TC ENERGY CORPORATION (TRP) Operating Margin
- Operating margin · 12 months: Value 52.73%; Formula and calculation Operating income / revenue. Period ending 2025-12-31..
Operating margin
Overview →Financial period ending 2025-12-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Operating margin · 12 months | 52.73% | Operating income / revenue. Period ending 2025-12-31. 8.04B ÷ 15.24B × 100 ≈ 52.73% |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating income | 8.04B CAD | Operating Income (Loss) |
| Revenue | 15.24B CAD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Cost of products and services | 208.00M CAD | Cost of Goods and Services Sold |
| Research and development | (m) | |
| Selling, general and administration | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Operating income (CAD) | Revenue (CAD) | Cost of products and services (CAD) | Research and development (CAD) | Selling, general and administration (CAD) | Operating margin |
|---|---|---|---|---|---|---|
| 2025-12-31 | 8.04B | 15.24B | 208.00M | (m) | (m) | 52.73% |
| 2024-12-31 | 7.96B | 13.06B | 217.00M | (m) | (m) | 60.97% |
| 2023-12-31 | 6.14B | 14.63B | 517.00M | (m) | (m) | 41.94% |
| 2022-12-31 | 3.63B | 14.11B | 534.00M | (m) | (m) | 25.74% |
| 2021-12-31 | 4.06B | 12.95B | 87.00M | (m) | (m) | 31.34% |
| 2020-12-31 | 6.77B | 12.65B | (m) | (m) | (m) | 53.55% |
| 2019-12-31 | 6.58B | 12.67B | 369.00M | (m) | (m) | 51.97% |
| 2018-12-31 | 5.76B | 12.79B | 1.49B | (m) | (m) | 45.05% |
| 2017-12-31 | 4.68B | 13.45B | (m) | (m) | (m) | 34.83% |
| 2016-12-31 | 2.31B | 12.51B | (m) | (m) | (m) | 18.50% |
| 2015-12-31 | 101.00M | 11.30B | (m) | (m) | (m) | 0.89% |
| 2014-12-31 | 3.93B | 10.19B | (m) | (m) | (m) | 38.60% |
| 2013-12-31 | 3.47B | 8.80B | (m) | (m) | (m) | 39.48% |
| 2012-12-31 | 2.83B | 8.01B | (m) | (m) | (m) | 35.33% |
| 2011-12-31 | 3.17B | 7.84B | (m) | (m) | (m) | 40.40% |
| 2010-12-31 | 2.39B | 6.85B | (m) | (m) | (m) | 34.84% |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.