Stocktoria
TC Energy Corporation statistics & valuation
Market cap$97.8B
P / E27.8×
P / S6.4×
P / B3.6×
P / FCF47.5×
Dividend yield3.70%
Net margin23.1%
Return on equity12.9%
FCF margin13.5%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
TC Energy Corporation trades at about 28.7× earnings — above its 10-year norm (10-year range 14.8×–81.7×, median 24.4×).
14.8×
81.7×
Shaded band = 10-year range (14.8×–81.7×); dot = today's 28.7×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 50.2% | 48.0% | 50.3% | 47.1% |
| Operating margin | 44.4% | 42.0% | 44.4% | 41.2% |
| Net margin | 23.1% | 34.1% | 22.0% | 6.1% |
| FCF margin | 13.5% | 9.7% | -6.6% | -2.9% |
| Return on assets | 3.0% | 4.0% | 2.3% | 0.7% |
| Return on equity | 12.9% | 17.0% | 9.9% | 2.2% |
| Debt / equity | 2.10× | 2.03× | 2.04× | 1.48× |
| Current ratio | 0.63 | 0.55 | 0.96 | 0.43 |
Source: company filings via Yahoo Finance · CA · as of 2025-12-31. Figures in CAD; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.