TransCanada PipeLines Limited 6(TCPA)Earnings, Financials & Key Ratios

TCPA•NYSE

$24.00

$22.34B mkt cap·7.3× P/E·Price updated May 7, 2026

SectorIndustrials IndustryMidstream Oil & Gas Sub-IndustryDiversified Oil and Gas Pipelines

AboutTransCanada PipeLines Ltd. provides pipeline services for the gas and oil industries. It operates through the following segments: Natural Gas Pipelines, Liquids Pipelines and Power and Storage. The company was founded on March 21, 1951 and is headquartered in Calgary, Canada.Show more

Revenue$10.02B+3.9%
EBITDA$6.16B+11.5%
Net Income$3.19B+17.8%
EPS (Diluted)3.29+14.6%
Gross Margin48.11%+10.0%
EBITDA Margin61.48%+7.3%
Operating Margin42.52%+7.8%
Net Margin31.86%+13.4%
ROE13.39%+9.1%
ROIC5.24%+5.1%
Debt/Equity1.56-4.0%
Interest Coverage2.20-4.7%

Analysis→Technical→

TCPA Key Insights

TransCanada PipeLines Limited 6 (TCPA) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Momentum leader: RS Rating 96 (top 4%)
✓High quality earnings: Operating CF exceeds net income
✓Healthy 5Y average net margin of 15.1%
✓Trading near 52-week high
✓Trading at only 0.9x book value

✗Weaknesses

✗Negative free cash flow
✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

TCPA Price & Volume

TransCanada PipeLines Limited 6 (TCPA) stock price & volume — 10-year historical chart

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TCPA Growth Metrics

TransCanada PipeLines Limited 6 (TCPA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.6%

5 Years2.52%

3 Years1.82%

TTM6.68%

Profit CAGR

10 Years9.27%

5 Years14.94%

3 Years137.15%

TTM-58.77%

EPS CAGR

10 Years-

5 Years9.92%

3 Years122.17%

TTM-62.02%

Return on Capital

10 Years6.24%

5 Years6.23%

3 Years6.29%

Last Year6.58%

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
TRPTC Energy CorporationDirect Competitor	67.77B	65.09	27.16	10.29%	23.23%	9.37%	1.65
ENBEnbridge Inc.Direct Competitor	117.81B	53.99	16.77	21.92%	18.1%	18.7%	0.10
KMIKinder Morgan, Inc.Direct Competitor	70.1B	31.51	23	12.45%	18.92%	10.27%	1.00
WMBThe Williams Companies, Inc.Direct Competitor	89.22B	72.95	34.09	13.78%	23.82%	18.98%	1.96
ETEnergy Transfer LPDirect Competitor	68.53B	19.92	14.76	-0.05%	6.21%	11.56%	1.45
EPDEnterprise Products Partners L.P.Direct Competitor	81.56B	37.73	14.18	-6.44%	11.03%	19.29%	1.14
OKEONEOK, Inc.Product Competitor	54.1B	85.87	15.84	55.42%	10.04%	15.86%	1.45
TRGPTarga Resources Corp.Product Competitor	54.26B	252.44	29.63	3.06%	12.98%	70.77%	5.49

Compare TCPA vs Peers

TransCanada PipeLines Limited 6 (TCPA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TRP

Most directly comparable listed peer for TCPA.

Scale Benchmark

vs XOM

Larger-name benchmark to compare TCPA against a more recognizable public peer.

