TC Energy Corp Cash Flow Conversion Efficiency
TC Energy Corp 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.
Cash Flow Conversion Efficiency of TC Energy Corp (2000–2025)
Cash flow conversion efficiency of TC Energy Corp from 2000 to 2025. This chart illustrates how TC Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TRP live share price for real-time trading data and today's change.
TC Energy Corp Cash Flow Conversion Ratio Explained
TC Energy Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see TC Energy Corp market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Macquarie Group Ltd
AU:MQG
|
0.087x |
|
Aon PLC
NYSE:AON
|
0.057x |
|
Vingroup JSC
VN:VIC
|
0.277x |
|
Kinder Morgan Inc
NYSE:KMI
|
0.060x |
|
Imperial Oil Ltd
TO:IMO
|
0.113x |
|
ESSILORLUXOTTICA 1/2/O.N.
F:ESLC
|
N/A |
|
NETEASE INC. O.N.
F:4Y01
|
0.081x |
|
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. Review how much free cash does TC Energy Corp generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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