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U.K. (FTSE) Utilities Sector Analysis
UpdatedNov 09, 2025
DataAggregated Company Financials
Companies12
- 7D0.8%
- 3M8.3%
- 1Y16.8%
- YTD17.8%
The Utilities industry has stayed flat over the last week. The past year has been better, since the industry has gained 17% in that time. Looking forward, earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the U.K. Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Nov 2025 | UK£110.2b | UK£61.2b | UK£4.8b | 17.3x | 23.1x | 1.8x |
| Tue, 07 Oct 2025 | UK£103.4b | UK£62.1b | UK£4.7b | 16.4x | 21.8x | 1.7x |
| Thu, 04 Sep 2025 | UK£96.7b | UK£62.1b | UK£4.7b | 17.9x | 20.4x | 1.6x |
| Sat, 02 Aug 2025 | UK£104.2b | UK£62.1b | UK£4.7b | 17.1x | 22x | 1.7x |
| Mon, 30 Jun 2025 | UK£102.8b | UK£63.0b | UK£6.4b | 14.5x | 16x | 1.6x |
| Wed, 28 May 2025 | UK£103.0b | UK£63.0b | UK£6.4b | 14.1x | 16x | 1.6x |
| Fri, 25 Apr 2025 | UK£100.1b | UK£63.8b | UK£5.9b | 10.3x | 17x | 1.6x |
| Sun, 23 Mar 2025 | UK£91.7b | UK£64.0b | UK£5.9b | 10.2x | 15.5x | 1.4x |
| Tue, 18 Feb 2025 | UK£89.7b | UK£65.7b | UK£5.8b | 10.1x | 15.5x | 1.4x |
| Thu, 16 Jan 2025 | UK£89.6b | UK£65.7b | UK£5.8b | 10.2x | 15.4x | 1.4x |
| Sat, 14 Dec 2024 | UK£92.4b | UK£65.7b | UK£5.8b | 10.8x | 15.9x | 1.4x |
| Mon, 11 Nov 2024 | UK£93.2b | UK£66.0b | UK£5.6b | 11.6x | 16.8x | 1.4x |
| Wed, 09 Oct 2024 | UK£94.7b | UK£66.5b | UK£6.1b | 11.7x | 15.6x | 1.4x |
| Fri, 06 Sep 2024 | UK£99.2b | UK£66.4b | UK£6.1b | 12.5x | 16.4x | 1.5x |
| Sun, 04 Aug 2024 | UK£97.4b | UK£66.4b | UK£6.1b | 12.3x | 16.1x | 1.5x |
| Tue, 02 Jul 2024 | UK£88.6b | UK£73.1b | UK£8.8b | 13.1x | 10.1x | 1.2x |
| Thu, 30 May 2024 | UK£76.6b | UK£73.8b | UK£8.6b | 11.8x | 8.9x | 1x |
| Sat, 27 Apr 2024 | UK£84.3b | UK£75.7b | UK£7.8b | 13.9x | 10.8x | 1.1x |
| Mon, 25 Mar 2024 | UK£84.3b | UK£75.7b | UK£7.8b | 9.8x | 10.8x | 1.1x |
| Wed, 21 Feb 2024 | UK£83.3b | UK£75.8b | UK£7.4b | 13.9x | 11.2x | 1.1x |
| Fri, 19 Jan 2024 | UK£86.1b | UK£81.4b | UK£7.8b | 12x | 11x | 1.1x |
| Sun, 17 Dec 2023 | UK£89.7b | UK£81.4b | UK£7.8b | 11.8x | 11.5x | 1.1x |
| Tue, 14 Nov 2023 | UK£84.8b | UK£81.7b | UK£7.4b | 12.9x | 11.5x | 1x |
| Thu, 12 Oct 2023 | UK£82.1b | UK£82.7b | UK£7.5b | 12.9x | 10.9x | 1x |
| Sat, 09 Sep 2023 | UK£83.0b | UK£82.5b | UK£7.5b | 13.1x | 11.1x | 1x |
| Mon, 07 Aug 2023 | UK£81.9b | UK£82.5b | UK£7.5b | 13.1x | 10.9x | 1x |
| Wed, 05 Jul 2023 | UK£86.1b | UK£75.8b | UK£2.4b | 19.9x | 36.4x | 1.1x |
| Fri, 02 Jun 2023 | UK£87.3b | UK£74.5b | UK£2.4b | 20.8x | 36.6x | 1.2x |
| Sun, 30 Apr 2023 | UK£91.5b | UK£71.9b | UK£4.1b | 18.4x | 22.1x | 1.3x |
| Tue, 28 Mar 2023 | UK£86.0b | UK£71.9b | UK£4.1b | 17.6x | 20.9x | 1.2x |
| Thu, 23 Feb 2023 | UK£86.9b | UK£70.5b | UK£4.3b | 13.8x | 20.4x | 1.2x |
| Sat, 21 Jan 2023 | UK£85.7b | UK£64.9b | UK£4.0b | 14.1x | 21.4x | 1.3x |
| Mon, 19 Dec 2022 | UK£82.4b | UK£64.9b | UK£4.0b | 12.4x | 20.5x | 1.3x |
| Wed, 16 Nov 2022 | UK£81.6b | UK£62.6b | UK£4.7b | 10.7x | 17.4x | 1.3x |
Price to Earnings Ratio
17.4x
Current Industry PE
- Investors are optimistic on the British Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 23.1x which is higher than its 3-year average PE of 17.0x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- Both revenue and earnings for companies in the Utilities industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the U.K. Utilities sector?
| GB Market | -0.67% | |
| Utilities | 0.82% | |
| Other Utilities | 1.87% | |
| Water Utilities | 0.99% | |
| Gas Utilities | 0% | 0 |
| Renewable Energy | -0.48% | |
| Electric Utilities | -2.46% | |
Industry PE
- Investors are most optimistic about the Water Utilities industry even though it's trading below its 3-year average PE ratio of 86.9x.
- Analysts are expecting annual earnings growth of 18.1%, which is lower than the prior year's growth of 86.1% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 9.4x.
Forecasted Growth
- Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 18% over the next 5 years.
- However this is lower than its past earnings growth rate of 86% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings decline by 21% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NG. National Grid | UK£11.71 | 2.7% +UK£1.5b | 20.0% | PE20.2x | |
| SVT Severn Trent | UK£28.19 | 1.4% +UK£114.4m | 7.4% | PE37x | |
| UU. United Utilities Group | UK£12.15 | 1.2% +UK£95.5m | 16.1% | PE31.3x | |
| CINH Cindrigo Holdings | UK£0.12 | 4.3% +UK£1.7m | n/a | PS471.4x | |
| OPG OPG Power Ventures | UK£0.059 | 4.5% +UK£1.0m | -38.4% | PE16.2x |