Peer Set

Compare Top 5

vs TRP, ENB, KMI, WMB

TCPA Income Statement

TransCanada PipeLines Limited 6 (TCPA) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'11	Dec'12	Dec'13	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	TTM
Sales/Revenue	7.74B	8.03B	8.32B	8.85B	8.14B	9.49B	10.77B	9.64B	10.02B	10.02B
Revenue Growth %	-4.8%	3.71%	3.61%	6.38%	-8.03%	16.68%	13.48%	-10.48%	3.91%	6.68%
Cost of Goods Sold	4.59B	5.02B	5.15B	5.54B	5.11B	5.9B	6.66B	5.42B	5.2B	5.13B
COGS % of Revenue	59.35%	62.58%	61.97%	62.65%	62.78%	62.16%	61.79%	56.24%	51.89%	-
Gross Profit	3.15B▲ 0%	3B▼ 4.5%	3.16B▲ 5.3%	3.3B▲ 4.5%	3.03B▼ 8.3%	3.59B▲ 18.6%	4.12B▲ 14.6%	4.22B▲ 2.5%	4.82B▲ 14.3%	4.89B▲ 0%
Gross Margin %	40.65%	37.42%	38.03%	37.35%	37.22%	37.84%	38.21%	43.76%	48.11%	48.77%
Gross Profit Growth %	-13.39%	-4.53%	5.27%	4.48%	-8.34%	18.6%	14.61%	2.5%	14.26%	-
Operating Expenses	441.93M	452.95M	418.82M	408.37M	372.18M	413.85M	454.13M	416.61M	560.63M	595.04M
OpEx % of Revenue	5.71%	5.64%	5.04%	4.62%	4.57%	4.36%	4.22%	4.32%	5.59%	-
Selling, General & Admin	0	0	0	0	0	0	0	0	0	0
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	441.93M	452.95M	418.82M	408.37M	372.18M	413.85M	454.13M	416.61M	560.63M	4M
Operating Income	2.7B▲ 0%	2.55B▼ 5.7%	2.74B▲ 7.5%	2.9B▲ 5.5%	2.66B▼ 8.3%	3.18B▲ 19.6%	3.66B▲ 15.2%	3.8B▲ 3.8%	4.26B▲ 12.0%	4.29B▲ 0%
Operating Margin %	34.94%	31.78%	32.99%	32.73%	32.65%	33.48%	34%	39.44%	42.52%	42.83%
Operating Income Growth %	-0.32%	-5.68%	7.55%	5.55%	-8.27%	19.64%	15.24%	3.83%	12.04%	-
EBITDA	4.01B	3.93B	4.14B	4.29B	3.93B	4.62B	5.3B	5.52B	6.16B	6.3B
EBITDA Margin %	51.8%	48.99%	49.8%	48.45%	48.27%	48.71%	49.22%	57.28%	61.48%	62.88%
EBITDA Growth %	-1.64%	-1.92%	5.32%	3.51%	-8.39%	17.75%	14.68%	4.16%	11.54%	6.21%
D&A (Non-Cash Add-back)	1.3B	1.38B	1.4B	1.39B	1.27B	1.45B	1.64B	1.72B	1.9B	2.01B
EBIT	2.79B	2.69B	2.79B	3.52B	230.36M	1.75B	3.66B	4.01B	5.23B	2.52B
Net Interest Income	-999.75M	-966.15M	-936.47M	-931.58M	-1.03B	-1.35B	-1.53B	-1.5B	-1.58B	-1.43B
Interest Income	54.01M	60.26M	67.76M	151.95M	0	97.68M	108.54M	147.17M	354.73M	296.48M
Interest Expense	1.05B	1.03B	1B	1.08B	1.03B	1.44B	1.64B	1.65B	1.94B	1.73B
Other Income/Expense	-565.68M	-625.69M	-391.53M	-457.59M	-3.45B	-2.49B	-1.02B	-911.55M	-260.65M	-2.8B
Pretax Income	2.14B▲ 0%	1.93B▼ 10.0%	2.35B▲ 22.2%	2.44B▲ 3.7%	-795.48M▼ 132.6%	687.52M▲ 186.4%	2.64B▲ 283.8%	2.89B▲ 9.6%	4B▲ 38.3%	1.49B▲ 0%
Pretax Margin %	27.64%	23.99%	28.28%	27.56%	-9.78%	7.24%	24.49%	29.98%	39.92%	14.85%
Income Tax	536.21M	462.99M	569.41M	716.6M	25.2M	260.24M	-71.03M	316.3M	581.45M	17.28M
Effective Tax Rate %	25.07%	24.05%	24.21%	29.39%	-3.17%	37.85%	-2.69%	10.94%	14.54%	1.16%
Net Income	1.5B▲ 0%	1.37B▼ 8.8%	1.68B▲ 23.3%	1.59B▼ 5.5%	-824.99M▼ 151.8%	239.36M▲ 129.0%	2.52B▲ 952.6%	2.71B▲ 7.6%	3.19B▲ 17.8%	1.35B▲ 0%
Net Margin %	19.35%	17.02%	20.25%	17.99%	-10.14%	2.52%	23.39%	28.11%	31.86%	13.5%
Net Income Growth %	18.48%	-8.8%	23.27%	-5.5%	-151.85%	129.01%	952.64%	7.57%	17.79%	-58.77%
Net Income (Continuing)	1.6B	1.46B	1.78B	1.72B	-820.68M	427.28M	2.71B	2.58B	3.42B	1.47B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	1.06B	1.04B	1.33B	1.37B	1.24B	1.29B	1.48B	1.21B	1.26B	97.74M
EPS (Diluted)	2.01▲ 0%	1.82▼ 9.5%	2.22▲ 22.0%	2.05▼ 7.7%	-1.06▼ 151.7%	0.30▲ 128.3%	2.75▲ 816.7%	2.87▲ 4.4%	3.29▲ 14.6%	1.38▲ 0%
EPS Growth %	-	-9.45%	21.98%	-7.66%	-151.71%	128.3%	816.67%	4.36%	14.63%	-62.02%
EPS (Basic)	2.01	1.82	2.22	2.05	-1.06	0.30	2.75	2.87	3.30	-
Diluted Shares Outstanding	732M	738.38M	749.58M	775M	779M	0	881M	918M	931M	979M
Basic Shares Outstanding	732M	738.38M	749.58M	775M	779M	806M	872M	902M	929M	979M
Dividend Payout Ratio	77.7%	91.76%	53.77%	72.98%	-	502.18%	42.41%	42.44%	43.43%	-

