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TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.
2003
6.7K+
LTM Revenue $11.2B
LTM EBITDA $8.0B
$97.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
TC Energy has a last 12-month revenue (LTM) of $11.2B and a last 12-month EBITDA of $8.0B.
In the most recent fiscal year, TC Energy achieved revenue of $9.9B and an EBITDA of $8.1B.
TC Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
See TC Energy valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $11.2B | XXX | $9.9B | XXX | XXX | XXX |
| Gross Profit | $11.2B | XXX | $4.8B | XXX | XXX | XXX |
| Gross Margin | 100% | XXX | 48% | XXX | XXX | XXX |
| EBITDA | $8.0B | XXX | $8.1B | XXX | XXX | XXX |
| EBITDA Margin | 71% | XXX | 81% | XXX | XXX | XXX |
| EBIT | $5.9B | XXX | $4.2B | XXX | XXX | XXX |
| EBIT Margin | 53% | XXX | 42% | XXX | XXX | XXX |
| Net Profit | $2.9B | XXX | $3.4B | XXX | XXX | XXX |
| Net Margin | 26% | XXX | 34% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $42.3B | XXX | XXX | XXX |
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As of May 30, 2025, TC Energy's stock price is CAD 70 (or $50).
TC Energy has current market cap of CAD 72.3B (or $52.2B), and EV of CAD 135B (or $97.3B).
See TC Energy trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $97.3B | $52.2B | XXX | XXX | XXX | XXX | $2.88 |
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Start Free TrialAs of May 30, 2025, TC Energy has market cap of $52.2B and EV of $97.3B.
TC Energy's trades at 9.8x EV/Revenue multiple, and 12.0x EV/EBITDA.
Equity research analysts estimate TC Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
TC Energy has a P/E ratio of 18.0x.
See valuation multiples for TC Energy and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $52.2B | XXX | $52.2B | XXX | XXX | XXX |
| EV (current) | $97.3B | XXX | $97.3B | XXX | XXX | XXX |
| EV/Revenue | 8.7x | XXX | 9.8x | XXX | XXX | XXX |
| EV/EBITDA | 12.2x | XXX | 12.0x | XXX | XXX | XXX |
| EV/EBIT | 16.4x | XXX | 23.3x | XXX | XXX | XXX |
| EV/Gross Profit | 8.7x | XXX | n/a | XXX | XXX | XXX |
| P/E | 18.0x | XXX | 15.4x | XXX | XXX | XXX |
| EV/FCF | 669.6x | XXX | 100.8x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialTC Energy's last 12 month revenue growth is -2%
TC Energy's revenue per employee in the last FY averaged $1.5M, while opex per employee averaged $0.1M for the same period.
TC Energy's rule of 40 is 57% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
TC Energy's rule of X is 67% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for TC Energy and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | -2% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | 71% | XXX | 81% | XXX | XXX | XXX |
| EBITDA Growth | 1% | XXX | 8% | XXX | XXX | XXX |
| Rule of 40 | 57% | XXX | 80% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 67% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $1.5M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 6% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| ADNOC | XXX | XXX | XXX | XXX | XXX | XXX |
| NMDC Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Fastned | XXX | XXX | XXX | XXX | XXX | XXX |
| Fugro | XXX | XXX | XXX | XXX | XXX | XXX |
| Royal Vopak | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
TC Energy acquired XXX companies to date.
Last acquisition by TC Energy was XXXXXXXX, XXXXX XXXXX XXXXXX . TC Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was TC Energy founded? | TC Energy was founded in 2003. |
| Where is TC Energy headquartered? | TC Energy is headquartered in Canada. |
| How many employees does TC Energy have? | As of today, TC Energy has 6.7K+ employees. |
| Who is the CEO of TC Energy? | TC Energy's CEO is Mr. Francois L. Poirier. |
| Is TC Energy publicy listed? | Yes, TC Energy is a public company listed on TSE. |
| What is the stock symbol of TC Energy? | TC Energy trades under TRP ticker. |
| When did TC Energy go public? | TC Energy went public in 2003. |
| Who are competitors of TC Energy? | Similar companies to TC Energy include e.g. ADNOC, NMDC Energy, Fastned, Fugro. |
| What is the current market cap of TC Energy? | TC Energy's current market cap is $52.2B |
| What is the current revenue of TC Energy? | TC Energy's last 12 months revenue is $11.2B. |
| What is the current revenue growth of TC Energy? | TC Energy revenue growth (NTM/LTM) is -2%. |
| What is the current EV/Revenue multiple of TC Energy? | Current revenue multiple of TC Energy is 8.7x. |
| Is TC Energy profitable? | Yes, TC Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of TC Energy? | TC Energy's last 12 months EBITDA is $8.0B. |
| What is TC Energy's EBITDA margin? | TC Energy's last 12 months EBITDA margin is 71%. |
| What is the current EV/EBITDA multiple of TC Energy? | Current EBITDA multiple of TC Energy is 12.2x. |
| What is the current FCF of TC Energy? | TC Energy's last 12 months FCF is $145M. |
| What is TC Energy's FCF margin? | TC Energy's last 12 months FCF margin is 1%. |
| What is the current EV/FCF multiple of TC Energy? | Current FCF multiple of TC Energy is 669.6x. |
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