Header cover image

U.S. Gas Utilities Industry Analysis

UpdatedApr 22, 2025
DataAggregated Company Financials
Companies15
  • 7D0.4%
  • 3M3.6%
  • 1Y18.9%
  • YTD9.7%

Over the last 7 days, the Gas Utilities industry has remained flat. The past year has been better, since the industry has gained 19% in that time. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Apr 2025US$73.2bUS$35.3bUS$2.5b19x29.2x2.1x
Thu, 20 Mar 2025US$71.6bUS$35.3bUS$2.5b19.5x28.5x2x
Sat, 15 Feb 2025US$70.6bUS$35.3bUS$2.5b18.8x28.6x2x
Mon, 13 Jan 2025US$64.3bUS$38.1bUS$2.3b17.8x27.7x1.7x
Wed, 11 Dec 2024US$68.4bUS$38.1bUS$2.3b18.8x29.4x1.8x
Fri, 08 Nov 2024US$66.3bUS$38.1bUS$2.9b18x22.6x1.7x
Sun, 06 Oct 2024US$62.4bUS$33.5bUS$4.4b17.5x14.1x1.9x
Tue, 03 Sep 2024US$60.5bUS$33.5bUS$4.4b17.2x13.7x1.8x
Thu, 01 Aug 2024US$59.2bUS$33.5bUS$3.1b17.3x19.2x1.8x
Sat, 29 Jun 2024US$54.3bUS$33.5bUS$3.1b15.8x17.7x1.6x
Mon, 27 May 2024US$54.4bUS$33.5bUS$3.1b15.6x17.7x1.6x
Wed, 24 Apr 2024US$56.3bUS$34.1bUS$2.2b16.9x26x1.7x
Fri, 22 Mar 2024US$54.5bUS$34.1bUS$2.2b16.3x25.2x1.6x
Sun, 18 Feb 2024US$52.7bUS$34.4bUS$1.8b15x29.1x1.5x
Tue, 16 Jan 2024US$57.7bUS$38.4bUS$1.5b15.8x39x1.5x
Thu, 14 Dec 2023US$56.8bUS$38.4bUS$1.5b17.1x38.4x1.5x
Sat, 11 Nov 2023US$53.6bUS$39.4bUS$1.6b14.4x33.6x1.4x
Mon, 09 Oct 2023US$50.0bUS$37.5bUS$684.8m16.9x73x1.3x
Wed, 06 Sep 2023US$51.9bUS$37.5bUS$684.8m17.8x75.7x1.4x
Fri, 04 Aug 2023US$54.3bUS$37.3bUS$650.2m19.1x83.5x1.5x
Sun, 02 Jul 2023US$54.1bUS$38.4bUS$1.5b18.9x36.5x1.4x
Tue, 30 May 2023US$54.3bUS$38.4bUS$1.5b19.8x36.6x1.4x
Thu, 27 Apr 2023US$55.8bUS$38.5bUS$2.4b19.6x23.6x1.5x
Sat, 25 Mar 2023US$55.5bUS$38.5bUS$2.4b19.4x23.4x1.4x
Mon, 20 Feb 2023US$58.4bUS$37.8bUS$2.7b21x21.6x1.5x
Wed, 18 Jan 2023US$57.9bUS$36.7bUS$3.4b19.9x16.8x1.6x
Fri, 16 Dec 2022US$57.2bUS$36.7bUS$3.4b19.2x16.6x1.6x
Sun, 13 Nov 2022US$55.9bUS$35.8bUS$3.7b20x15.2x1.6x
Tue, 11 Oct 2022US$51.4bUS$35.0bUS$3.6b18x14.1x1.5x
Thu, 08 Sep 2022US$58.1bUS$35.0bUS$3.6b20.2x16x1.7x
Sat, 06 Aug 2022US$58.8bUS$34.6bUS$3.7b20.6x16x1.7x
Mon, 04 Jul 2022US$59.7bUS$32.9bUS$3.6b22.1x16.8x1.8x
Wed, 01 Jun 2022US$61.9bUS$32.9bUS$3.6b22.4x17.4x1.9x
Fri, 29 Apr 2022US$58.5bUS$30.4bUS$3.1b22.8x19x1.9x
Price to Earnings Ratio

19x


Total Market Cap: US$58.5bTotal Earnings: US$3.1bTotal Revenue: US$30.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gas Utilities Industry Price to Earnings3Y Average 27.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Gas 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 27.9x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have declined 6.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Utilities industry?

US Market-4.39%
Utilities-2.16%
Gas Utilities0.41%
Gas Utilities0.41%
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
ATO Atmos EnergyUS$156.541.0%
+US$247.6m
32.6%PE22.9x
UGI UGIUS$32.411.3%
+US$90.2m
27.2%PE12.7x
NJR New Jersey ResourcesUS$49.171.0%
+US$47.1m
13.0%PE14.9x
NWN Northwest Natural HoldingUS$43.162.7%
+US$46.3m
13.6%PE22x
OGS ONE GasUS$76.810.9%
+US$42.0m
18.8%PE20.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.