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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedJun 11, 2025
DataAggregated Company Financials
Companies4
  • 7D-2.2%
  • 3M2.4%
  • 1Y21.7%
  • YTDn/a

Over the last 7 days, the Electric Utilities industry has dropped 3.1%, driven by pullbacks in Hydro One and Fortis of 3.3% and 2.9%, respectively. This takes the industry's 12 month performance to a gain of 21%. As for the next few years, earnings are expected to grow by 6.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Jun 2025CA$80.5bCA$28.6bCA$3.8b20.3x21.3x2.8x
Fri, 09 May 2025CA$85.4bCA$27.7bCA$3.3b23.9x25.6x3.1x
Sun, 06 Apr 2025CA$80.9bCA$27.5bCA$3.3b22.9x24.5x2.9x
Tue, 04 Mar 2025CA$77.2bCA$27.5bCA$3.3b22x23.4x2.8x
Thu, 30 Jan 2025CA$74.5bCA$27.5bCA$3.4b21.3x21.9x2.7x
Sat, 28 Dec 2024CA$73.0bCA$27.5bCA$3.4b21.1x21.5x2.7x
Mon, 25 Nov 2024CA$74.5bCA$27.5bCA$3.4b21.9x21.9x2.7x
Wed, 23 Oct 2024CA$74.6bCA$27.1bCA$3.5b20.7x21.6x2.8x
Fri, 20 Sep 2024CA$74.4bCA$27.1bCA$3.5b20x21.6x2.7x
Sun, 18 Aug 2024CA$71.2bCA$27.1bCA$3.5b19.4x20.6x2.6x
Tue, 16 Jul 2024CA$65.0bCA$26.7bCA$3.3b19.4x19.8x2.4x
Thu, 13 Jun 2024CA$65.3bCA$26.7bCA$3.3b19.4x19.9x2.4x
Sat, 11 May 2024CA$66.1bCA$27.0bCA$3.6b16.2x18.2x2.4x
Mon, 08 Apr 2024CA$63.6bCA$27.2bCA$3.6b15.8x17.6x2.3x
Wed, 06 Mar 2024CA$64.4bCA$27.2bCA$3.6b15.7x17.9x2.4x
Fri, 02 Feb 2024CA$64.7bCA$27.8bCA$3.8b14.8x17.1x2.3x
Sun, 31 Dec 2023CA$64.8bCA$27.8bCA$3.8b14.9x17.1x2.3x
Tue, 28 Nov 2023CA$63.6bCA$27.8bCA$3.8b14.7x16.8x2.3x
Thu, 26 Oct 2023CA$60.6bCA$27.8bCA$3.7b15.9x16.2x2.2x
Sat, 23 Sep 2023CA$62.5bCA$27.8bCA$3.7b16.1x16.8x2.2x
Mon, 21 Aug 2023CA$62.7bCA$27.8bCA$3.7b16.1x16.8x2.3x
Wed, 19 Jul 2023CA$65.0bCA$27.6bCA$3.6b16.6x18x2.4x
Fri, 16 Jun 2023CA$65.1bCA$27.6bCA$3.6b17.2x18x2.4x
Sun, 14 May 2023CA$69.9bCA$27.6bCA$3.6b18.7x19.3x2.5x
Tue, 11 Apr 2023CA$69.0bCA$26.7bCA$3.4b19.2x20.5x2.6x
Thu, 09 Mar 2023CA$62.9bCA$26.7bCA$3.4b18.2x18.7x2.4x
Sat, 04 Feb 2023CA$63.1bCA$25.5bCA$3.1b19.6x20.1x2.5x
Mon, 02 Jan 2023CA$62.2bCA$25.5bCA$3.1b19x19.8x2.4x
Wed, 30 Nov 2022CA$62.0bCA$25.5bCA$3.1b18.8x19.8x2.4x
Fri, 28 Oct 2022CA$58.9bCA$24.3bCA$2.9b19.7x20.6x2.4x
Sun, 25 Sep 2022CA$64.3bCA$24.3bCA$2.9b20.9x22.5x2.6x
Tue, 23 Aug 2022CA$67.7bCA$24.3bCA$2.9b22.1x23.7x2.8x
Thu, 21 Jul 2022CA$65.1bCA$23.6bCA$2.9b21.7x22.7x2.8x
Sat, 18 Jun 2022CA$63.6bCA$23.6bCA$2.9b21x22.2x2.7x
Price to Earnings Ratio

22.2x


Total Market Cap: CA$63.6bTotal Earnings: CA$2.9bTotal Revenue: CA$23.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electric Utilities Industry Price to Earnings3Y Average 20x202320242025
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 20.0x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 9.7% per year over the last three years.
  • Revenues for these companies have grown 6.6% 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 Market0.019%
Utilities-0.61%
Electric Utilities-2.18%
Electric Utilities-2.18%
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
CUP.U Caribbean Utilities CompanyUS$13.301.4%
+US$7.6m		-4.4%PE13x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

H

CA$49.19

Hydro One

7D

-2.0%

1Y

21.5%

Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

Jun 10
Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

CUP.U

US$13.30

Caribbean Utilities Company

7D

1.4%

1Y

-4.4%

EMA

CA$60.67

Emera

7D

-2.5%

1Y

28.8%

FTS

CA$64.93

Fortis

7D

-2.3%

1Y

19.0%

Revenue Beat: Fortis Inc. Exceeded Revenue Forecasts By 6.5% And Analysts Are Updating Their Estimates

May 09
Revenue Beat: Fortis Inc. Exceeded Revenue Forecasts By 6.5% And Analysts Are Updating Their Estimates