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U.S. Electric Utilities Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies33
- 7D-1.0%
- 3M-1.1%
- 1Y7.0%
- YTD10.1%
Over the last 7 days, the Electric Utilities industry has dropped 1.0%, driven by a pullback from NextEra Energy of 2.5%. This takes the industry's 12 month performance to a gain of 7.0%.
Industry Valuation and Performance
Has the U.S. Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | US$680.2b | US$259.0b | US$25.7b | 21.8x |
| Tue, 26 Oct 2021 | US$679.2b | US$250.5b | US$24.6b | 21.1x |
| Thu, 23 Sep 2021 | US$661.9b | US$250.9b | US$25.4b | 21.6x |
| Sat, 21 Aug 2021 | US$702.9b | US$250.9b | US$25.4b | 22x |
| Sat, 05 Jun 2021 | US$647.0b | US$243.4b | US$23.1b | 20.5x |
| Tue, 09 Mar 2021 | US$584.5b | US$231.2b | US$21.3b | 19x |
| Mon, 30 Nov 2020 | US$617.8b | US$230.6b | US$22.0b | 20x |
| Thu, 03 Sep 2020 | US$554.2b | US$213.4b | US$28.0b | 19.2x |
| Sun, 07 Jun 2020 | US$571.2b | US$233.9b | US$22.0b | 20.6x |
| Sat, 29 Feb 2020 | US$600.3b | US$236.8b | US$24.9b | 22.5x |
| Tue, 03 Dec 2019 | US$581.7b | US$227.9b | US$14.1b | 23.1x |
| Fri, 06 Sep 2019 | US$575.7b | US$227.8b | US$15.8b | 23.3x |
| Mon, 10 Jun 2019 | US$533.2b | US$228.5b | US$15.9b | 21.8x |
| Sun, 03 Mar 2019 | US$519.8b | US$228.1b | US$17.4b | 21.6x |
| Wed, 05 Dec 2018 | US$504.9b | US$227.0b | US$27.4b | 20.9x |
PE Ratio
20.9x
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 21.2x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Electric Utilities industry have declined 2.1% per year over the last three years, while revenues for these companies have grown 4.5% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Electric Utilities industry?
| Electric Utilities | -1.02% | |
Industry PE: Investors are most optimistic about the Electric Utilities industry, which is trading close to its 3-year average PE ratio of 21.2x. This is likely because analysts are expecting annual earnings growth of 11%, which is higher than its past year's earnings growth of 3.7% per year.
Forecasted Growth: Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 11% over the next 5 years. This is better than it's past earnings growth rate of 3.7% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| DUK Duke Energy | 0.9%+US$661.6m | 4.9% | PE25.6x | |
| ES Eversource Energy | 1.0%+US$295.7m | -3.7% | PE24.6x | |
| AGR Avangrid | 1.0%+US$201.3m | 10.9% | PE28.2x | |
| EIX Edison International | 0.06%+US$15.2m | 3.4% | PE32.4x | |
| PNM PNM Resources | 0.3%+US$14.6m | 1.1% | PE22x |
