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. See TC Energy Corp free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see cash flow conversion of TC Energy Corp.
Annual Cash Flow Reinvestment Rate for TC Energy Corp (2000–2025)
Year-by-year capital reinvestment analysis for TC Energy Corp. See financial flexibility index of TC Energy Corp to measure the company's free cash flow as a share of total liabilities.
| 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 | — |