Tc Pipelines Lp's ROA from the fourth quarter of 2020 to the fourth quarter of 2019 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Tc Pipelines Lp's ROA in the fourth quarter of 2020?
Tc pipelines lp achieved a return on average assets (ROA) of 9.89 % in its fourth quarter of 2020, which is below Tc Pipelines Lp's average return on assets, which stands at 10.55%.

ROA fell compared to the third quarter of 2020, despite the net income growth of 14.71% from the third quarter of 2020.

However, within the Utilities sector 11 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2020 from 487 to 623.

What is ROA?

Select the Comparisons :

None ▼

Select the Ratio:

Return on Assets ROA▼

None ▼

Return on Assets ROA▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

Return On Assets	(Dec 31 2020) IV. Quarter	(Sep 30 2020) III. Quarter	(Jun 30 2020) II. Quarter	(Mar 31 2020) I. Quarter	(Dec 31 2019) IV. Quarter
Y / Y Total Assets Change	10.23 %	10.7 %	7.65 %	-0.03 %	-1.59 %
Y / Y Net Income Change	-4.88 %	15.25 %	7.02 %	-6 %	-
Net Income (TTM) in million	301	305	296	292	298
Return On Assets (TTM)	9.89 %	10.26 %	10.22 %	10.27 %	10.48 %
TCP's Total Ranking	# 623	# 487	# 469	# 502	# 604
Total Assets (TTM) in million	3,145	3,124	3,013	2,898	2,853
Seq. Total Assets Change	0.67 %	3.68 %	3.97 %	1.58 %	1.1 %
Seq. Net Income Change	14.71 %	11.48 %	-35.11 %	14.63 %	38.98 %

TCP's 5 Years Annual ROA >> Back to TCP Management Effectiveness >> Compare TCP ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 7
Sector	# 12
Overall	# 615

Return On Assets Statistics
High	Average	Low
80.18 %	10.55 %	-6.69 %
(Sep 30 2011)		(Sep 30 2019)

Financial Statements
Tc Pipelines Lp's Assets	$ 3,145 million	TCP's Balance sheet
Tc Pipelines Lp's Income	$ 78 million	Quarterly TCP's Income Statement
TCP's Income by Division		See TCP's Income by Division

Annual Return On Assets	(Dec 31 2020) FY 2020	(Dec 31 2019) FY 2019	(Dec 31 2018) FY 2018	(Dec 31 2017) FY 2017	(Dec 31 2016) FY 2016
Y / Y Total Assets Change	10.23 %	-1.59 %	-18.54 %	12.7 %	0.8 %
Total Assets in million	3,145	2,853	2,899	3,559	3,158
Y / Y Net Income Change	1.01 %	-	-	-62.37 %	1739.47 %
Net Income in million	301	298	-165	263	699
Annual Return On Assets	9.57 %	10.45 %	-5.69 %	7.39 %	22.13 %

TCP's 5 Years Annual ROA >> Back to TCP Management Effectiveness >> Compare TCP ROA to its Competitors

Comment on TCP's ROA in the fiscal year ending 2020

In the fiscal year 2020 ROA deteriorated to 9.57 %, despite annual net income growth of 1.01 % to $301.00 million, from $298.00 million a year ago, as TCP's assets increase to $3,145.00 million, by 1.01 %.

More Return On Assets Ratios
TCP's' Return on Assets at Yahoo Finance
Natural Gas Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
TCP's Roa Ratio versus Natural Gas Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for TCP's Competitors
Subscribers only: Roa for Tc Pipelines Lp's Suppliers
Subscribers only: Return On Assets for TCP's Customers

You may also want to know
TCP's Roi	TCP's Inventory Turnover Ratio	TCP's Growth Rates	TCP's Dividend Comparisons
	TCP's Profitability Ratios	TCP's Asset Turnover Ratio	TCP's Dividend Growth
TCP's Roe	TCP's Valuation Ratios	TCP's Financial Strength Ratios	TCP's Dividend Payout Ratio

Companies with similar Return On Assets at Dec 31 2020, within Utilities Sector	ROA
Bp Midstream Partners Lp	25.78 %
Shell Midstream Partners L.p.	24.32 %
Kenon Holdings Ltd	20.31 %
Axia Energia S a	18.54 %
Via Renewables Inc	18.32 %
Delek Logistics Partners Lp	16.62 %
Ultrapar Holdings Inc	13.29 %
Phillips 66 Partners Lp	11.24 %
Central Puerto S a	10.31 %
Companhia De Saneamento Basico Do Estado De Sao Paulo sabesp	10.03 %
Magellan Midstream Partners L p	10.02 %
Tc pipelines lp	9.89 %
Genie Energy Ltd	9.79 %
Atlantic Power Corporation	8.60 %
Energy Co Of Parana	8.49 %
Holly Energy Partners Lp	8.20 %
Rattler Midstream Lp	8.18 %
Summit Midstream Partners Lp	7.05 %
Berkshire Hathaway Energy Company	6.35 %
Transcontinental Gas Pipe Line Company Llc	6.33 %
Cheniere Energy Partners L p	6.19 %
Enterprise Products Partners L p	6.17 %
Sempra	6.07 %
Transmontaigne Partners llc	5.35 %
Energy Co Of Minas Gerais	5.30 %
American States Water Co	5.03 %
Kinetik Holdings Inc	4.84 %
Tc Energy Corporation	4.66 %
Ugi Corporation	4.46 %
Equitrans Midstream Corporation	4.38 %

Date modified: 2026-06-22T14:32:21+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.