TCPA Balance Sheet

TransCanada PipeLines Limited 6 (TCPA) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'11	Dec'12	Dec'13	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	TTM
Total Current Assets	3.78B	3.84B	5.53B	5.56B	4.58B	6B	3.74B	3.76B	5.9B	6.87B
Cash & Short-Term Investments	972.26M	799.44M	1.21B	1.14B	1.32B	1.23B	948.16M	366.82M	1.08B	2.25B
Cash Only	617.73M	539.32M	842.35M	783.08M	1.01B	954.48M	948.16M	366.82M	1.08B	2.25B
Short-Term Investments	354.53M	260.12M	371.76M	353.12M	318.19M	280.38M	264.98M	0	0	0
Accounts Receivable	1.83B	2.12B	3.7B	3.64B	2.79B	1.56B	2.01B	1.97B	1.99B	2.34B
Days Sales Outstanding	86.28	96.55	162.3	150.1	125.21	60.01	68.2	74.66	72.33	80.89
Inventory	243.56M	224.97M	236.24M	252.1M	232.53M	274.41M	301.69M	315.57M	348.56M	585.63M
Days Inventory Outstanding	19.35	16.35	16.73	16.6	16.62	16.97	16.54	21.24	24.47	37.39
Other Current Assets	729.68M	695.99M	383.06M	529.25M	234.68M	2.84B	385.49M	1.07B	2.44B	1.7B
Total Non-Current Assets	43.43B	45.7B	47.76B	47.83B	43.6B	59.57B	64.98B	68.67B	70.66B	75.51B
Property, Plant & Equipment	31.89B	33.86B	35.39B	36.07B	32.26B	40.62B	45.71B	48.69B	50.5B	54.61B
Fixed Asset Turnover	0.24x	0.24x	0.23x	0.25x	0.25x	0.23x	0.24x	0.20x	0.20x	0.19x
Goodwill	3.47B	3.47B	3.48B	3.48B	3.46B	10.41B	10.44B	10.38B	9.94B	9.93B
Intangible Assets	420.33M	377.62M	842.35M	1.35B	1.46B	1.56B	475.68M	769.51M	1.32B	0
Long-Term Investments	5.4B	5.77B	5.7B	5.06B	4.96B	5.46B	6.6B	7.1B	7.33B	33.58B
Other Non-Current Assets	2.13B	2.12B	2.14B	1.73B	1.44B	1.29B	1.5B	1.49B	1.54B	8.19B
Total Assets	47.2B▲ 0%	49.55B▲ 5.0%	53.3B▲ 7.6%	53.39B▲ 0.2%	48.18B▼ 9.8%	65.58B▲ 36.1%	68.72B▲ 4.8%	72.43B▲ 5.4%	76.56B▲ 5.7%	82.39B▲ 0%
Asset Turnover	0.16x	0.16x	0.16x	0.17x	0.17x	0.14x	0.16x	0.13x	0.13x	0.13x
Asset Growth %	-3.88%	4.96%	7.56%	0.18%	-9.75%	36.1%	4.79%	5.4%	5.71%	23.73%
Total Current Liabilities	5.4B	5.9B	6.38B	7.3B	5.48B	7.47B	7.88B	9.48B	9.95B	13.38B
Accounts Payable	683.53M	926.99M	815.06M	1.4B	1.08B	1.82B	2.27B	2.36B	2.56B	3.66B
Days Payables Outstanding	54.32	67.37	57.72	92.33	77.48	112.67	124.6	158.85	179.41	236.91
Short-Term Debt	2.75B	3.18B	4B	4.43B	2.93B	3.71B	3.69B	4.56B	5.45B	8.31B
