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Canadian (TSX) Multi-Utilities Industry Analysis

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies3
  • 7D-0.3%
  • 3M7.8%
  • 1Y18.1%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 1.5%, driven by a pullback from Canadian Utilities of 0.4%. In the past year, the industry has gained 17%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025CA$23.6bCA$12.1bCA$1.1b21.1x21.8x1.9x
Tue, 11 Nov 2025CA$24.1bCA$12.2bCA$1.1b21.4x22.2x2x
Thu, 09 Oct 2025CA$22.5bCA$12.1bCA$983.9m23.6x22.8x1.9x
Sat, 06 Sep 2025CA$21.8bCA$12.1bCA$983.2m23.2x22.2x1.8x
Mon, 04 Aug 2025CA$22.5bCA$12.1bCA$1.2b18x18.3x1.9x
Wed, 02 Jul 2025CA$21.9bCA$12.0bCA$1.2b17.4x18.7x1.8x
Fri, 30 May 2025CA$22.0bCA$12.0bCA$1.2b16.7x18.8x1.8x
Sun, 27 Apr 2025CA$21.5bCA$11.9bCA$992.8m25.4x21.7x1.8x
Tue, 25 Mar 2025CA$20.8bCA$12.0bCA$998.0m24.2x20.8x1.7x
Thu, 20 Feb 2025CA$19.9bCA$12.2bCA$1.3b13.9x14.8x1.6x
Sat, 18 Jan 2025CA$19.5bCA$12.3bCA$1.4b14x14.3x1.6x
Mon, 16 Dec 2024CA$20.0bCA$12.2bCA$1.3b14.2x14.8x1.6x
Wed, 13 Nov 2024CA$20.0bCA$12.1bCA$1.4b13.9x13.8x1.7x
Fri, 11 Oct 2024CA$20.3bCA$12.1bCA$1.1b17.9x18.8x1.7x
Sun, 08 Sep 2024CA$19.9bCA$12.0bCA$1.1b17.5x18.4x1.7x
Tue, 06 Aug 2024CA$20.4bCA$12.1bCA$491.1m14.1x41.5x1.7x
Thu, 04 Jul 2024CA$18.6bCA$12.1bCA$529.7m12.2x35.1x1.5x
Sat, 01 Jun 2024CA$18.7bCA$12.1bCA$529.7m12.6x35.2x1.5x
Mon, 29 Apr 2024CA$18.3bCA$12.2bCA$1.1b13.2x16.8x1.5x
Wed, 27 Mar 2024CA$18.3bCA$12.2bCA$1.1b13.2x16.8x1.5x
Fri, 23 Feb 2024CA$18.1bCA$12.5bCA$682.8m12.2x26.5x1.4x
Sun, 21 Jan 2024CA$18.4bCA$15.8bCA$880.7m10.2x20.9x1.2x
Tue, 19 Dec 2023CA$19.1bCA$15.7bCA$882.5m10.1x21.6x1.2x
Thu, 16 Nov 2023CA$18.5bCA$15.8bCA$875.5m10.4x21.1x1.2x
Sat, 14 Oct 2023CA$17.3bCA$16.0bCA$811.9m9.9x21.3x1.1x
Mon, 11 Sep 2023CA$19.3bCA$16.0bCA$812.2m10.3x23.8x1.2x
Wed, 09 Aug 2023CA$19.9bCA$16.0bCA$1.1b10.5x17.9x1.2x
Fri, 07 Jul 2023CA$21.2bCA$16.1bCA$1.2b10.7x18.1x1.3x
Sun, 04 Jun 2023CA$22.5bCA$16.1bCA$1.2b11.6x19.2x1.4x
Tue, 02 May 2023CA$23.6bCA$16.1bCA$928.5m12.4x25.4x1.5x
Thu, 30 Mar 2023CA$22.6bCA$16.0bCA$825.1m13.1x27.4x1.4x
Sat, 25 Feb 2023CA$22.1bCA$15.7bCA$1.2b14.7x18.1x1.4x
Mon, 23 Jan 2023CA$21.8bCA$15.6bCA$1.2b15.1x17.9x1.4x
Wed, 21 Dec 2022CA$20.9bCA$15.7bCA$1.2b14.6x17.2x1.3x
Price to Earnings Ratio

17.2x


Total Market Cap: CA$20.9bTotal Earnings: CA$1.2bTotal Revenue: CA$15.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Multi-Utilities Industry Price to Earnings3Y Average 21.3x202320242025
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 3.8% 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 Market0.76%
Utilities-0.77%
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
ACO.X ATCOCA$53.360.2%
+CA$9.0m		11.2%PE13.9x

Latest News

ACO.X
CA$53.36
ATCO
7D
0.2%
1Y
11.2%
CU
CA$41.52
Canadian Utilities
7D
-0.5%
1Y
17.2%

CU: Incremental Rate Benefits Will Support Defensive Profile Amid Fair Valuation

Analysts have nudged their price target for Canadian Utilities modestly higher, reflecting a series of incremental target increases across the Street to roughly C$41 to C$44, as they cite resilient regulated utility performance despite a more volatile macro and rate backdrop. Analyst Commentary Bullish analysts see the steady drumbeat of price target increases, from the low C$40s to the mid C$40s, as validation that Canadian Utilities execution in its regulated businesses is tracking at or slightly ahead of expectations.
AQN
CA$8.10
Algonquin Power & Utilities
7D
-0.2%
1Y
27.6%

AQN: Future Leadership And Earnings Profile Will Support A Balanced Outlook

Analysts have nudged their price target on Algonquin Power & Utilities slightly higher, reflecting modestly improved assumptions around long term revenue growth, profit margins, and forward valuation multiples. What's in the News Algonquin Power & Utilities appointed Robert J.