TC Energy Corp (TRP) — Free Cash Flow Generation Index
TC Energy Corp (TRP) has a Free Cash Flow Generation Index of 0.59x as of March 2026. Free cash flow of CA$1.53 Billion represents 1% of operating cash flow (CA$2.60 Billion). Explore TC Energy Corp capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
TC Energy Corp Free Cash Flow Generation Index (2000–2025)
Historical FCF Generation Index trend for TC Energy Corp across 26 annual periods. For the full cash flow conversion analysis, see TC Energy Corp (TRP) cash conversion ratio.
Annual Free Cash Flow Generation for TC Energy Corp (2000–2025)
Year-by-year Free Cash Flow Generation Index for TC Energy Corp. Check TC Energy Corp investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.28x | CA$2.08 Billion | CA$7.35 Billion | CA$5.27 Billion | ▲ +62.8% |
| 2024 | 0.17x | CA$1.34 Billion | CA$7.70 Billion | CA$6.36 Billion | ▲ +243.4% |
| 2023 | -0.12x | CA$-881.00 Million | CA$7.27 Billion | CA$8.15 Billion | ▼ -119.5% |
| 2022 | -0.06x | CA$-352.00 Million | CA$6.38 Billion | CA$6.73 Billion | ▼ -139.4% |
| 2021 | 0.14x | CA$966.00 Million | CA$6.89 Billion | CA$5.92 Billion | ▲ +191.9% |
| 2020 | -0.15x | CA$-1.08 Billion | CA$7.06 Billion | CA$8.13 Billion | ▲ +1.8% |
| 2019 | -0.16x | CA$-1.10 Billion | CA$7.08 Billion | CA$8.18 Billion | ▲ +69.7% |
| 2018 | -0.51x | CA$-3.36 Billion | CA$6.55 Billion | CA$9.91 Billion | ▼ -16.6% |
| 2017 | -0.44x | CA$-2.30 Billion | CA$5.23 Billion | CA$7.53 Billion | ▼ -856.3% |
| 2016 | -0.05x | CA$-233.00 Million | CA$5.07 Billion | CA$5.30 Billion | ▼ -347.8% |
| 2015 | -0.01x | CA$-45.00 Million | CA$4.38 Billion | CA$4.43 Billion | ▲ +62.3% |
| 2014 | -0.03x | CA$-111.00 Million | CA$4.08 Billion | CA$4.34 Billion | ▲ +90.7% |
| 2013 | -0.29x | CA$-1.08 Billion | CA$3.67 Billion | CA$4.75 Billion | ▼ -207.4% |
| 2012 | 0.27x | CA$976.00 Million | CA$3.57 Billion | CA$2.60 Billion | ▼ -14.1% |
| 2011 | 0.32x | CA$1.17 Billion | CA$3.69 Billion | CA$2.51 Billion | ▲ +150.2% |
| 2010 | -0.63x | CA$-1.95 Billion | CA$3.08 Billion | CA$5.04 Billion | ▲ +21.9% |
| 2009 | -0.81x | CA$-2.43 Billion | CA$2.99 Billion | CA$5.42 Billion | ▼ -684.1% |
| 2008 | -0.10x | CA$-294.00 Million | CA$2.84 Billion | CA$3.13 Billion | ▼ -124.8% |
| 2007 | 0.42x | CA$1.19 Billion | CA$2.84 Billion | CA$1.65 Billion | ▲ +72.3% |
| 2006 | 0.24x | CA$503.26 Million | CA$2.07 Billion | CA$1.57 Billion | ▼ -59.8% |
| 2005 | 0.60x | CA$1.15 Billion | CA$1.90 Billion | CA$753.58 Million | ▼ -12.9% |
| 2004 | 0.69x | CA$1.20 Billion | CA$1.73 Billion | CA$530.36 Million | ▼ -12.7% |
| 2003 | 0.79x | CA$1.51 Billion | CA$1.91 Billion | CA$391.60 Million | ▲ +15.5% |
| 2002 | 0.69x | CA$1.32 Billion | CA$1.92 Billion | CA$599.00 Million | ▲ +46.5% |
| 2001 | 0.47x | CA$533.00 Million | CA$1.14 Billion | CA$492.00 Million | ▼ -11.0% |
| 2000 | 0.53x | CA$908.00 Million | CA$1.72 Billion | CA$812.00 Million | — |