Deferred Revenue (Current)	0	0	0	0	0	0	13.57M	8.05M	0	283.78M
Other Current Liabilities	1.97B	1.79B	1.54B	1.46B	1.46B	1.94B	1.9B	2.55B	1.95B	1.35B
Current Ratio	0.70x	0.65x	0.87x	0.76x	0.84x	0.80x	0.47x	0.40x	0.59x	0.59x
Quick Ratio	0.65x	0.61x	0.83x	0.73x	0.79x	0.77x	0.44x	0.36x	0.56x	0.56x
Cash Conversion Cycle	51.32	45.53	121.31	74.37	64.35	-35.69	-39.86	-62.96	-82.61	-118.63
Total Non-Current Liabilities	23.13B	24.22B	26.73B	26.51B	28.09B	39.68B	39.37B	40.26B	41.63B	43.37B
Long-Term Debt	18.4B	19.1B	21.6B	20.82B	22.65B	31.5B	31.03B	32.23B	33.08B	34.72B
Capital Lease Obligations	172.85M	0	0	0	0	0	0	0	367.07M	0
Deferred Tax Liabilities	3.53B	3.97B	4.3B	4.55B	3.7B	5.71B	4.31B	4.41B	4.4B	16.76B
Other Non-Current Liabilities	932.97M	1.15B	832.94M	1.14B	1.74B	2.46B	4.03B	3.53B	3.61B	16.8B
Total Liabilities	28.54B	30.12B	33.12B	33.81B	33.57B	47.15B	47.26B	49.73B	51.58B	56.76B
Total Debt	21.32B	22.28B	25.61B	25.25B	25.58B	35.21B	34.73B	36.79B	38.89B	43.03B
Net Debt	20.71B	21.74B	24.77B	24.47B	24.57B	34.25B	33.78B	36.42B	37.81B	40.78B
Debt / Equity	1.14x	1.15x	1.27x	1.29x	1.75x	2.01x	1.62x	1.62x	1.56x	1.56x
Debt / EBITDA	5.32x	5.67x	6.18x	5.89x	6.51x	7.61x	6.55x	6.66x	6.31x	6.83x
Net Debt / EBITDA	5.17x	5.53x	5.98x	5.71x	6.26x	7.41x	6.37x	6.59x	6.14x	6.14x
Interest Coverage	2.57x	2.49x	2.73x	2.67x	2.59x	2.20x	2.23x	2.31x	2.20x	1.46x
Total Equity	18.67B▲ 0%	19.42B▲ 4.1%	20.18B▲ 3.9%	19.58B▼ 3.0%	14.61B▼ 25.4%	17.55B▲ 20.1%	21.46B▲ 22.3%	22.69B▲ 5.7%	24.98B▲ 10.1%	25.63B▲ 0%
Equity Growth %	12.31%	4.05%	3.88%	-2.96%	-25.37%	20.11%	22.29%	5.73%	10.1%	14.29%
Book Value per Share	25.50	26.31	26.92	25.26	18.76	-	24.36	24.72	26.83	26.18
Total Shareholders' Equity	17.61B	18.38B	18.84B	18.21B	13.38B	16.26B	19.98B	21.48B	23.72B	25.53B
Common Stock	13.79B	14.37B	14.31B	14.09B	11.75B	15.65B	16.89B	16.97B	18.81B	20.98B
Retained Earnings	4.48B	4.68B	4.82B	4.84B	2.15B	1.18B	1.3B	2.03B	3.05B	2.78B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-2.05B	0	-879.06M	-1.07B	-675.98M	-715.86M	-1.38B	-443.7M	-1.2B	-1.56B
Minority Interest	1.06B	1.04B	1.33B	1.37B	1.24B	1.29B	1.48B	1.21B	1.26B	97.74M

