TC Energy Corporation TRP.TO TSX

TC Energy Corporation (TRP.TO) generated $7.35B in operating cash flow for fiscal year 2025. After capital expenditures of $5.27B, free cash flow was $2.08B.

Free cash flow margin was 13.7% of revenue. Cash conversion ratio was 1.97x, indicating earnings are backed by cash.

The company returned $3.51B in dividends and $250M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (84/100, Pass) — $2.08B (13.7% FCF margin) supports a durable competitive advantage
• INCOME (85/100) — Cash conversion ratio was 1.97x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 67/100 with 5/7 criteria passed.