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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedSep 17, 2026
DataAggregated Company Financials
Companies4
  • 7D-1.5%
  • 3M-6.6%
  • 1Y8.9%
  • YTD0.9%

Over the last week, the Electric Utilities has lost 1.5%. This takes the industry's 12 month performance to a gain of 8.9%. As for the next few years, earnings are expected to grow by 7.4% per annum.

Industry Valuation and Performance

Has the Canadian Electric Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 18 Sep 2026CA$91.1bCA$31.1bCA$4.2b22x21.9x2.9x
Sun, 16 Aug 2026CA$96.5bCA$31.1bCA$4.2b23x23.2x3.1x
Tue, 14 Jul 2026CA$100.2bCA$30.7bCA$4.1b23.8x24.3x3.3x
Thu, 11 Jun 2026CA$96.0bCA$30.7bCA$4.1b22.9x23.3x3.1x
Sat, 09 May 2026CA$96.6bCA$30.5bCA$4.1b22.5x23.6x3.2x
Mon, 06 Apr 2026CA$98.0bCA$30.3bCA$4.1b22.7x23.8x3.2x
Wed, 04 Mar 2026CA$96.3bCA$30.3bCA$4.1b22.1x23.4x3.2x
Fri, 30 Jan 2026CA$89.4bCA$29.7bCA$4.1b20.1x21.6x3x
Sun, 28 Dec 2025CA$88.5bCA$29.7bCA$4.1b19.7x21.4x3x
Tue, 25 Nov 2025CA$89.9bCA$29.7bCA$4.1b20x21.7x3x
Thu, 23 Oct 2025CA$89.2bCA$29.1bCA$3.9b22.6x23x3.1x
Sat, 20 Sep 2025CA$82.2bCA$29.1bCA$3.9b20.9x21.2x2.8x
Mon, 18 Aug 2025CA$86.1bCA$29.1bCA$3.9b21.7x22.2x3x
Wed, 16 Jul 2025CA$81.2bCA$28.6bCA$3.8b20.5x21.5x2.8x
Fri, 13 Jun 2025CA$80.2bCA$28.6bCA$3.8b20.4x21.2x2.8x
Sun, 11 May 2025CA$83.1bCA$28.6bCA$3.8b20.7x22x2.9x
Tue, 08 Apr 2025CA$80.9bCA$27.5bCA$3.3b22.6x24.5x2.9x
Thu, 06 Mar 2025CA$78.7bCA$27.5bCA$3.3b22.1x23.9x2.9x
Sat, 01 Feb 2025CA$74.8bCA$27.5bCA$3.4b21.6x22x2.7x
Mon, 30 Dec 2024CA$73.2bCA$27.5bCA$3.4b21.1x21.5x2.7x
Wed, 27 Nov 2024CA$74.5bCA$27.5bCA$3.4b21.8x21.9x2.7x
Fri, 25 Oct 2024CA$74.6bCA$27.1bCA$3.5b20.6x21.6x2.8x
Sun, 22 Sep 2024CA$73.6bCA$27.1bCA$3.5b20.1x21.3x2.7x
Tue, 20 Aug 2024CA$71.2bCA$27.1bCA$3.5b19.5x20.6x2.6x
Thu, 18 Jul 2024CA$65.1bCA$26.7bCA$3.3b19.7x19.8x2.4x
Sat, 15 Jun 2024CA$64.5bCA$26.7bCA$3.3b19.2x19.6x2.4x
Mon, 13 May 2024CA$66.4bCA$27.0bCA$3.6b16.2x18.3x2.5x
Wed, 10 Apr 2024CA$63.9bCA$27.2bCA$3.6b15.8x17.7x2.3x
Fri, 08 Mar 2024CA$65.7bCA$27.2bCA$3.6b16x18.2x2.4x
Sun, 04 Feb 2024CA$64.7bCA$27.8bCA$3.8b14.7x17.1x2.3x
Tue, 02 Jan 2024CA$64.8bCA$27.8bCA$3.8b14.9x17.1x2.3x
Thu, 30 Nov 2023CA$63.1bCA$27.8bCA$3.8b14.6x16.7x2.3x
Sat, 28 Oct 2023CA$61.2bCA$27.8bCA$3.7b16x16.4x2.2x
Mon, 25 Sep 2023CA$62.5bCA$27.8bCA$3.7b16.1x16.8x2.2x
Price to Earnings Ratio

16.8x


Total Market Cap: CA$62.5bTotal Earnings: CA$3.7bTotal Revenue: CA$27.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electric Utilities Industry Price to Earnings3Y Average 21.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Electric Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 3.7% per year over the last three years.
  • Revenues for these companies have grown 3.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Utilities industry?

CA Market-1.61%
Utilities-2.47%
Electric Utilities-1.47%
Electric Utilities-1.47%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
FTS FortisCA$76.221.1%
+CA$422.6m		13.1%PE22.5x
EMA EmeraCA$69.000.8%
+CA$159.7m		9.1%PE22x
H Hydro OneCA$51.960.5%
+CA$156.0m		7.7%PE22x
CUP.U Caribbean Utilities CompanyUS$14.600.7%
+US$4.3m		10.6%PE12.5x

Latest News

H
CA$51.96
Hydro One
7D
0.5%
1Y
7.7%
FTS
CA$76.22
Fortis
7D
1.1%
1Y
13.1%
CUP.U
US$14.60
Caribbean Utilities Company
7D
0.7%
1Y
10.6%
EMA
CA$69.00
Emera
7D
0.8%
1Y
9.1%