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

Tc Energy has reported Net Margin for 18 years, with the latest figure at 24.94% in Q2 2026.

• On a quarterly basis, Net Margin rose 269.0% year-over-year to 24.94% in Q2 2026; TTM through Jun 2026 was 21.88%, a 637.0% decrease from a year earlier, with the FY2025 full-year figure at 22.31%, down 1105.0% from the prior year.
• Net Margin was 24.94% for Q2 2026 at Tc Energy, up from 23.51% in the prior quarter.
• The five-year high for Net Margin was 35.68% in Q3 2024, with the low at 105.39% in Q4 2022.
• Average Net Margin over 5 years is 15.35%, with a median of 24.01% recorded in 2024.
• The sharpest annual moves came in 2022 and 2023: Net Margin slumped 13658 bps in 2022, then surged 13993 bps in 2023.
• Over 5 years, Net Margin stood at 105.39% in 2022, then surged by 133 bps to 34.54% in 2023, then slipped by 21 bps to 27.15% in 2024, then fell by 13 bps to 23.51% in 2025, then increased by 6 bps to 24.94% in 2026.
• The last three Net Margin figures came in at 24.94% (Q2 2026), 23.51% (Q4 2025), and 16.44% (Q3 2025), per Business Quant data.