TC Energy (TRP) Revenue & Revenue Breakdown


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TC Energy Revenue Highlights


Latest Revenue (Y)

$15.03B

Latest Revenue (Q)

$4.07B

Main Segment (Y)

U.S. Natural Gas Pipelines

Main Geography (Y)

UNITED STATES

TC Energy Revenue by Period


TC Energy Revenue by Year

DateRevenueChange
2023-12-31$15.03B0.35%
2022-12-31$14.98B11.88%
2021-12-31$13.39B2.98%
2020-12-31$13.00B-1.93%
2019-12-31$13.26B-3.10%
2018-12-31$13.68B1.71%
2017-12-31$13.45B7.55%
2016-12-31$12.51B10.66%
2015-12-31$11.30B10.95%
2014-12-31$10.19B15.78%
2013-12-31$8.80B9.87%
2012-12-31$8.01B-12.39%
2011-12-31$9.14B13.33%
2010-12-31$8.06B-10.06%
2009-12-31$8.97B4.03%
2008-12-31$8.62B-2.37%
2007-12-31$8.83B17.40%
2006-12-31$7.52B22.79%
2005-12-31$6.12B19.92%
2004-12-31$5.11B-4.68%
2003-12-31$5.36B2.75%
2002-12-31$5.21B-0.67%
2001-12-31$5.25B-75.19%
2000-12-31$21.16B77.53%
1999-12-31$11.92B-30.83%
1998-12-31$17.23B20.96%
1997-12-31$14.24B31.99%
1996-12-31$10.79B54.03%
1995-12-31$7.01B34.61%
1994-12-31$5.20B18.51%
1993-12-31$4.39B-

TC Energy generated $15.03B in revenue during NA 2023, up 0.35% compared to the previous quarter, and up 109.87% compared to the same period a year ago.

TC Energy Revenue by Quarter

DateRevenueChange
2024-03-31$4.07B3.07%
2023-12-31$3.95B0.15%
2023-09-30$3.94B2.87%
2023-06-30$3.83B76.50%
2023-03-31$2.17B-46.30%
2022-12-31$4.04B6.37%
2022-09-30$3.80B4.45%
2022-06-30$3.64B3.91%
2022-03-31$3.50B-2.34%
2021-12-31$3.58B10.62%
2021-09-30$3.24B1.82%
2021-06-30$3.18B-5.89%
2021-03-31$3.38B2.55%
2020-12-31$3.30B3.19%
2020-09-30$3.19B3.43%
2020-06-30$3.09B-9.63%
2020-03-31$3.42B4.75%
2019-12-31$3.26B4.15%
2019-09-30$3.13B-7.09%
2019-06-30$3.37B-3.30%
2019-03-31$3.49B-10.68%
2018-12-31$3.90B23.70%
2018-09-30$3.16B-1.22%
2018-06-30$3.19B-6.69%
2018-03-31$3.42B-5.34%
2017-12-31$3.62B11.57%
2017-09-30$3.24B0.78%
2017-06-30$3.22B-5.13%
2017-03-31$3.39B-6.30%
2016-12-31$3.62B-0.36%
2016-09-30$3.63B32.02%
2016-06-30$2.75B8.01%
2016-03-31$2.55B-10.66%
2015-12-31$2.85B-3.16%
2015-09-30$2.94B11.90%
2015-06-30$2.63B-8.46%
2015-03-31$2.87B9.86%
2014-12-31$2.62B6.73%
2014-09-30$2.45B9.71%
2014-06-30$2.23B-22.54%
2014-03-31$2.88B23.67%
2013-12-31$2.33B5.81%
2013-09-30$2.20B9.71%
2013-06-30$2.01B-10.79%
2013-03-31$2.25B7.80%
2012-12-31$2.09B-1.74%
2012-09-30$2.13B17.72%
2012-06-30$1.81B-5.49%
2012-03-31$1.91B-19.03%
2011-12-31$2.36B-1.38%
2011-09-30$2.39B11.67%
2011-06-30$2.14B-4.46%
2011-03-31$2.24B9.04%
2010-12-31$2.06B-3.38%
2010-09-30$2.13B10.71%
2010-06-30$1.92B-1.64%
2010-03-31$1.96B-11.38%
2009-12-31$2.21B-2.09%
2009-09-30$2.25B5.92%
2009-06-30$2.13B-10.63%
2009-03-31$2.38B2.06%
2008-12-31$2.33B9.15%
2008-09-30$2.14B5.92%
2008-06-30$2.02B-5.41%
2008-03-31$2.13B-1.14%
2007-12-31$2.16B-

