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U.S. Electric Utilities Industry Analysis

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies32
  • 7D1.6%
  • 3M19.6%
  • 1Y13.2%
  • YTD14.8%

Over the last 7 days, the Electric Utilities industry has risen 1.6%, driven by gains from NextEra Energy of 4.5%. In the same time, Constellation Energy was down 5.8%. In the last 12 months, the industry was up 13%. Earnings are forecast to grow by 7.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 16 Oct 2022US$634.4bUS$305.5bUS$30.3b16.9x20.9x2.1x
Tue, 13 Sep 2022US$785.8bUS$305.5bUS$30.3b21.5x25.9x2.6x
Thu, 11 Aug 2022US$764.6bUS$305.5bUS$30.3b21.3x25.2x2.5x
Sat, 09 Jul 2022US$699.8bUS$292.9bUS$27.9b21.1x25.1x2.4x
Mon, 06 Jun 2022US$741.8bUS$292.9bUS$27.9b22x26.6x2.5x
Wed, 04 May 2022US$704.6bUS$290.5bUS$25.1b20.7x28x2.4x
Fri, 01 Apr 2022US$738.3bUS$288.1bUS$26.8b21.2x27.6x2.6x
Sun, 27 Feb 2022US$672.5bUS$288.7bUS$26.8b20x25.1x2.3x
Tue, 25 Jan 2022US$697.4bUS$259.0bUS$25.7b22.5x27.1x2.7x
Thu, 23 Dec 2021US$711.1bUS$259.0bUS$25.7b22.4x27.6x2.7x
Sat, 20 Nov 2021US$681.8bUS$259.0bUS$25.7b21.6x26.5x2.6x
Mon, 18 Oct 2021US$667.0bUS$250.9bUS$25.4b21.4x26.2x2.7x
Wed, 15 Sep 2021US$683.4bUS$254.3bUS$23.0b20.8x29.7x2.7x
Fri, 13 Aug 2021US$687.7bUS$250.9bUS$25.4b22.1x27x2.7x
Tue, 08 Jun 2021US$647.0bUS$243.4bUS$23.1b20.5x28x2.7x
Price to Earnings Ratio

28x


Total Market Cap: US$647.0bTotal Earnings: US$23.1bTotal Revenue: US$243.4bTotal 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 19.7x 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 19% per year over the last three years.
  • Revenues for these companies have grown 8.9% 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-0.63%
Utilities1.50%
Electric Utilities1.65%
Electric Utilities1.65%
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$80.024.5%
+US$7.0b		8.4%PE21.9x
SO SouthernUS$80.143.1%
+US$2.6b		15.4%PE20.7x
DUK Duke EnergyUS$103.571.4%
+US$1.1b		15.5%PE18.5x
XEL Xcel EnergyUS$55.453.2%
+US$961.3m		-12.2%PE16.7x
EIX Edison InternationalUS$76.853.1%
+US$877.2m		15.3%PE33.8x
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DUK

US$103.57

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1.4%

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15.5%

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FE

US$40.26

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1Y

6.8%

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ETR

US$112.49

Entergy

7D

3.1%

1Y

13.1%

CEG

US$217.25

Constellation Energy

7D

-5.8%

1Y

148.2%

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OTTR

US$90.47

Otter Tail

7D

-0.5%

1Y

19.9%

NEE

US$80.02

NextEra Energy

7D

4.5%

1Y

8.4%

AGR

US$36.01

Avangrid

7D

-0.5%

1Y

-5.5%

XEL

US$55.45

Xcel Energy

7D

3.2%

1Y

-12.2%

NRG

US$81.00

NRG Energy

7D

-5.8%

1Y

143.2%

SO

US$80.14

Southern

7D

3.1%

1Y

15.4%

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IDA

US$95.47

IDACORP

7D

-0.1%

1Y

-9.2%

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EIX

US$76.85

Edison International

7D

3.1%

1Y

15.3%

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OKLO

US$10.07

Oklo

7D

-0.8%

1Y

-5.7%

EXC

US$37.55

Exelon

7D

2.3%

1Y

-5.4%

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