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U.S. Electric Utilities Industry Analysis

UpdatedSep 28, 2025
DataAggregated Company Financials
Companies32
  • 7D2.7%
  • 3M7.2%
  • 1Y7.4%
  • YTD14.9%

In the last week, the Electric Utilities industry is up 2.7%, with NextEra Energy up 6.7%. During this same period, the Oklo underperformed, falling 18%. This takes the industry's 12 month performance to a gain of 7.4%. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Sep 2025US$916.7bUS$320.7bUS$40.7b20.7x22.5x2.9x
Tue, 26 Aug 2025US$894.2bUS$320.7bUS$40.7b20.4x22x2.8x
Thu, 24 Jul 2025US$890.0bUS$316.4bUS$38.5b21.8x23.1x2.8x
Sat, 21 Jun 2025US$838.4bUS$316.4bUS$38.5b20.2x21.8x2.7x
Mon, 19 May 2025US$862.6bUS$316.4bUS$38.5b21x22.4x2.7x
Wed, 16 Apr 2025US$811.2bUS$309.3bUS$38.1b20.3x21.3x2.6x
Fri, 14 Mar 2025US$804.9bUS$309.3bUS$37.6b20.3x21.4x2.6x
Sun, 09 Feb 2025US$813.8bUS$308.6bUS$35.8b20.2x22.7x2.6x
Tue, 07 Jan 2025US$798.7bUS$310.4bUS$35.8b20.3x22.3x2.6x
Thu, 05 Dec 2024US$843.3bUS$319.1bUS$36.9b21.2x22.9x2.6x
Sat, 02 Nov 2024US$852.7bUS$318.5bUS$38.0b19.7x22.5x2.7x
Mon, 30 Sep 2024US$859.4bUS$316.7bUS$36.6b20x23.5x2.7x
Wed, 28 Aug 2024US$810.3bUS$316.7bUS$36.6b19.2x22.2x2.6x
Fri, 26 Jul 2024US$761.5bUS$312.6bUS$37.4b18.8x20.3x2.4x
Sun, 23 Jun 2024US$737.1bUS$313.6bUS$38.5b17x19.1x2.4x
Tue, 21 May 2024US$768.3bUS$314.0bUS$38.5b17.7x19.9x2.4x
Thu, 18 Apr 2024US$684.6bUS$316.8bUS$34.9b17.7x19.6x2.2x
Sat, 16 Mar 2024US$666.3bUS$316.8bUS$34.9b17.5x19.1x2.1x
Mon, 12 Feb 2024US$637.8bUS$322.7bUS$31.9b17.3x20x2x
Wed, 10 Jan 2024US$682.1bUS$322.4bUS$31.8b19.5x21.5x2.1x
Fri, 08 Dec 2023US$664.1bUS$322.4bUS$31.8b18.8x20.9x2.1x
Sun, 05 Nov 2023US$650.8bUS$323.1bUS$30.9b18.8x21x2x
Tue, 03 Oct 2023US$618.4bUS$325.0bUS$30.5b17.3x20.3x1.9x
Thu, 31 Aug 2023US$662.0bUS$325.0bUS$30.5b18.8x21.7x2x
Sat, 29 Jul 2023US$711.3bUS$327.1bUS$30.4b19.3x23.4x2.2x
Mon, 26 Jun 2023US$684.9bUS$325.6bUS$28.9b18.5x23.7x2.1x
Wed, 24 May 2023US$685.5bUS$323.5bUS$28.9b19.2x23.7x2.1x
Fri, 21 Apr 2023US$723.3bUS$314.2bUS$29.7b20.1x24.4x2.3x
Sun, 19 Mar 2023US$691.7bUS$314.2bUS$29.7b19.5x23.3x2.2x
Tue, 14 Feb 2023US$698.5bUS$323.5bUS$32.0b19x21.8x2.2x
Thu, 12 Jan 2023US$745.1bUS$320.5bUS$31.5b19.8x23.7x2.3x
Sat, 10 Dec 2022US$728.7bUS$320.5bUS$31.5b19.1x23.1x2.3x
Mon, 07 Nov 2022US$688.1bUS$316.5bUS$33.9b18x20.3x2.2x
Wed, 05 Oct 2022US$704.8bUS$305.5bUS$30.3b18.6x23.2x2.3x
Price to Earnings Ratio

