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Transcanada Pipelines Ltd (TCPA)

Transcanada Pipelines Ltd reported revenue of CA$13.4B in fiscal 2017, up 7.2% from a year earlier. Net income was CA$3.1B, a net margin of 23.1%. In fiscal 2017 capital spending exceeded operating cash flow by CA$2.2B. At December 31, 2017 it held CA$1B in cash against CA$34.7B of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on February 13, 2026.

Revenue (FY2017)
CA$13.4B
+7.2% year on year
Net margin
23.1%

What Transcanada Pipelines Ltd does

Transcanada Pipelines Ltd is registered with the SEC under industry code SIC 4922 (Natural Gas Transmission). Its shares trade on NYSE under the ticker TCPA.

Revenue and profit by year

Revenue
FY10: CA$6.9B CA$6.9B FY10FY12: CA$7.8B CA$7.8B FY12FY12: CA$8B CA$8B FY12FY13: CA$8.8B CA$8.8B FY13FY14: CA$10.2B CA$10.2B FY14FY15: CA$11.4B CA$11.4B FY15FY16: CA$12.5B CA$12.5B FY16FY17: CA$13.4B CA$13.4B FY17
Net income
FY10: CA$1.3B CA$1.3B FY10FY12: CA$1.5B CA$1.5B FY12FY12: CA$1.4B CA$1.4B FY12FY13: CA$1.8B CA$1.8B FY13FY14: CA$1.8B CA$1.8B FY14FY15: -CA$1.1B -CA$1.1B FY15FY16: CA$321M CA$321M FY16FY17: CA$3.1B CA$3.1B FY17

Fiscal years as reported in annual reports. Amounts in CAD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2017CA$13.4BCA$4.7BCA$3.1Bn/a-CA$2.2B
2016CA$12.5BCA$2.3BCA$321Mn/aCA$149M
2015CA$11.4BCA$101M-CA$1.1Bn/aCA$505M
2014CA$10.2BCA$3.9BCA$1.8Bn/aCA$736M
2013CA$8.8BCA$3.5BCA$1.8Bn/a-CA$621M
2012CA$8BCA$2.8BCA$1.4Bn/aCA$951M

Full financial statements: income, balance sheet and cash flow

Dividends

It paid out CA$2.1B in cash dividends, 68% of its net income.

Fiscal yearPer sharePaid outOf profit
2017n/aCA$2.1B68%
2016n/aCA$1.6B502%
2015n/aCA$1.4Bn/a
2014n/aCA$1.3B73%
2013n/aCA$1.3B72%
2012n/aCA$1.2B90%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Transcanada Pipelines Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. July 30, 2026
  2. July 30, 2026
  3. May 1, 2026
  4. May 1, 2026
  5. April 15, 2026
  6. April 15, 2026
  7. April 15, 2026
  8. April 14, 2026
  9. March 20, 2026
  10. February 13, 2026

Recent insider filings (Forms 3, 4 and 144): 8, the latest on February 22, 2017. Insider transactions on SEC

All filings on SEC EDGAR

Questions about TCPA

What does Transcanada Pipelines Ltd do?

Transcanada Pipelines Ltd is registered with the SEC under industry code SIC 4922 (Natural Gas Transmission). Its shares trade on NYSE under the ticker TCPA.

Is Transcanada Pipelines Ltd profitable?

Yes. In fiscal 2017 it reported net income of CA$3.1B on revenue of CA$13.4B, a net margin of 23.1%.

How much revenue does Transcanada Pipelines Ltd make?

In fiscal 2017 Transcanada Pipelines Ltd reported revenue of CA$13.4B. That is 7.2% more than a year earlier.

When did Transcanada Pipelines Ltd last report?

Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on February 13, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from July 30, 2026.

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Where the numbers come from

Financial figures are the values Transcanada Pipelines Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.