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

U.S. Electric Utilities Industry Analysis

UpdatedNov 07, 2025
DataAggregated Company Financials
Companies32
  • 7D-2.5%
  • 3M5.4%
  • 1Y16.0%
  • YTD19.0%

Over the last 7 days, the Electric Utilities industry has dropped 1.8%, driven by Constellation Energy declining 8.2%. In the past year, the industry has gained 17%. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Nov 2025US$959.2bUS$325.7bUS$43.7b20.5x22x2.9x
Sun, 05 Oct 2025US$947.4bUS$320.7bUS$40.7b21.1x23.3x3x
Tue, 02 Sep 2025US$880.4bUS$320.7bUS$40.7b20.2x21.6x2.7x
Thu, 31 Jul 2025US$881.4bUS$317.1bUS$38.9b22x22.6x2.8x
Sat, 28 Jun 2025US$849.7bUS$316.4bUS$38.5b20.4x22x2.7x
Mon, 26 May 2025US$846.5bUS$316.4bUS$38.5b20.8x22x2.7x
Wed, 23 Apr 2025US$792.5bUS$309.3bUS$38.1b20.5x20.8x2.6x
Fri, 21 Mar 2025US$817.8bUS$309.3bUS$37.6b20.7x21.8x2.6x
Sun, 16 Feb 2025US$820.8bUS$309.5bUS$37.4b20.3x22x2.7x
Tue, 14 Jan 2025US$785.0bUS$285.5bUS$33.0b19.6x23.8x2.7x
Thu, 12 Dec 2024US$819.3bUS$319.1bUS$36.9b20.8x22.2x2.6x
Sat, 09 Nov 2024US$826.0bUS$319.8bUS$38.1b20.6x21.7x2.6x
Mon, 07 Oct 2024US$862.8bUS$316.7bUS$36.6b19.7x23.6x2.7x
Wed, 04 Sep 2024US$814.4bUS$316.7bUS$36.6b19.7x22.3x2.6x
Fri, 02 Aug 2024US$779.5bUS$314.2bUS$37.6b20x20.7x2.5x
Sun, 30 Jun 2024US$726.6bUS$313.6bUS$38.5b17.1x18.9x2.3x
Tue, 28 May 2024US$760.3bUS$314.0bUS$38.5b17.2x19.7x2.4x
Thu, 25 Apr 2024US$708.5bUS$315.8bUS$35.2b18.3x20.1x2.2x
Sat, 23 Mar 2024US$679.4bUS$316.8bUS$34.9b17.4x19.4x2.1x
Mon, 19 Feb 2024US$646.3bUS$320.9bUS$31.8b17.6x20.3x2x
Wed, 17 Jan 2024US$669.4bUS$322.4bUS$31.8b18.7x21.1x2.1x
Fri, 15 Dec 2023US$688.8bUS$322.4bUS$31.8b19.4x21.7x2.1x
Sun, 12 Nov 2023US$631.7bUS$322.4bUS$31.8b18.2x19.9x2x
Tue, 10 Oct 2023US$603.7bUS$325.0bUS$30.5b18.2x19.8x1.9x
Thu, 07 Sep 2023US$645.5bUS$325.0bUS$30.5b18.1x21.2x2x
Sat, 05 Aug 2023US$673.0bUS$325.9bUS$30.9b19x21.8x2.1x
Mon, 03 Jul 2023US$690.4bUS$325.6bUS$28.9b18.6x23.9x2.1x
Wed, 31 May 2023US$669.0bUS$323.5bUS$28.9b18.8x23.1x2.1x
Fri, 28 Apr 2023US$718.1bUS$318.4bUS$32.0b20.4x22.4x2.3x
Sun, 26 Mar 2023US$684.3bUS$314.2bUS$29.7b19.2x23.1x2.2x
Tue, 21 Feb 2023US$704.3bUS$312.0bUS$30.3b19.7x23.2x2.3x
Thu, 19 Jan 2023US$720.7bUS$320.5bUS$31.5b19.3x22.9x2.2x
Sat, 17 Dec 2022US$726.7bUS$320.5bUS$31.5b18.9x23.1x2.3x
Mon, 14 Nov 2022US$701.5bUS$320.5bUS$31.5b18.1x22.3x2.2x
Price to Earnings Ratio

