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Canadian (TSX) Multi-Utilities Industry Analysis

UpdatedSep 12, 2025
DataAggregated Company Financials
Companies3
  • 7D-0.5%
  • 3M-2.5%
  • 1Y6.5%
  • YTDn/a

The Multi-Utilities industry has stayed flat over the last week. The past year has been better, since the industry has gained 7.4% in that time. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Sep 2025CA$21.8bCA$12.1bCA$983.0m23.2x22.2x1.8x
Mon, 11 Aug 2025CA$22.0bCA$12.0bCA$1.2b17.3x17.9x1.8x
Wed, 09 Jul 2025CA$21.9bCA$12.0bCA$1.2b17.5x18.7x1.8x
Fri, 06 Jun 2025CA$22.4bCA$12.0bCA$1.2b17.8x19.1x1.9x
Sun, 04 May 2025CA$21.7bCA$11.9bCA$992.2m25.3x21.8x1.8x
Tue, 01 Apr 2025CA$21.3bCA$12.0bCA$998.9m24.9x21.3x1.8x
Thu, 27 Feb 2025CA$20.4bCA$12.3bCA$1.4b14.4x15.1x1.7x
Sat, 25 Jan 2025CA$19.5bCA$12.3bCA$1.4b13.8x14.4x1.6x
Mon, 23 Dec 2024CA$19.6bCA$12.3bCA$1.4b14x14.5x1.6x
Wed, 20 Nov 2024CA$20.1bCA$12.2bCA$1.3b14x15x1.7x
Fri, 18 Oct 2024CA$21.0bCA$12.1bCA$1.1b18.7x19.4x1.7x
Sun, 15 Sep 2024CA$20.6bCA$12.0bCA$1.1b18.1x19.2x1.7x
Tue, 13 Aug 2024CA$19.4bCA$12.1bCA$1.1b16.5x18x1.6x
Thu, 11 Jul 2024CA$18.8bCA$12.1bCA$529.9m12.4x35.4x1.6x
Sat, 08 Jun 2024CA$19.0bCA$12.1bCA$525.5m12.8x36.2x1.6x
Mon, 06 May 2024CA$18.6bCA$12.2bCA$1.0b14.1x18.3x1.5x
Wed, 03 Apr 2024CA$18.3bCA$12.2bCA$1.1b13x16.8x1.5x
Fri, 01 Mar 2024CA$17.9bCA$12.6bCA$680.7m12.1x26.3x1.4x
Sun, 28 Jan 2024CA$18.4bCA$15.7bCA$881.2m10.2x20.9x1.2x
Tue, 26 Dec 2023CA$18.7bCA$15.7bCA$885.7m10.2x21.1x1.2x
Thu, 23 Nov 2023CA$18.7bCA$15.8bCA$875.2m10.1x21.4x1.2x
Sat, 21 Oct 2023CA$16.4bCA$16.1bCA$810.5m9.7x20.2x1x
Mon, 18 Sep 2023CA$19.4bCA$16.0bCA$815.3m10.5x23.8x1.2x
Wed, 16 Aug 2023CA$19.5bCA$16.0bCA$816.1m10.6x23.9x1.2x
Fri, 14 Jul 2023CA$20.9bCA$16.0bCA$1.2b10.6x17.8x1.3x
Sun, 11 Jun 2023CA$22.4bCA$16.1bCA$1.2b11.3x19.1x1.4x
Tue, 09 May 2023CA$23.9bCA$16.0bCA$932.3m12.4x25.6x1.5x
Thu, 06 Apr 2023CA$23.2bCA$16.0bCA$827.6m13.6x28x1.5x
Sat, 04 Mar 2023CA$21.4bCA$15.8bCA$1.2b13.7x17.2x1.4x
Mon, 30 Jan 2023CA$21.4bCA$15.6bCA$1.2b14.7x17.6x1.4x
Wed, 28 Dec 2022CA$21.0bCA$15.6bCA$1.2b14.7x17.2x1.3x
Fri, 25 Nov 2022CA$21.7bCA$15.3bCA$1.8b14.6x11.8x1.4x
Sun, 23 Oct 2022CA$23.7bCA$15.0bCA$2.0b14.6x11.6x1.6x
Tue, 20 Sep 2022CA$28.1bCA$14.8bCA$2.0b17.1x14x1.9x
Price to Earnings Ratio

14x


Total Market Cap: CA$28.1bTotal Earnings: CA$2.0bTotal Revenue: CA$14.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Multi-Utilities Industry Price to Earnings3Y Average 20.5x202320242025
Current Industry PE
    There are only 3 companies in the Canadian Multi-Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have declined 21% per year over the last three years,
  • Revenues have also declined 6.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Multi-Utilities compare with similar industries?

CA Market1.61%
Utilities-0.33%
Other Utilities-0.51%
Multi-Utilities-0.51%
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
CU Canadian UtilitiesCA$38.120.1%
+CA$13.6m		6.6%PE23.2x

Latest News

ACO.X
CA$48.87
ATCO
7D
-0.3%
1Y
5.9%
AQN
CA$7.74
Algonquin Power & Utilities
7D
-1.3%
1Y
3.5%

Rate Case Approvals And Grid Modernization Will Secure Future Stability

Algonquin Power & Utilities’ unchanged consensus price target of CA$7.37 reflects a cautiously optimistic outlook supported by improved earnings guidance and growth targets, though execution risks around regulatory rate cases and a valuation in line with peers limit near-term upside. Analyst Commentary Bullish analysts cite Algonquin’s ambitious growth targets and improved long-term earnings outlook as drivers of higher price targets.
CU
CA$38.12
Canadian Utilities
7D
0.1%
1Y
6.6%