TC Energy generated $4.07B in revenue during Q1 2024, up 3.07% compared to the previous quarter, and up 100.64% compared to the same period a year ago.

TC Energy Revenue Breakdown


TC Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
Liquids Pipelines Segment$2.67B$2.37B---
Canadian Natural Gas Pipelines$4.76B$4.47B---
U.S. Natural Gas Pipelines$5.93B$5.03B---
Mexico Natural Gas Pipelines$688.00M$716.00M---
Natural Gas Storage And Other-$87.00M$414.00M$283.00M-
Power and Storage Segment--$412.00M--
Capacity Arrangements And Transportation, Long-Term Contracts---$3.70B$6.00B

TC Energy's latest annual revenue breakdown by segment (product or service), as of Dec 22: U.S. Natural Gas Pipelines (42.22%), Canadian Natural Gas Pipelines (33.90%), Liquids Pipelines Segment (18.99%), and Mexico Natural Gas Pipelines (4.90%).

TC Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Canada Domestic$4.94B$4.60B$4.39B$4.06B$4.19B
UNITED STATES$8.03B$6.95B$6.83B$7.56B$7.80B
Canada Export$1.32B$1.23B$1.06B$1.03B$1.07B

TC Energy's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (56.16%), Canada Domestic (34.59%), and Canada Export (9.25%).

TC Energy Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ETEnergy Transfer LP$78.59B$21.63B
EPDEnterprise Products Partners$49.72B$13.48B
ENBEnbridge$43.65B$11.34B
OKEONEOK$17.68B$4.78B
KMIKinder Morgan$15.33B$3.57B
TRPTC Energy$15.03B$4.07B
WMBWilliams Companies$10.91B$2.46B
MPLXMPLX LP$10.68B$3.05B

TRP Revenue FAQ


TC Energy's yearly revenue for 2023 was $15.03B, representing an increase of 0.35% compared to 2022. The company's yearly revenue for 2022 was $14.98B, representing an increase of 11.88% compared to 2021. TRP's yearly revenue for 2021 was $13.39B, representing an increase of 2.98% compared to 2020.

TC Energy's quarterly revenue for Q1 2024 was $4.07B, a 3.07% increase from the previous quarter (Q4 2023), and a 87.42% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3.95B, a 0.15% increase from the previous quarter (Q3 2023), and a -2.35% decrease year-over-year (Q4 2022). TRP's quarterly revenue for Q3 2023 was $3.94B, a 2.87% increase from the previous quarter (Q2 2023), and a 3.71% increase year-over-year (Q3 2022).

TC Energy's revenue growth rate for the last 3 years (2021-2023) was 12.27%, and for the last 5 years (2019-2023) was 13.38%.

TC Energy's revenue streams in c 22 are Liquids Pipelines Segment, Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, and Mexico Natural Gas Pipelines. Liquids Pipelines Segment generated $2.67B in revenue, accounting 18.99% of the company's total revenue, up 12.53% year-over-year. Canadian Natural Gas Pipelines generated $4.76B in revenue, accounting 33.90% of the company's total revenue, up 6.60% year-over-year. U.S. Natural Gas Pipelines generated $5.93B in revenue, accounting 42.22% of the company's total revenue, up 17.93% year-over-year. Mexico Natural Gas Pipelines generated $688M in revenue, accounting 4.90% of the company's total revenue, down -3.91% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of TC Energy was U.S. Natural Gas Pipelines. This segment made a revenue of $5.93B, representing 42.22% of the company's total revenue.