Net margin · 2016–2025
TC Energy net margin
23.1%−32.3% · FY2025
TC Energy (TRP) reported 23.1% in net margin for fiscal 2025, −32.3% year on year.
| Fiscal year | Net margin | Change | Filing |
|---|---|---|---|
| FY2025 | 23.1% | −32.3% | Derived |
| FY2024 | 34.1% | +54.9% | Derived |
| FY2023 | 22.0% | +262.4% | Derived |
| FY2022 | 6.1% | −58.4% | Derived |
| FY2021 | 14.6% | −58.9% | Derived |
| FY2020 | 35.5% | +13.7% | Derived |
| FY2019 | 31.2% | +15.4% | Derived |
| FY2018 | 27.1% | +15.3% | Derived |
| FY2017 | 23.5% | +1,164.1% | Derived |
| FY2016 | 1.9% | — | Derived |
Net margin — Net margin is net income divided by revenue. Only companies with at least $1 billion in revenue are ranked here: a small company can post an extreme margin that tells you nothing.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +32.3%
Figures are reported under US GAAP in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.
Calculated from two reported figures, so it has no single filing of its own.
Net margin at companies of similar size
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Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=TC Energy net margin |url=https://companiesranked.com/en/company/tc-energy/net-profit-margin |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). TC Energy net margin. CompaniesRanked. https://companiesranked.com/en/company/tc-energy/net-profit-marginBibTeX
@misc{companiesranked-en-company-tc-energy-net-profit-margin-2026,
author = {{CompaniesRanked}},
title = {{TC Energy net margin}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/tc-energy/net-profit-margin}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.