TC Energy Corp (TRP) — 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 how leveraged is TC Energy Corp's balance sheet to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TC Energy Corp Capital Reinvestment Ratio (2000–2025)
This chart tracks TC Energy Corp's Capital Reinvestment Ratio across 26 annual periods. Check TC Energy Corp (TRP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for TC Energy Corp (2000–2025)
Year-by-year Capital Reinvestment Ratio for TC Energy Corp from 2000 to 2025. For live market cap and broader valuation context, see TRP stock market capitalisation.
| 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 | — |