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U.S. Utilities Sector Analysis

UpdatedJan 22, 2025
DataAggregated Company Financials
Companies118
  • 7D5.6%
  • 3M-2.5%
  • 1Y30.0%
  • YTD4.7%

The Utilities industry is up 5.6% in the last week, with Constellation Energy up 12%. In the last 12 months, the industry was up 30%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Jan 2025US$1.4tUS$528.1bUS$58.6b20.1x23.4x2.6x
Fri, 20 Dec 2024US$1.3tUS$532.1bUS$61.1b19.5x21.3x2.5x
Sun, 17 Nov 2024US$1.4tUS$533.4bUS$61.6b20.5x22.5x2.6x
Tue, 15 Oct 2024US$1.4tUS$522.9bUS$60.5b19.6x22.8x2.6x
Thu, 12 Sep 2024US$1.3tUS$522.9bUS$60.5b19.5x22.1x2.6x
Sat, 10 Aug 2024US$1.3tUS$522.8bUS$62.0b19.3x20.7x2.5x
Mon, 08 Jul 2024US$1.2tUS$517.6bUS$60.4b18x19.8x2.3x
Wed, 05 Jun 2024US$1.2tUS$518.1bUS$60.4b18.5x20.6x2.4x
Fri, 03 May 2024US$1.2tUS$525.5bUS$58.6b18.9x20.2x2.2x
Sun, 31 Mar 2024US$1.2tUS$561.5bUS$56.9b18.5x20.9x2.1x
Tue, 27 Feb 2024US$1.1tUS$532.5bUS$55.0b17.3x19.3x2x
Thu, 25 Jan 2024US$1.1tUS$543.9bUS$53.5b17.9x20x2x
Sat, 23 Dec 2023US$1.1tUS$543.9bUS$53.5b19.2x20.7x2x
Mon, 20 Nov 2023US$1.1tUS$544.5bUS$53.2b18.8x20.3x2x
Wed, 18 Oct 2023US$1.0tUS$549.7bUS$50.8b18.9x20.4x1.9x
Fri, 15 Sep 2023US$1.1tUS$549.8bUS$50.8b20.3x21.9x2x
Sun, 13 Aug 2023US$1.1tUS$549.3bUS$49.6b20.9x22.7x2.1x
Tue, 11 Jul 2023US$1.1tUS$551.7bUS$45.7b20.2x24.8x2.1x
Thu, 08 Jun 2023US$1.1tUS$549.4bUS$46.6b20.4x24.3x2.1x
Sat, 06 May 2023US$1.2tUS$546.9bUS$45.5b20.9x26.2x2.2x
Mon, 03 Apr 2023US$1.2tUS$532.0bUS$45.1b20.9x26.1x2.2x
Wed, 01 Mar 2023US$1.1tUS$531.1bUS$46.3b20.2x24.3x2.1x
Fri, 27 Jan 2023US$1.2tUS$533.3bUS$50.5b21.1x23.6x2.2x
Sun, 25 Dec 2022US$1.2tUS$531.4bUS$50.1b21.2x24.4x2.3x
Tue, 22 Nov 2022US$1.2tUS$531.3bUS$50.1b20.9x23.8x2.2x
Thu, 20 Oct 2022US$1.1tUS$505.2bUS$45.1b19.3x24.4x2.2x
Sat, 17 Sep 2022US$1.3tUS$505.3bUS$45.1b22x29.4x2.6x
Mon, 15 Aug 2022US$1.3tUS$505.2bUS$45.1b23.2x29.2x2.6x
Wed, 13 Jul 2022US$1.2tUS$484.2bUS$43.7b22.8x27.5x2.5x
Fri, 10 Jun 2022US$1.2tUS$484.2bUS$43.7b23.2x28.4x2.6x
Sun, 08 May 2022US$1.2tUS$481.9bUS$42.9b23.7x28.9x2.6x
Tue, 05 Apr 2022US$1.3tUS$472.6bUS$40.6b24.8x31.7x2.7x
Thu, 03 Mar 2022US$1.2tUS$479.8bUS$41.5b22.4x28.6x2.5x
Sat, 29 Jan 2022US$1.2tUS$463.0bUS$40.3b23.4x29.5x2.6x
Price to Earnings Ratio

29.5x


Total Market Cap: US$1.2tTotal Earnings: US$40.3bTotal Revenue: US$463.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 24x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 24.0x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 4.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market3.83%
Utilities5.64%
Renewable Energy6.49%
Other Utilities5.82%
Electric Utilities5.72%
Gas Utilities4.34%
Water Utilities3.05%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 428x.
    • Analysts are expecting annual earnings growth of 11.1%, which is lower than the prior year's growth of 26.9% per year.
  • Investors are most pessimistic about the Other Utilities industry, which is trading below its 3-year average of 23.7x.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 4.1% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 7.2% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CEG Constellation EnergyUS$323.6412.0%
+US$10.9b
172.7%PE35.4x
NEE NextEra EnergyUS$70.854.2%
+US$5.9b
23.5%PE21x
SRE SempraUS$86.5110.8%
+US$5.3b
20.6%PE19x
VST VistraUS$185.358.7%
+US$5.0b
365.1%PE34.1x
DUK Duke EnergyUS$110.773.7%
+US$3.0b
15.9%PE19.8x
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Latest News

AES

US$11.75

AES

7D

-0.8%

1Y

-30.1%

BEPC

US$25.32

Brookfield Renewable

7D

-2.5%

1Y

-11.3%

CEG

US$323.64

Constellation Energy

7D

12.0%

1Y

172.7%

SO

US$84.73

Southern

7D

3.3%

1Y

23.1%

NOVA

US$3.07

Sunnova Energy International

7D

-6.4%

1Y

-72.0%

DUK

US$110.77

Duke Energy

7D

3.7%

1Y

15.9%

NEE

US$70.85

NextEra Energy

7D

4.2%

1Y

23.5%

ALCE

US$0.49

Alternus Clean Energy

7D

-7.3%

1Y

-98.1%

AMPS

US$3.59

Altus Power

7D

-9.6%

1Y

-36.9%

VVPR

US$1.14

VivoPower International

7D

-5.8%

1Y

-10.2%