TC Energy Corp (TRP) — Free Cash Flow Generation Index
Latest as of March 2026:
0.59x
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). Read TC Energy Corp debt and liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.59x
Free Cash Flow / Operating CF
Free Cash Flow
CA$1.53 Billion
CAD
Operating Cash Flow
CA$2.60 Billion
CAD
Capital Expenditures
CA$1.07 Billion
CAD
TC Energy Corp Free Cash Flow Generation Index (2000–2025)
Historical FCF Generation Index trend for TC Energy Corp across 26 annual periods. Explore TC Energy Corp capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for TC Energy Corp (2000–2025)
Year-by-year Free Cash Flow Generation Index for TC Energy Corp. For the full company profile including market capitalisation, see TRP company net worth.
| 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 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).