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U.S. Electric Utilities Industry Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies32
  • 7D-0.4%
  • 3M6.4%
  • 1Y15.6%
  • YTD20.2%

The Electric Utilities is pretty flat in the last 7 days, but NextEra Energy has stood out, gaining 3.7%. As for the the longer term, the industry is up 16% over the past 12 months. 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
Tue, 11 Nov 2025US$961.3bUS$326.2bUS$43.7b20.8x22x2.9x
Thu, 09 Oct 2025US$964.0bUS$320.7bUS$40.7b21.3x23.7x3x
Sat, 06 Sep 2025US$873.6bUS$320.7bUS$40.7b20x21.5x2.7x
Mon, 04 Aug 2025US$893.6bUS$319.2bUS$40.1b20.8x22.3x2.8x
Wed, 02 Jul 2025US$850.5bUS$316.4bUS$38.5b20.5x22.1x2.7x
Fri, 30 May 2025US$842.0bUS$316.4bUS$38.5b21x21.8x2.7x
Sun, 27 Apr 2025US$814.9bUS$310.6bUS$36.6b20.5x22.3x2.6x
Tue, 25 Mar 2025US$816.3bUS$309.3bUS$37.6b20.7x21.7x2.6x
Thu, 20 Feb 2025US$820.9bUS$309.1bUS$38.2b20.6x21.5x2.7x
Sat, 18 Jan 2025US$815.5bUS$310.4bUS$35.8b20.4x22.8x2.6x
Mon, 16 Dec 2024US$812.9bUS$319.1bUS$36.9b20.8x22x2.5x
Wed, 13 Nov 2024US$837.0bUS$319.1bUS$36.9b20.9x22.7x2.6x
Fri, 11 Oct 2024US$836.8bUS$316.7bUS$36.6b19.4x22.9x2.6x
Sun, 08 Sep 2024US$811.5bUS$316.7bUS$36.6b19.7x22.2x2.6x
Tue, 06 Aug 2024US$797.2bUS$315.7bUS$37.9b19.4x21.1x2.5x
Thu, 04 Jul 2024US$730.4bUS$313.6bUS$38.5b17x19x2.3x
Sat, 01 Jun 2024US$759.1bUS$314.0bUS$38.5b17.6x19.7x2.4x
Mon, 29 Apr 2024US$705.4bUS$315.0bUS$35.2b18x20x2.2x
Wed, 27 Mar 2024US$684.3bUS$316.8bUS$34.9b17.5x19.6x2.2x
Fri, 23 Feb 2024US$654.1bUS$321.6bUS$32.2b17.3x20.3x2x
Sun, 21 Jan 2024US$645.0bUS$322.4bUS$31.8b18.1x20.3x2x
Tue, 19 Dec 2023US$670.8bUS$322.4bUS$31.8b18.9x21.1x2.1x
Thu, 16 Nov 2023US$648.1bUS$322.4bUS$31.8b18.3x20.4x2x
Sat, 14 Oct 2023US$622.5bUS$325.0bUS$30.5b18.6x20.4x1.9x
Mon, 11 Sep 2023US$659.2bUS$325.0bUS$30.5b18.7x21.6x2x
Wed, 09 Aug 2023US$676.2bUS$325.2bUS$30.5b19x22.2x2.1x
Fri, 07 Jul 2023US$692.4bUS$325.6bUS$28.9b18.7x23.9x2.1x
Sun, 04 Jun 2023US$677.9bUS$323.5bUS$28.9b19.3x23.4x2.1x
Tue, 02 May 2023US$720.3bUS$319.0bUS$31.9b20.3x22.6x2.3x
Thu, 30 Mar 2023US$694.9bUS$314.2bUS$29.7b19.3x23.4x2.2x
Sat, 25 Feb 2023US$687.8bUS$314.2bUS$29.9b19.3x23x2.2x
Mon, 23 Jan 2023US$714.9bUS$320.5bUS$31.5b19.2x22.7x2.2x
Wed, 21 Dec 2022US$723.8bUS$320.5bUS$31.5b19x23x2.3x
Fri, 18 Nov 2022US$694.7bUS$320.5bUS$31.5b17.9x22.1x2.2x
Price to Earnings Ratio

22.1x


Total Market Cap: US$694.7bTotal 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 12% 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 Market0.088%
Utilities0.53%
Electric Utilities-0.36%
Electric Utilities-0.36%
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
NEE NextEra EnergyUS$84.773.7%
+US$6.2b		11.7%PE27.1x
PCG PG&EUS$16.564.1%
+US$1.4b		-21.5%PE14x
AEP American Electric Power CompanyUS$122.562.2%
+US$1.3b		29.7%PE17.9x
EIX Edison InternationalUS$57.345.4%
+US$1.1b		-31.4%PE7.5x
PPL PPLUS$36.841.2%
+US$326.2m		10.1%PE25x

Latest News

PCG
US$16.56
PG&E
7D
4.1%
1Y
-21.5%
SO
US$90.76
Southern
7D
-2.6%
1Y
2.8%
CEG
US$360.93
Constellation Energy
7D
-4.4%
1Y
52.1%
DUK
US$122.93
Duke Energy
7D
-0.6%
1Y
9.3%

DUK: Upgraded Balance Sheet and Southeast Demand Will Support Stable Returns Ahead

Duke Energy's analyst price target was modestly reduced to $137.24 from $137.60, as analysts point to ongoing improvements in revenue growth and profit margins. This was partially offset by a higher discount rate and recalibrated future valuation multiples.
PPL
US$36.84
PPL
7D
1.2%
1Y
10.1%

PPL Corporation (NYSE:PPL) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 08
PPL Corporation (NYSE:PPL) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
LNT
US$66.96
Alliant Energy
7D
0.7%
1Y
11.7%
NRG
US$166.72
NRG Energy
7D
-4.4%
1Y
76.8%

NRG: Future Data Center Demand Will Drive Significant Upside Potential

NRG Energy's analyst price target has increased from $194.77 to $207.23. Analysts cite rising cash flows, stronger data center demand, and a favorable industry outlook as key drivers for the upward revision.
ES
US$72.51
Eversource Energy
7D
-2.5%
1Y
18.7%
OTTR
US$84.70
Otter Tail
7D
8.6%
1Y
4.0%
POR
US$48.90
Portland General Electric
7D
4.1%
1Y
3.1%

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.
XEL
US$80.40
Xcel Energy
7D
-1.5%
1Y
17.2%

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$122.56
American Electric Power Company
7D
2.2%
1Y
29.7%

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.
EXC
US$45.46
Exelon
7D
-1.6%
1Y
18.4%
EIX
US$57.34
Edison International
7D
5.4%
1Y
-31.4%
NEE
US$84.77
NextEra Energy
7D
3.7%
1Y
11.7%

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$111.52
Oklo
7D
-12.0%
1Y
363.5%