TC Energy Corp (TRP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TC Energy Corp (TRP) has a cash flow conversion efficiency ratio of 0.070x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$2.60 Billion ≈ $1.88 Billion USD) by net assets (CA$37.16 Billion ≈ $26.88 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is TC Energy Corp worth for the company's overall valuation and market capitalisation.
TC Energy Corp - Cash Flow Conversion Efficiency Trend (2000–2025)
This chart illustrates how TC Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
TC Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TC Energy Corp ranked by their cash flow conversion efficiency. Explore TC Energy Corp (TRP) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Atlas Copco A ADR
F:ACO
|
0.077x |
|
Macquarie Group Ltd
AU:MQG
|
0.087x |
|
Aon PLC
NYSE:AON
|
0.057x |
|
Samsung Electro-Mechanics
KO:009150
|
0.030x |
|
Cenovus Energy Inc
TO:CVE
|
0.067x |
|
ENGIE ADR/1 EO 1
F:GZFB
|
N/A |
|
Arthur J Gallagher & Co
NYSE:AJG
|
0.000x |
|
Bank of China Limited
F:W8V
|
0.060x |
Annual Cash Flow Conversion Efficiency for TC Energy Corp (2000–2025)
The table below shows the annual cash flow conversion efficiency of TC Energy Corp from 2000 to 2025. View TRP live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$36.90 Billion ≈ $26.69 Billion |
CA$7.35 Billion ≈ $5.32 Billion |
0.199x | -0.70% |
| 2024-12-31 | CA$38.36 Billion ≈ $27.75 Billion |
CA$7.70 Billion ≈ $5.57 Billion |
0.201x | +7.68% |
| 2023-12-31 | CA$39.01 Billion ≈ $28.22 Billion |
CA$7.27 Billion ≈ $5.26 Billion |
0.186x | -0.29% |
| 2022-12-31 | CA$34.12 Billion ≈ $24.68 Billion |
CA$6.38 Billion ≈ $4.61 Billion |
0.187x | -9.43% |
| 2021-12-31 | CA$33.40 Billion ≈ $24.16 Billion |
CA$6.89 Billion ≈ $4.98 Billion |
0.206x | -2.16% |
| 2020-12-31 | CA$33.47 Billion ≈ $24.21 Billion |
CA$7.06 Billion ≈ $5.11 Billion |
0.211x | -3.54% |
| 2019-12-31 | CA$32.40 Billion ≈ $23.44 Billion |
CA$7.08 Billion ≈ $5.12 Billion |
0.219x | +3.36% |
| 2018-12-31 | CA$30.99 Billion ≈ $22.42 Billion |
CA$6.55 Billion ≈ $4.74 Billion |
0.211x | +8.75% |
| 2017-12-31 | CA$26.89 Billion ≈ $19.45 Billion |
CA$5.23 Billion ≈ $3.78 Billion |
0.194x | -0.31% |
| 2016-12-31 | CA$25.98 Billion ≈ $18.80 Billion |
CA$5.07 Billion ≈ $3.67 Billion |
0.195x | -18.83% |
| 2015-12-31 | CA$18.24 Billion ≈ $13.19 Billion |
CA$4.38 Billion ≈ $3.17 Billion |
0.240x | +21.70% |
| 2014-12-31 | CA$20.65 Billion ≈ $14.94 Billion |
CA$4.08 Billion ≈ $2.95 Billion |
0.198x | +8.24% |
| 2013-12-31 | CA$20.14 Billion ≈ $14.57 Billion |
CA$3.67 Billion ≈ $2.66 Billion |
0.182x | -6.31% |
| 2012-12-31 | CA$18.34 Billion ≈ $13.26 Billion |
CA$3.57 Billion ≈ $2.58 Billion |
0.195x | -3.53% |
| 2011-12-31 | CA$18.26 Billion ≈ $13.21 Billion |
CA$3.69 Billion ≈ $2.67 Billion |
0.202x | +17.14% |
| 2010-12-31 | CA$17.88 Billion ≈ $12.94 Billion |
CA$3.08 Billion ≈ $2.23 Billion |
0.172x | -2.40% |
| 2009-12-31 | CA$16.93 Billion ≈ $12.25 Billion |
CA$2.99 Billion ≈ $2.16 Billion |
0.177x | -12.38% |
| 2008-12-31 | CA$14.09 Billion ≈ $10.19 Billion |
CA$2.84 Billion ≈ $2.05 Billion |
0.202x | -23.37% |
| 2007-12-31 | CA$10.78 Billion ≈ $7.80 Billion |
CA$2.84 Billion ≈ $2.05 Billion |
0.263x | +2.25% |
| 2006-12-31 | CA$8.07 Billion ≈ $5.84 Billion |
CA$2.07 Billion ≈ $1.50 Billion |
0.257x | +2.73% |
| 2005-12-31 | CA$7.60 Billion ≈ $5.50 Billion |
CA$1.90 Billion ≈ $1.38 Billion |
0.250x | -0.59% |
| 2004-12-31 | CA$6.88 Billion ≈ $4.97 Billion |
CA$1.73 Billion ≈ $1.25 Billion |
0.252x | -18.41% |
| 2003-12-31 | CA$6.17 Billion ≈ $4.47 Billion |
CA$1.91 Billion ≈ $1.38 Billion |
0.309x | +9.53% |
| 2002-12-31 | CA$6.81 Billion ≈ $4.93 Billion |
CA$1.92 Billion ≈ $1.39 Billion |
0.282x | +61.13% |
| 2001-12-31 | CA$6.49 Billion ≈ $4.69 Billion |
CA$1.14 Billion ≈ $821.04 Million |
0.175x | -32.99% |
| 2000-12-31 | CA$6.59 Billion ≈ $4.77 Billion |
CA$1.72 Billion ≈ $1.24 Billion |
0.261x | -- |
About TC Energy Corp
TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply bas… Read more