Companies: 10,795·Total market cap: $144.5T
TC Energy Corporation

TC Energy Corporation

TRPNYSEEnergy● Active
$68.25
$-0.43(-0.63%)
Market Cap$71.1B
P/E Ratio
52W High$71.47
52W Low$46.29
Overview

TC Energy Corporation (TRP) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

trp · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for TC Energy Corporation (TRP) measures how much investors pay for each dollar of the company's trailing earnings. TRP's current PE ratio of 28.80x is calculated by dividing its stock price of $68.25 by its TTM earnings per share of $3.30. −1.2% discount vs 5Y avg 29.2x

28.80x
P/E Ratio (TTM)1.2%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
17.67x
FY2027 est. EPS $3.86
Based on 10 analysts
EPS (TTM)
$3.30
TTM · diluted EPS
PEG Ratio
-1.18
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · TC Energy Corporation SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 29.2x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 19 fiscal years · Front-end computed
Average
28.3x
19-yr mean
Median
16.8x
19-yr midpoint
Minimum
10.0x
Lowest year
Maximum
180.2x
Highest year
28.8x ← Now
10.0x
Min
Q1 · 25%16.8x
Median
Q3 · 75%180.2x
Max
Historically Elevated

At 28.80x, TRP's current P/E is higher than in 89% of its annual fiscal year readings over the past 19 years — historically elevated.

89th percentileHigher than 17 of 19 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Oil & Gas Midstream · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
TC Energy Corporation
TC Energy CorporationYou
TRP
$71.1B28.80x+82.5%$3.30
Baker Hughes Company
Baker Hughes Company
BKR
$64.3B17.39x+10.2%$2.62
Eni S.p.A.
Eni S.p.A.
E
$80.0B18.73x+18.7%$1.72
Energy Transfer LP
Energy Transfer LP
ET
$66.6B12.28x-22.2%$1.34
Imperial Oil Limited
Imperial Oil Limited
IMO
$60.9B18.26x+15.7%$6.49
Kinder Morgan, Inc.
Kinder Morgan, Inc.
KMI
$69.6B20.01x+26.8%$1.37
Cheniere Energy, Inc.
Cheniere Energy, Inc.
LNG
$49.6B8.01x-49.2%$24.26
Industry Average
6 peers with valid PE
15.78xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
22.33x$3.38+51.0%
2024-12-31
FY2024
14.78x$4.53-11.0%
2023-12-31
FY2023
16.62x$2.84-74.6%
2022-12-31
FY2022
65.41x$0.75+145.3%
2021-12-31
FY2021
26.67x$2.01+167.2%
2020-12-31
FY2020
9.98x$4.74-32.4%
2019-12-31
FY2019
14.76x$4.27+30.3%
2018-12-31
FY2018
11.32x$3.92-30.3%
2017-12-31
FY2017
16.25x$3.43-91.0%
2016-12-31
FY2016
180.24x$0.31

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for TC Energy Corporation (TRP) measures how much investors pay for each dollar of the company's trailing earnings. TRP's current PE ratio of 28.80x is calculated by dividing its stock price of $68.25 by its TTM earnings per share of $3.30.

PE Ratio = Stock Price ÷ EPS (TTM)
= $68.25 ÷ $3.30 = 28.80x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

TRP pe ratio · 6 questions

TRP's current PE ratio is 28.80x as of 2026-06-08, based on a stock price of $68.25 and TTM EPS of $3.30. Data sourced from Financial Modeling Prep via TRP's SEC 10-K and 10-Q filings.

TRP PE ratioWhat is TRP PE ratioCurrent PE ratio of TRPTRP PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · TC Energy Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08