Stocktoria
TC ENERGY CORP TRP
TC ENERGY CORP (TRP) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the distress zone. It pays a dividend (safety: at-risk). FY2025 revenue was $15.2B at a 23.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.51 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-04 | RBC Capital | Outperform (main) |
| 2026-04-20 | Goldman Sachs | Neutral (up) |
| 2026-02-18 | Goldman Sachs | Sell (main) |
| 2026-02-17 | RBC Capital | Outperform (main) |
| 2026-02-17 | CIBC | Neutral (down) |
| 2025-11-07 | RBC Capital | Outperform (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.031 |
| Retained earnings / assets | -0.05 |
| EBIT / assets | 0.068 |
| Equity / liabilities | 0.451 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| TRP | TC ENERGY CORP | 5/9 | 0.56 | — | +10.7% |
| WMB | WILLIAMS COMPANIES, INC. | 6/9 | -0.16 | 33.4 | +17.9% |
| KMI | KINDER MORGAN, INC. | 6/9 | 0.68 | 24.2 | +12.2% |
| TRGP | Targa Resources Corp. | 5/9 | 1.03 | 30.4 | +3.9% |
| TCPA | TRANSCANADA PIPELINES LTD | 6/9 | 0.28 | — | +7.2% |
| NGL | NGL Energy Partners LP | 3/9 | — | — | -9% |
| AROC | Archrock, Inc. | 8/9 | — | 22.8 | +28.7% |
All Transportation & Utilities companies →
About TC ENERGY CORP
TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, the company owns or has interests in power generation facilities with approximately 4,650 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
FAQ
Is TRP financially healthy?
TC ENERGY CORP's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does TRP pay a dividend, and is it safe?
Yes. TC ENERGY CORP pays a dividend with a 99.7% payout ratio, rated “at-risk” for safety.
How profitable is TRP?
In FY2025, TC ENERGY CORP had a net margin of 23.1% and a return on equity of 9.5%.
Is TRP overvalued or undervalued?
TC ENERGY CORP trades at about 19.5× trailing earnings — above its 10-year norm (10-year range 9.1×–295.1×, median 14.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for TRP?
The average Wall-Street price target for TC ENERGY CORP is $60.87, about 4.3% below the recent price, from 3 analysts (consensus: buy).
Is TRP a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on TC ENERGY CORP: a Piotroski F-score of 5/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.