TCPA Cash Flow Statement

TransCanada PipeLines Limited 6 (TCPA) cash flow — operating, investing & free cash flow history

Line item	Dec'11	Dec'12	Dec'13	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	TTM
Cash from Operations	3.5B	3.56B	3.43B	3.52B	2.99B	4.39B	4.46B	4.89B	5.6B	5.6B
Operating CF Margin %	45.26%	44.37%	41.23%	39.8%	36.75%	46.21%	41.43%	50.69%	55.93%	-
Operating CF Growth %	15.14%	1.66%	-3.72%	2.69%	-15.06%	46.7%	1.74%	9.52%	14.66%	38.77%
Net Income	1.5B	1.37B	1.68B	1.59B	-824.99M	239.36M	2.52B	2.71B	3.19B	1.35B
Depreciation & Amortization	1.3B	1.38B	1.4B	1.39B	1.27B	1.45B	1.64B	1.72B	1.9B	2.01B
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	345.69M	277.19M	528.94M	590.55M	-73.43M	143.17M	-189.95M	85.66M	42.41M	-390.52M
Other Non-Cash Items	152.22M	249.07M	132.71M	111.37M	2.88B	2.37B	711.12M	445.89M	243.69M	2.36B
Working Capital Changes	203.29M	288.24M	-314.35M	-163.18M	-258.44M	187.17M	-217.89M	-74.68M	225.95M	62.37M
Change in Receivables	-33.39M	50.22M	-56.47M	-176.99M	-14.4M	-363.15M	-459.72M	-50.52M	23.91M	0
Change in Inventory	2.95M	27.12M	-28.24M	-23.31M	-2.16M	-64.87M	-30.33M	-35.88M	-32.39M	0
Change in Payables	238.64M	146.63M	-273.88M	339.3M	-114.46M	322.14M	120.52M	-51.25M	271.45M	0
Cash from Investing	-3B	-3.27B	-4.82B	-3.58B	-3.32B	-14.55B	-3.24B	-7.42B	-5.44B	-7.13B
Capital Expenditures	-2.47B	-2.61B	-4.2B	-3.76B	-3.19B	-3.95B	-6.01B	-7.26B	-6.31B	-4.97B
CapEx % of Revenue	31.89%	32.47%	50.49%	42.52%	39.19%	41.65%	55.78%	75.27%	62.97%	-
Acquisitions	0	-214.92M	-203.29M	-38.85M	-169.89M	-10.14B	3.74B	449.55M	1.85B	-118.9M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	90.35M	205.89M	-263.53M	443.77M	395.94M	118.56M	371.92M	128.13M	-518.22M	-477.19M
Cash from Financing	-526.39M	-368.58M	1.7B	-297.86M	483.05M	10.37B	-1.13B	2.01B	534.41M	2.2B
Debt Issued (Net)	123.74M	964.15M	2.05B	758.04M	1.78B	4.77B	849.2M	2.57B	2.02B	5.3B
Equity Issued (Net)	1000K	1000K	1000K	1000K	0	1000K	-1000K	1000K	1000K	4M
Dividends Paid	-1.16B	-1.25B	-1.42B	-1.16B	-1.04B	-1.2B	-1.19B	-1.27B	-1.51B	-2.65B
Share Repurchases	0	0	0	-172.67M	0	0	-961.73M	0	0	0
Other Financing	-2.16B	-349.5M	-137.41M	-681.2M	-257.72M	3.33B	-46.29M	-128.86M	-166.57M	-507.06M
Net Change in Cash	-139.08M▲ 0%	-78.41M▲ 43.6%	303.03M▲ 486.5%	-59.28M▼ 119.6%	223.33M▲ 476.8%	-51.93M▼ 123.3%	-6.31M▲ 87.8%	-581.34M▼ 9107.8%	708.95M▲ 221.9%	769.51M▲ 0%
Free Cash Flow	1.04B▲ 0%	955.11M▼ 7.7%	-769.88M▼ 180.6%	455.86M▲ 159.2%	169.89M▼ 62.7%	653.22M▲ 284.5%	-1.43B▼ 318.8%	-2.01B▼ 40.4%	-159.63M▲ 92.0%	418.11M▲ 0%
FCF Margin %	13.37%	11.9%	-9.26%	5.15%	2.09%	6.88%	-13.27%	-20.82%	-1.59%	4.17%
FCF Growth %	151.09%	-7.73%	-180.61%	159.21%	-62.73%	284.49%	-318.83%	-40.45%	92.05%	150.49%
FCF per Share	1.41	1.29	-1.03	0.59	0.22	-	-1.62	-2.19	-0.17	-0.17
FCF Conversion (FCF/Net Income)	2.34x	2.61x	2.04x	2.21x	-3.62x	18.33x	1.77x	1.80x	1.76x	0.31x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

