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Australian (ASX) Utilities Sector Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies15
  • 7D1.2%
  • 3M4.7%
  • 1Y14.7%
  • YTD9.8%

Last week, the Utilities industry hasn't moved much but AGL Energy is up 4.4% in that time. As for the the longer term, the industry is up 13% over the past 12 months. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

Has the Australian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025AU$40.0bAU$35.3bAU$2.0b17.8x20x1.1x
Thu, 14 Aug 2025AU$38.7bAU$35.1bAU$949.7m14.7x40.7x1.1x
Sat, 12 Jul 2025AU$38.6bAU$35.1bAU$950.1m15.6x40.6x1.1x
Mon, 09 Jun 2025AU$36.9bAU$35.1bAU$943.3m15.1x39.2x1.1x
Wed, 07 May 2025AU$37.6bAU$35.1bAU$955.9m15.2x39.3x1.1x
Fri, 04 Apr 2025AU$36.8bAU$35.1bAU$943.7m15x39x1x
Sun, 02 Mar 2025AU$36.2bAU$35.1bAU$929.5m14.9x38.9x1x
Tue, 28 Jan 2025AU$36.9bAU$33.3bAU$3.1b13.8x12x1.1x
Thu, 26 Dec 2024AU$36.4bAU$33.3bAU$3.1b13.2x11.8x1.1x
Sat, 23 Nov 2024AU$36.4bAU$33.2bAU$3.1b13.9x11.8x1.1x
Mon, 21 Oct 2024AU$34.7bAU$33.2bAU$3.1b12.5x11.3x1x
Wed, 18 Sep 2024AU$34.8bAU$33.3bAU$3.0b12.2x11.6x1x
Fri, 16 Aug 2024AU$35.5bAU$33.1bAU$3.2b17.6x11x1.1x
Sun, 14 Jul 2024AU$37.1bAU$31.6bAU$3.1b19.5x11.8x1.2x
Tue, 11 Jun 2024AU$37.2bAU$31.5bAU$3.2b19.1x11.8x1.2x
Thu, 09 May 2024AU$36.4bAU$31.5bAU$3.2b17.6x11.5x1.2x
Sat, 06 Apr 2024AU$33.9bAU$31.5bAU$3.2b17.6x10.7x1.1x
Mon, 04 Mar 2024AU$32.4bAU$31.5bAU$3.2b20.9x10.3x1x
Wed, 31 Jan 2024AU$31.7bAU$34.0b-AU$15,109,849.0020.1x-2101x0.9x
Fri, 29 Dec 2023AU$32.7bAU$34.0b-AU$12,388,965.0020.5x-2638.2x1x
Sun, 26 Nov 2023AU$33.1bAU$34.0b-AU$15,183,360.0020.9x-2182.9x1x
Tue, 24 Oct 2023AU$34.2bAU$34.0b-AU$18,656,178.0022x-1832.3x1x
Thu, 21 Sep 2023AU$33.9bAU$34.1bAU$75.1m14.1x451.1x1x
Sat, 19 Aug 2023AU$34.2bAU$34.1bAU$96.6m14.1x354.1x1x
Mon, 17 Jul 2023AU$35.0bAU$35.6b-AU$1,363,325,374.0013.5x-25.7x1x
Wed, 14 Jun 2023AU$34.1bAU$35.6b-AU$1,363,317,226.0013.9x-25x1x
Fri, 12 May 2023AU$33.3bAU$35.5b-AU$1,369,688,034.008.2x-24.3x0.9x
Sun, 09 Apr 2023AU$33.1bAU$35.5b-AU$1,369,491,758.008.1x-24.2x0.9x
Tue, 07 Mar 2023AU$31.7bAU$35.5b-AU$1,369,672,459.008.2x-23.1x0.9x
Thu, 02 Feb 2023AU$31.3bAU$31.0b-AU$328,942,838.006x-95.3x1x
Sat, 31 Dec 2022AU$32.3bAU$31.0b-AU$328,426,905.0011x-98.4x1x
Mon, 28 Nov 2022AU$33.5bAU$31.0b-AU$328,320,321.009.9x-102.2x1.1x
Wed, 26 Oct 2022AU$26.4bAU$31.1b-AU$327,399,546.007.8x-80.5x0.8x
Fri, 23 Sep 2022AU$27.7bAU$31.0b-AU$316,051,096.006.3x-87.6x0.9x
Price to Earnings Ratio

-87.6x


Total Market Cap: AU$27.7bTotal Earnings: -AU$316,051,096.00Total Revenue: AU$31.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Utilities Sector Price to Earnings3Y Average -228.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Australian Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.9x which is higher than its 3-year average PE of -229x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 4.3% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Utilities sector?

AU Market0.014%
Utilities1.25%
Other Utilities4.20%
Electric Utilities1.05%
Renewable Energy0.69%
Water Utilities0.63%
Gas Utilities0.23%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 25.7%, which is higher than its past year's earnings decline of 89.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 90% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings decline by 46% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AGL AGL EnergyAU$8.594.4%
+AU$242.2m		-24.6%PS0.4x
ORG Origin EnergyAU$12.501.1%
+AU$223.1m		30.9%PE14.5x
APA APA GroupAU$8.880.2%
+AU$121.0m		17.3%PE118x
LGI LGIAU$3.804.1%
+AU$13.3m		40.0%PE52.1x
FHE Frontier EnergyAU$0.254.2%
+AU$5.2m		8.7%PB1.6x

Latest News

D2O
AU$1.50
Duxton Water
7D
1.4%
1Y
11.1%

Upgrade: Analysts Just Made A Captivating Increase To Their Duxton Water Limited (ASX:D2O) Forecasts

Sep 09
Upgrade: Analysts Just Made A Captivating Increase To Their Duxton Water Limited (ASX:D2O) Forecasts
ORG
AU$12.50
Origin Energy
7D
1.1%
1Y
30.9%
LGI
AU$3.80
LGI
7D
4.1%
1Y
40.0%

Does LGI (ASX:LGI) Have A Healthy Balance Sheet?

Sep 05
Does LGI (ASX:LGI) Have A Healthy Balance Sheet?
JNS
AU$0.13
Janus Electric Holdings
7D
-13.8%
1Y
-37.5%
VPR
AU$0.14
Volt Group
7D
7.4%
1Y
-27.5%
APA
AU$8.88
APA Group
7D
0.2%
1Y
17.3%
FLC
AU$0.055
Fluence
7D
-8.3%
1Y
-42.1%
DEL
AU$0.15
Delorean
7D
-9.1%
1Y
50.0%
TPC
AU$6.76
TPC Consolidated
7D
-7.4%
1Y
-35.6%
LPE
AU$0.14
Locality Planning Energy Holdings
7D
3.8%
1Y
-3.6%
DEM
AU$0.10
De.mem
7D
-4.5%
1Y
-22.2%
KPO
AU$0.011
Kalina Power
7D
-8.3%
1Y
0.009%
AGL
AU$8.59
AGL Energy
7D
4.4%
1Y
-24.6%

AGL Energy (ASX:AGL) Is Due To Pay A Dividend Of A$0.25

Aug 17
AGL Energy (ASX:AGL) Is Due To Pay A Dividend Of A$0.25
EWC
AU$0.058
Energy World
7D
-4.9%
1Y
480.0%

Does Energy World (ASX:EWC) Have A Healthy Balance Sheet?

Jun 24
Does Energy World (ASX:EWC) Have A Healthy Balance Sheet?
FHE
AU$0.25
Frontier Energy
7D
4.2%
1Y
8.7%