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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 22, 202675 companiesTotal market cap $873.1B

Showing 75 companies (CDRs hidden)

RankCompanySymbolRevenue (TTM)P/E RatioMarket Cap
1Constellation Energy CorpCEG:US$31.3B25.3$91.7B
2American Electric Power Co IncAEP:US$22.8B22.1$69.4B
3Xcel Energy IncXEL:US$14.6B21.0$47.9B
4Exelon CorporationEXC:US$25.3B15.8$44.3B
5Brookfield Infrastructure Partners L.PBIP-UN:TO$25.1B60.0$40.9B
6Fortis IncFTS:TO$12.4B23.1$40.2B
7Fortis Inc Pref HFTS-PH:TO$12.4B7.8$37.3B
8Fortis Inc Pref MFTS-PM:TO$12.4B9.9$35.0B
9Fortis Inc Pref IFTS-PI:TO$12.4B7.7$34.9B
10Hydro One LtdH:TO$9.5B22.3$31.6B
11Fortis Srs J Cum Red First PrfFTS-PJ:TO$12.4B8.5$23.7B
12Fortis 1St Cum Red Srs F PrfFTS-PF:TO$12.4B8.7$23.4B
13Emera Inc Pref AEMA-PA:TO$8.9B9.9$20.8B
14Emera Inc.EMA:TO$8.9B21.2$20.4B
15Emera Inc Pref FEMA-PF:TO$8.9B11.2$19.6B
16Brookfield Renewable Partners L.PBEP-UN:TO$6.4B-$19.3B
17Evergy, Inc.EVRG:US$6.1B21.1$19.2B
18Emera Srs C Cum Rr PrfEMA-PC:TO$8.9B11.2$18.1B
19Alliant Energy CorpLNT:US$4.4B21.6$17.7B
20Talen Energy CorporationTLN:US$3.7B-$17.0B
21Brookfield Renewable Partners LP Series 13 Pref Class ABEP-PM:TO$6.4B-$16.8B
22Emera IncEMA-PH:TO$8.9B11.5$14.1B
23Canadian Utilities LimitedCU:TO$3.8B304.7$13.3B
24Canadian Utilities Ltd Pref FCU-PF:TO$3.8B13.8$10.4B
25Canadian Utilities Ltd Pref HCU-PH:TO$3.8B15.2$10.4B
26Brookfield Infrastructure Partners LP Pref ABIP-PE:TO$25.1B16.8$10.2B
27Brookfield Infrastructure Partners Pref Class ABIP-PF:TO$25.1B16.8$10.2B
28Canadian Util Bb Cum Red Sec PrfCU-PE:TO$3.8B14.8$10.2B
29Capital Power CorporationCPX:TO$4.1B123.0$10.0B
30Enlight Renewable Energy Ltd. Ordinary SharesENLT:US$585M117.8$10.0B
31ATCO LtdACO-X:TO$5.3B49.8$8.0B
32Brookfield Renewable CorpBEPC:TO$3.8B-$7.5B
33Capstone Infrastructure CorpCSE-PA:TO$270M1060.5$6.8B
34Brookfield Infrastructure CorpBIPC:TO$3.7B-$6.3B
35TransAlta CorpTA:TO$2.3B-$5.9B
36Algonquin Power & Utilities CorpAQN:TO$2.5B22.5$5.7B
37Northland Power Inc.NPI:TO$2.6B-$5.7B
38Transalta A Cum Red Rat Rst PrfTA-PD:TO$2.3B-$4.9B
39NorthWestern CorporationNWE:US$1.7B26.9$4.6B
40TransAlta Corp Pref JTA-PJ:TO$2.3B-$3.9B
41Boralex IncBLX:TO$898M-$3.8B
42Otter Tail CorporationOTTR:US$1.3B19.4$3.8B
43Fervo Energy Company Class A common stockFRVO:US$312,000-$2.7B
44MGE Energy IncMGEE:US$752M17.7$2.7B
45Renew Energy Global PLCRNW:US$137.8B20.8$2.5B
46H2O AmericaHTO:US$829M19.9$2.4B
47Superior Plus CorpSPB:TO$2.4B-$1.5B
48Middlesex Water CompanyMSEX:US$206M20.7$1.0B
49Tidewater Renewables LtdLCFS:TO$371M-$804M
50Caribbean Utilities Company LtdCUP-U:TO$290M12.8$642M
51The York Water CompanyYORW:US$83M19.0$496M
52Consolidated Water Co LtdCWCO:US$128M27.2$444M
53Artesian Resources CorporationARTNA:US$117M14.4$340M
54Cadiz IncCDZI:US$12M-$336M
55Terrestrial Energy IncIMSR:US$-1,038-$297M
56Montauk Renewables IncMNTK:US$189M34.0$290M
57Polaris Infrastructure IncPIF:TO$78M51.3$279M
58Maxim Power Corp.MXG:TO$76M26.4$268M
59OPAL Fuels IncOPAL:US$340M-$262M
60Pure Cycle CorporationPCYO:US$34M17.3$254M
61RGC Resources IncRGCO:US$107M16.4$230M
62Global Water Resources IncGWRS:US$60M77.7$224M
63AleAnna, Inc. Class A Common StockANNA:US$40M12.4$96M
64Green Impact Partners IncGIP:V$117M-$51M
65Verde Clean Fuels Inc.VGAS:US--$45M
66GridAI Technologies Corp.GRDX:US--$33M
67Westbridge Energy CorporationWEB:V--$30M
68Greenbriar Sustainable Living Inc.GRB:V--$27M
69EverGen Infrastructure CorpEVGN:V$14M-$19M
70RE Royalties LtdRE:V$-2,501,952-$13M
71Fusion Fuel Green PLCHTOO:US$14M-$13M
72PowerBank CorporationPBK:US$27M-$12M
73CF Energy CorpCFY:V$430M1.2$6M
74Forward Water Technologies CorpFWTC:V$91,626-$2M
75Alaska Hydro CorporationAKH-H:V--$1M

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Frequently Asked Questions

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

As of October 22, 2026, Constellation Energy Corp (CEG:US) ranks #1 in Utilities at $91.7B.

How often is this ranking updated?

The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of October 22, 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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