TCPA Key Ratios

TransCanada PipeLines Limited 6 (TCPA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2011	2012	2013	2014	2015	2016	2017	2018	2019	TTM
Return on Equity (ROE)	8.49%	7.17%	8.5%	8%	-4.83%	1.49%	12.92%	12.28%	13.39%	5.28%
Return on Invested Capital (ROIC)	5.07%	4.75%	4.78%	4.88%	4.79%	5.24%	5.13%	4.99%	5.24%	5.24%
Gross Margin	40.65%	37.42%	38.03%	37.35%	37.22%	37.84%	38.21%	43.76%	48.11%	48.77%
Net Margin	19.35%	17.02%	20.25%	17.99%	-10.14%	2.52%	23.39%	28.11%	31.86%	13.5%
Debt / Equity	1.14x	1.15x	1.27x	1.29x	1.75x	2.01x	1.62x	1.62x	1.56x	1.56x
Interest Coverage	2.57x	2.49x	2.73x	2.67x	2.59x	2.20x	2.23x	2.31x	2.20x	1.46x
FCF Conversion	2.34x	2.61x	2.04x	2.21x	-3.62x	18.33x	1.77x	1.80x	1.76x	0.31x
Revenue Growth	-4.8%	3.71%	3.61%	6.38%	-8.03%	16.68%	13.48%	-10.48%	3.91%	6.68%

TCPA Frequently Asked Questions

TransCanada PipeLines Limited 6 (TCPA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

TransCanada PipeLines Limited 6 (TCPA) reported $10.02B in revenue for fiscal year 2019. This represents a 55% increase from $6.46B in 2006.

TransCanada PipeLines Limited 6 (TCPA) grew revenue by 3.9% over the past year. Growth has been modest.

Yes, TransCanada PipeLines Limited 6 (TCPA) is profitable, generating $1.35B in net income for fiscal year 2019 (31.9% net margin).

Dividend & Returns

Yes, TransCanada PipeLines Limited 6 (TCPA) pays a dividend with a yield of 6.21%. This makes it attractive for income-focused investors.

TransCanada PipeLines Limited 6 (TCPA) has a return on equity (ROE) of 13.4%. This is reasonable for most industries.

TransCanada PipeLines Limited 6 (TCPA) generated $418.1M in free cash flow for fiscal year 2019. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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TransCanada PipeLines Limited 6 (TCPA) financial analysis — history, returns, DCA and operating performance tools

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