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Australian (ASX) Utilities Sector Analysis

UpdatedJul 11, 2025
DataAggregated Company Financials
Companies15
  • 7D3.6%
  • 3M9.0%
  • 1Y5.1%
  • YTD6.1%

In the last week, the Utilities industry is up 3.6%, with Origin Energy up 8.0%. This takes the industry's 12 month performance to a gain of 5.1%. As for the next few years, earnings are expected to grow by 7.2% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 21 Aug 2022AU$30.2bAU$31.0b-AU$426,071,306.0026.3x-70.9x1x
Tue, 19 Jul 2022AU$29.8bAU$27.0b-AU$1,323,090,353.0025.7x-22.5x1.1x
Price to Earnings Ratio

-22.5x


Total Market Cap: AU$29.8bTotal Earnings: -AU$1,323,090,353.00Total Revenue: AU$27.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Utilities Sector Price to Earnings3Y Average -234x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.6x which is higher than its 3-year average PE of -234x.
  • 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 9.1% 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 Market-0.044%
Utilities3.60%
Electric Utilities8.04%
Water Utilities0.62%
Gas Utilities-0.60%
Other Utilities-0.60%
Renewable Energy-7.00%
Industry PE
  • Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 33.5x.
    • Analysts are expecting annual earnings decline of 9.9%, which is lower than the prior year's growth of 47.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 35% over the next 5 years.
  • In contrast, the Water Utilities industry is expected to see its earnings decline by 9.9% 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
ORG Origin EnergyAU$11.758.6%
+AU$1.6b
10.4%PE14.2x
KPO Kalina PowerAU$0.00950.0%
+AU$8.8m
200.1%PB2.9x
FHE Frontier EnergyAU$0.205.1%
+AU$5.2m
-65.0%PB1.3x
FLC FluenceAU$0.0426.3%
+AU$2.7m
-65.0%PS0.6x
JNS Janus Electric HoldingsAU$0.179.7%
+AU$1.8m
-83.0%PB6x

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