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Largest Canadian Companies by Market Capitalization — Utilities

Complete ranking of Canada's largest publicly traded companies by market cap. Filter by exchange and sector.

Updated October 2, 202675 companiesTotal market cap $853.8B

Showing 75 companies (CDRs hidden)

RankCompanySymbolRevenue (TTM)P/E RatioMarket Cap
1Constellation Energy CorpCEG:US$31.3B24.8$90.0B
2American Electric Power Co IncAEP:US$22.8B20.9$65.2B
3Xcel Energy IncXEL:US$14.6B19.3$44.0B
4Exelon CorporationEXC:US$25.3B14.9$41.6B
5Brookfield Infrastructure Partners L.PBIP-UN:TO$25.1B57.6$40.1B
6Fortis IncFTS:TO$12.4B22.1$38.4B
7Fortis Inc Pref HFTS-PH:TO$12.4B7.9$37.3B
8Fortis Inc Pref MFTS-PM:TO$12.4B9.7$35.0B
9Fortis Inc Pref IFTS-PI:TO$12.4B7.9$34.9B
10Hydro One LtdH:TO$9.5B21.4$30.3B
11Fortis Srs J Cum Red First PrfFTS-PJ:TO$12.4B8.1$23.7B
12Fortis 1St Cum Red Srs F PrfFTS-PF:TO$12.4B8.3$23.4B
13Emera Inc.EMA:TO$8.9B21.6$20.9B
14Emera Inc Pref AEMA-PA:TO$8.9B9.8$20.8B
15Emera Inc Pref FEMA-PF:TO$8.9B11.3$19.6B
16Brookfield Renewable Partners L.PBEP-UN:TO$6.4B-$19.5B
17Evergy, Inc.EVRG:US$6.1B20.0$18.2B
18Emera Srs C Cum Rr PrfEMA-PC:TO$8.9B11.3$18.1B
19Brookfield Renewable Partners LP Series 13 Pref Class ABEP-PM:TO$6.4B-$16.8B
20Alliant Energy CorpLNT:US$4.4B20.4$16.4B
21Talen Energy CorporationTLN:US$3.7B-$14.8B
22Emera IncEMA-PH:TO$8.9B11.3$14.1B
23Canadian Utilities LimitedCU:TO$3.8B318.8$13.9B
24Canadian Utilities Ltd Pref FCU-PF:TO$3.8B12.9$10.4B
25Canadian Utilities Ltd Pref HCU-PH:TO$3.8B15.6$10.4B
26Brookfield Infrastructure Partners LP Pref ABIP-PE:TO$25.1B16.9$10.2B
27Brookfield Infrastructure Partners Pref Class ABIP-PF:TO$25.1B16.9$10.2B
28Canadian Util Bb Cum Red Sec PrfCU-PE:TO$3.8B13.6$10.2B
29Enlight Renewable Energy Ltd. Ordinary SharesENLT:US$585M113.8$9.7B
30Capital Power CorporationCPX:TO$4.1B107.8$9.6B
31ATCO LtdACO-X:TO$5.3B45.5$8.2B
32Brookfield Renewable CorpBEPC:TO$3.8B-$7.5B
33Capstone Infrastructure CorpCSE-PA:TO$270M1079.5$6.8B
34Brookfield Infrastructure CorpBIPC:TO$3.7B-$6.3B
35Northland Power Inc.NPI:TO$2.6B-$5.9B
36Algonquin Power & Utilities CorpAQN:TO$2.5B21.1$5.5B
37TransAlta CorpTA:TO$2.3B-$5.5B
38Transalta A Cum Red Rat Rst PrfTA-PD:TO$2.3B-$4.9B
39NorthWestern CorporationNWE:US$1.7B24.7$4.2B
40Fervo Energy Company Class A common stockFRVO:US$312,000-$4.0B
41TransAlta Corp Pref JTA-PJ:TO$2.3B-$3.9B
42Boralex IncBLX:TO$898M-$3.8B
43Otter Tail CorporationOTTR:US$1.3B19.3$3.7B
44MGE Energy IncMGEE:US$752M17.1$2.6B
45H2O AmericaHTO:US$829M21.7$2.6B
46Renew Energy Global PLCRNW:US$137.8B22.1$2.5B
47Superior Plus CorpSPB:TO$2.4B679.0$1.5B
48Middlesex Water CompanyMSEX:US$206M20.5$988M
49Tidewater Renewables LtdLCFS:TO$371M0.0$879M
50Caribbean Utilities Company LtdCUP-U:TO$290M12.4$623M
51Terrestrial Energy IncIMSR:US$-1,038-$495M
52The York Water CompanyYORW:US$83M19.0$486M
53Consolidated Water Co LtdCWCO:US$128M27.4$461M
54Montauk Renewables IncMNTK:US$189M54.6$389M
55Artesian Resources CorporationARTNA:US$117M14.6$340M
56Cadiz IncCDZI:US$12M-$313M
57OPAL Fuels IncOPAL:US$340M-$306M
58Polaris Infrastructure IncPIF:TO$78M50.7$286M
59Maxim Power Corp.MXG:TO$76M28.0$267M
60Pure Cycle CorporationPCYO:US$34M17.9$262M
61Global Water Resources IncGWRS:US$60M72.3$229M
62RGC Resources IncRGCO:US$107M16.0$225M
63AleAnna, Inc. Class A Common StockANNA:US$40M13.9$108M
64Green Impact Partners IncGIP:V$117M-$50M
65Verde Clean Fuels Inc.VGAS:US--$49M
66Westbridge Energy CorporationWEB:V--$33M
67GridAI Technologies Corp.GRDX:US--$26M
68Greenbriar Capital CorpGRB:V--$23M
69PowerBank CorporationPBK:US$27M-$18M
70Fusion Fuel Green PLCHTOO:US$14M-$16M
71RE Royalties LtdRE:V$-2,501,952-$15M
72EverGen Infrastructure CorpEVGN:V$14M-$14M
73CF Energy CorpCFY:V$430M1.3$6M
74Forward Water Technologies CorpFWTC:V$91,626-$2M
75Alaska Hydro CorporationAKH-H:V-0.0$1M

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Frequently Asked Questions

Which Canadian company ranks #1 by market cap in Utilities?

As of October 2, 2026, Constellation Energy Corp (CEG:US) ranks #1 in Utilities at $90.0B.

How often is this ranking updated?

The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of October 2, 2026.

How many companies are in this market cap list?

This view shows 75 Canadian listings in Utilities. Canadian Depositary Receipts are hidden by default.

What is the difference between TSX and TSXV?

The Toronto Stock Exchange (TSX) lists larger established companies. The TSX Venture Exchange (TSXV) lists earlier-stage companies. Use the exchange filter to separate them.

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