TC Energy Corporation
TC Energy Corporation (TRP) Financial Performance & Income Statement Overview
Review TC Energy Corporation (TRP) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
TC Energy Corporation (TRP) Income Statement & Financial Overview
Review TC Energy Corporation TRP income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $3.62B | $1.36B | $4.08B | $4.08B |
| Cost of Revenue | $1.74B | $585.00M | $2.24B | $2.23B |
| Gross Profit | $1.89B | $775.00M | $1.84B | $1.85B |
| Gross Profit Ratio | $0.52 | $0.57 | $0.45 | $0.45 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Expenses | $224.00M | $123.00M | $235.00M | $236.00M |
| Total Costs & Expenses | $1.96B | $708.00M | $2.48B | $2.47B |
| Interest Income | $51.00M | $120.00M | $89.00M | $67.00M |
| Interest Expense | $592.00M | $676.00M | $626.00M | $659.00M |
| Depreciation & Amortization | $678.00M | $639.00M | $713.00M | $717.00M |
| EBITDA | $2.74B | $2.06B | $3.34B | $2.91B |
| EBITDA Ratio | $0.76 | $1.52 | $0.82 | $0.71 |
| Operating Income | $1.66B | $652.00M | $1.61B | $1.62B |
| Operating Income Ratio | $0.46 | $0.48 | $0.39 | $0.40 |
| Other Income/Expenses (Net) | -$193.00M | $213.00M | $395.00M | -$268.00M |
| Income Before Tax | $1.47B | $865.00M | $2.002B | $1.35B |
| Income Before Tax Ratio | $0.41 | $0.64 | $0.49 | $0.33 |
| Income Tax Expense | $293.00M | $78.00M | $351.00M | $200.00M |
| Net Income | $1.006B | $999.00M | $1.48B | $990.00M |
| Net Income Ratio | $0.28 | $0.73 | $0.36 | $0.24 |
| EPS | $0.94 | $0.94 | $1.40 | $0.93 |
| Diluted EPS | $0.94 | $0.94 | $1.40 | $0.93 |
| Weighted Avg Shares Outstanding | $1.04B | $1.04B | $1.04B | $1.04B |
| Weighted Avg Shares Outstanding (Diluted) | $1.04B | $1.04B | $1.04B | $1.04B |
Over the last four quarters, TC Energy Corporation achieved steady financial progress, growing revenue from $4.08B in Q2 2024 to $3.62B in Q1 2025. Gross profit stayed firm with margins at 52% in Q1 2025 versus 45% in Q2 2024. Operating income totaled $1.66B in Q1 2025, maintaining a 46% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $2.74B. Net income rose to $1.006B, with EPS at $0.94. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan