TC Energy Corp (TRP) — Cash Flow Quality Index
TC Energy Corp (TRP) has a Cash Flow Quality Index of 2.81x as of March 2026. Operating cash flow of CA$2.60 Billion exceeds net income of CA$927.00 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of TC Energy Corp to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
TC Energy Corp Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for TC Energy Corp across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check TRP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for TC Energy Corp (2000–2025)
Year-by-year earnings quality comparison for TC Energy Corp. For live market cap and the full company financial profile, see market value of TC Energy Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.97x | CA$7.35 Billion | CA$3.73 Billion | ▲ +37.7% |
| 2024 | 1.43x | CA$7.70 Billion | CA$5.38 Billion | ▼ -42.5% |
| 2023 | 2.49x | CA$7.27 Billion | CA$2.92 Billion | ▼ -69.4% |
| 2022 | 8.12x | CA$6.38 Billion | CA$785.00 Million | ▲ +141.2% |
| 2021 | 3.37x | CA$6.89 Billion | CA$2.05 Billion | ▲ +134.4% |
| 2020 | 1.44x | CA$7.06 Billion | CA$4.91 Billion | ▼ -10.1% |
| 2019 | 1.60x | CA$7.08 Billion | CA$4.43 Billion | ▼ -14.3% |
| 2018 | 1.86x | CA$6.55 Billion | CA$3.52 Billion | ▲ +21.0% |
| 2017 | 1.54x | CA$5.23 Billion | CA$3.40 Billion | ▼ -85.3% |
| 2016 | 10.45x | CA$5.07 Billion | CA$485.00 Million | ▲ +410.7% |
| 2014 | 2.05x | CA$4.08 Billion | CA$1.99 Billion | ▲ +6.5% |
| 2013 | 1.92x | CA$3.67 Billion | CA$1.91 Billion | ▼ -20.8% |
| 2012 | 2.43x | CA$3.57 Billion | CA$1.47 Billion | ▲ +12.5% |
| 2011 | 2.16x | CA$3.69 Billion | CA$1.71 Billion | ▼ -11.0% |
| 2010 | 2.42x | CA$3.08 Billion | CA$1.27 Billion | ▲ +19.6% |
| 2009 | 2.03x | CA$2.99 Billion | CA$1.48 Billion | ▲ +2.7% |
| 2008 | 1.97x | CA$2.84 Billion | CA$1.44 Billion | ▼ -14.9% |
| 2007 | 2.32x | CA$2.84 Billion | CA$1.22 Billion | ▲ +17.5% |
| 2006 | 1.97x | CA$2.07 Billion | CA$1.05 Billion | ▲ +25.4% |
| 2005 | 1.57x | CA$1.90 Billion | CA$1.21 Billion | ▼ -10.9% |
| 2004 | 1.77x | CA$1.73 Billion | CA$980.00 Million | ▼ -25.7% |
| 2003 | 2.38x | CA$1.91 Billion | CA$801.24 Million | ▼ -0.3% |
| 2002 | 2.38x | CA$1.92 Billion | CA$805.00 Million | ▲ +54.8% |
| 2001 | 1.54x | CA$1.14 Billion | CA$737.00 Million | ▼ -34.7% |
| 2000 | 2.36x | CA$1.72 Billion | CA$729.00 Million | — |