Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Water Industry Analysis

UpdatedSep 10, 2026
DataAggregated Company Financials
Companies3
  • 7D-2.4%
  • 3M0.6%
  • 1Y14.0%
  • YTDn/a

Over the last 7 days, the Water industry has dropped 4.8%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 17%. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 10 Sep 2026UK£20.8bUK£6.7bUK£1.0b23.1x19.8x3.1x
Sat, 08 Aug 2026UK£22.4bUK£6.7bUK£1.0b24.2x21.3x3.3x
Mon, 06 Jul 2026UK£21.3bUK£6.7bUK£1.0b24.4x20.3x3.2x
Wed, 03 Jun 2026UK£20.6bUK£6.6bUK£987.4m23.5x20.8x3.1x
Fri, 01 May 2026UK£22.4bUK£6.2bUK£746.6m31.2x30x3.6x
Sun, 29 Mar 2026UK£20.2bUK£6.2bUK£746.6m28.6x27.1x3.3x
Tue, 24 Feb 2026UK£21.4bUK£6.2bUK£746.6m30.1x28.7x3.5x
Thu, 22 Jan 2026UK£19.4bUK£6.2bUK£746.6m27.3x26x3.1x
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
Price to Earnings Ratio

43.5x


Total Market Cap: UK£14.7bTotal Earnings: UK£337.2mTotal Revenue: UK£4.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Water Industry Price to Earnings3Y Average 87.4x202420252026
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 grown 46% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

GB Market-0.70%
Utilities-0.50%
Water Utilities-2.39%
Water-2.39%
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
No data available

Latest News

PNN
UK£4.47
Pennon Group
7D
-3.1%
1Y
-3.8%
Narrative Update • Aug 25

PNN: Supportive Regulation Will Underpin Cash Flow Visibility And Dividend Appeal

Pennon Group's analyst price target has been trimmed in line with a slightly lower fair value estimate of £5.77 and a modestly higher discount rate, as analysts factor in the recent series of reduced Street targets around £5.50 to £6.50, within what they describe as a more supportive UK water regulatory backdrop. Analyst Commentary Pennon Group sits in the middle of a cluster of recent Street views that point to a more supportive UK water regulatory backdrop, while still reflecting some caution in price targets.
UU.
UK£13.22
United Utilities Group
7D
-2.9%
1Y
17.0%
Narrative Update • Aug 03

UU.: Supportive Regulation And Mixed Sentiment Will Shape Post Repricing Outcomes

United Utilities Group's analyst fair value estimate has edged higher to £15.07 from £14.80 as analysts weigh a mix of higher and lower price targets across the Street, along with updated assumptions on revenue growth, profit margins and future P/E levels. Analyst Commentary Recent research on United Utilities Group shows a mix of optimism and caution as analysts adjust price targets in light of sector regulation, revenue expectations and valuation assumptions.
SVT
UK£29.12
Severn Trent
7D
-2.5%
1Y
13.9%
Narrative Update • Jul 16

SVT: Dividend Policy And Supportive Regulation Will Shape Balanced 3,500 GBp Outlook

The analyst fair value estimate for Severn Trent has moved modestly higher to £32.47 from £31.69, as analysts factor in updated assumptions on revenue growth, profit margins and future P/E multiples, against a backdrop of mixed price target revisions and a more supportive regulatory setting for UK water utilities. Analyst Commentary Recent Street research on Severn Trent reflects a mix of optimism and caution, with analysts adjusting price targets around the current fair value estimate while weighing the impact of the UK water sector's changing regulatory setting.