TRPNEUTRAL

Gross Margin

52.5%

Higher than 82% of Energy sector peers

Updated 166h ago

Sector Performance

82th percentile

TRP

52.5%

Sector Median

32.4%

Sector Avg

39.3%

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Deep Analysis

TC Energy’s gross margin of 52.5% means that for every dollar of revenue, the company keeps 52.5 cents after paying the direct costs of producing its energy products.

This is well above the Energy sector median of 32.9%, placing TC Energy in the 75th percentile among its peers. The year-over-year change, quarter-over-quarter change, and trend direction over the last eight quarters are all listed as N/A, with only a single historical value of 52.5% available. The combination of a high current margin and no trend data limits the ability to assess whether the advantage is stable, improving, or eroding, which introduces uncertainty about future performance. This metric supports the overall NEUTRAL verdict because the strong level suggests cost efficiency, but the absence of trend information prevents a clear bullish or bearish signal.

Frequently Asked Questions

What does the Gross Margin tell investors about TRP?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

How does TRP's Gross Margin compare to its sector?

TRP's Gross Margin of 52.5% compares to a Energy sector median of 32.4%, placing it in the 82th percentile.

Who are TRP's closest peers by Gross Margin?

The closest Energy peers by Gross Margin include: NOG (32.9%), CVE (31.8%), LNG (31.7%), PXD (34.2%), RUN (30.4%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.