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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedJul 10, 2026
DataAggregated Company Financials
Companies4
  • 7D-1.1%
  • 3M0.8%
  • 1Y21.8%
  • YTDn/a

Over the last 7 days, the Electric Utilities industry has dropped 1.1%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 22%. As for the next few years, earnings are expected to grow by 7.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Jul 2026CA$101.0bCA$30.7bCA$4.1b23.6x24.5x3.3x
Mon, 08 Jun 2026CA$96.5bCA$30.7bCA$4.1b22.7x23.4x3.1x
Wed, 06 May 2026CA$97.1bCA$30.3bCA$4.1b22.4x23.6x3.2x
Fri, 03 Apr 2026CA$97.1bCA$30.3bCA$4.1b22.7x23.6x3.2x
Sun, 01 Mar 2026CA$97.0bCA$30.3bCA$4.1b22.2x23.6x3.2x
Tue, 27 Jan 2026CA$89.3bCA$29.7bCA$4.1b20.1x21.6x3x
Thu, 25 Dec 2025CA$88.5bCA$29.7bCA$4.1b19.7x21.4x3x
Sat, 22 Nov 2025CA$89.7bCA$29.7bCA$4.1b19.9x21.7x3x
Mon, 20 Oct 2025CA$89.0bCA$29.1bCA$3.9b22.5x23x3.1x
Wed, 17 Sep 2025CA$83.3bCA$29.1bCA$3.9b20.8x21.5x2.9x
Fri, 15 Aug 2025CA$85.0bCA$29.1bCA$3.9b21.6x21.9x2.9x
Sun, 13 Jul 2025CA$81.2bCA$28.6bCA$3.8b20.6x21.5x2.8x
Tue, 10 Jun 2025CA$80.9bCA$28.6bCA$3.8b20.2x21.4x2.8x
Thu, 08 May 2025CA$84.4bCA$27.7bCA$3.3b24.3x25.3x3x
Sat, 05 Apr 2025CA$82.6bCA$27.5bCA$3.3b22.9x25x3x
Mon, 03 Mar 2025CA$77.2bCA$27.5bCA$3.3b21.9x23.4x2.8x
Wed, 29 Jan 2025CA$75.1bCA$27.5bCA$3.4b21.5x22.1x2.7x
Fri, 27 Dec 2024CA$73.0bCA$27.5bCA$3.4b21.1x21.5x2.7x
Sun, 24 Nov 2024CA$74.5bCA$27.5bCA$3.4b21.9x21.9x2.7x
Tue, 22 Oct 2024CA$74.9bCA$27.1bCA$3.5b20.7x21.7x2.8x
Thu, 19 Sep 2024CA$75.2bCA$27.1bCA$3.5b20.2x21.8x2.8x
Sat, 17 Aug 2024CA$71.1bCA$27.1bCA$3.5b19.4x20.6x2.6x
Mon, 15 Jul 2024CA$65.0bCA$26.7bCA$3.3b19.5x19.8x2.4x
Wed, 12 Jun 2024CA$65.6bCA$26.7bCA$3.3b19.7x20x2.5x
Fri, 10 May 2024CA$65.7bCA$27.0bCA$3.6b16.1x18.1x2.4x
Sun, 07 Apr 2024CA$63.6bCA$27.2bCA$3.6b15.8x17.6x2.3x
Tue, 05 Mar 2024CA$64.4bCA$27.2bCA$3.6b15.7x17.9x2.4x
Thu, 01 Feb 2024CA$65.0bCA$27.8bCA$3.8b14.6x17.2x2.3x
Sat, 30 Dec 2023CA$64.4bCA$27.8bCA$3.8b14.9x17x2.3x
Mon, 27 Nov 2023CA$63.6bCA$27.8bCA$3.8b14.9x16.8x2.3x
Wed, 25 Oct 2023CA$59.9bCA$27.8bCA$3.7b15.8x16.1x2.2x
Fri, 22 Sep 2023CA$62.3bCA$27.8bCA$3.7b16.1x16.7x2.2x
Sun, 20 Aug 2023CA$62.7bCA$27.8bCA$3.7b16.1x16.8x2.3x
Tue, 18 Jul 2023CA$66.0bCA$27.6bCA$3.6b16.6x18.2x2.4x
Price to Earnings Ratio

18.2x


Total Market Cap: CA$66.0bTotal Earnings: CA$3.6bTotal Revenue: CA$27.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electric Utilities Industry Price to Earnings3Y Average 20.7x202420252026
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 24.5x which is higher than its 3-year average PE of 20.7x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 4.5% per year over the last three years.
  • Revenues for these companies have grown 3.6% 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 Market0.53%
Utilities0.041%
Electric Utilities-1.12%
Electric Utilities-1.12%
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
EMA EmeraCA$75.560.3%
+CA$58.1m		20.0%PE23.3x

Latest News

EMA
CA$75.56
Emera
7D
0.3%
1Y
20.0%
FTS
CA$81.23
Fortis
7D
-0.8%
1Y
25.7%
H
CA$58.57
Hydro One
7D
-0.6%
1Y
19.1%