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TRP vs. WMB: TC Energy vs. Williams Stock Comparison

How do TC Energy (TRP) and Williams (WMB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

TC Energy (TRP) and Williams (WMB) are both classified in the Oil & Gas Storage & Transportation sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.

Company profile comparison for TC Energy (TRP) and Williams (WMB)
Profile ItemTRPWMB
NameTC Energy CorporationThe Williams Companies, Inc.
Country/RegionCanadaUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Storage & TransportationOil & Gas Storage & Transportation
Market Capitalization64.51 billion USD80.11 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateSeptember 20, 1982December 31, 1981
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

TRP
WMB
GSPC
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TC Energy (TRP) vs. Williams (WMB), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for TC Energy (TRP) and Williams (WMB). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for TC Energy (TRP) and Williams (WMB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
Total Return (1Y)24.67%14.81%
Total Return (3Y, Annualized)26.02%28.70%
Total Return (5Y, Annualized)9.85%23.72%

Risk Profile

Drawdown History

TRP
WMB
GSPC
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TC Energy (TRP) vs. Williams (WMB), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for TC Energy (TRP) and Williams (WMB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
Volatility (1Y, Annualized)19.39%26.38%
Beta (5Y)0.640.65
Max Drawdown (5Y)-38.98%-23.01%
Avg. Volume (3M)2.56M7.88M

Risk-Adjusted Performance

Risk-Return Positioning

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TRP and WMB are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
Sharpe Ratio (1Y)1.050.40
Sortino Ratio (1Y)1.610.56

Profitability

ROE (TTM)

Both TC Energy (TRP) at 12.15% and Williams (WMB) at 18.31% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

TRP

Energy industry group

12.15%

Max
53.85%
Q3
24.79%
Median
12.85%
TRP
12.15%
Q1
2.03%
Min
-29.09%

WMB

Energy industry group

18.31%

Max
53.85%
Q3
24.79%
WMB
18.31%
Median
12.85%
Q1
2.03%
Min
-29.09%
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TC Energy (TRP) vs. Williams (WMB): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both TC Energy (TRP) at 25.05% and Williams (WMB) at 24.66% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

TRP

Energy industry group

25.05%

Max
56.92%
TRP
25.05%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

WMB

Energy industry group

24.66%

Max
56.92%
WMB
24.66%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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TC Energy (TRP) vs. Williams (WMB): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

TC Energy (TRP) at 41.66% operates in the top operating margin quartile, ahead of Williams (WMB) at 32.69%, which runs around its industry’s norm.

TRP

Energy industry group

41.66%

Max
71.31%
TRP
41.66%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%

WMB

Energy industry group

32.69%

Max
71.31%
Q3
33.75%
WMB
32.69%
Median
18.73%
Q1
6.94%
Min
-24.52%
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TC Energy (TRP) vs. Williams (WMB): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
ROE (TTM)12.15%18.31%
ROA (TTM)3.70%4.59%
Net Margin (TTM)25.05%24.66%
Operating Margin (TTM)41.66%32.69%
Gross Margin (TTM)70.07%63.05%

Growth

Revenue Growth

Both TC Energy (TRP) at 10.66% and Williams (WMB) at 13.78% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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TC Energy (TRP) vs. Williams (WMB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both TC Energy (TRP) at -26.19% and Williams (WMB) at 17.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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TC Energy (TRP) vs. Williams (WMB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
Revenue Growth (YoY)10.66%13.78%
Revenue Growth (3Y CAGR)7.38%2.91%
EPS Growth (YoY)-26.19%17.58%
EPS Growth (3Y CAGR)72.24%8.62%

Financial Strength

Current Ratio (MRQ)

Both TC Energy (TRP) at 0.57 and Williams (WMB) at 0.75 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

TRP

Energy industry group

0.57

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
TRP
0.57
Min
0.24

WMB

Energy industry group

0.75

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
WMB
0.75
Min
0.24
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TC Energy (TRP) vs. Williams (WMB): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both TC Energy (TRP) at 1.68 and Williams (WMB) at 1.58 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.

TRP

Energy industry group

1.68

Max
1.75
TRP
1.68
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00

WMB

Energy industry group

1.58

Max
1.75
WMB
1.58
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00
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TC Energy (TRP) vs. Williams (WMB): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
Current Ratio (MRQ)0.570.75
Debt / Equity (MRQ)1.681.58
Net Debt / EBITDA6.084.58

Dividends

Dividend Yield (TTM)

TC Energy (TRP) at 5.57% delivers top-quartile income for its industry, while Williams (WMB) at 3.23% pays a more typical yield — both are credible income propositions, TRP the richer one.

TRP

Energy industry group

5.57%

Max
8.57%
TRP
5.57%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%

WMB

Energy industry group

3.23%

Max
8.57%
Q3
3.58%
WMB
3.23%
Median
1.71%
Q1
0.00%
Min
0.00%
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TC Energy (TRP) vs. Williams (WMB): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both TC Energy (TRP) at 93.87% and Williams (WMB) at 81.69% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

TRP

Energy industry group

93.87%

Max
133.24%
TRP
93.87%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%

WMB

Energy industry group

81.69%

Max
133.24%
WMB
81.69%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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TC Energy (TRP) vs. Williams (WMB): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
Dividend Yield (TTM)5.57%3.23%
Dividend Payout Ratio (TTM)93.87%81.69%

Valuation

P/E Ratio (TTM)

Both TC Energy (TRP) at 23.19 and Williams (WMB) at 25.23 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

TRP

Energy industry group

23.19

Max
39.54
TRP
23.19
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99

WMB

Energy industry group

25.23

Max
39.54
WMB
25.23
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
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TC Energy (TRP) vs. Williams (WMB): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: TC Energy (TRP) at 4.03 sits in the upper P/S ratio quartile, and Williams (WMB) at 6.32 prices even higher, above its industry range.

TRP

Energy industry group

4.03

Max
5.40
TRP
4.03
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00

WMB

Energy industry group

6.32

WMB
6.32
Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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TC Energy (TRP) vs. Williams (WMB): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: TC Energy (TRP) at 3.54 sits in the upper P/B ratio quartile, and Williams (WMB) at 5.11 prices even higher, above its industry range.

TRP

Energy industry group

3.54

Max
4.21
TRP
3.54
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01

WMB

Energy industry group

5.11

WMB
5.11
Max
4.21
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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TC Energy (TRP) vs. Williams (WMB): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for TC Energy (TRP) and Williams (WMB)
MetricTRPWMB
P/E Ratio (TTM)23.1925.23
P/S Ratio (TTM)4.036.32
P/B Ratio (MRQ)3.545.11
Free Cash Flow Yield (TTM)0.77%-3.56%