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TCPA Financials TRANSCANADA PIPELINES LTD

8 years of revenue, profit, cash flow and balance-sheet history through FY2017, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 10.9% per year over the past 5 years.
  • Net income has grown faster than revenue (18.0% vs 10.9% per year).
  • Operating margin has been roughly flat, at 34.8% in the latest year.

Financial health

  • Total debt ($1.1B) exceeds cash ($1.0B); net debt is $56M.
  • Total debt has grown slower than revenue (-16.0% vs 10.9% per year).
  • Operating income covered interest expense 2.2× in the latest year, down from 2.7× 5 years ago.
  • Total debt is 0.2× EBITDA.

Shareholder returns

  • Dividends have been paid for 8 consecutive years, consuming 68.3% of earnings.
  • The dividend has grown 11.6% per year over the past 5 years.
Revenue & net income
-$1B $6B $13B $0 2010 2011 2012 2013 2014 2015 2016 2017
RevenueNet income
Margins (gross / operating / net)
-10% 15% 40% 0% 2010 2011 2012 2013 2014 2015 2016 2017
GrossOperatingNet
Free cash flow (CFO − capex)
-$2B -$635M $951M $0 2010 2011 2012 2013 2014 2015 2016 2017
Free cash flow
Cash vs total debt
$0 $10B $21B 2010 2011 2012 2013 2014 2015 2016 2017
CashTotal debt
Cash flow: operating / investing / financing
-$19B -$2B $14B $0 2010 2011 2012 2013 2014 2015 2016 2017
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2017 $13.4B $3.1B 0.0% 34.8% -$2.2B $1.1B $1.0B
2016 $12.5B $321M 0.0% 18.4% $149M $850M $967M
2015 $11.4B -$1.1B 0.0% 0.9% $505M $850M $813M
2014 $10.2B $1.8B 0.0% 38.6% $736M $400M $484M
2013 $8.8B $1.8B 0.0% 39.5% -$621M $200M $895M
2012 $8.0B $1.4B 0.0% 35.3% $951M $2.6B $537M
2011 $7.8B $1.5B 0.0% 40.4% $20.5B $629M
2010 $6.9B $1.3B 0.0% 34.8% $648M

Frequently asked questions

Is TCPA growing its revenue and profit?

Over the past 5 years, TRANSCANADA PIPELINES LTD's revenue has grown 10.9% per year, and net income grown 18.0% per year. These are computed facts, not advice.

How much debt does TCPA have?

As of FY2017, TRANSCANADA PIPELINES LTD reported $1.1B of total debt against $1.0B of cash; operating income covered interest expense 2.2×.

What is TCPA's profit margin?

In FY2017, gross margin was —, operating margin 34.8%, and net margin 23.1%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.