TC Energy Corp (TRP) — Financial Flexibility Index
TC Energy Corp (TRP) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of CA$3.67 Billion (operating CF CA$2.60 Billion minus capex CA$1.07 Billion) represents 0% of total liabilities (CA$83.67 Billion). Also explore net asset growth rate of TC Energy Corp to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
TC Energy Corp Financial Flexibility Index (2000–2025)
Historical Financial Flexibility Index trend for TC Energy Corp across 26 annual periods. Check strategic asset allocation of TC Energy Corp to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for TC Energy Corp (2000–2025)
Year-by-year free cash flow to debt coverage for TC Energy Corp. For the full company profile including market capitalisation, see TC Energy Corp stock valuation.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | CA$12.62 Billion | CA$7.35 Billion | CA$81.85 Billion | ▼ -12.4% |
| 2024 | 0.18x | CA$14.05 Billion | CA$7.70 Billion | CA$79.88 Billion | ▼ -1.8% |
| 2023 | 0.18x | CA$15.42 Billion | CA$7.27 Billion | CA$86.03 Billion | ▲ +9.7% |
| 2022 | 0.16x | CA$13.10 Billion | CA$6.38 Billion | CA$80.23 Billion | ▼ -9.7% |
| 2021 | 0.18x | CA$12.81 Billion | CA$6.89 Billion | CA$70.82 Billion | ▼ -20.4% |
| 2020 | 0.23x | CA$15.19 Billion | CA$7.06 Billion | CA$66.83 Billion | ▼ -0.4% |
| 2019 | 0.23x | CA$15.26 Billion | CA$7.08 Billion | CA$66.88 Billion | ▼ -5.9% |
| 2018 | 0.24x | CA$16.47 Billion | CA$6.55 Billion | CA$67.93 Billion | ▲ +12.5% |
| 2017 | 0.22x | CA$12.76 Billion | CA$5.23 Billion | CA$59.21 Billion | ▲ +29.0% |
| 2016 | 0.17x | CA$10.37 Billion | CA$5.07 Billion | CA$62.07 Billion | ▼ -12.3% |
| 2015 | 0.19x | CA$8.81 Billion | CA$4.38 Billion | CA$46.24 Billion | ▼ -13.3% |
| 2014 | 0.22x | CA$8.42 Billion | CA$4.08 Billion | CA$38.29 Billion | ▼ -11.9% |
| 2013 | 0.25x | CA$8.43 Billion | CA$3.67 Billion | CA$33.76 Billion | ▲ +21.4% |
| 2012 | 0.21x | CA$6.17 Billion | CA$3.57 Billion | CA$30.00 Billion | ▼ -3.6% |
| 2011 | 0.21x | CA$6.20 Billion | CA$3.69 Billion | CA$29.08 Billion | ▼ -24.6% |
| 2010 | 0.28x | CA$8.12 Billion | CA$3.08 Billion | CA$28.70 Billion | ▼ -9.5% |
| 2009 | 0.31x | CA$8.41 Billion | CA$2.99 Billion | CA$26.91 Billion | ▲ +32.4% |
| 2008 | 0.24x | CA$5.97 Billion | CA$2.84 Billion | CA$25.32 Billion | ▲ +2.8% |
| 2007 | 0.23x | CA$4.49 Billion | CA$2.84 Billion | CA$19.55 Billion | ▲ +12.3% |
| 2006 | 0.20x | CA$3.65 Billion | CA$2.07 Billion | CA$17.84 Billion | ▲ +27.1% |
| 2005 | 0.16x | CA$2.66 Billion | CA$1.90 Billion | CA$16.51 Billion | ▲ +10.6% |
| 2004 | 0.15x | CA$2.26 Billion | CA$1.73 Billion | CA$15.55 Billion | ▼ -8.0% |
| 2003 | 0.16x | CA$2.30 Billion | CA$1.91 Billion | CA$14.53 Billion | ▼ -17.7% |
| 2002 | 0.19x | CA$2.52 Billion | CA$1.92 Billion | CA$13.11 Billion | ▲ +59.0% |
| 2001 | 0.12x | CA$1.63 Billion | CA$1.14 Billion | CA$13.46 Billion | ▼ -9.5% |
| 2000 | 0.13x | CA$2.53 Billion | CA$1.72 Billion | CA$18.96 Billion | — |