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U.S. Gas Utilities Industry Analysis

UpdatedOct 31, 2024
DataAggregated Company Financials
Companies14
  • 7D-2.1%
  • 3M3.4%
  • 1Y23.2%
  • YTD12.4%

Over the last 7 days, the Gas Utilities industry has dropped 2.1%, driven by Atmos Energy declining 2.4%. This takes the industry's 12 month performance to a gain of 23%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Nov 2024US$62.6bUS$33.5bUS$4.4b17.4x14.1x1.9x
Sun, 29 Sep 2024US$62.7bUS$33.5bUS$4.4b18.3x14.2x1.9x
Tue, 27 Aug 2024US$60.2bUS$33.5bUS$4.4b17x13.6x1.8x
Thu, 25 Jul 2024US$58.4bUS$33.5bUS$3.1b17.3x19.1x1.7x
Sat, 22 Jun 2024US$54.2bUS$33.5bUS$3.1b15.3x17.7x1.6x
Mon, 20 May 2024US$56.4bUS$33.5bUS$3.1b16.1x18.4x1.7x
Wed, 17 Apr 2024US$52.6bUS$34.1bUS$2.2b16.2x24.3x1.5x
Fri, 15 Mar 2024US$54.6bUS$34.1bUS$2.2b16.5x25.2x1.6x
Sun, 11 Feb 2024US$52.0bUS$34.4bUS$1.8b15.1x28.7x1.5x
Tue, 09 Jan 2024US$59.0bUS$38.4bUS$1.5b16.6x39.9x1.5x
Thu, 07 Dec 2023US$57.1bUS$38.4bUS$1.5b16.7x39.3x1.5x
Sat, 04 Nov 2023US$55.4bUS$39.5bUS$1.5b15x36.9x1.4x
Mon, 02 Oct 2023US$50.1bUS$37.5bUS$684.8m17.1x73.2x1.3x
Wed, 30 Aug 2023US$53.0bUS$37.5bUS$684.8m18.3x77.4x1.4x
Fri, 28 Jul 2023US$55.9bUS$38.4bUS$1.5b20x37.7x1.5x
Sun, 25 Jun 2023US$53.2bUS$38.4bUS$1.5b18.8x35.9x1.4x
Tue, 23 May 2023US$54.9bUS$38.4bUS$1.5b19.8x37x1.4x
Thu, 20 Apr 2023US$57.3bUS$38.5bUS$2.4b20.2x24.2x1.5x
Sat, 18 Mar 2023US$56.8bUS$38.5bUS$2.4b19.9x24x1.5x
Mon, 13 Feb 2023US$58.3bUS$37.8bUS$2.7b20.9x21.6x1.5x
Wed, 11 Jan 2023US$57.9bUS$36.7bUS$3.4b20x16.9x1.6x
Fri, 09 Dec 2022US$57.7bUS$36.7bUS$3.4b19.4x16.8x1.6x
Sun, 06 Nov 2022US$54.7bUS$35.3bUS$3.6b19.8x15x1.5x
Tue, 04 Oct 2022US$53.1bUS$35.0bUS$3.6b18.6x14.6x1.5x
Thu, 01 Sep 2022US$58.1bUS$35.0bUS$3.6b20x15.9x1.7x
Sat, 30 Jul 2022US$61.8bUS$32.9bUS$3.6b23.3x17.4x1.9x
Mon, 27 Jun 2022US$57.7bUS$32.9bUS$3.6b21x16.2x1.8x
Wed, 25 May 2022US$61.4bUS$32.9bUS$3.6b22.9x17.3x1.9x
Fri, 22 Apr 2022US$60.5bUS$30.4bUS$3.1b23.3x19.6x2x
Sun, 20 Mar 2022US$60.8bUS$32.1bUS$3.6b20.9x16.8x1.9x
Tue, 15 Feb 2022US$56.5bUS$32.3bUS$3.5b17.1x16.3x1.8x
Thu, 13 Jan 2022US$58.3bUS$30.9bUS$3.8b17.5x15.3x1.9x
Sat, 11 Dec 2021US$56.7bUS$30.9bUS$3.8b17.7x14.8x1.8x
Mon, 08 Nov 2021US$55.6bUS$30.1bUS$3.4b17.2x16.5x1.8x
Price to Earnings Ratio

16.5x


Total Market Cap: US$55.6bTotal Earnings: US$3.4bTotal Revenue: US$30.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gas Utilities Industry Price to Earnings3Y Average 26.1x202220232024
Current Industry PE
  • Investors are pessimistic on the American Gas 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 14.1x which is lower than its 3-year average PE of 26.1x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have grown 9.5% per year over the last three years.
  • Revenues for these companies have grown 3.6% 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 Market0.49%
Utilities-3.44%
Gas Utilities-2.14%
Gas Utilities-2.14%
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
RGCO RGC ResourcesUS$20.600.1%
+US$204.4k		31.2%PE16.7x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

OGS

US$72.20

ONE Gas

7D

-2.1%

1Y

17.5%

Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

Oct 31
Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

ATO

US$139.62

Atmos Energy

7D

-2.4%

1Y

28.5%

Atmos Energy Corporation's (NYSE:ATO) Business Is Yet to Catch Up With Its Share Price

Oct 26
Atmos Energy Corporation's (NYSE:ATO) Business Is Yet to Catch Up With Its Share Price

NFG

US$60.86

National Fuel Gas

7D

-3.3%

1Y

17.8%

SWX

US$73.59

Southwest Gas Holdings

7D

-1.0%

1Y

26.9%

UGI

US$24.16

UGI

7D

-2.9%

1Y

15.8%

SR

US$64.48

Spire

7D

-2.1%

1Y

13.5%

These 4 Measures Indicate That Spire (NYSE:SR) Is Using Debt In A Risky Way

Oct 22
These 4 Measures Indicate That Spire (NYSE:SR) Is Using Debt In A Risky Way

BIPC

US$42.74

Brookfield Infrastructure

7D

-1.8%

1Y

50.3%

We Think Brookfield Infrastructure (NYSE:BIPC) Is Taking Some Risk With Its Debt

Oct 16
We Think Brookfield Infrastructure (NYSE:BIPC) Is Taking Some Risk With Its Debt

NJR

US$46.27

New Jersey Resources

7D

-1.0%

1Y

10.9%

RGCO

US$20.60

RGC Resources

7D

0.1%

1Y

31.2%