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U.S. Electric Utilities Industry Analysis

UpdatedSep 05, 2025
DataAggregated Company Financials
Companies33
  • 7D-1.2%
  • 3M3.0%
  • 1Y7.3%
  • YTD9.5%

Over the last 7 days, the Electric Utilities industry has dropped 1.2%, driven by Constellation Energy declining 3.3%. Over the past 12 months, the industry was up 7.3%. 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
Fri, 05 Sep 2025US$875.9bUS$320.7bUS$40.7b20.1x21.5x2.7x
Sun, 03 Aug 2025US$892.5bUS$319.2bUS$40.1b20.6x22.2x2.8x
Tue, 01 Jul 2025US$850.5bUS$316.4bUS$38.5b20.5x22.1x2.7x
Thu, 29 May 2025US$851.9bUS$316.4bUS$38.5b20.7x22.1x2.7x
Sat, 26 Apr 2025US$817.7bUS$310.6bUS$36.6b20.5x22.3x2.6x
Mon, 24 Mar 2025US$816.3bUS$309.3bUS$37.6b20.6x21.7x2.6x
Wed, 19 Feb 2025US$820.9bUS$309.1bUS$38.2b20.6x21.5x2.7x
Fri, 17 Jan 2025US$794.7bUS$310.4bUS$35.8b20.2x22.2x2.6x
Sun, 15 Dec 2024US$812.9bUS$319.1bUS$36.9b20.8x22x2.5x
Tue, 12 Nov 2024US$837.9bUS$319.1bUS$36.9b20.9x22.7x2.6x
Thu, 10 Oct 2024US$844.4bUS$316.7bUS$36.6b19.3x23.1x2.7x
Sat, 07 Sep 2024US$811.5bUS$316.7bUS$36.6b19.7x22.2x2.6x
Mon, 05 Aug 2024US$797.2bUS$315.7bUS$37.9b20.1x21.1x2.5x
Wed, 03 Jul 2024US$722.1bUS$313.6bUS$38.5b17.1x18.8x2.3x
Fri, 31 May 2024US$760.1bUS$314.0bUS$38.5b17.1x19.7x2.4x
Sun, 28 Apr 2024US$705.4bUS$315.0bUS$35.2b18x20x2.2x
Tue, 26 Mar 2024US$679.5bUS$316.8bUS$34.9b17.6x19.4x2.1x
Thu, 22 Feb 2024US$645.9bUS$320.9bUS$31.8b17.9x20.3x2x
Sat, 20 Jan 2024US$645.0bUS$322.4bUS$31.8b18.1x20.3x2x
Mon, 18 Dec 2023US$670.8bUS$322.4bUS$31.8b19x21.1x2.1x
Wed, 15 Nov 2023US$623.5bUS$322.4bUS$31.8b18.6x19.6x1.9x
Fri, 13 Oct 2023US$624.6bUS$325.0bUS$30.5b18.4x20.5x1.9x
Sun, 10 Sep 2023US$659.2bUS$325.0bUS$30.5b18.7x21.6x2x
Tue, 08 Aug 2023US$672.3bUS$325.9bUS$30.9b18.9x21.8x2.1x
Thu, 06 Jul 2023US$701.5bUS$325.6bUS$28.9b18.8x24.2x2.2x
Sat, 03 Jun 2023US$677.9bUS$323.5bUS$28.9b19.3x23.4x2.1x
Mon, 01 May 2023US$718.0bUS$319.0bUS$31.9b20.2x22.5x2.3x
Wed, 29 Mar 2023US$686.0bUS$314.2bUS$29.7b19.2x23.1x2.2x
Fri, 24 Feb 2023US$686.9bUS$313.4bUS$30.0b19.4x22.9x2.2x
Sun, 22 Jan 2023US$714.9bUS$320.5bUS$31.5b19.2x22.7x2.2x
Tue, 20 Dec 2022US$723.0bUS$320.5bUS$31.5b18.9x23x2.3x
Thu, 17 Nov 2022US$706.8bUS$320.5bUS$31.5b18x22.4x2.2x
Sat, 15 Oct 2022US$634.5bUS$305.5bUS$30.3b16.9x20.9x2.1x
Mon, 12 Sep 2022US$778.1bUS$305.5bUS$30.3b21.2x25.6x2.5x
Price to Earnings Ratio

