TC Energy Corp Capital Reinvestment Ratio
TC Energy Corp capital reinvestment ratio. TC Energy Corp (TRP) has a Capital Reinvestment Ratio of 0.41x as of March 2026, meaning it reinvests 0% of its operating cash flow (CA$2.60 Billion) in capital expenditures (CA$1.07 Billion). See free cash flow generation of TC Energy Corp to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of TC Energy Corp (2000–2025)
Capital reinvestment ratio of TC Energy Corp from 2000 to 2025. This chart tracks TC Energy Corp's Capital Reinvestment Ratio across 26 annual periods. See financial agility of TC Energy Corp to measure the company's free cash flow as a share of total liabilities.
TC Energy Corp Capital Reinvestment Ratio by Year (2000–2025)
TC Energy Corp capital reinvestment ratio by year from 2000 to 2025. For the full cash flow conversion analysis, see TC Energy Corp operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.72x | CA$7.35 Billion | CA$5.27 Billion | ▼ -13.2% |
| 2024 | 0.83x | CA$7.70 Billion | CA$6.36 Billion | ▼ -26.3% |
| 2023 | 1.12x | CA$7.27 Billion | CA$8.15 Billion | ▲ +6.3% |
| 2022 | 1.06x | CA$6.38 Billion | CA$6.73 Billion | ▲ +22.7% |
| 2021 | 0.86x | CA$6.89 Billion | CA$5.92 Billion | ▼ -25.4% |
| 2020 | 1.15x | CA$7.06 Billion | CA$8.13 Billion | ▼ -0.2% |
| 2019 | 1.16x | CA$7.08 Billion | CA$8.18 Billion | ▼ -23.6% |
| 2018 | 1.51x | CA$6.55 Billion | CA$9.91 Billion | ▲ +5.1% |
| 2017 | 1.44x | CA$5.23 Billion | CA$7.53 Billion | ▲ +37.6% |
| 2016 | 1.05x | CA$5.07 Billion | CA$5.30 Billion | ▲ +3.5% |
| 2015 | 1.01x | CA$4.38 Billion | CA$4.43 Billion | ▼ -5.0% |
| 2014 | 1.06x | CA$4.08 Billion | CA$4.34 Billion | ▼ -17.8% |
| 2013 | 1.29x | CA$3.67 Billion | CA$4.75 Billion | ▲ +78.0% |
| 2012 | 0.73x | CA$3.57 Billion | CA$2.60 Billion | ▲ +6.6% |
| 2011 | 0.68x | CA$3.69 Billion | CA$2.51 Billion | ▼ -58.3% |
| 2010 | 1.63x | CA$3.08 Billion | CA$5.04 Billion | ▼ -9.8% |
| 2009 | 1.81x | CA$2.99 Billion | CA$5.42 Billion | ▲ +64.2% |
| 2008 | 1.10x | CA$2.84 Billion | CA$3.13 Billion | ▲ +89.6% |
| 2007 | 0.58x | CA$2.84 Billion | CA$1.65 Billion | ▼ -23.1% |
| 2006 | 0.76x | CA$2.07 Billion | CA$1.57 Billion | ▲ +91.2% |
| 2005 | 0.40x | CA$1.90 Billion | CA$753.58 Million | ▲ +29.3% |
| 2004 | 0.31x | CA$1.73 Billion | CA$530.36 Million | ▲ +49.0% |
| 2003 | 0.21x | CA$1.91 Billion | CA$391.60 Million | ▼ -34.2% |
| 2002 | 0.31x | CA$1.92 Billion | CA$599.00 Million | ▼ -28.0% |
| 2001 | 0.43x | CA$1.14 Billion | CA$492.00 Million | ▼ -8.2% |
| 2000 | 0.47x | CA$1.72 Billion | CA$812.00 Million | — |