TC Energy Corp (TRP) — Cash Flow Reinvestment Rate
TC Energy Corp (TRP) has a Cash Flow Reinvestment Rate of 0.41x as of March 2026, reinvesting CA$1.07 Billion (capex CA$1.07 Billion ) from operating cash flow of CA$2.60 Billion. Check how high is TC Energy Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
TC Energy Corp Cash Flow Reinvestment Rate (2000–2025)
Historical reinvestment intensity for TC Energy Corp across 26 annual periods. Explore TC Energy Corp (TRP) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for TC Energy Corp (2000–2025)
Year-by-year capital reinvestment analysis for TC Energy Corp. For live market cap and broader valuation context, see market cap of TC Energy Corp.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.72x | CA$5.27 Billion | CA$7.35 Billion | CA$5.27 Billion | ▼ -58.4% |
| 2024 | 1.72x | CA$13.27 Billion | CA$7.70 Billion | CA$6.36 Billion | ▼ -39.0% |
| 2023 | 2.83x | CA$20.53 Billion | CA$7.27 Billion | CA$8.15 Billion | ▲ +31.1% |
| 2022 | 2.15x | CA$13.74 Billion | CA$6.38 Billion | CA$6.73 Billion | ▲ +110.2% |
| 2021 | 1.02x | CA$7.06 Billion | CA$6.89 Billion | CA$5.92 Billion | ▼ -49.0% |
| 2020 | 2.01x | CA$14.19 Billion | CA$7.06 Billion | CA$8.13 Billion | ▼ -5.4% |
| 2019 | 2.13x | CA$15.05 Billion | CA$7.08 Billion | CA$8.18 Billion | ▼ -30.1% |
| 2018 | 3.04x | CA$19.93 Billion | CA$6.55 Billion | CA$9.91 Billion | ▲ +41.6% |
| 2017 | 2.15x | CA$11.23 Billion | CA$5.23 Billion | CA$7.53 Billion | ▼ -54.8% |
| 2016 | 4.75x | CA$24.09 Billion | CA$5.07 Billion | CA$5.30 Billion | ▲ +304.5% |
| 2015 | 1.17x | CA$5.15 Billion | CA$4.38 Billion | CA$4.43 Billion | ▲ +4.6% |
| 2014 | 1.12x | CA$4.58 Billion | CA$4.08 Billion | CA$4.34 Billion | ▼ -13.8% |
| 2013 | 1.30x | CA$4.79 Billion | CA$3.67 Billion | CA$4.75 Billion | ▲ +79.3% |
| 2012 | 0.73x | CA$2.60 Billion | CA$3.57 Billion | CA$2.60 Billion | ▲ +6.6% |
| 2011 | 0.68x | CA$2.51 Billion | CA$3.69 Billion | CA$2.51 Billion | ▼ -58.3% |
| 2010 | 1.63x | CA$5.04 Billion | CA$3.08 Billion | CA$5.04 Billion | ▼ -9.8% |
| 2009 | 1.81x | CA$5.42 Billion | CA$2.99 Billion | CA$5.42 Billion | ▲ +64.2% |
| 2008 | 1.10x | CA$3.13 Billion | CA$2.84 Billion | CA$3.13 Billion | ▲ +89.6% |
| 2007 | 0.58x | CA$1.65 Billion | CA$2.84 Billion | CA$1.65 Billion | ▼ -23.1% |
| 2006 | 0.76x | CA$1.57 Billion | CA$2.07 Billion | CA$1.57 Billion | ▲ +91.2% |
| 2005 | 0.40x | CA$753.58 Million | CA$1.90 Billion | CA$753.58 Million | ▲ +29.3% |
| 2004 | 0.31x | CA$530.36 Million | CA$1.73 Billion | CA$530.36 Million | ▲ +49.0% |
| 2003 | 0.21x | CA$391.60 Million | CA$1.91 Billion | CA$391.60 Million | ▼ -34.2% |
| 2002 | 0.31x | CA$599.00 Million | CA$1.92 Billion | CA$599.00 Million | ▼ -28.0% |
| 2001 | 0.43x | CA$492.00 Million | CA$1.14 Billion | CA$492.00 Million | ▼ -8.2% |
| 2000 | 0.47x | CA$812.00 Million | CA$1.72 Billion | CA$812.00 Million | — |