TC Energy Corporation (TRP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	16.0B	15.2B	13.8B	13.3B	12.3B
Cost of Revenue	7.8B	7.6B	7.2B	6.6B	6.5B
Gross Profit	8.2B	7.6B	6.6B	6.7B	5.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	—	—	—	—
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	860.4M	880.3M	820.0M	781.0M	727.0M
Total Operating Expenses	860.4M	880.3M	820.0M	781.0M	727.0M
Cost and Expenses	8.6B	8.5B	8.0B	7.4B	7.2B
Operating Income (EBIT)	7.4B	6.7B	5.8B	5.9B	5.1B
Non-Operating
Interest Income	168.1M	205.8M	542.0M	569.0M	107.7M
Interest Expense	3.4B	3.4B	2.5B	2.6B	1.9B
Net Interest Income	(3.2B)	(3.2B)	(2.0B)	(2.0B)	(1.8B)
Other Non-Op Income/Expense	(1.9B)	(1.3B)	120.0M	(2.6B)	(3.7B)
Non-Operating Income (excl Interest)	(949.7M)	(2.1B)	(2.6B)	7.0M	2.4B
EBT (Pre-Tax Income)	5.5B	5.4B	5.9B	3.3B	1.4B
Income Tax Expense	1.1B	1.1B	922.0M	842.0M	589.0M
Bottom Line
Net Income	3.6B	3.5B	4.7B	2.9B	748.0M
Earnings from Cont. Ops	4.4B	4.3B	5.0B	2.5B	785.0M
Earnings from Discont. Ops	(183.0M)	(211.8M)	395.0M	612.0M	—
Bottom Line Net Income	3.5B	3.4B	4.6B	2.8B	641.0M
Per Share
Basic EPS	$3.34	$3.27	$4.43	$2.66	$0.64
Diluted EPS	$3.34	$3.27	$4.43	$2.75	$0.64
Revenue Per Share	$15.37	$14.60	$13.27	$12.88	$12.37
Shares
Basic Shares Outstanding	1.0B	1.0B	1.0B	1.0B	995.0M
Diluted Shares Outstanding	1.0B	1.0B	1.0B	1.0B	996.0M
Profitability Metrics
EBITDA	11.2B	11.6B	11.2B	8.7B	5.2B
D&A	2.9B	2.8B	2.8B	2.8B	2.6B
EBIT	8.3B	8.8B	8.4B	5.9B	2.7B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026