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U.K. (FTSE) Water Utilities Industry Analysis

UpdatedJan 19, 2026
DataAggregated Company Financials
Companies3
  • 7D0.8%
  • 3M3.0%
  • 1Y16.1%
  • YTD1.4%

The Water Utilities industry has stayed flat over the last week. The past year has been better, since the industry has gained 16% in that time. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 Jan 2026UK£19.5bUK£6.2bUK£746.6m27.1x26.1x3.1x
Wed, 17 Dec 2025UK£18.6bUK£6.2bUK£746.6m25.8x24.9x3x
Fri, 14 Nov 2025UK£18.9bUK£5.6bUK£436.2m33.6x43.3x3.4x
Sun, 12 Oct 2025UK£18.3bUK£5.6bUK£436.2m32.5x42x3.3x
Tue, 09 Sep 2025UK£17.5bUK£5.6bUK£436.2m31.2x40.1x3.1x
Thu, 07 Aug 2025UK£18.4bUK£5.6bUK£436.2m32.6x42.2x3.3x
Sat, 05 Jul 2025UK£18.0bUK£5.6bUK£436.2m32x41.3x3.2x
Mon, 02 Jun 2025UK£18.5bUK£5.6bUK£452.9m32.8x40.9x3.3x
Wed, 30 Apr 2025UK£18.2bUK£5.4bUK£302.0m51.6x60.3x3.4x
Fri, 28 Mar 2025UK£16.1bUK£5.4bUK£302.0m45.3x53.3x3x
Sun, 23 Feb 2025UK£15.1bUK£5.4bUK£302.0m44.8x50.1x2.8x
Tue, 21 Jan 2025UK£15.7bUK£5.4bUK£302.0m46.1x52.1x2.9x
Thu, 19 Dec 2024UK£16.6bUK£5.4bUK£302.0m48.7x54.9x3.1x
Sat, 16 Nov 2024UK£17.1bUK£5.3bUK£243.9m61.5x70.1x3.2x
Mon, 14 Oct 2024UK£16.2bUK£5.2bUK£257.6m54.8x62.9x3.1x
Wed, 11 Sep 2024UK£17.2bUK£5.2bUK£257.6m57.5x66.6x3.3x
Fri, 09 Aug 2024UK£15.9bUK£5.2bUK£257.6m53x61.6x3.1x
Sun, 07 Jul 2024UK£16.2bUK£5.2bUK£257.6m54.3x63x3.1x
Tue, 04 Jun 2024UK£15.7bUK£5.1bUK£99.4m50.4x157.7x3.1x
Thu, 02 May 2024UK£16.6bUK£5.0bUK£56.9m71.2x291.6x3.3x
Sat, 30 Mar 2024UK£16.3bUK£5.0bUK£56.9m70.4x285.7x3.3x
Mon, 26 Feb 2024UK£16.5bUK£5.0bUK£56.9m72x290.6x3.3x
Wed, 24 Jan 2024UK£16.7bUK£5.0bUK£56.9m72.2x292.9x3.4x
Fri, 22 Dec 2023UK£17.1bUK£5.0bUK£56.9m74.9x300x3.4x
Sun, 19 Nov 2023UK£17.4bUK£4.8bUK£101.0m9785.4x172.4x3.6x
Tue, 17 Oct 2023UK£16.2bUK£4.8bUK£337.2m56.9x48.1x3.4x
Thu, 14 Sep 2023UK£14.1bUK£4.8bUK£337.2m45.8x41.8x2.9x
Sat, 12 Aug 2023UK£14.3bUK£4.8bUK£337.2m45.9x42.4x3x
Mon, 10 Jul 2023UK£14.2bUK£4.8bUK£337.2m45.7x42x3x
Wed, 07 Jun 2023UK£16.4bUK£4.8bUK£337.2m53.3x48.6x3.4x
Fri, 05 May 2023UK£17.2bUK£4.7bUK£740.0m40.3x23.2x3.6x
Sun, 02 Apr 2023UK£16.8bUK£4.7bUK£740.0m40.7x22.6x3.5x
Tue, 28 Feb 2023UK£16.2bUK£4.7bUK£740.0m39.4x22x3.4x
Thu, 26 Jan 2023UK£16.9bUK£4.7bUK£740.0m41.5x22.9x3.6x
Price to Earnings Ratio

22.9x


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 89.1x202420252026
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 Market1.03%
Utilities1.79%
Water Utilities0.84%
Water0.84%
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
UU. United Utilities GroupUK£12.250.8%
+UK£64.8m		23.5%PE20.8x
PNN Pennon GroupUK£5.452.2%
+UK£54.3m		2.3%PE86.9x
SVT Severn TrentUK£28.350.5%
+UK£42.2m		14.1%PE27.1x

Latest News

UU.
UK£12.25
United Utilities Group
7D
0.8%
1Y
23.5%

UU.: Medium-Term Earnings Guidance And Dividend Policy Will Shape Future Performance

Analysts have nudged their price target on United Utilities higher to £13.27 from £12.61, citing updated assumptions on the discount rate, revenue growth, profit margins and future P/E that support a slightly richer valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts see the uplift in the price target to £13.27 as consistent with updated assumptions on discount rate, revenue growth, profit margins and future P/E, which together support a richer valuation framework for United Utilities Group.
PNN
UK£5.45
Pennon Group
7D
2.2%
1Y
2.3%
SVT
UK£28.35
Severn Trent
7D
0.5%
1Y
14.1%

Returns At Severn Trent (LON:SVT) Appear To Be Weighed Down

Jan 07
Returns At Severn Trent (LON:SVT) Appear To Be Weighed Down