19.9%.
TRP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, TC Energy Corporation reported a net income of 1.01B and revenue of 3.62B, resulting in a net margin of 27.8%.
ENB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Enbridge Inc. reported a net income of 2.36B and revenue of 18.50B, resulting in a net margin of 12.8%.