Tc Energy (TRP) FCF Margin (2009 - 2026)

Tc Energy (TRP) posted quarterly FCF Margin of 153.9% for Q4 2024, up 10952.0% year-over-year from N/an in Q1 2024, and up 226.76% quarter-over-quarter from 47.1% in Q3 2024.

Tc Energy (TRP) FCF Margin (2009 - 2026) Analysis & Trends

Tc Energy's FCF Margin history runs 15 years deep, the most recent figure standing at 153.9% for Q4 2024.

  • In Q4 2024, FCF Margin rose 10952.0% year-over-year to 153.9%; the TTM figure through Dec 2024 stood at 34.52% (down 1208.0% YoY), while the FY2025 annual figure was 48.31%, down 794.0% from the prior year.
  • FCF Margin for Q4 2024 stood at 153.9%, up from 47.1% in the prior quarter.
  • The five-year high for FCF Margin was 153.9% in Q4 2024, with the low at 7.88% in Q2 2024.
  • The 4-year median for FCF Margin is 50.94% (2023), against an average of 64.41%.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin plunged 6578 bps in 2022, then surged 10952 bps in 2024.
  • Tc Energy's FCF Margin stood at 95.42% in 2021, then plunged by 53 bps to 45.06% in 2022, then decreased by 2 bps to 44.38% in 2023, then surged by 247 bps to 153.9% in 2024.
  • Business Quant data shows TRP's FCF Margin at 153.9% in Q4 2024, 47.1% in Q3 2024, and 7.88% in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Kinder Morgan 112.04 Bn 113.17 Bn 3.07 Bn 21.84%
2 Enbridge 111.19 Bn 111.69 Bn 5.23 Bn 3.87%
3 Enterprise Products Partners 83.98 Bn 83.12 Bn - 11.07%
4 Energy Transfer 72.48 Bn 71.45 Bn 7.40 Bn 7.88%
5 Tc Energy 66.71 Bn 66.18 Bn 1.24 Bn 146.27%
6 Mplx 60.30 Bn 59.27 Bn 2.73 Bn 26.48%
7 Oneok 59.88 Bn 59.82 Bn 2.81 Bn 11.95%
8 Targa Resources 59.14 Bn 59.14 Bn 2.14 Bn 9.71%
9 Cheniere Energy 56.12 Bn 60.17 Bn 5.29 Bn 6.94%
10 Venture Global 34.82 Bn 35.11 Bn 2.92 Bn -35.98%

Historic Data

Download Data
DateValue
Jun 30, 2026 146.27%
Dec 31, 2025 97.53%
Sep 30, 2025 117.41%
Jun 30, 2025 127.88%
Mar 31, 2025 73.36%
Dec 31, 2024 153.90%
Sep 30, 2024 47.10%
Jun 30, 2024 7.88%
Mar 31, 2024 10.91%
Dec 31, 2023 44.38%
Mar 31, 2023 54.79%
Sep 30, 2022 45.06%
Jun 30, 2022 26.15%
Dec 31, 2021 95.42%
Sep 30, 2021 97.47%
Jun 30, 2021 91.92%
Mar 31, 2021 97.93%
Dec 31, 2019 60.31%
Sep 30, 2019 56.46%
Jun 30, 2019 57.50%