Largest Canadian Companies by Revenue — Utilities

Canadian companies ranked by trailing-twelve-month revenue on TSX and TSXV.

Updated September 23, 202671 companiesTotal market cap $862.0B

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Showing 71 companies (CDRs hidden)

Rank	Company	Symbol	Sector	Market Cap	P/E Ratio	Revenue (TTM)
1	Renew Energy Global PLC	RNW:US	Utilities	$2.5B	22.1	$137.8B
2	Constellation Energy Corp	CEG:US	Utilities	$92.9B	25.6	$31.3B
3	Exelon Corporation	EXC:US	Utilities	$43.3B	15.4	$25.3B
4	Brookfield Infrastructure Partners LP Pref A	BIP-PE:TO	Utilities	$10.2B	17.0	$25.1B
5	Brookfield Infrastructure Partners Pref Class A	BIP-PF:TO	Utilities	$10.2B	16.8	$25.1B
6	Brookfield Infrastructure Partners L.P	BIP-UN:TO	Utilities	$39.8B	57.7	$25.1B
7	American Electric Power Co Inc	AEP:US	Utilities	$65.5B	20.8	$22.8B
8	Xcel Energy Inc	XEL:US	Utilities	$44.9B	19.7	$14.6B
9	Fortis Inc Pref I	FTS-PI:TO	Utilities	$34.9B	7.7	$12.4B
10	Fortis Inc Pref M	FTS-PM:TO	Utilities	$35.0B	9.7	$12.4B
11	Fortis Srs J Cum Red First Prf	FTS-PJ:TO	Utilities	$23.7B	8.3	$12.4B
12	Fortis Inc	FTS:TO	Utilities	$38.7B	22.3	$12.4B
13	Fortis 1St Cum Red Srs F Prf	FTS-PF:TO	Utilities	$23.4B	8.6	$12.4B
14	Fortis Inc Pref H	FTS-PH:TO	Utilities	$37.3B	8.2	$12.4B
15	Hydro One Ltd	H:TO	Utilities	$30.7B	21.7	$9.5B
16	Emera Inc Pref F	EMA-PF:TO	Utilities	$19.6B	11.2	$8.9B
17	Emera Srs C Cum Rr Prf	EMA-PC:TO	Utilities	$18.1B	11.3	$8.9B
18	Emera Inc Pref A	EMA-PA:TO	Utilities	$20.8B	9.8	$8.9B
19	Emera Inc	EMA-PH:TO	Utilities	$14.1B	11.3	$8.9B
20	Emera Inc.	EMA:TO	Utilities	$21.0B	21.7	$8.9B
21	Brookfield Renewable Partners L.P.	BEP-PR:TO	Utilities	-	-	$6.4B
22	Brookfield Renewable Partners L.P	BEP-UN:TO	Utilities	$20.3B	-	$6.4B
23	Brookfield Renewable Partners LP Series 13 Pref Class A	BEP-PM:TO	Utilities	$16.8B	-	$6.4B
24	Evergy, Inc.	EVRG:US	Utilities	$18.3B	20.2	$6.1B
25	ATCO Ltd	ACO-X:TO	Utilities	$8.2B	45.5	$5.3B
26	Alliant Energy Corp	LNT:US	Utilities	$16.8B	20.6	$4.4B
27	Capital Power Corporation Pref A	CPX-PA:TO	Utilities	-	40.4	$4.1B
28	Capital Power Corporation	CPX:TO	Utilities	$9.8B	109.3	$4.1B
29	Brookfield Renewable Corp	BEPC:TO	Utilities	$7.8B	-	$3.8B
30	Canadian Utilities Ltd Pref H	CU-PH:TO	Utilities	$10.4B	15.6	$3.8B
31	Canadian Utilities Limited	CU:TO	Utilities	$13.9B	318.3	$3.8B
32	Canadian Utilities Ltd Pref F	CU-PF:TO	Utilities	$10.4B	13.4	$3.8B
33	Canadian Util Bb Cum Red Sec Prf	CU-PE:TO	Utilities	$10.2B	14.2	$3.8B
34	Talen Energy Corporation	TLN:US	Utilities	$14.1B	-	$3.7B
35	Brookfield Infrastructure Corp	BIPC:TO	Utilities	$6.2B	-	$3.7B
