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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies4
  • 7D2.3%
  • 3M6.6%
  • 1Y24.2%
  • YTDn/a

Over the last 7 days, the Electric Utilities industry has risen 2.3%, driven by gains from Hydro One of 3.4%. This takes the industry's 12 month performance to a gain of 24%. As for the next few years, earnings are expected to grow by 6.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Mar 2026CA$97.0bCA$30.3bCA$4.1b22.2x23.6x3.2x
Thu, 29 Jan 2026CA$90.0bCA$29.7bCA$4.1b20.1x21.7x3x
Sat, 27 Dec 2025CA$88.5bCA$29.7bCA$4.1b19.7x21.4x3x
Mon, 24 Nov 2025CA$89.9bCA$29.7bCA$4.1b19.9x21.7x3x
Wed, 22 Oct 2025CA$89.1bCA$29.1bCA$3.9b22.5x23x3.1x
Fri, 19 Sep 2025CA$82.6bCA$29.1bCA$3.9b20.8x21.3x2.8x
Sun, 17 Aug 2025CA$86.1bCA$29.1bCA$3.9b21.7x22.2x3x
Tue, 15 Jul 2025CA$81.2bCA$28.6bCA$3.8b20.6x21.5x2.8x
Thu, 12 Jun 2025CA$80.7bCA$28.6bCA$3.8b20.2x21.4x2.8x
Sat, 10 May 2025CA$84.4bCA$28.6bCA$3.8b20.7x22.3x2.9x
Mon, 07 Apr 2025CA$80.9bCA$27.5bCA$3.3b22.9x24.5x2.9x
Wed, 05 Mar 2025CA$78.0bCA$27.5bCA$3.3b22.3x23.7x2.8x
Fri, 31 Jan 2025CA$73.9bCA$27.5bCA$3.4b21.6x21.8x2.7x
Sun, 29 Dec 2024CA$73.2bCA$27.5bCA$3.4b21.1x21.5x2.7x
Tue, 26 Nov 2024CA$74.5bCA$27.5bCA$3.4b21.9x21.9x2.7x
Thu, 24 Oct 2024CA$74.5bCA$27.1bCA$3.5b20.7x21.6x2.7x
Sat, 21 Sep 2024CA$73.1bCA$27.1bCA$3.5b20.1x21.2x2.7x
Mon, 19 Aug 2024CA$71.2bCA$27.1bCA$3.5b19.4x20.6x2.6x
Wed, 17 Jul 2024CA$64.7bCA$26.7bCA$3.3b19.6x19.7x2.4x
Fri, 14 Jun 2024CA$64.5bCA$26.7bCA$3.3b19.4x19.6x2.4x
Sun, 12 May 2024CA$66.4bCA$27.0bCA$3.6b16.2x18.3x2.5x
Tue, 09 Apr 2024CA$63.6bCA$27.2bCA$3.6b15.9x17.6x2.3x
Thu, 07 Mar 2024CA$64.6bCA$27.2bCA$3.6b15.7x17.9x2.4x
Sat, 03 Feb 2024CA$64.7bCA$27.8bCA$3.8b14.7x17.1x2.3x
Mon, 01 Jan 2024CA$64.8bCA$27.8bCA$3.8b14.9x17.1x2.3x
Wed, 29 Nov 2023CA$63.4bCA$27.8bCA$3.8b14.8x16.7x2.3x
Fri, 27 Oct 2023CA$61.7bCA$27.8bCA$3.7b16.2x16.5x2.2x
Sun, 24 Sep 2023CA$62.5bCA$27.8bCA$3.7b16.1x16.8x2.2x
Tue, 22 Aug 2023CA$62.7bCA$27.8bCA$3.7b15.8x16.8x2.3x
Thu, 20 Jul 2023CA$65.6bCA$27.6bCA$3.6b16.7x18.1x2.4x
Sat, 17 Jun 2023CA$64.5bCA$27.6bCA$3.6b17.3x17.9x2.3x
Mon, 15 May 2023CA$69.9bCA$27.6bCA$3.6b18.7x19.3x2.5x
Wed, 12 Apr 2023CA$69.5bCA$26.7bCA$3.4b19.3x20.7x2.6x
Fri, 10 Mar 2023CA$62.6bCA$26.7bCA$3.4b18.1x18.6x2.3x
Price to Earnings Ratio

18.6x


Total Market Cap: CA$62.6bTotal 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 23.6x 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 7.0% per year over the last three years.
  • Revenues for these companies have grown 4.3% 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 Market1.82%
Utilities1.94%
Electric Utilities2.27%
Electric Utilities2.27%
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$58.150.9%
+CA$305.9m		24.6%PE26x
EMA EmeraCA$70.230.1%
+CA$30.3m		19.5%PE21x
CUP.U Caribbean Utilities CompanyUS$13.460.2%
+US$1.3m		2.0%PE12.3x

Latest News

EMA
CA$70.23
Emera
7D
0.1%
1Y
19.5%
FTS
CA$78.02
Fortis
7D
-0.3%
1Y
21.9%
H
CA$58.15
Hydro One
7D
0.9%
1Y
24.6%
CUP.U
US$13.46
Caribbean Utilities Company
7D
0.2%
1Y
2.0%