TC Energy Corp (TO:TRP) — Market Cap & Net Worth
Market Cap & Net Worth: TC Energy Corp (TRP)
TC Energy Corp (TO:TRP) has a market capitalization of $64.03 Billion (CA$88.51 Billion) as of September 16, 2026. Listed on the TO stock exchange, this Canada-based company holds position #443 globally and #18 in its home market, demonstrating a -1.81% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying TC Energy Corp's stock price CA$84.96 by its total outstanding shares 1041766896 (1.04 Billion). Also see TRP total assets for a full breakdown of the balance sheet.
TC Energy Corp Market Cap History: 2015 to 2026
TC Energy Corp's market capitalization history from 2015 to 2026. Data shows growth from $18.84 Billion to $64.03 Billion (12.18% CAGR). Also see TC Energy Corp cash conversion from operations for how efficiently the company converts equity into cash flow.
Index Memberships
TC Energy Corp is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.86 Trillion | 1.66% | #18 of 225 |
Weight: TC Energy Corp's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
TC Energy Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how TC Energy Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check latest TC Energy Corp stock price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
3.75x
TC Energy Corp's market cap is 3.75 times its annual revenue
Latest Price to Earnings (P/E) Ratio
16.19x
TC Energy Corp's market cap is 16.19 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $26.32 Billion | $12.55 Billion | $233.00 Million | 2.10x | 112.95x |
| 2017 | $27.72 Billion | $13.45 Billion | $3.16 Billion | 2.06x | 8.78x |
| 2018 | $23.31 Billion | $13.68 Billion | $3.70 Billion | 1.70x | 6.30x |
| 2019 | $34.74 Billion | $13.26 Billion | $4.14 Billion | 2.62x | 8.39x |
| 2020 | $27.65 Billion | $13.00 Billion | $4.62 Billion | 2.13x | 5.99x |
| 2021 | $33.42 Billion | $13.39 Billion | $1.96 Billion | 2.50x | 17.09x |
| 2022 | $32.49 Billion | $12.31 Billion | $748.00 Million | 2.64x | 43.44x |
| 2023 | $33.71 Billion | $13.27 Billion | $2.92 Billion | 2.54x | 11.54x |
| 2024 | $50.48 Billion | $13.77 Billion | $4.70 Billion | 3.67x | 10.75x |
| 2025 | $56.96 Billion | $15.20 Billion | $3.52 Billion | 3.75x | 16.19x |
Competitor Companies of TRP by Market Capitalization
Companies near TC Energy Corp in the global market cap rankings as of September 16, 2026. Review tangible net worth ratio of TC Energy Corp to assess the quality of the company's equity after excluding intangible assets.
Key companies related to TC Energy Corp by market ranking:
- Enbridge Inc (TO:ENB): Ranked #236 globally with a market cap of $106.49 Billion USD ( CA$147.21 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #302 globally with a market cap of $87.60 Billion USD.
- MPLX LP (NYSE:MPLX): Ranked #459 globally with a market cap of $59.28 Billion USD.
- Enterprise Products Partners LP (NYSE:EPD): Ranked #327 globally with a market cap of $82.04 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #236 | Enbridge Inc | TO:ENB | $106.49 Billion | CA$67.40 |
| #302 | Williams Companies Inc | NYSE:WMB | $87.60 Billion | $71.63 |
| #459 | MPLX LP | NYSE:MPLX | $59.28 Billion | $58.42 |
| #327 | Enterprise Products Partners LP | NYSE:EPD | $82.04 Billion | $38.81 |
TC Energy Corp Historical Marketcap From 2015 to 2026
Between 2015 and today, TC Energy Corp's market cap moved from $18.84 Billion to $ 64.03 Billion, with a yearly change of 12.18%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$64.03 Billion | +12.41% |
| 2025 | CA$56.96 Billion | +12.82% |
| 2024 | CA$50.48 Billion | +49.74% |
| 2023 | CA$33.71 Billion | +3.76% |
| 2022 | CA$32.49 Billion | -2.77% |
| 2021 | CA$33.42 Billion | +20.86% |
| 2020 | CA$27.65 Billion | -20.40% |
| 2019 | CA$34.74 Billion | +49.00% |
| 2018 | CA$23.31 Billion | -15.90% |
| 2017 | CA$27.72 Billion | +5.33% |
| 2016 | CA$26.32 Billion | +39.68% |
| 2015 | CA$18.84 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of TC Energy Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $64.03 Billion USD |
| MoneyControl | $64.03 Billion USD |
| MarketWatch | $64.03 Billion USD |
| marketcap.company | $64.03 Billion USD |
| Reuters | $64.03 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About TC Energy Corp
TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply bas… Read more