TRP (TC Energy) Revenue: $11,252 Mil (TTM As of Mar. 2026)


TRP TC Energy Corp TRP
66 GF Score
Price $67.33
GF Value $52.39
Valuation Modestly Overvalued
! 12 Warning Signs
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What is TC Energy Revenue?

TC Energy TRP -0.93% 66 Revenue is $11,252 Mil as of Mar. 2026. GuruFocus rates TRP with a GF Score™ of 66/100 and a GF Value™ of $52.39 (Modestly Overvalued). The stock has 12 warning signs investors should review.

TC Energy's revenue for the three months ended in Mar. 2026 was $2,814 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $11,252 Mil. TC Energy's Revenue per Share for the three months ended in Mar. 2026 was $2.70. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $10.81.

During the past 12 months, the average Revenue per Share Growth Rate of TC Energy was 11.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 0.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, TC Energy's highest 3-Year average Revenue per Share Growth Rate was 33.10% per year. The lowest was -40.20% per year. And the median was -0.80% per year.


TC Energy  (NYSE:TRP) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


TC Energy Revenue Related Terms


TC Energy Revenue Historical Data

* Premium members only.

The historical data trend for TC Energy's Revenue 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 Revenue Chart

TC Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,458.59 9,060.73 9,888.94 9,665.90 11,046.76

TC Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 2,523.68 2,739.25 2,677.46 3,021.39 2,814.14

TRP vs WMB, EPD, KMI: Revenue Comparison

For the Oil & Gas Midstream subindustry, TC Energy's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Oil & Gas Industry

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

* The bar in red indicates where TC Energy's Revenue falls into.


TRP
66GF Score
TC Energy Corp TRP
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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TC Energy Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,252 Mil.

* 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 Revenue →
What does a Revenue of $11,252 Mil mean?
TC Energy (TRP) has a Revenue of $11,252 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on TC Energy and its competitors.
Is TC Energy's Revenue too high?
TC Energy's current Revenue is $11,252 Mil. Overall, TC Energy has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TC Energy's Revenue compare to WMB and EPD?
TC Energy's Revenue of $11,252 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for an Oil & Gas company?
A good Revenue depends on the Oil & Gas industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on TC Energy and its competitors. TC Energy's current Revenue is $11,252 Mil. 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?
Based on GuruFocus' analysis, TC Energy (TRP) is currently considered Modestly Overvalued. The stock's GF Value™ is $52.39, compared to a current price of $67.33 — trading 28.5% above its estimated fair value. The current Revenue is $11,252 Mil. TC Energy's overall GF Score™ is 66/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For TC Energy (TRP), the current Revenue is $11,252 Mil as of Mar. 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.

Is TC Energy (TRP) Overvalued in 2026?

Based on GuruFocus' analysis, TC Energy stock appears to be overvalued. The current stock price of $67.33 is trading 28.5% above its estimated GF Value™ of $52.39. GuruFocus considers TC Energy to be Modestly Overvalued.

Key valuation signals for TRP:

  • Revenue: $11,252 Mil
  • GF Value™: $52.39 vs. price of $67.33 (28.5% above fair value)
  • GF Score™: 66/100 with 12 warning signs

No single metric tells the full story. See the TRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
66GF Score

Get the complete analysis for TRP

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$67.33
Price
$52.39
GF Value