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Canadian (TSX) Multi-Utilities Industry Analysis

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies3
  • 7D-0.3%
  • 3M6.3%
  • 1Y29.0%
  • YTDn/a

All of the companies in the Multi-Utilities industry have been up over the last week, with the industry up 2.0%. This means that the industry has gained 29% over the past year. As for the next few years, earnings are expected to grow by 51% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Jun 2026CA$28.3bCA$12.4bCA$468.3m50.5x60.4x2.3x
Sun, 17 May 2026CA$27.0bCA$12.3bCA$460.7m49.2x58.7x2.2x
Tue, 14 Apr 2026CA$28.8bCA$12.2bCA$478.8m52.7x60.1x2.4x
Thu, 12 Mar 2026CA$27.0bCA$12.1bCA$474.6m49.8x56.8x2.2x
Sat, 07 Feb 2026CA$25.8bCA$12.1bCA$1.0b22.3x25.8x2.1x
Mon, 05 Jan 2026CA$24.5bCA$12.1bCA$1.0b21.8x24.4x2x
Wed, 03 Dec 2025CA$24.1bCA$12.2bCA$1.1b21.4x22.2x2x
Fri, 31 Oct 2025CA$22.6bCA$12.1bCA$984.1m24x23x1.9x
Sun, 28 Sep 2025CA$21.8bCA$12.1bCA$983.8m23.4x22.1x1.8x
Tue, 26 Aug 2025CA$22.4bCA$12.1bCA$983.2m23.2x22.8x1.9x
Thu, 24 Jul 2025CA$22.8bCA$12.0bCA$1.2b18.6x19.6x1.9x
Sat, 21 Jun 2025CA$22.1bCA$12.0bCA$1.2b17.4x18.9x1.8x
Mon, 19 May 2025CA$21.8bCA$12.1bCA$1.2b17x18.5x1.8x
Wed, 16 Apr 2025CA$20.9bCA$11.9bCA$994.0m25x21.1x1.8x
Fri, 14 Mar 2025CA$20.2bCA$12.0bCA$999.4m23.6x20.2x1.7x
Sun, 09 Feb 2025CA$19.5bCA$12.2bCA$1.4b14x14.4x1.6x
Tue, 07 Jan 2025CA$19.9bCA$12.3bCA$1.4b13.8x14.7x1.6x
Thu, 05 Dec 2024CA$20.7bCA$12.2bCA$1.3b14.6x15.4x1.7x
Sat, 02 Nov 2024CA$20.3bCA$12.1bCA$1.1b17.9x18.8x1.7x
Mon, 30 Sep 2024CA$20.9bCA$12.0bCA$1.1b18.2x19.4x1.7x
Wed, 28 Aug 2024CA$19.7bCA$12.0bCA$1.1b16.9x18.3x1.6x
Fri, 26 Jul 2024CA$19.6bCA$12.1bCA$522.9m13.1x37.5x1.6x
Sun, 23 Jun 2024CA$18.3bCA$12.1bCA$527.3m12.1x34.8x1.5x
Tue, 21 May 2024CA$19.5bCA$12.1bCA$530.1m13x36.7x1.6x
Thu, 18 Apr 2024CA$17.5bCA$12.3bCA$1.1b12.7x16.1x1.4x
Sat, 16 Mar 2024CA$18.1bCA$12.2bCA$1.1b13.2x16.6x1.5x
Mon, 12 Feb 2024CA$17.6bCA$12.5bCA$683.4m11.8x25.8x1.4x
Wed, 10 Jan 2024CA$19.2bCA$15.7bCA$882.4m10.3x21.7x1.2x
Fri, 08 Dec 2023CA$18.6bCA$15.8bCA$877.6m10.2x21.2x1.2x
Sun, 05 Nov 2023CA$18.4bCA$15.9bCA$847.6m10.3x21.7x1.2x
Tue, 03 Oct 2023CA$17.2bCA$16.1bCA$811.5m9.6x21.2x1.1x
Thu, 31 Aug 2023CA$20.0bCA$16.0bCA$815.1m10.8x24.6x1.2x
Sat, 29 Jul 2023CA$20.8bCA$15.9bCA$1.1b10.7x18.6x1.3x
Mon, 26 Jun 2023CA$21.0bCA$16.0bCA$1.2b10.8x17.9x1.3x
Price to Earnings Ratio

17.9x


Total Market Cap: CA$21.0bTotal Earnings: CA$1.2bTotal Revenue: CA$16.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Multi-Utilities Industry Price to Earnings3Y Average 26x202420252026
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 27% per year over the last three years,
  • Revenues have also declined 8.2% 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 Market0.74%
Utilities0.29%
Other Utilities-0.26%
Multi-Utilities-0.26%
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
AQN Algonquin Power & UtilitiesCA$8.351.6%
+CA$100.1m		6.2%PE22.9x
CU Canadian UtilitiesCA$51.730.08%
+CA$10.9m		37.4%PE469.6x

Latest News

AQN
CA$8.35
Algonquin Power & Utilities
7D
1.6%
1Y
6.2%
Narrative Update • Jun 15

AQN: Turnaround Execution And 2026 Rate Case Outcomes Will Drive Future Repricing

Algonquin Power & Utilities' updated analyst price target has edged down slightly to CA$10.10 from CA$10.19, reflecting analysts' recalibration of fair value and growth assumptions following a mix of neutral initiations and more constructive turnaround commentary from recent research. Analyst Commentary Recent Street research on Algonquin Power & Utilities has centered on how much improvement is already reflected in the current share price and what kind of execution is needed for a stronger recovery to play out.
ACO.X
CA$70.97
ATCO
7D
-2.3%
1Y
38.2%
Narrative Update • Jun 04

ACO.X: Higher Bank Confidence And Buybacks Are Expected To Support Steady Returns

ATCO's analyst price target has been raised by CA$3.57 to CA$72.43, as analysts factor in updated fair value estimates along with recent target increases from several major Canadian banks. Analyst Commentary Recent Street research on ATCO points to a cluster of higher price targets across several Canadian banks, which feeds directly into the updated consensus fair value estimate of CA$72.43.
CU
CA$51.73
Canadian Utilities
7D
0.08%
1Y
37.4%
Narrative Update • Jun 04

CU: Higher Margins And Tighter Expectations Will Shape A Steady Forward Profile

Analysts have lifted the average price target for Canadian Utilities to about CA$50.71 from CA$48.43, citing updated views on long term profitability and valuation, including higher projected profit margins and a lower future P/E multiple. Analyst Commentary Recent research reports point to a tighter range of price targets clustered around the new average of about CA$50.71, with several firms lifting their individual targets by CA$1 to CA$4.