36	Northland Power Inc.	NPI:TO	Utilities	$5.7B	-	$2.6B
37	Algonquin Power & Utilities Corp	AQN:TO	Utilities	$5.6B	21.6	$2.5B
38	Superior Plus Corp	SPB:TO	Utilities	$1.5B	715.0	$2.4B
39	TransAlta Corp	TA:TO	Utilities	$5.3B	-	$2.3B
40	TransAlta Corp Pref J	TA-PJ:TO	Utilities	$3.9B	-	$2.3B
41	Transalta A Cum Red Rat Rst Prf	TA-PD:TO	Utilities	$4.9B	-	$2.3B
42	NorthWestern Corporation	NWE:US	Utilities	$4.3B	25.2	$1.7B
43	Otter Tail Corporation	OTTR:US	Utilities	$3.7B	19.0	$1.3B
44	Boralex Inc	BLX:TO	Utilities	$3.8B	-	$898M
45	H2O America	HTO:US	Utilities	$2.6B	22.0	$829M
46	MGE Energy Inc	MGEE:US	Utilities	$2.7B	17.9	$752M
47	Enlight Renewable Energy Ltd. Ordinary Shares	ENLT:US	Utilities	$10.3B	120.5	$585M
48	CF Energy Corp	CFY:V	Utilities	$6M	1.2	$430M
49	Tidewater Renewables Ltd	LCFS:TO	Utilities	$807M	0.0	$371M
50	OPAL Fuels Inc	OPAL:US	Utilities	$339M	-	$340M
51	Caribbean Utilities Company Ltd	CUP-U:TO	Utilities	$625M	12.5	$290M
52	Capstone Infrastructure Corp	CSE-PA:TO	Utilities	$6.8B	1090.9	$270M
53	Middlesex Water Company	MSEX:US	Utilities	$1.0B	21.2	$206M
54	Montauk Renewables Inc	MNTK:US	Utilities	$332M	46.6	$189M
55	Consolidated Water Co Ltd	CWCO:US	Utilities	$458M	28.0	$128M
56	Green Impact Partners Inc	GIP:V	Utilities	$50M	-	$117M
57	Artesian Resources Corporation	ARTNA:US	Utilities	$355M	15.1	$117M
58	RGC Resources Inc	RGCO:US	Utilities	$220M	15.7	$107M
59	The York Water Company	YORW:US	Utilities	$513M	19.6	$83M
60	Polaris Infrastructure Inc	PIF:TO	Utilities	$291M	51.6	$78M
61	Maxim Power Corp.	MXG:TO	Utilities	$263M	27.7	$76M
62	Global Water Resources Inc	GWRS:US	Utilities	$242M	76.5	$60M
63	AleAnna, Inc. Class A Common Stock	ANNA:US	Utilities	$119M	15.3	$40M
64	PowerBank Corporation	PBK:US	Utilities	$16M	-	$40M
65	Pure Cycle Corporation	PCYO:US	Utilities	$267M	18.2	$34M
66	EverGen Infrastructure Corp	EVGN:V	Utilities	$15M	-	$14M
67	Fusion Fuel Green PLC	HTOO:US	Utilities	$16M	-	$14M
68	Cadiz Inc	CDZI:US	Utilities	$312M	-	$12M
69	Cadiz Inc. Depositary Shares	CDZIP:US	Utilities	-	-	$12M
70	Fervo Energy Company Class A common stock	FRVO:US	Utilities	$5.0B	-	$312,000
71	Forward Water Technologies Corp	FWTC:V	Utilities	$2M	-	$91,626

Frequently Asked Questions

Which Canadian company ranks #1 by revenue (ttm) in Utilities?

As of September 23, 2026, Renew Energy Global PLC (RNW:US) ranks #1 in Utilities at $137.8B.

How often is this ranking updated?

The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of September 23, 2026.

How many companies are in this revenue (ttm) list?

This view shows 71 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.