TC Energy Corp Financial Flexibility Index
TC Energy Corp 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). Explore TRP capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of TC Energy Corp (2000–2025)
Financial flexibility index of TC Energy Corp from 2000 to 2025. Historical Financial Flexibility Index trend for TC Energy Corp across 26 annual periods. Check TC Energy Corp (TRP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
TC Energy Corp Financial Flexibility Index by Year (2000–2025)
TC Energy Corp financial flexibility index by year from 2000 to 2025. Year-by-year free cash flow to debt coverage for TC Energy Corp. For the full cash flow conversion analysis, see TRP operating cash flow.
| 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 | — |