TC Energy (TRP) vs Williams Companies (WMB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Williams Companies (WMB) has outperformed TC Energy (TRP) over the past year, gaining 11.7% versus a gain of 7.8%. Over five years, WMB leads with a +141.8% price change compared with +9.8% for TRP. Williams Companies is the larger company by market cap ($87.41 billion vs $61.40 billion), about 1.4 times the size.
On valuation, TC Energy trades at a lower forward P/E (21.4x vs 27.0x for Williams Companies). TC Energy offers the higher dividend yield (5.86% vs 2.87%).
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 | TRP | WMB |
|---|---|---|
| Share price | $58.94 | $71.46 |
| Market cap | $61.40B | $87.41B |
| 1-day change | -2.14% | -1.28% |
| YTD return | +7.14% | +18.88% |
| 1-year return | +7.85% | +11.71% |
| 5-year return | +9.80% | +141.83% |
| P/E ratio (TTM) | 23.67 | 28.81 |
| Forward P/E | 21.37 | 27.01 |
| EPS (TTM) | $2.49 | $2.48 |
| Dividend yield | 5.86% | 2.87% |
| Annual dividend | $3.46 | $2.05 |
| Revenue (latest FY) | — | $11.95B |
| Revenue growth (YoY) | — | +13.78% |
| Net income (latest FY) | — | $2.62B |
| Operating margin | — | 35.11% |
| Net margin | — | 21.91% |
| 52-week high | $71.47 | $80.08 |
| 52-week low | $49.27 | $56.19 |
| Distance from 52-week high | -17.53% | -10.76% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +13.05% | +19.59% |
| Average volume | 2.71M | 7.03M |
| Shares outstanding | 1.04B | 1.22B |
| Employees | 6,574 | 5,987 |
| Sector | Utilities | 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
- TC Energy offers a meaningfully higher dividend yield (5.86% vs 2.87%).
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
About Williams Companies
WMB stock →The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission, Power & Gulf, Northeast G&P, West, and Gas & NGL Marketing Services segments.
Utilities · Natural Gas Distribution · 5,987 employees
TRP vs WMB FAQ
Which is bigger, TC Energy or Williams Companies?
Williams Companies (WMB) is larger, with a market capitalization of $87.41B compared with $61.40B for TC Energy (TRP).
Which stock has performed better over the past year, TRP or WMB?
WMB returned +11.71% over the past 12 months, compared with +7.85% for TRP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TRP or WMB?
TRP has the lower trailing P/E at 23.7, versus 28.8 for WMB. 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, TC Energy or Williams Companies?
TC Energy has the higher yield at 5.86%, compared with 2.87% for Williams Companies.
Are TC Energy and Williams Companies in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.