Tc Energy Return on Equity (ROE) Growth & History (TRP)
Tc Energy's return on equity was 12.82% for fiscal 2025.
View full Tc Energy company overviewTc Energy annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.82% | −3.62 pp |
| 2024 | 2024-12-31 | 16.44% | +7.25 pp |
| 2023 | 2023-12-31 | 9.20% | +6.97 pp |
| 2022 | 2022-12-31 | 2.22% | −3.82 pp |
| 2021 | 2021-12-31 | 6.05% | −8.81 pp |
| 2020 | 2020-12-31 | 14.85% | +1.07 pp |
| 2019 | 2019-12-31 | 13.78% | +0.16 pp |
| 2018 | 2018-12-31 | 13.62% | +0.81 pp |
| 2017 | 2017-12-31 | 12.81% | +11.66 pp |
| 2016 | 2016-12-31 | 1.15% | +7.60 pp |
| 2015 | 2015-12-31 | −6.45% | −16.24 pp |
| 2014 | 2014-12-31 | 9.79% | −0.29 pp |
| 2013 | 2013-12-31 | 10.08% | +2.05 pp |
| 2012 | 2012-12-31 | 8.03% | −1.18 pp |
| 2011 | 2011-12-31 | 9.22% | — |
Tc Energy quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.68% | +0.55 pp |
| Q1 2026 | 2026-03-31 | 3.38% | — |
| Q4 2025 | 2025-12-31 | 3.71% | — |
| Q3 2025 | 2025-09-30 | 2.32% | — |
| Q2 2025 | 2025-06-30 | 3.12% | — |
Tc Energy return on equity trends
Over the last five fiscal years, Tc Energy's return on equity decreased from 14.85% to 12.82%, a change of −2.03 percentage points. The latest reported quarter, Q2 2026, shows 3.68%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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