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U.K. (FTSE) Water Industry Analysis

UpdatedDec 20, 2025
DataAggregated Company Financials
Companies3
  • 7D1.5%
  • 3M7.6%
  • 1Y8.2%
  • YTDn/a

Over the last 7 days, the Water industry has risen 1.6%, driven by gains from every company within the industry. In the last 12 months, the industry was up 6.1%. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the U.K. Water Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Dec 2025UK£18.9bUK£6.2bUK£746.6m26.3x25.3x3x
Mon, 17 Nov 2025UK£18.7bUK£5.8bUK£573.1m28.1x32.6x3.2x
Wed, 15 Oct 2025UK£18.5bUK£5.6bUK£436.2m32.8x42.4x3.3x
Fri, 12 Sep 2025UK£17.6bUK£5.6bUK£436.2m31.3x40.3x3.1x
Sun, 10 Aug 2025UK£17.9bUK£5.6bUK£436.2m31.7x41.1x3.2x
Tue, 08 Jul 2025UK£17.9bUK£5.6bUK£436.2m31.7x40.9x3.2x
Thu, 05 Jun 2025UK£18.1bUK£5.6bUK£436.2m32.2x41.5x3.2x
Sat, 03 May 2025UK£18.2bUK£5.4bUK£302.0m51.5x60.2x3.3x
Mon, 31 Mar 2025UK£16.5bUK£5.4bUK£302.0m46.5x54.6x3x
Wed, 26 Feb 2025UK£15.4bUK£5.4bUK£302.0m45.6x50.9x2.8x
Fri, 24 Jan 2025UK£15.6bUK£5.4bUK£302.0m45.8x51.8x2.9x
Sun, 22 Dec 2024UK£16.3bUK£5.4bUK£302.0m47.9x54.1x3x
Tue, 19 Nov 2024UK£17.2bUK£5.3bUK£243.9m61.8x70.4x3.2x
Thu, 17 Oct 2024UK£17.4bUK£5.2bUK£257.6m59x67.7x3.4x
Sat, 14 Sep 2024UK£17.0bUK£5.2bUK£257.6m57.2x66.1x3.3x
Mon, 12 Aug 2024UK£16.0bUK£5.2bUK£257.6m53.7x62.3x3.1x
Wed, 10 Jul 2024UK£16.5bUK£5.2bUK£257.6m55.4x64.1x3.2x
Fri, 07 Jun 2024UK£15.8bUK£5.1bUK£99.4m51.4x159.4x3.1x
Sun, 05 May 2024UK£16.8bUK£5.0bUK£56.9m71.7x296x3.4x
Tue, 02 Apr 2024UK£16.3bUK£5.0bUK£56.9m70.4x285.7x3.3x
Thu, 29 Feb 2024UK£16.4bUK£5.0bUK£56.9m71.1x287.5x3.3x
Sat, 27 Jan 2024UK£16.9bUK£5.0bUK£56.9m72.9x296.6x3.4x
Mon, 25 Dec 2023UK£17.1bUK£5.0bUK£56.9m74.6x300.3x3.4x
Wed, 22 Nov 2023UK£17.2bUK£4.8bUK£101.0m9634.7x170.2x3.5x
Fri, 20 Oct 2023UK£16.2bUK£4.8bUK£337.2m56.9x48.1x3.4x
Sun, 17 Sep 2023UK£14.7bUK£4.8bUK£337.2m47.5x43.5x3.1x
Tue, 15 Aug 2023UK£14.2bUK£4.8bUK£337.2m45.8x42.2x3x
Thu, 13 Jul 2023UK£14.5bUK£4.8bUK£337.2m47x43.1x3x
Sat, 10 Jun 2023UK£16.2bUK£4.8bUK£337.2m52.4x48.1x3.4x
Mon, 08 May 2023UK£17.2bUK£4.7bUK£740.0m40.7x23.3x3.6x
Wed, 05 Apr 2023UK£16.5bUK£4.7bUK£740.0m39.8x22.3x3.5x
Fri, 03 Mar 2023UK£15.6bUK£4.7bUK£740.0m37.5x21.1x3.3x
Sun, 29 Jan 2023UK£17.0bUK£4.7bUK£740.0m41.7x22.9x3.6x
Tue, 27 Dec 2022UK£15.7bUK£4.7bUK£740.0m38.9x21.2x3.3x
Price to Earnings Ratio

21.2x


Total Market Cap: UK£15.7bTotal Earnings: UK£740.0mTotal Revenue: UK£4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Water Industry Price to Earnings3Y Average 88.9x202320242025
Current Industry PE
    There are only 3 companies in the British Water 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 Water Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 9.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does U.K. Water compare with similar industries?

GB Market2.51%
Utilities2.17%
Water Utilities1.53%
Water1.53%
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
SVT Severn TrentUK£27.572.1%
+UK£174.6m		9.6%PE26.3x
UU. United Utilities GroupUK£11.881.0%
+UK£78.4m		13.6%PE20.2x
PNN Pennon GroupUK£5.241.3%
+UK£30.7m		-9.9%PE83.4x

Latest News

PNN
UK£5.24
Pennon Group
7D
1.3%
1Y
-9.9%
UU.
UK£11.88
United Utilities Group
7D
1.0%
1Y
13.6%

UU.: Dividend Outlook And Regulatory Framework Will Shape Near-Term Performance

Analysts have nudged their price target on United Utilities Group higher, raising it from approximately £12.61 to £13.27 per share. This reflects improved confidence in the company’s earnings visibility and defensive cash flow profile.
SVT
UK£27.57
Severn Trent
7D
2.1%
1Y
9.6%

SVT: Dividend Policy And CEO Transition Will Shape Future Risk Reward Balance

Analysts made a modest reduction in their price target for Severn Trent, trimming it by £0.12 per share to reflect a slightly more cautious stance, while keeping their assumptions on growth, margins and valuation multiples broadly unchanged. Analyst Commentary Analysts describe the modest price target cut as a fine tuning of valuation rather than a shift in the underlying investment thesis, with the Neutral stance indicating a balanced risk reward profile at current levels.