How TC Energy Corporation stacks up

TRP · against 196 other Energy companies listed in US-listed

Profitability

88/ 100

Near the top of its peers.

Ranked #25 of 197 · scores higher than 87% of peers

Bars: peers in each 10-point band of the profitability score

20 peers with a profitability score of 80–89, including TRP · Click a bar to see the companies

Why profitability scores 88?

Weighted metrics compared with all Energy companies.

Mainly thanks to its operating margin and return on invested capital, which are stronger than most Energy peers.

a lower return on assets: weaker than 61% of peers. Return on assets: 3.0% vs peer median 4.4%
a higher return on invested capital: stronger than 85% of peers. Return on invested capital: 23.4% vs peer median 9.3%
a wider operating margin: stronger than 96% of peers. Operating margin: 52.7% vs peer median 11.7%

Metric by metric

Position: dot = TRP, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.

Metric	TRP	Peer median	Better than	Weight
Return on invested capitalHigher is better · 190 reported	23.4%	9.2%	89%	33%
Operating marginHigher is better · 193 reported	52.7%	13.4%	95%	33%
Return on assetsHigher is better · 194 reported	3.0%	4.4%	41%	33%
Return on equityHigher is better · 190 reported	11.8%	11.8%	50%	Context only
Gross marginHigher is better · 197 reported	69.5%	41.2%	81%	Context only

Ranking by profitability score

Top 5 and the companies ranked around TRP

Rank	Company	Market cap	Profitability	Overall
1	Texas Pacific Land CorporationTPL · US-listed	18.8B USD	100	72
2	Natural Resource Partners L.P.NRP · US-listed	1.6B USD	99	61
2	Permian Basin Royalty TrustPBT · US-listed	1.3B USD	99	59
2	Sabine Royalty TrustSBR · US-listed	960M USD	99	72
5	Black Stone Minerals, L.P.BSM · US-listed	3.1B USD	98	66
⋯
22	Canadian Natural Resources LimitedCNQ · US-listed	100.8B USD	90	62
22	EOG Resources, Inc.EOG · US-listed	76.0B USD	90	78
22	SandRidge Energy, Inc.SD · US-listed	468M USD	90	85
25	MPLX LPMPLX · US-listed	57.3B USD	88	51
25	TC Energy CorporationTRP · US-listed	65.2B USD	88	45
27	Petróleo Brasileiro S.A. - PetrobrasPBR · US-listed	121.2B USD	87	60
27	Riley Exploration Permian, Inc.REPX · US-listed	870M USD	87	70
27	Range Resources CorporationRRC · US-listed	11.7B USD	87	68
30	Kimbell Royalty Partners, LPKRP · US-listed	1.9B USD	86	76

Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score

Bringing the fundamentals into focus…