22.3x


Total Market Cap: US$701.5bTotal Earnings: US$31.5bTotal Revenue: US$320.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electric Utilities Industry Price to Earnings3Y Average 21.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Electric 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 21.9x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 10% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

US Market-1.75%
Utilities-1.38%
Electric Utilities-2.52%
Electric Utilities-2.52%
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
PCG PG&EUS$16.332.7%
+US$945.1m		-19.8%PE13.8x
NEE NextEra EnergyUS$82.000.4%
+US$749.7m		9.9%PE26.3x
ETR EntergyUS$95.70-0.4%
US$388.5m		31.1%PE23.9x
POR Portland General ElectricUS$47.774.3%
+US$355.6m		2.8%PE17.7x
EIX Edison InternationalUS$56.561.7%
+US$354.0m		-30.6%PE7.4x

Latest News

DUK
US$124.00
Duke Energy
7D
-1.0%
1Y
11.6%
NRG
US$170.10
NRG Energy
7D
-1.8%
1Y
76.5%
OTTR
US$84.27
Otter Tail
7D
8.6%
1Y
2.2%
POR
US$47.77
Portland General Electric
7D
4.3%
1Y
2.8%

POR: Sector Tailwinds And Competitive Risks Will Shape Near-Term Performance

Analysts have modestly increased their price target for Portland General Electric, raising it from $47.55 to $47.83 per share. They cited an improved revenue growth outlook and generally positive sector trends following the company’s recent quarterly updates.
ETR
US$95.70
Entergy
7D
-0.4%
1Y
31.1%
XEL
US$80.54
Xcel Energy
7D
-1.3%
1Y
21.7%

XEL: Ongoing Litigation Settlements And Renewables Access Will Shape Future Performance

Analysts have increased their average price target for Xcel Energy by over $3 to approximately $88. This reflects increased confidence after the Marshall Fire legal settlements and improved earnings growth projections.
AEP
US$119.53
American Electric Power Company
7D
-1.9%
1Y
24.1%

AEP: Data Center Demand And Regulatory Outcomes Will Shape Earnings Path Forward

American Electric Power Company's analyst price target has increased from $120.41 to $127.32. Analysts cite stronger projected revenue growth and robust demand fundamentals to support the upward revision.
SO
US$90.90
Southern
7D
-4.4%
1Y
4.6%

SO: Recent Equity Offering and Improved Margins Will Shape Future Performance

Analysts have raised their price target for Southern from $100.08 to $100.45 per share. They cited slight improvements in projected profit margins while also noting a marginal reduction in expected revenue growth.
EXC
US$45.71
Exelon
7D
-2.9%
1Y
20.0%
HE
US$11.59
Hawaiian Electric Industries
7D
0.09%
1Y
9.5%

Returns At Hawaiian Electric Industries (NYSE:HE) Are On The Way Up

Nov 04
Returns At Hawaiian Electric Industries (NYSE:HE) Are On The Way Up
EIX
US$56.56
Edison International
7D
1.7%
1Y
-30.6%
CEG
US$351.30
Constellation Energy
7D
-8.2%
1Y
45.4%
TXNM
US$57.07
TXNM Energy
7D
0.4%
1Y
27.5%
NEE
US$82.00
NextEra Energy
7D
0.4%
1Y
9.9%

NEE: Long-Term Clean Energy Demand Will Drive Future Performance

The analyst consensus price target for NextEra Energy has increased by over $4 to $91.00. Analysts cite constructive developments related to power purchase agreements and sustained demand for clean energy assets as reasons for the adjustment.
OKLO
US$106.75
Oklo
7D
-22.3%
1Y
301.9%
PCG
US$16.33
PG&E
7D
2.7%
1Y
-19.8%

Surging Data Center Demand Will Drive Major Utility Infrastructure Upgrades

Analysts have raised PG&E's fair value price target from $20.69 to $21.23 per share, citing the company's positioning amid robust electricity demand, a positive regulatory environment, and ongoing upgrades to utility assets. Analyst Commentary Recent research from multiple firms highlights both positive momentum and lingering concerns for PG&E, shaping a nuanced outlook on the company's share price and future potential.