Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Electric Utilities Industry Analysis

UpdatedJul 26, 2026
DataAggregated Company Financials
Companies30
  • 7D2.9%
  • 3M-1.4%
  • 1Y10.3%
  • YTD5.5%

In the last week, the Electric Utilities industry is up 2.9%, with Constellation Energy up 8.7%. In the last 12 months, the industry was up 10%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Jul 2026US$1.0tUS$345.6bUS$47.6b22.4x21.2x2.9x
Wed, 24 Jun 2026US$971.9bUS$344.7bUS$46.3b21.9x21x2.8x
Fri, 22 May 2026US$975.6bUS$355.5bUS$47.4b21.7x20.6x2.7x
Sun, 19 Apr 2026US$1.0tUS$332.6bUS$44.2b22.2x23x3.1x
Tue, 17 Mar 2026US$1.0tUS$332.6bUS$44.3b21.7x23.1x3.1x
Thu, 12 Feb 2026US$958.8bUS$327.2bUS$44.0b21.5x21.8x2.9x
Sat, 10 Jan 2026US$918.1bUS$324.7bUS$43.5b20.1x21.1x2.8x
Mon, 08 Dec 2025US$930.2bUS$326.2bUS$43.7b19.9x21.3x2.9x
Wed, 05 Nov 2025US$964.9bUS$324.9bUS$42.1b21.6x22.9x3x
Fri, 03 Oct 2025US$935.8bUS$320.7bUS$40.7b21x23x2.9x
Sun, 31 Aug 2025US$880.4bUS$320.7bUS$40.7b20.2x21.6x2.7x
Tue, 29 Jul 2025US$882.2bUS$317.1bUS$38.9b21.5x22.7x2.8x
Thu, 26 Jun 2025US$853.7bUS$316.4bUS$38.5b20.3x22.1x2.7x
Sat, 24 May 2025US$836.7bUS$316.4bUS$38.5b20.8x21.7x2.6x
Mon, 21 Apr 2025US$812.3bUS$309.3bUS$38.1b20.5x21.3x2.6x
Wed, 19 Mar 2025US$823.2bUS$309.3bUS$37.6b20.8x21.9x2.7x
Fri, 14 Feb 2025US$828.2bUS$309.4bUS$37.4b20.3x22.2x2.7x
Sun, 12 Jan 2025US$785.0bUS$285.5bUS$33.0b19.6x23.8x2.7x
Tue, 10 Dec 2024US$835.5bUS$319.1bUS$36.9b20.9x22.7x2.6x
Thu, 07 Nov 2024US$837.1bUS$319.2bUS$38.0b20.3x22.1x2.6x
Sat, 05 Oct 2024US$866.1bUS$316.7bUS$36.6b19.7x23.7x2.7x
Mon, 02 Sep 2024US$814.4bUS$316.7bUS$36.6b19.5x22.3x2.6x
Wed, 31 Jul 2024US$765.2bUS$313.8bUS$37.7b18.7x20.3x2.4x
Fri, 28 Jun 2024US$735.8bUS$313.6bUS$38.5b17.2x19.1x2.3x
Sun, 26 May 2024US$760.3bUS$314.0bUS$38.5b17.2x19.7x2.4x
Tue, 23 Apr 2024US$698.5bUS$316.8bUS$34.9b18.1x20x2.2x
Thu, 21 Mar 2024US$677.7bUS$316.8bUS$34.9b17.6x19.4x2.1x
Sat, 17 Feb 2024US$647.3bUS$321.1bUS$31.8b17.6x20.3x2x
Mon, 15 Jan 2024US$669.4bUS$322.4bUS$31.8b18.8x21.1x2.1x
Wed, 13 Dec 2023US$661.6bUS$322.4bUS$31.8b18.8x20.8x2.1x
Fri, 10 Nov 2023US$638.8bUS$322.5bUS$31.8b18x20.1x2x
Sun, 08 Oct 2023US$599.0bUS$325.0bUS$30.5b18x19.6x1.8x
Tue, 05 Sep 2023US$653.4bUS$325.0bUS$30.5b18.5x21.4x2x
Thu, 03 Aug 2023US$694.9bUS$327.3bUS$30.2b19.5x23x2.1x
Price to Earnings Ratio

23x


Total Market Cap: US$694.9bTotal Earnings: US$30.2bTotal Revenue: US$327.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electric Utilities Industry Price to Earnings3Y Average 21.5x202420252026
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 21.5x.
  • The 3-year average PS ratio of 2.6x 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 17% 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-1.05%
Utilities2.21%
Electric Utilities2.93%
Electric Utilities2.93%
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
CEG Constellation EnergyUS$274.358.7%
+US$7.8b		-16.2%PE25.8x
DUK Duke EnergyUS$130.524.4%
+US$4.3b		8.8%PE20.1x
NRG NRG EnergyUS$141.039.2%
+US$2.5b		-9.9%PE173x
SO SouthernUS$97.252.0%
+US$2.2b		2.0%PE25.1x
NEE NextEra EnergyUS$89.781.1%
+US$2.1b		25.0%PE20.1x

Latest News

NRG
US$141.03
NRG Energy
7D
9.2%
1Y
-9.9%
NEE
US$89.78
NextEra Energy
7D
1.1%
1Y
25.0%
POR
US$52.05
Portland General Electric
7D
-0.7%
1Y
25.7%
OKLO
US$40.25
Oklo
7D
-2.1%
1Y
-46.7%
DUK
US$130.52
Duke Energy
7D
4.4%
1Y
8.8%
SO
US$97.25
Southern
7D
2.0%
1Y
2.0%
AEP
US$135.54
American Electric Power Company
7D
2.6%
1Y
23.5%
IDA
US$148.57
IDACORP
7D
-0.1%
1Y
20.5%
Narrative Update • Jul 22

IDA: Capital Plan Execution And Equity Issuance Will Shape 2026 Earnings Profile

Analysts have raised the IDACORP fair value estimate by $5.10 to $158.10, reflecting updated price targets and views on load growth, rate-base expansion, and valuation compared with other regulated utilities. Analyst Commentary Recent research updates on IDACORP point to a mixed but generally constructive view on the stock, with several firms refining price targets and expectations around load growth, capital plans, and relative valuation versus other regulated utilities.
CEG
US$274.35
Constellation Energy
7D
8.7%
1Y
-16.2%
Seeking Alpha • Jul 19

Constellation Energy: The Inventory Is Smaller Than The Gap

Summary Constellation Energy is uniquely positioned with the largest deliverable carbon-free inventory, controlling over half of the US merchant nuclear pool. CEG’s investment case hinges on structural scarcity: its uncontracted nuclear inventory is smaller than the massive data-center-driven supply gap, supporting durable pricing power. Guidance excludes upside from ~147 TWh of uncontracted nuclear, offering a free, unmodeled option potentially worth +$1.5 to $4 EPS over five years. I rate CEG a Buy for its downside-protected, contracted base and mispriced optionality, favoring entry on weakness toward the mid-$250s. Read the full article on Seeking Alpha
PNW
US$106.06
Pinnacle West Capital
7D
-1.6%
1Y
16.7%
OTTR
US$92.34
Otter Tail
7D
-0.5%
1Y
17.6%
EXC
US$47.53
Exelon
7D
2.7%
1Y
8.0%
XEL
US$81.67
Xcel Energy
7D
3.7%
1Y
12.4%