TC PipeLines Revenue, Profits - TCP Quarterly Income Statement

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$32.32 $0.5 (1.52%) TCP stock closing price Aug 15, 2018 (Closing)

Looking at financial statements, along with the TC PipeLines stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue decrease to $111M for 2018 Q2 impacts the TCP stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses as shown in the TC PipeLines profit and loss statement for 2018 Q2 total to $32M. This line item shows that the operating expenses has decreased compared with last year. Also check: TC PipeLines assets and TC PipeLines free cash flow.

View and download details of revenue and profits for TC PipeLines for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
TC PipeLines Revenues or Net Sales
111M115M109M100M101M89M91M91M89M86M
Cost Of Goods Sold (COGS)17M16M22M16M17M12M14M14M12M10M
TC PipeLines Gross Profit
94M99M110M84M84M77M77M77M77M76M
Research & Development Expense----------
Selling General & Admin Expense8M8M12M8M9M7M7M5M7M7M
Income Before Depreciation Depletion Amortization86M91M98M76M75M70M70M72M70M69M
Depreciation Depletion Amortization24M24M25M25M25M22M22M21M22M21M
Non Operating Income36M59M30M27M24M43M28M24M22M42M
Interest Expense23M23M24M23M19M16M17M17M16M17M
TC PipeLines Pretax Income
75M103M79M55M55M75M59M58M54M73M
Provision for Income Taxes-1M1M-------
MinorityInterest2M6M10M1M------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations75M96M66M54M55M75M60M43M53M73M
Extraordinary Items & Discontinued Operations----------
TC PipeLines Profit/ Loss (Net Income)
73M96M66M54M55M75M60M43M53M73M
Average Shares used to compute Diluted EPS-71.2M70M69.4M68.9M68.6M67M66.1M65.5M64.4M
Average Shares used to compute Basic EPS-71.2M70M69.4M68.9M68.3M67M66.1M65.5M64.4M
Income Before Nonrecurring Items-96M66M54M55M75M60M43M53M73M
Income from Nonrecurring Items----------
TC PipeLines Earnings Per Share Basic Net
1.001.320.770.610.731.050.700.650.761.10
TC PipeLines Earnings Per Share Diluted Net
1.001.320.770.610.731.050.700.650.761.10
EPS Diluted Before Nonrecurring Items-1.320.770.610.731.050.700.650.761.10
Preferred Dividends Acc Pd----------
Dividends Common46.3571.3170.60-------
Dividend Per Share Common0.651.001.001.000.940.940.940.940.890.89
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on TC PipeLines stock analysis. It helps to look at the following income statement items:

  • Revenue: This is the inflow that is generated from the sale of goods or services and is $111M for this quarter of 2018 Q2. Our TC PipeLines revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. TCP stock had a poor bottom line growth.

The income statement is also called the profit and loss statement. Apart from the TCP income statement, one can check the TC PipeLines historical stock prices to check how the price has moved with time.

TC PipeLines Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
8.87
PS Ratio (price sales ratio)
5.37
Operating Margin
58.3
Net Profit Margin
83.5
Dividend Yield
11.12%