TRP

Energy

TC Energy Corporation · Oil & Gas Midstream · $66B

UQS Score — Balanced Preset
46.3
Average

TC Energy Corporation scores 46.3/100 using the Balanced preset.

56.1
Quality
35%
48.0
Moat
30%
48.7
Growth
20%
2.8
Risk
15%

TRP — Key Takeaways

✅ Strengths

TC Energy Corporation shows attractive valuation relative to fundamentals

⚠️ Areas of Concern

TC Energy Corporation has elevated risk from leverage or valuation

TRP — Score History

40455055Apr 2Apr 3Apr 4Apr 5Apr 6Apr 7Apr 8
DateUQSQualityMoatGrowthRiskValueChange
Apr 8, 202646.356.148.048.72.867.2-0.1
Apr 7, 202646.456.148.049.32.867.50.0
Apr 6, 202646.456.148.049.12.867.5-0.2
Apr 5, 202646.656.148.050.02.867.8+1.0
Apr 4, 202645.656.148.049.92.861.30.0
Apr 3, 202645.656.148.049.92.861.30.0
Apr 2, 202645.656.148.049.92.861.3

TRP — Pillar Breakdown

Quality

56.1/100 (25%)

TC Energy Corporation shows solid profitability with healthy returns on capital and reasonable margins.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityModerate

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Gross Profit / AssetsWeak

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

48.7/100 (20%)

TC Energy Corporation shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendModerate

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookModerate

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

2.8/100 (15%)

TC Energy Corporation presents elevated risk with concerns around leverage or financial stability.

Financial LeverageWeak

Debt levels relative to earnings capacity.

Debt/EquityWeak

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

67.2/100 (15%)

TC Energy Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.

Earnings YieldModerate

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowModerate

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

Moat

48/100 (30%)

TC Energy Corporation possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for TRP.

Score Composition

Quality
56.1×25%14.0
Growth
48.7×20%9.7
Risk
2.8×15%0.4
Valuation
67.2×15%10.1
Moat
48.0×30%14.4
Total
46.3Average

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How is the TRP UQS Score Calculated?

The UQS (Unified Quality Score) for TC Energy Corporation is calculated using a proprietary 5-pillar framework with 25 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses TC Energy Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether TC Energy Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.