TC Energy Corp Cash Flow Quality Index
TC Energy Corp 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 TRP operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of TC Energy Corp (2000–2025)
Cash flow quality index of TC Energy Corp from 2000 to 2025. Historical Cash Flow Quality Index for TC Energy Corp across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. See TC Energy Corp balance sheet independence to measure how much of total assets are equity-financed.
TC Energy Corp Cash Flow Quality Index by Year (2000–2025)
TC Energy Corp cash flow quality index by year from 2000 to 2025. Year-by-year earnings quality comparison for TC Energy Corp. For the full cash flow conversion analysis, see TC Energy Corp (TRP) cash flow conversion.
| 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 | — |