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U.S. Electric Utilities Industry Analysis

UpdatedJun 05, 2024
DataAggregated Company Financials
Companies32
  • 7D0.5%
  • 3M15.7%
  • 1Y11.5%
  • YTD13.3%

Over the last 7 days, the Electric Utilities industry has remained flat, although notably Southern gained 4.1%. The past year has been better, since the industry has gained 11% in that time. As for the next few years, earnings are expected to grow by 7.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Jun 2024US$762.9bUS$314.0bUS$38.5b17.5x19.8x2.4x
Fri, 03 May 2024US$719.5bUS$315.5bUS$35.8b17.7x20.1x2.3x
Sun, 31 Mar 2024US$698.0bUS$316.8bUS$34.9b17.9x20x2.2x
Tue, 27 Feb 2024US$640.3bUS$321.9bUS$33.5b16.7x19.1x2x
Thu, 25 Jan 2024US$643.7bUS$322.4bUS$31.8b17.9x20.3x2x
Sat, 23 Dec 2023US$662.5bUS$322.4bUS$31.8b18.8x20.9x2.1x
Mon, 20 Nov 2023US$649.3bUS$322.4bUS$31.8b18.2x20.4x2x
Wed, 18 Oct 2023US$627.1bUS$325.0bUS$30.5b18.6x20.6x1.9x
Fri, 15 Sep 2023US$671.3bUS$325.0bUS$30.5b19.4x22x2.1x
Sun, 13 Aug 2023US$679.4bUS$325.0bUS$30.5b19.2x22.3x2.1x
Tue, 11 Jul 2023US$683.8bUS$325.6bUS$28.9b18.6x23.6x2.1x
Thu, 08 Jun 2023US$678.8bUS$323.5bUS$28.9b19.6x23.5x2.1x
Sat, 06 May 2023US$719.0bUS$323.1bUS$28.8b20x25x2.2x
Mon, 03 Apr 2023US$703.0bUS$314.2bUS$29.7b19.5x23.7x2.2x
Wed, 01 Mar 2023US$667.0bUS$314.2bUS$29.6b18.8x22.5x2.1x
Fri, 27 Jan 2023US$706.9bUS$322.3bUS$31.9b19.1x22.2x2.2x
Sun, 25 Dec 2022US$736.3bUS$320.5bUS$31.5b19.4x23.4x2.3x
Tue, 22 Nov 2022US$710.6bUS$320.5bUS$31.5b18.3x22.6x2.2x
Thu, 20 Oct 2022US$650.7bUS$305.5bUS$30.3b17.1x21.4x2.1x
Sat, 17 Sep 2022US$749.8bUS$305.5bUS$30.3b21.1x24.7x2.5x
Mon, 15 Aug 2022US$777.0bUS$305.5bUS$30.3b21.8x25.6x2.5x
Wed, 13 Jul 2022US$701.4bUS$292.9bUS$27.9b21.3x25.2x2.4x
Fri, 10 Jun 2022US$721.0bUS$292.9bUS$27.9b21.7x25.9x2.5x
Sun, 08 May 2022US$718.5bUS$291.0bUS$27.1b20.8x26.5x2.5x
Tue, 05 Apr 2022US$742.1bUS$288.1bUS$26.8b21.5x27.7x2.6x
Thu, 03 Mar 2022US$675.0bUS$288.2bUS$26.8b20.1x25.2x2.3x
Sat, 29 Jan 2022US$683.0bUS$260.1bUS$27.0b22.6x25.3x2.6x
Mon, 27 Dec 2021US$710.9bUS$259.0bUS$25.7b22.3x27.6x2.7x
Wed, 24 Nov 2021US$691.5bUS$259.0bUS$25.7b22x26.9x2.7x
Fri, 22 Oct 2021US$679.1bUS$250.5bUS$24.6b21.4x27.5x2.7x
Sun, 19 Sep 2021US$665.7bUS$250.9bUS$25.4b21.8x26.2x2.7x
Tue, 17 Aug 2021US$693.0bUS$250.9bUS$25.4b22.2x27.2x2.8x
Price to Earnings Ratio

25x


Total Market Cap: US$636.4bTotal Earnings: US$25.4bTotal Revenue: US$250.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electric Utilities Industry Price to Earnings3Y Average 23.7x202220232024
Current Industry PE
  • Investors are pessimistic on the American Electric Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.8x which is lower than its 3-year average PE of 23.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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 industry?

US Market-0.65%
Utilities0.46%
Electric Utilities0.51%
Electric Utilities0.51%
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
SO SouthernUS$80.714.1%
+US$3.5b		16.3%PE20.8x
DUK Duke EnergyUS$104.603.4%
+US$2.6b		16.5%PE18.7x
ES Eversource EnergyUS$60.827.1%
+US$1.4b		-13.1%PS1.9x
XEL Xcel EnergyUS$56.034.3%
+US$1.3b		-11.8%PE16.9x
AEP American Electric Power CompanyUS$90.382.0%
+US$927.7m		8.3%PE16.9x
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Latest News

NEE

US$77.15

NextEra Energy

7D

-0.5%

1Y

5.1%

DUK

US$104.60

Duke Energy

7D

3.4%

1Y

16.5%

Duke Energy: AI Upside In A Solid Utility

May 31

FE

US$40.21

FirstEnergy

7D

3.7%

1Y

6.4%

Is There An Opportunity With FirstEnergy Corp.'s (NYSE:FE) 39% Undervaluation?

May 30
Is There An Opportunity With FirstEnergy Corp.'s (NYSE:FE) 39% Undervaluation?

ETR

US$111.59

Entergy

7D

3.8%

1Y

12.8%

CEG

US$203.14

Constellation Energy

7D

-12.2%

1Y

126.8%

Constellation Energy: Expensive But Well Positioned Alongside Robust Demand

May 28

OTTR

US$89.27

Otter Tail

7D

-0.02%

1Y

19.3%

AGR

US$35.70

Avangrid

7D

-0.4%

1Y

-6.6%

XEL

US$56.03

Xcel Energy

7D

4.3%

1Y

-11.8%

NRG

US$77.83

NRG Energy

7D

-7.2%

1Y

136.3%

SO

US$80.71

Southern

7D

4.1%

1Y

16.3%

The Southern Company: A Premium Valuation With Lukewarm Growth

May 24

EIX

US$76.52

Edison International

7D

3.2%

1Y

14.7%

Edison International Subsidiary's Preferred Benefits From Reduced Fire Risk

May 22

AEP

US$90.38

American Electric Power Company

7D

2.0%

1Y

8.3%

OKLO

US$8.57

Oklo

7D

-20.6%

1Y

-17.4%

ES

US$60.82

Eversource Energy

7D

7.1%

1Y

-13.1%

Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing

May 11
Return Trends At Eversource Energy (NYSE:ES) Aren't Appealing

HE

US$10.36

Hawaiian Electric Industries

7D

-0.5%

1Y

-71.9%