TC Energy (TRP) - Market capitalization

Market cap: NZ$98.01 Billion

As of December 2025 TC Energy has a market cap of NZ$98.01 Billion. This makes TC Energy the world's 404th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of TC Energy from 1996 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	NZ$98.01 B	14.48%
2024	NZ$85.61 B	33.32%
2023	NZ$64.21 B	2.29%
2022	NZ$62.78 B	-5.26%
2021	NZ$66.26 B	25.33%
2020	NZ$52.87 B	-28.33%
2019	NZ$73.77 B	50.59%
2018	NZ$48.98 B	-18.6%
2017	NZ$60.18 B	7.5%
2016	NZ$55.98 B	67.47%
2015	NZ$33.43 B	-24.86%
2014	NZ$44.48 B	13.36%
2013	NZ$39.24 B	-3.17%
2012	NZ$40.53 B	3.16%
2011	NZ$39.28 B	14.62%
2010	NZ$34.27 B	5.26%
2009	NZ$32.56 B	12.95%
2008	NZ$28.83 B	-0.04%
2007	NZ$28.84 B	18.9%
2006	NZ$24.25 B	8.1%
2005	NZ$22.44 B	32.78%
2004	NZ$16.90 B	5.7%
2003	NZ$15.98 B	20.27%
2002	NZ$13.29 B	-7.42%
2001	NZ$14.35 B	16.51%
2000	NZ$12.32 B	55.12%
1999	NZ$7.94 B	-38.78%
1998	NZ$12.97 B	51.34%
1997	NZ$8.57 B	59.15%
1996	NZ$5.38 B

End of Day market cap according to different sources

On Dec 17th, 2025 the market cap of TC Energy was reported to be:

NZ$97.21 Billion

by Nasdaq

NZ$97.36 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Enbridge ENB	NZ$176.70 B	80.28%	🇨🇦 Canada
Enterprise Products EPD	NZ$119.08 B	21.49%	🇺🇸 USA
Williams Companies WMB	NZ$124.40 B	26.92%	🇺🇸 USA
Sea Limited SE	NZ$123.05 B	25.54%	🇸🇬 Singapore
Kinder Morgan KMI	NZ$101.90 B	3.97%	🇺🇸 USA
Plains All American Pipeline PAA	NZ$21.57 B	-77.98%	🇺🇸 USA
TransAlta TAC	NZ$6.44 B	-93.42%	🇨🇦 Canada
Ultrapar Participacoes UGP	NZ$6.77 B	-93.09%	🇧🇷 Brazil

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of TC Energy (TRP)

Market cap: NZ$98.01 Billion