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Canadian (TSX) Gas Utilities Industry Analysis

UpdatedJun 28, 2026
DataAggregated Company Financials
Companies4
  • 7D0.5%
  • 3M11.8%
  • 1Y35.4%
  • YTD26.8%

The Gas Utilities industry has stayed flat over the last week. As for the the longer term, the industry is up 35% over the past 12 months. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Jun 2026CA$18.6bCA$16.1bCA$557.4m30.9x33.4x1.2x
Tue, 26 May 2026CA$18.6bCA$16.0bCA$554.7m31.6x33.6x1.2x
Thu, 23 Apr 2026CA$16.8bCA$16.2bCA$811.9m20.1x20.7x1x
Sat, 21 Mar 2026CA$16.5bCA$16.2bCA$812.1m19x20.3x1x
Mon, 16 Feb 2026CA$15.7bCA$16.1bCA$753.0m18.8x20.8x1x
Wed, 14 Jan 2026CA$14.2bCA$16.2bCA$753.5m17x18.8x0.9x
Fri, 12 Dec 2025CA$14.4bCA$16.2bCA$753.2m17.3x19.1x0.9x
Sun, 09 Nov 2025CA$14.5bCA$16.3bCA$793.3m17.1x18.3x0.9x
Tue, 07 Oct 2025CA$14.8bCA$16.4bCA$826.9m16.6x17.9x0.9x
Thu, 04 Sep 2025CA$14.2bCA$16.4bCA$826.2m15.8x17.1x0.9x
Sat, 02 Aug 2025CA$13.8bCA$16.3bCA$569.4m22x24.2x0.8x
Mon, 30 Jun 2025CA$13.4bCA$16.3bCA$569.2m20.5x23.5x0.8x
Wed, 28 May 2025CA$13.2bCA$16.3bCA$570.7m20.5x23.2x0.8x
Fri, 25 Apr 2025CA$13.5bCA$15.9bCA$520.7m20.7x25.9x0.8x
Sun, 23 Mar 2025CA$13.0bCA$16.0bCA$518.8m19.9x25.1x0.8x
Tue, 18 Feb 2025CA$11.7bCA$16.0bCA$504.7m41.3x23.2x0.7x
Thu, 16 Jan 2025CA$11.5bCA$16.0bCA$505.0m41.7x22.7x0.7x
Sat, 14 Dec 2024CA$11.3bCA$16.0bCA$504.8m43.7x22.5x0.7x
Mon, 11 Nov 2024CA$11.6bCA$15.9bCA$504.6m45.1x23x0.7x
Wed, 09 Oct 2024CA$12.0bCA$16.1bCA$421.6m23.6x28.5x0.7x
Fri, 06 Sep 2024CA$12.2bCA$16.1bCA$421.6m23.8x28.9x0.8x
Sun, 04 Aug 2024CA$11.8bCA$16.2bCA$453.4m22.8x25.9x0.7x
Tue, 02 Jul 2024CA$11.4bCA$16.1bCA$628.1m15.2x18.2x0.7x
Thu, 30 May 2024CA$11.4bCA$16.0bCA$627.5m14.9x18.2x0.7x
Sat, 27 Apr 2024CA$11.3bCA$16.4bCA$693.9m13.9x16.3x0.7x
Mon, 25 Mar 2024CA$11.2bCA$16.4bCA$694.0m13.4x16.1x0.7x
Wed, 21 Feb 2024CA$10.8bCA$17.1bCA$620.4m14.4x17.4x0.6x
Fri, 19 Jan 2024CA$10.6bCA$17.1bCA$620.4m14.1x17.1x0.6x
Sun, 17 Dec 2023CA$10.2bCA$17.1bCA$620.4m13.1x16.5x0.6x
Tue, 14 Nov 2023CA$10.0bCA$17.1bCA$618.3m12.9x16.1x0.6x
Thu, 12 Oct 2023CA$10.2bCA$17.1bCA$521.5m8.2x19.7x0.6x
Sat, 09 Sep 2023CA$10.1bCA$17.1bCA$521.4m8x19.3x0.6x
Mon, 07 Aug 2023CA$9.8bCA$17.1bCA$519.1m11.4x19x0.6x
Wed, 05 Jul 2023CA$9.2bCA$17.8bCA$378.5m12x24.3x0.5x
Price to Earnings Ratio

24.3x


Total Market Cap: CA$9.2bTotal Earnings: CA$378.5mTotal Revenue: CA$17.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gas Utilities Industry Price to Earnings3Y Average 21.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Gas Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.4x which is higher than its 3-year average PE of 21.4x.
  • The 3-year average PS ratio of 0.78x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have grown 14% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.2% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

CA Market-0.35%
Utilities3.07%
Gas Utilities0.49%
Gas Utilities0.49%
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$54.310.8%
+CA$137.2m		40.7%PE33.7x
EVGN EverGen InfrastructureCA$0.423.7%
+CA$388.2k		-19.2%PS0.9x

Latest News

SPB
CA$7.85
Superior Plus
7D
-2.6%
1Y
-1.5%
ALA
CA$54.31
AltaGas
7D
0.8%
1Y
40.7%
EVGN
CA$0.42
EverGen Infrastructure
7D
3.7%
1Y
-19.2%
CFY
CA$0.095
CF Energy
7D
-13.6%
1Y
-38.7%