TC Energy (TSX:TRP.PR.B.PFD) OCF Yield %: 8.36 (As of Jun. 25, 2026) — 32% Below Median


TSX:TRP.PR.B.PFD TC Energy Corp TSX:TRP.PR.B.PFD
77 GF Score
Price C$18.81
! 12 Warning Signs
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What is TC Energy OCF Yield %?

TC Energy TSX:TRP.PR.B.PFD 77 OCF Yield % is 8.36 as of Jun. 25, 2026, which is 32% below its 10-year median of 12.28. GuruFocus rates TSX:TRP.PR.B.PFD with a GF Score™ of 77/100. The stock has 12 warning signs investors should review. Among 1,014 Oil & Gas companies, TC Energy ranks worse than 54.44% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, TC Energy's Trailing 12-Month Cash Flow from Operations is C$8,590.00 Mil, and Market Cap is C$0.00 Mil. Therefore, TC Energy's OCF Yield % for today is 8.36%.

The historical rank and industry rank for TC Energy's OCF Yield % or its related term are showing as below:

TSX:TRP.PR.B.PFD' s OCF Yield % Range Over the Past 10 Years
Min: 8.01   Med: 12.28   Max: 17.27
Current: 8.36


During the past 13 years, the highest OCF Yield % of TC Energy was 17.27%. The lowest was 8.01%. And the median was 12.28%.

TSX:TRP.PR.B.PFD's OCF Yield % is ranked worse than
54.44% of 1014 companies
in the Oil & Gas industry
Industry Median: 9.805 vs TSX:TRP.PR.B.PFD: 8.36

TC Energy's OCF Margin % for the quarter that ended in Mar. 2026 was %.


TC Energy OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


TC Energy OCF Yield % Related Terms


TC Energy OCF Yield % Historical Data

* Premium members only.

The historical data trend for TC Energy's OCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TC Energy OCF Yield % Chart

TC Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TC Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSX:TRP.PR.B.PFD vs WMB, EPD, KMI: OCF Yield % Comparison

For the Oil & Gas Midstream subindustry, TC Energy's OCF Yield %, along with its competitors' market caps and OCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TC Energy OCF Yield % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TC Energy's OCF Yield % distribution charts can be found below:

* The bar in red indicates where TC Energy's OCF Yield % falls into.


TSX:TRP.PR.B.PFD
77GF Score
TC Energy Corp TSX:TRP.PR.B.PFD
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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TC Energy OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

TC Energy's OCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=7346 /
=N/A%

TC Energy's annualized OCF Yield % for the quarter that ended in Mar. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=2603 * 4 /
=N/A%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of 8.36 mean?
TC Energy (TSX:TRP.PR.B.PFD) has a OCF Yield % of 8.36 as of Jun. 25, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on TC Energy and its competitors. This is 32% below median its historical median of 12.28. Over the past decade, TC Energy's OCF Yield % has ranged from 8.01 to 17.27. According to the industry distribution chart, TC Energy ranks #552 out of 1014 companies in the Oil & Gas industry, placing it in the top 54.4%.
Is TC Energy's OCF Yield % too high?
TC Energy's current OCF Yield % of 8.36 is 32% below median its 10-year median of 12.28. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 17.27. The Oil & Gas industry median OCF Yield % is 9.81. TC Energy's value of 8.36 is 14.7% below this industry median. Based on the distribution chart, TC Energy ranks #552 out of 1014 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, TC Energy has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does TC Energy's OCF Yield % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, TC Energy ranks #552 out of 1014 companies for OCF Yield %. This places TC Energy in the lower half of its industry. The industry median OCF Yield % is 9.81. TC Energy's value of 8.36 is 14.7% below this benchmark. Historically, TC Energy's own OCF Yield % has ranged from 8.01 to 17.27 over the past decade. While the company's 10-year median is 12.28 vs. the industry median of 9.81, TC Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for an Oil & Gas company?
The median OCF Yield % among Oil & Gas companies is 9.81, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TC Energy's current OCF Yield % of 8.36 is 14.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on TC Energy and its competitors. For the Oil & Gas industry, the median OCF Yield % is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TC Energy's current OCF Yield % is 8.36, which is 32% below median its own 10-year median of 12.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TC Energy stock overvalued right now?
TC Energy (TSX:TRP.PR.B.PFD) has a current OCF Yield % of 8.36. The current OCF Yield % is 8.36, which is 32% below median its 10-year median of 12.28 and 14.7% below the Oil & Gas industry median of 9.81. TC Energy's overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For TC Energy (TSX:TRP.PR.B.PFD), the current OCF Yield % is 8.36 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TC Energy Business Description

Industry EnergyOil & Gas
Address 450 - 1 Street S.W, TC Energy Tower, Calgary, AB, CAN, T2P 5H1
TC Energy operates natural gas transmission assets across North America. Segments are determined by country of operation, but both Canadian and US operations are interconnected. Mexican operations are disconnected from the US and only have one customer, the state utility CFE. They also operate power generation assets, with the largest being the Bruce Power nuclear plant.
77GF Score

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