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U.S. Utilities Sector Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies131
  • 7D-3.2%
  • 3M-4.9%
  • 1Y3.8%
  • YTD6.0%

Over the last 7 days, the Utilities industry has dropped 3.2%, driven by pullbacks in Dominion Energy and Duke Energy of 4.8% and 3.7%, respectively. This takes the industry's 12 month performance to a gain of 3.8%.

Sector Valuation and Performance

Has the U.S. Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021US$1.1tUS$443.3bUS$39.3b21.6x
Fri, 29 Oct 2021US$1.2tUS$431.6bUS$41.6b22.1x
Sun, 26 Sep 2021US$1.1tUS$429.8bUS$42.1b21.5x
Tue, 24 Aug 2021US$1.2tUS$430.6bUS$42.0b22.2x
Wed, 30 Jun 2021US$1.1tUS$430.0bUS$42.1b21.5x
Sat, 03 Apr 2021US$1.1tUS$418.5bUS$40.8b21.7x
Tue, 05 Jan 2021US$1.1tUS$399.8bUS$35.9b20.8x
Fri, 09 Oct 2020US$991.7bUS$398.4bUS$36.0b19.3x
Thu, 02 Jul 2020US$933.8bUS$381.2bUS$42.5b20.1x
Sun, 05 Apr 2020US$918.0bUS$402.3bUS$35.1b21.9x
Wed, 08 Jan 2020US$1.1tUS$407.9bUS$40.2b24x
Tue, 01 Oct 2019US$1.1tUS$400.2bUS$28.8b24.9x
Fri, 05 Jul 2019US$978.9bUS$400.2bUS$29.9b24x
Mon, 08 Apr 2019US$947.2bUS$400.8bUS$29.8b22.9x
Thu, 10 Jan 2019US$843.4bUS$391.2bUS$32.2b22.4x
PE Ratio

21.1x

Total Market Cap: US$882.6bTotal Earnings: US$43.5bTotal Revenue: US$392.3b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 22.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Utilities industry have declined 3.3% per year over the last three years, while revenues for these companies have grown 4.2% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Utilities sector?

Electric Utilities-2.72%
Water Utilities-2.94%
Other Utilities-3.61%
Renewable Energy-4.46%
Gas Utilities-5.07%

Industry PE: Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 44.7x. This is likely because analysts are expecting annual earnings growth of 47%, which is higher than its past year's earnings decline of 20% per year. Meanwhile, investors are most pessimistic about the Gas Utilities industry, which is trading below its 3-year average of 20.9x.

Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 47% over the next 5 years. This is better than its past earnings decline of 20% per year. Meanwhile, the Gas Utilities industry is expected to see its earnings grow by 6.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
MIC Macquarie Infrastructure Holdings0.6%+US$1.8m-88.9%PS0.4x
GNE Genie Energy1.0%+US$1.3m-37.0%PS0.3x
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EXC

US$52.73

Exelon

7D

-3.0%

1Y

27.8%

SO

US$61.10

Southern

7D

-3.0%

1Y

0.9%