23.2x


Total Market Cap: US$704.8bTotal Earnings: US$30.3bTotal Revenue: US$305.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electric Utilities Industry Price to Earnings3Y Average 21.8x202320242025
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 21.8x.
  • 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-0.58%
Utilities2.48%
Electric Utilities2.65%
Electric Utilities2.65%
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$75.856.7%
+US$9.8b		-10.3%PE26.4x
XEL Xcel EnergyUS$79.289.9%
+US$4.2b		22.8%PE22.6x
SO SouthernUS$94.533.0%
+US$3.0b		4.9%PE24.3x
ETR EntergyUS$92.254.0%
+US$1.6b		40.7%PE23.4x
DUK Duke EnergyUS$123.021.6%
+US$1.5b		6.1%PE20.2x

Latest News

OKLO
US$110.53
Oklo
7D
-18.3%
1Y
1,150.3%
FE
US$45.43
FirstEnergy
7D
5.1%
1Y
3.1%
EIX
US$55.01
Edison International
7D
-1.1%
1Y
-36.6%
XEL
US$79.28
Xcel Energy
7D
9.9%
1Y
22.8%
DUK
US$123.02
Duke Energy
7D
1.6%
1Y
6.1%
ES
US$69.77
Eversource Energy
7D
4.1%
1Y
3.3%

Advanced Grid Modernization And Legislative Support Will Deliver Sustainable Demand

Despite a notable decline in consensus revenue growth forecasts and a modest increase in future P/E, Eversource Energy’s fair value estimate has edged up slightly from $69.71 to $70.77. What's in the News Eversource Energy reaffirmed 2025 EPS guidance of $4.67 to $4.82 per share and a long-term EPS growth target of 5% to 7% through 2029.
HE
US$11.16
Hawaiian Electric Industries
7D
-5.5%
1Y
12.2%

Hawaii Legislation And Grid Modernization Will Strengthen Prospects

The consensus price target for Hawaiian Electric Industries has been lowered as a result of a sharply higher future P/E and a notable decline in net profit margin, reducing fair value from $11.44 to $10.75. What's in the News J.P. Morgan Securities LLC added as Lead Underwriter for Hawaiian Electric’s $500 million Fixed-Income Offering.
ETR
US$92.25
Entergy
7D
4.0%
1Y
40.7%

Gulf South Infrastructure And Renewables Will Drive Future Resilience

Analysts have raised Entergy’s price target to $94.08, citing the company’s strong nuclear portfolio, robust renewables and industrial demand growth, and consistent EPS outperformance, with the recent share pullback viewed as an attractive entry point. Analyst Commentary Bullish analysts cite underappreciated long-term advantages of nuclear energy within Entergy’s generation portfolio.
SO
US$94.53
Southern
7D
3.0%
1Y
4.9%

The Southern Company's (NYSE:SO) Business Is Yet to Catch Up With Its Share Price

Sep 08
The Southern Company's (NYSE:SO) Business Is Yet to Catch Up With Its Share Price
AEP
US$109.14
American Electric Power Company
7D
1.9%
1Y
7.2%

Here's Why American Electric Power Company (NASDAQ:AEP) Has A Meaningful Debt Burden

Sep 03
Here's Why American Electric Power Company (NASDAQ:AEP) Has A Meaningful Debt Burden
NEE
US$75.85
NextEra Energy
7D
6.7%
1Y
-10.3%
MGEE
US$83.26
MGE Energy
7D
-0.9%
1Y
-8.5%
OTTR
US$82.43
Otter Tail
7D
-2.1%
1Y
5.5%

Otter Tail: What Went Wrong, What Comes Next

Aug 10