25.6x


Total Market Cap: US$778.1bTotal 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 21.9x202320242025
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 21.9x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.7x.
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-0.008%
Utilities-1.18%
Electric Utilities-1.24%
Electric Utilities-1.24%
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
PCG PG&EUS$15.231.6%
+US$527.5m		-26.1%PE14.2x
EVRG EvergyUS$71.580.5%
+US$85.2m		18.5%PE19.6x
TXNM TXNM EnergyUS$56.820.6%
+US$33.7m		36.5%PE33.7x
ETR EntergyUS$88.180.06%
+US$22.3m		44.2%PE22.4x
OTTR Otter TailUS$84.430.3%
+US$11.7m		8.0%PE12.4x

Latest News

CEG
US$309.06
Constellation Energy
7D
-3.3%
1Y
75.5%
DUK
US$120.87
Duke Energy
7D
-1.2%
1Y
3.4%

Grid Modernization Investments Will Fuel America's Clean Energy Future

Analysts maintain a positive outlook on Duke Energy due to its underappreciated nuclear assets, strong renewable growth, robust Carolinas load growth, and discounted valuation relative to peers, resulting in an unchanged consensus price target of $132. Analyst Commentary Bullish analysts cite Duke's long-term nuclear assets as underappreciated and positive guidance for large-scale renewables and residential solar.
EVRG
US$71.58
Evergy
7D
0.5%
1Y
18.5%

Data Centers And Renewables Will Transform Grid Infrastructure

Analysts cite improved Kansas regulation, enhanced earnings growth outlook, and stronger credit flexibility as drivers for increased confidence in Evergy, yet the consensus price target remains unchanged at $75.60. Analyst Commentary Improvement in Kansas regulation, highlighted by the Kansas Central settlement, supports a more favorable operating environment.
AEP
US$108.64
American Electric Power Company
7D
-2.8%
1Y
5.4%

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
PCG
US$15.23
PG&E
7D
1.6%
1Y
-26.1%

PG&E (NYSE:PCG) Use Of Debt Could Be Considered Risky

Sep 02
PG&E (NYSE:PCG) Use Of Debt Could Be Considered Risky
ETR
US$88.18
Entergy
7D
0.06%
1Y
44.2%

Entergy Corporation (NYSE:ETR) Shares Could Be 24% Above Their Intrinsic Value Estimate

Aug 31
Entergy Corporation (NYSE:ETR) Shares Could Be 24% Above Their Intrinsic Value Estimate
POR
US$42.66
Portland General Electric
7D
0.05%
1Y
-11.9%
IDA
US$125.17
IDACORP
7D
0.07%
1Y
19.8%

Are IDACORP, Inc. (NYSE:IDA) Investors Paying Above The Intrinsic Value?

Aug 29
Are IDACORP, Inc. (NYSE:IDA) Investors Paying Above The Intrinsic Value?
ES
US$63.42
Eversource Energy
7D
-1.4%
1Y
-6.8%

Advanced Grid Modernization And Legislative Support Will Deliver Sustainable Demand

Eversource Energy's consensus price target was revised down from $71.46 to $69.71, primarily due to a slight decrease in its future P/E multiple. What's in the News Eversource Energy reaffirmed 2025 EPS guidance of $4.67 to $4.82 per share, with a long-term EPS growth projection of 5% to 7% through 2029.
TXNM
US$56.82
TXNM Energy
7D
0.6%
1Y
36.5%
NEE
US$70.87
NextEra Energy
7D
-1.7%
1Y
-11.8%
OKLO
US$69.61
Oklo
7D
-10.6%
1Y
1,096.0%
SO
US$91.87
Southern
7D
-0.4%
1Y
2.6%
OTTR
US$84.43
Otter Tail
7D
0.3%
1Y
8.0%

Otter Tail: What Went Wrong, What Comes Next

Aug 10
EXC
US$43.34
Exelon
7D
-1.0%
1Y
12.8%