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Canadian (TSX) Gas Utilities Industry Analysis

UpdatedAug 06, 2025
DataAggregated Company Financials
Companies4
  • 7D0.2%
  • 3M4.0%
  • 1Y19.1%
  • YTD20.2%

Over the last 7 days, the Gas Utilities industry has risen 2.2%, driven by gains from AltaGas of 2.6%. In the last 12 months, the industry was up 19%. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 Aug 2025CA$13.9bCA$16.4bCA$786.4m15.7x17.7x0.9x
Fri, 04 Jul 2025CA$13.5bCA$16.3bCA$569.0m20.4x23.7x0.8x
Sun, 01 Jun 2025CA$13.3bCA$16.3bCA$569.0m20.4x23.3x0.8x
Tue, 29 Apr 2025CA$13.6bCA$15.8bCA$520.8m20.9x26.1x0.9x
Thu, 27 Mar 2025CA$13.2bCA$16.0bCA$519.0m20.1x25.4x0.8x
Sat, 22 Feb 2025CA$11.8bCA$16.0bCA$504.8m41.1x23.4x0.7x
Mon, 20 Jan 2025CA$12.0bCA$16.1bCA$505.2m43.1x23.7x0.7x
Wed, 18 Dec 2024CA$11.2bCA$16.0bCA$504.9m42.1x22.3x0.7x
Fri, 15 Nov 2024CA$11.6bCA$16.0bCA$504.9m44.2x22.9x0.7x
Sun, 13 Oct 2024CA$12.1bCA$16.2bCA$421.6m23.8x28.7x0.7x
Tue, 10 Sep 2024CA$12.2bCA$16.1bCA$421.6m24x29x0.8x
Thu, 08 Aug 2024CA$11.7bCA$16.2bCA$453.2m22.4x25.8x0.7x
Sat, 06 Jul 2024CA$11.4bCA$16.0bCA$627.9m15.1x18.2x0.7x
Mon, 03 Jun 2024CA$11.5bCA$16.0bCA$626.9m15.1x18.3x0.7x
Wed, 01 May 2024CA$11.3bCA$16.4bCA$690.0m13.9x16.4x0.7x
Fri, 29 Mar 2024CA$11.3bCA$16.4bCA$694.0m13.8x16.2x0.7x
Sun, 25 Feb 2024CA$10.9bCA$17.0bCA$635.0m14.7x17.1x0.6x
Tue, 23 Jan 2024CA$10.6bCA$17.1bCA$620.4m14x17.1x0.6x
Thu, 21 Dec 2023CA$10.1bCA$17.1bCA$620.4m13.1x16.3x0.6x
Sat, 18 Nov 2023CA$10.2bCA$17.1bCA$618.3m13.3x16.5x0.6x
Mon, 16 Oct 2023CA$10.1bCA$17.1bCA$521.5m8x19.3x0.6x
Wed, 13 Sep 2023CA$10.2bCA$17.1bCA$521.4m8.1x19.6x0.6x
Fri, 11 Aug 2023CA$10.0bCA$17.1bCA$519.1m11.4x19.2x0.6x
Sun, 09 Jul 2023CA$9.1bCA$17.8bCA$378.5m12.1x24.1x0.5x
Tue, 06 Jun 2023CA$8.9bCA$17.8bCA$378.5m12x23.5x0.5x
Thu, 04 May 2023CA$8.6bCA$17.7bCA$373.7m9.8x23.1x0.5x
Sat, 01 Apr 2023CA$8.6bCA$17.5bCA$285.6m11.2x30.3x0.5x
Mon, 27 Feb 2023CA$9.0bCA$16.8bCA$75.6m21.2x118.9x0.5x
Wed, 25 Jan 2023CA$9.4bCA$16.5bCA$36.8m22x254.3x0.6x
Fri, 23 Dec 2022CA$8.6bCA$16.5bCA$36.8m20.4x234.4x0.5x
Sun, 20 Nov 2022CA$8.4bCA$16.5bCA$40.5m18.5x207.2x0.5x
Tue, 18 Oct 2022CA$9.1bCA$15.7bCA$294.8m27x31x0.6x
Thu, 15 Sep 2022CA$10.6bCA$15.7bCA$294.7m31.7x36x0.7x
Sat, 13 Aug 2022CA$10.5bCA$15.7bCA$297.3m31.1x35.2x0.7x
Price to Earnings Ratio

35.2x


Total Market Cap: CA$10.5bTotal Earnings: CA$297.3mTotal Revenue: CA$15.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gas Utilities Industry Price to Earnings3Y Average 43.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Gas Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.2x which is lower than its 3-year average PE of 43.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have grown 21% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

CA Market-0.13%
Utilities-0.09%
Gas Utilities0.22%
Gas Utilities0.22%
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
ALA AltaGasCA$40.800.4%
+CA$44.9m		24.9%PE15.7x

Latest News

ALA
CA$40.80
AltaGas
7D
0.4%
1Y
24.9%
SPB
CA$6.89
Superior Plus
7D
-0.9%
1Y
-10.9%

Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet

Jul 18
Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet
EVGN
CA$0.41
EverGen Infrastructure
7D
-3.6%
1Y
-80.3%
CFY
CA$0.18
CF Energy
7D
-5.3%
1Y
-14.3%