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U.S. Electric Utilities Industry Analysis

UpdatedOct 10, 2025
DataAggregated Company Financials
Companies33
  • 7D3.7%
  • 3M12.2%
  • 1Y16.8%
  • YTD21.5%

In the last week, the Electric Utilities industry is up 3.8%, with NextEra Energy up 7.1%. In the last 12 months, the industry was up 17%. 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
Fri, 10 Oct 2025US$971.7bUS$320.7bUS$40.7b21.1x23.9x3x
Sun, 07 Sep 2025US$873.6bUS$320.7bUS$40.7b20x21.5x2.7x
Tue, 05 Aug 2025US$895.2bUS$319.5bUS$40.1b21x22.3x2.8x
Thu, 03 Jul 2025US$857.8bUS$316.4bUS$38.5b20.5x22.3x2.7x
Sat, 31 May 2025US$848.5bUS$316.4bUS$38.5b21.2x22x2.7x
Mon, 28 Apr 2025US$814.9bUS$310.6bUS$36.6b20.5x22.3x2.6x
Wed, 26 Mar 2025US$815.7bUS$309.3bUS$38.1b20.3x21.4x2.6x
Fri, 21 Feb 2025US$832.7bUS$309.6bUS$37.3b20.8x22.3x2.7x
Sun, 19 Jan 2025US$816.0bUS$310.4bUS$35.8b20.4x22.8x2.6x
Tue, 17 Dec 2024US$812.9bUS$319.1bUS$36.9b20.7x22x2.5x
Thu, 14 Nov 2024US$827.1bUS$319.1bUS$36.9b20.8x22.4x2.6x
Sat, 12 Oct 2024US$835.8bUS$316.7bUS$36.6b19.6x22.8x2.6x
Mon, 09 Sep 2024US$811.5bUS$316.7bUS$36.6b19.7x22.2x2.6x
Wed, 07 Aug 2024US$777.0bUS$315.7bUS$37.9b19.6x20.5x2.5x
Fri, 05 Jul 2024US$730.4bUS$313.6bUS$38.5b17x19x2.3x
Sun, 02 Jun 2024US$773.1bUS$314.0bUS$38.5b17.6x20.1x2.5x
Tue, 30 Apr 2024US$705.4bUS$315.0bUS$35.2b18.2x20x2.2x
Thu, 28 Mar 2024US$693.5bUS$316.8bUS$34.9b17.9x19.8x2.2x
Sat, 24 Feb 2024US$654.1bUS$322.9bUS$32.6b17.1x20.1x2x
Mon, 22 Jan 2024US$644.5bUS$322.4bUS$31.8b18.1x20.3x2x
Wed, 20 Dec 2023US$672.7bUS$322.4bUS$31.8b19.1x21.2x2.1x
Fri, 17 Nov 2023US$648.5bUS$322.4bUS$31.8b18.4x20.4x2x
Sun, 15 Oct 2023US$622.5bUS$325.0bUS$30.5b18.6x20.4x1.9x
Tue, 12 Sep 2023US$661.9bUS$325.0bUS$30.5b18.8x21.7x2x
Thu, 10 Aug 2023US$677.6bUS$325.2bUS$30.5b19.1x22.2x2.1x
Sat, 08 Jul 2023US$686.5bUS$325.6bUS$28.9b18.7x23.7x2.1x
Mon, 05 Jun 2023US$677.9bUS$323.5bUS$28.9b19.3x23.4x2.1x
Wed, 03 May 2023US$712.1bUS$319.0bUS$31.9b20x22.3x2.2x
Fri, 31 Mar 2023US$697.7bUS$314.2bUS$29.7b19.4x23.5x2.2x
Sun, 26 Feb 2023US$687.8bUS$314.2bUS$29.9b19.3x23x2.2x
Tue, 24 Jan 2023US$715.0bUS$320.5bUS$31.5b19x22.7x2.2x
Thu, 22 Dec 2022US$734.4bUS$320.5bUS$31.5b19.3x23.3x2.3x
Sat, 19 Nov 2022US$707.7bUS$320.5bUS$31.5b18.2x22.5x2.2x
Mon, 17 Oct 2022US$634.4bUS$305.5bUS$30.3b16.9x20.9x2.1x
Price to Earnings Ratio

20.9x


Total Market Cap: US$634.4bTotal 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 3.0x.
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 Market0.32%
Utilities2.94%
Electric Utilities3.67%
Electric Utilities3.67%
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$83.717.1%
+US$11.4b		3.4%PE29.1x
CEG Constellation EnergyUS$383.237.2%
+US$8.1b		46.1%PE39.8x
SO SouthernUS$96.132.4%
+US$2.5b		8.9%PE24.7x
DUK Duke EnergyUS$124.712.6%
+US$2.4b		10.2%PE20.5x
AEP American Electric Power CompanyUS$116.913.0%
+US$1.8b		20.3%PE17.1x

Latest News

CEG
US$383.23
Constellation Energy
7D
7.2%
1Y
46.1%
NEE
US$83.71
NextEra Energy
7D
7.1%
1Y
3.4%
AEP
US$116.91
American Electric Power Company
7D
3.0%
1Y
20.3%

Capital Investments And Regulatory Moves Will Secure Future Grid

American Electric Power Company's analyst price target has been modestly increased to $115.83 from $115. Analysts cite ongoing execution, robust demand trends, and the company's strategic positioning in large load development as key supporting factors.
SO
US$96.13
Southern
7D
2.4%
1Y
8.9%

Southeastern US Electrification And Renewables Will Expand Future Markets

Narrative Update on Southern: Analyst Price Target Revision Analysts have slightly increased their price target for Southern by $0.41 to $97.15. This adjustment reflects modest improvements in expected revenue growth, even though the profit margin forecast is marginally lower.
DUK
US$124.71
Duke Energy
7D
2.6%
1Y
10.2%
PCG
US$16.24
PG&E
7D
3.9%
1Y
-16.9%
EXC
US$46.66
Exelon
7D
3.8%
1Y
18.8%
OGE
US$45.35
OGE Energy
7D
-0.2%
1Y
14.4%

OGE Energy (NYSE:OGE) Is Increasing Its Dividend To $0.425

Sep 27
OGE Energy (NYSE:OGE) Is Increasing Its Dividend To $0.425
OKLO
US$138.13
Oklo
7D
7.2%
1Y
1,308.1%
EIX
US$53.07
Edison International
7D
-2.6%
1Y
-36.1%
HE
US$11.03
Hawaiian Electric Industries
7D
-0.7%
1Y
12.6%

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.
OTTR
US$76.36
Otter Tail
7D
-4.1%
1Y
1.0%

Otter Tail: What Went Wrong, What Comes Next

Aug 10