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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies4
  • 7D1.2%
  • 3M4.9%
  • 1Y25.1%
  • YTDn/a

The Electric Utilities industry has stayed flat over the last week. The past year has been better, since the industry has gained 24% in that time. Earnings are forecast to grow by 6.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Feb 2026CA$94.8bCA$30.3bCA$4.1b22x23x3.1x
Thu, 22 Jan 2026CA$90.0bCA$29.7bCA$4.1b20.2x21.7x3x
Sat, 20 Dec 2025CA$88.4bCA$29.7bCA$4.1b19.5x21.4x3x
Mon, 17 Nov 2025CA$89.9bCA$29.7bCA$4.1b20.1x21.7x3x
Wed, 15 Oct 2025CA$87.3bCA$29.1bCA$3.9b22.1x22.5x3x
Fri, 12 Sep 2025CA$83.3bCA$29.1bCA$3.9b21.1x21.5x2.9x
Sun, 10 Aug 2025CA$86.0bCA$29.1bCA$3.8b21.7x22.4x3x
Tue, 08 Jul 2025CA$80.6bCA$28.6bCA$3.8b20.4x21.3x2.8x
Thu, 05 Jun 2025CA$82.5bCA$28.6bCA$3.8b20.6x21.8x2.9x
Sat, 03 May 2025CA$84.6bCA$27.5bCA$3.3b24x25.7x3.1x
Mon, 31 Mar 2025CA$79.7bCA$27.5bCA$3.3b22.5x24.2x2.9x
Wed, 26 Feb 2025CA$76.0bCA$27.5bCA$3.3b21.5x23x2.8x
Fri, 24 Jan 2025CA$73.2bCA$27.5bCA$3.4b21.2x21.6x2.7x
Sun, 22 Dec 2024CA$72.8bCA$27.5bCA$3.4b21x21.4x2.6x
Tue, 19 Nov 2024CA$73.0bCA$27.5bCA$3.4b21.4x21.5x2.7x
Thu, 17 Oct 2024CA$74.0bCA$27.1bCA$3.5b20.5x21.4x2.7x
Sat, 14 Sep 2024CA$74.6bCA$27.1bCA$3.5b20.5x21.6x2.7x
Mon, 12 Aug 2024CA$70.2bCA$27.0bCA$3.4b19.1x20.5x2.6x
Wed, 10 Jul 2024CA$63.9bCA$26.7bCA$3.3b19.1x19.4x2.4x
Fri, 07 Jun 2024CA$65.9bCA$26.7bCA$3.3b19.9x20.1x2.5x
Sun, 05 May 2024CA$64.2bCA$27.0bCA$3.6b15.7x17.7x2.4x
Tue, 02 Apr 2024CA$64.2bCA$27.2bCA$3.6b15.9x17.8x2.4x
Thu, 29 Feb 2024CA$64.1bCA$27.2bCA$3.6b15.4x17.8x2.4x
Sat, 27 Jan 2024CA$64.4bCA$27.8bCA$3.8b14.7x17x2.3x
Mon, 25 Dec 2023CA$63.9bCA$27.8bCA$3.8b14.7x16.9x2.3x
Wed, 22 Nov 2023CA$64.5bCA$27.8bCA$3.8b15x17x2.3x
Fri, 20 Oct 2023CA$60.2bCA$27.8bCA$3.7b15.9x16.1x2.2x
Sun, 17 Sep 2023CA$64.3bCA$27.8bCA$3.7b16.5x17.2x2.3x
Tue, 15 Aug 2023CA$62.7bCA$27.8bCA$3.7b16.3x16.8x2.3x
Thu, 13 Jul 2023CA$64.6bCA$27.6bCA$3.6b16.8x17.9x2.3x
Sat, 10 Jun 2023CA$65.8bCA$27.6bCA$3.6b17.5x18.2x2.4x
Mon, 08 May 2023CA$69.7bCA$27.2bCA$3.4b18.8x20.4x2.6x
Wed, 05 Apr 2023CA$66.9bCA$26.7bCA$3.4b18.6x19.9x2.5x
Fri, 03 Mar 2023CA$61.8bCA$26.7bCA$3.4b18.1x18.4x2.3x
Price to Earnings Ratio

18.4x


Total Market Cap: CA$61.8bTotal Earnings: CA$3.4bTotal Revenue: CA$26.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electric Utilities Industry Price to Earnings3Y Average 20.1x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Electric Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.6x which is higher than its 3-year average PE of 20.1x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 7.7% per year over the last three years.
  • Revenues for these companies have grown 4.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Electric Utilities compare with similar industries?

CA Market1.52%
Utilities1.08%
Electric Utilities1.18%
Electric Utilities1.18%
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
H Hydro OneCA$57.642.1%
+CA$701.7m		27.5%PE25.8x
FTS FortisCA$78.241.1%
+CA$416.0m		24.7%PE23.2x
CUP.U Caribbean Utilities CompanyUS$13.431.4%
+US$8.8m		0.9%PE12.3x

Latest News

EMA
CA$70.13
Emera
7D
-0.01%
1Y
23.0%
H
CA$57.64
Hydro One
7D
2.1%
1Y
27.5%
CUP.U
US$13.43
Caribbean Utilities Company
7D
1.4%
1Y
0.9%
FTS
CA$78.24
Fortis
7D
1.1%
1Y
24.7%