Enbridge (ENB) vs TC Energy (TRP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
TC Energy (TRP) has outperformed Enbridge (ENB) over the past year, gaining 7.8% versus a loss of 7.2%. Over five years, TRP leads with a +9.8% price change compared with +7.8% for ENB. Enbridge is the larger company by market cap ($103.73 billion vs $62.49 billion), about 1.7 times the size.
On valuation, Enbridge trades at a lower forward P/E (20.6x vs 21.8x for TC Energy). Enbridge offers the higher dividend yield (8.23% vs 5.76%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ENB | TRP |
|---|---|---|
| Share price | $46.54 | $59.98 |
| Market cap | $103.73B | $62.49B |
| 1-day change | +1.42% | +1.76% |
| YTD return | -4.06% | +7.14% |
| 1-year return | -7.20% | +7.85% |
| 5-year return | +7.82% | +9.80% |
| P/E ratio (TTM) | 24.89 | 23.61 |
| Forward P/E | 20.60 | 21.75 |
| EPS (TTM) | $1.87 | $2.54 |
| Dividend yield | 8.23% | 5.76% |
| Annual dividend | $3.83 | $3.46 |
| 52-week high | $58.45 | $71.47 |
| 52-week low | $45.03 | $49.27 |
| Distance from 52-week high | -20.38% | -16.08% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +9.78% | +11.09% |
| Average volume | 4.94M | 2.70M |
| Shares outstanding | 2.23B | 1.04B |
| Employees | 14,800 | 6,574 |
| Sector | Energy | Utilities |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TRP has outperformed ENB by 15.0 percentage points over the past year.
- Enbridge offers a meaningfully higher dividend yield (8.23% vs 5.76%).
- The two companies sit in different sectors: Enbridge in Energy and TC Energy in Utilities.
About Enbridge
ENB stock →Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.
Energy · Natural Gas Distribution · 14,800 employees
About TC Energy
TRP stock →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.
Utilities · Natural Gas Distribution · 6,574 employees
ENB vs TRP FAQ
Which is bigger, Enbridge or TC Energy?
Enbridge (ENB) is larger, with a market capitalization of $103.73B compared with $62.49B for TC Energy (TRP).
Which stock has performed better over the past year, ENB or TRP?
TRP returned +7.85% over the past 12 months, compared with -7.20% for ENB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENB or TRP?
TRP has the lower trailing P/E at 23.6, versus 24.9 for ENB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Enbridge or TC Energy?
Enbridge has the higher yield at 8.23%, compared with 5.76% for TC Energy.
Are Enbridge and TC Energy in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Energy sector.