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

U.K. (FTSE) Water Utilities Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies3
  • 7D2.3%
  • 3M10.9%
  • 1Y29.2%
  • YTD14.5%

In the last week, the Water Utilities industry is up 1.8%, with all of the companies up. This takes the industry's 12 month performance to a gain of 31%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Apr 2026UK£22.0bUK£6.2bUK£746.6m31x29.4x3.5x
Sun, 08 Mar 2026UK£21.1bUK£6.2bUK£746.6m29.8x28.3x3.4x
Tue, 03 Feb 2026UK£19.9bUK£6.2bUK£746.6m28x26.7x3.2x
Thu, 01 Jan 2026UK£19.0bUK£6.2bUK£746.6m26.6x25.5x3.1x
Sat, 29 Nov 2025UK£19.5bUK£6.2bUK£746.6m26.9x26.1x3.2x
Mon, 27 Oct 2025UK£19.4bUK£5.6bUK£436.2m34.3x44.4x3.4x
Wed, 24 Sep 2025UK£17.4bUK£5.6bUK£436.2m31.1x40x3.1x
Fri, 22 Aug 2025UK£18.2bUK£5.6bUK£436.2m32.4x41.8x3.2x
Sun, 20 Jul 2025UK£18.1bUK£5.6bUK£436.2m32x41.5x3.2x
Tue, 17 Jun 2025UK£18.3bUK£5.6bUK£436.2m32.6x41.9x3.3x
Thu, 15 May 2025UK£17.3bUK£5.4bUK£302.0m49.2x57.4x3.2x
Sat, 12 Apr 2025UK£17.2bUK£5.4bUK£302.0m49x57x3.2x
Mon, 10 Mar 2025UK£14.8bUK£5.4bUK£302.0m44.5x49.1x2.7x
Wed, 05 Feb 2025UK£15.7bUK£5.4bUK£302.0m46.4x52.1x2.9x
Fri, 03 Jan 2025UK£16.4bUK£5.4bUK£302.0m48.1x54.3x3x
Sun, 01 Dec 2024UK£17.5bUK£5.4bUK£302.0m51.3x57.8x3.2x
Tue, 29 Oct 2024UK£16.7bUK£5.2bUK£257.6m56.4x64.7x3.2x
Thu, 26 Sep 2024UK£16.8bUK£5.2bUK£257.6m56.5x65.2x3.2x
Sat, 24 Aug 2024UK£16.0bUK£5.2bUK£257.6m53.6x62.3x3.1x
Mon, 22 Jul 2024UK£16.4bUK£5.2bUK£257.6m54.3x63.5x3.2x
Wed, 19 Jun 2024UK£15.8bUK£5.2bUK£257.6m52.8x61.4x3x
Fri, 17 May 2024UK£17.4bUK£5.0bUK£56.9m74.7x305.3x3.5x
Sun, 14 Apr 2024UK£15.9bUK£5.0bUK£56.9m68.3x280x3.2x
Tue, 12 Mar 2024UK£17.0bUK£5.0bUK£56.9m74.4x298.9x3.4x
Thu, 08 Feb 2024UK£16.7bUK£5.0bUK£56.9m72.2x292.8x3.3x
Sat, 06 Jan 2024UK£16.9bUK£5.0bUK£56.9m73.3x296.2x3.4x
Mon, 04 Dec 2023UK£17.1bUK£5.0bUK£56.9m74.5x300.8x3.4x
Wed, 01 Nov 2023UK£17.1bUK£4.8bUK£337.2m60.1x50.7x3.6x
Fri, 29 Sep 2023UK£13.4bUK£4.8bUK£337.2m43.3x39.7x2.8x
Sun, 27 Aug 2023UK£13.9bUK£4.8bUK£337.2m45.3x41.2x2.9x
Tue, 25 Jul 2023UK£15.2bUK£4.8bUK£337.2m49.1x45.1x3.2x
Thu, 22 Jun 2023UK£15.8bUK£4.8bUK£337.2m51.6x47x3.3x
Sat, 20 May 2023UK£16.3bUK£4.7bUK£740.0m38.5x22.1x3.5x
Mon, 17 Apr 2023UK£16.9bUK£4.7bUK£740.0m40.3x22.8x3.6x
Price to Earnings Ratio

22.8x


Total Market Cap: UK£16.9bTotal Earnings: UK£740.0mTotal Revenue: UK£4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Water Utilities Industry Price to Earnings3Y Average 89.5x202420252026
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 Trends

Which industries have driven the changes within the U.K. Utilities industry?

GB Market1.74%
Utilities1.53%
Water Utilities2.28%
Water2.28%
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£32.552.5%
+UK£234.8m		25.9%PE31.1x
UU. United Utilities GroupUK£13.942.2%
+UK£201.2m		30.6%PE23.7x
PNN Pennon GroupUK£5.682.4%
+UK£63.7m		24.1%PE90.6x

Latest News

SVT
UK£32.55
Severn Trent
7D
2.5%
1Y
25.9%

SVT: Clustered 3,300 GBp Views Will Guide A Measured Forward Outlook

Analysts have nudged their fair value estimate for Severn Trent slightly higher to £31.26 from £31.03, citing recent price target moves to £3,300 that reflect updated assumptions on growth, margins and P/E multiples. Analyst Commentary Recent Street commentary on Severn Trent points to a mixed set of views, with several firms adjusting ratings and price targets around the £33.00 level.
UU.
UK£13.94
United Utilities Group
7D
2.2%
1Y
30.6%
PNN
UK£5.68
Pennon Group
7D
2.4%
1Y
24.1%

PNN: Higher £6.50 Fair Value Assumptions Will Support Bullish Re Rating

Analyst price targets for Pennon Group have moved higher, with several recent updates lifting fair value estimates toward around £6.50. This shift is supported by slightly adjusted assumptions on revenue growth, profit margins and future P/E multiples.