TransCanada PipeLines Limited 6 (TCPA) Revenue History
Annual and quarterly revenue from 2006 to present
TCPA Revenue Over Time (2006–2019)
TCPA Revenue Growth History
8 of 13 years with positive growth- FY2006 revenue growth
- N/A
- FY2007 revenue growth
- +38.4%
- FY2008 revenue growth
- -21.9%
- FY2009 revenue growth
- +22.5%
- FY2010 revenue growth
- -4.9%
- FY2011 revenue growth
- -4.8%
- FY2012 revenue growth
- +3.7%
- FY2013 revenue growth
- +3.6%
- FY2014 revenue growth
- +6.4%
- FY2015 revenue growth
- -8.0%
- FY2016 revenue growth
- +16.7%
- FY2017 revenue growth
- +13.5%
- FY2018 revenue growth
- -10.5%
- FY2019 revenue growth
- +3.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2021 | $2.56B | +9.2% |
| Q2 2021 | $2.50B | +10.1% |
| Q1 2021 | $2.63B | +12.7% |
| Q3 2020 | $2.34B | +0.9% |
| Q2 2020 | $2.27B | -8.5% |
| Q1 2020 | $2.33B | -10.4% |
| Q4 2019 | $2.47B | -8.4% |
| Q3 2019 | $2.32B | -4.0% |
Multi-year avg. share of annual revenue by fiscal quarter
TCPA Revenue Analysis (2006–2019)
Current Revenue & Growth
As of June 28, 2026, TransCanada PipeLines Limited 6 (TCPA) generated trailing twelve-month (TTM) revenue of $10.02 billion, reflecting solid growth of +9.2% year-over-year. The most recent quarter (Q3 2021) recorded $2.56 billion in revenue, up 2.3% sequentially.
Historical Growth Trajectory
TCPA's 5-year compound annual growth rate (CAGR) stands at +2.5%, indicating moderate growth over time. The 3-year CAGR of +1.8% is below the 5-year average, signalling a growth deceleration in recent years. TransCanada PipeLines Limited 6's highest annual revenue of $10.77 billion was recorded in 2017.
Peer Comparison
Compared to Industrials sector peers — including TRP (+27.2% YoY), ENB (+27.9% YoY), and KMI (+13.1% YoY) — TCPA has underperformed the peer group in revenue growth. Compare TCPA vs TRP →
TCPA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TCPACurrent | $10.0B | +9.2% | +2.5% | 42.5% | |
 TRP | $15.2B | +27.2% | +3.2% | 44.2% | |
 ENB | $65.2B | +27.9% | +10.8% | 16.8% | |
 KMI | $16.9B | +13.1% | +8.1% | 28.4% | |
 WMB | $11.9B | +10.6% | +9.1% | 36.8% | |
 ET | $82.6B | +8.9% | +16.2% | 11.4% |
TCPA Historical Revenue Data (2006–2019)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2019 | $10.02B | +3.9% | $4.82B | 48.1% | $4.26B | 42.5% |
| 2018 | $9.64B | -10.5% | $4.22B | 43.8% | $3.80B | 39.4% |
| 2017 | $10.77B | +13.5% | $4.12B | 38.2% | $3.66B | 34.0% |
| 2016 | $9.49B | +16.7% | $3.59B | 37.8% | $3.18B | 33.5% |
| 2015 | $8.14B | -8.0% | $3.03B | 37.2% | $2.66B | 32.6% |
| 2014 | $8.85B | +6.4% | $3.30B | 37.3% | $2.90B | 32.7% |
| 2013 | $8.32B | +3.6% | $3.16B | 38.0% | $2.74B | 33.0% |
| 2012 | $8.03B | +3.7% | $3.00B | 37.4% | $2.55B | 31.8% |
| 2011 | $7.74B | -4.8% | $3.15B | 40.7% | $2.70B | 34.9% |
| 2010 | $8.13B | -4.9% | $3.63B | 44.7% | $2.71B | 33.4% |
| 2009 | $8.55B | +22.5% | $4.03B | 47.1% | $2.59B | 30.2% |
| 2008 | $6.98B | -21.9% | $2.31B | 33.1% | $2.31B | 33.1% |
| 2007 | $8.94B | +38.4% | $4.68B | 52.3% | $2.70B | 30.1% |
| 2006 | $6.46B | - | $3.48B | 53.9% | $2.01B | 31.2% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
20+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
TCPA — Frequently Asked Questions
Quick answers to the most common questions about buying TCPA stock.
Is TCPA's revenue growth accelerating or slowing?
TCPA revenue growth is holding steady at +9.2% year-over-year. TTM revenue is $10.0B. The current growth rate closely tracks the 5-year CAGR of +2.5%, signalling consistent execution.
What is TCPA's revenue history from 2006 to 2026?
TransCanada PipeLines Limited 6 (TCPA) revenue history spans 2006 to 2026. TTM revenue as of 2026 is $10.0B, growing at +9.2% YoY. The 5-year CAGR is +2.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is TCPA's long-term revenue growth rate (CAGR)?
TransCanada PipeLines Limited 6's 5-year revenue CAGR of +2.5% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +9.2% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for TCPA.
Why does TCPA's quarterly revenue fluctuate?
TCPA quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. TransCanada PipeLines Limited 6's revenue data from 2006 to 2026 shows full historical quarterly detail on this page.
How is TCPA's revenue distributed by segment?
TCPA reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does TCPA's revenue compare to industry peers?
TransCanada PipeLines Limited 6 (TCPA) with TTM revenue of $10.0B and +9.2% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.