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U.S. Gas Utilities Industry Analysis

UpdatedApr 30, 2025
DataAggregated Company Financials
Companies15
  • 7D-0.3%
  • 3M8.2%
  • 1Y20.8%
  • YTD11.5%

The Gas Utilities industry has stayed flat over the last week. As for the the longer term, the industry is up 21% over the past 12 months. 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
Wed, 30 Apr 2025US$73.3bUS$35.3bUS$2.5b19.4x29.2x2.1x
Fri, 28 Mar 2025US$71.3bUS$35.3bUS$2.5b19.6x28.4x2x
Sun, 23 Feb 2025US$71.5bUS$35.4bUS$2.5b19.3x28.9x2x
Tue, 21 Jan 2025US$68.2bUS$38.1bUS$2.3b19x29.3x1.8x
Thu, 19 Dec 2024US$66.9bUS$38.1bUS$2.3b17.5x28.8x1.8x
Sat, 16 Nov 2024US$67.1bUS$38.2bUS$2.7b19.7x25x1.8x
Mon, 14 Oct 2024US$62.1bUS$33.5bUS$4.4b17.3x14x1.9x
Wed, 11 Sep 2024US$60.2bUS$33.5bUS$4.4b17.3x13.6x1.8x
Fri, 09 Aug 2024US$58.4bUS$33.5bUS$4.4b17x13.1x1.7x
Sun, 07 Jul 2024US$53.6bUS$33.5bUS$3.1b15.6x17.5x1.6x
Tue, 04 Jun 2024US$55.8bUS$33.5bUS$3.1b16x18.2x1.7x
Thu, 02 May 2024US$55.0bUS$34.5bUS$2.5b16x21.8x1.6x
Sat, 30 Mar 2024US$55.8bUS$34.1bUS$2.2b16.7x25.8x1.6x
Mon, 26 Feb 2024US$52.5bUS$34.1bUS$1.8b14.5x29x1.5x
Wed, 24 Jan 2024US$56.7bUS$38.4bUS$1.5b15.6x38.3x1.5x
Fri, 22 Dec 2023US$57.3bUS$38.4bUS$1.5b16.4x38.8x1.5x
Sun, 19 Nov 2023US$55.9bUS$39.4bUS$1.6b15.6x35.6x1.4x
Tue, 17 Oct 2023US$51.2bUS$37.5bUS$684.8m17.3x74.8x1.4x
Thu, 14 Sep 2023US$52.9bUS$37.5bUS$684.8m18.6x77.2x1.4x
Sat, 12 Aug 2023US$53.9bUS$37.5bUS$684.8m18.5x78.7x1.4x
Mon, 10 Jul 2023US$53.5bUS$38.4bUS$1.5b18.2x36x1.4x
Wed, 07 Jun 2023US$55.0bUS$38.4bUS$1.5b20x37.1x1.4x
Fri, 05 May 2023US$55.4bUS$38.2bUS$1.6b16.9x34.9x1.5x
Sun, 02 Apr 2023US$57.1bUS$38.5bUS$2.4b19.9x24.1x1.5x
Tue, 28 Feb 2023US$57.6bUS$38.2bUS$2.7b20.2x21.2x1.5x
Thu, 26 Jan 2023US$57.8bUS$36.7bUS$3.4b20.6x16.8x1.6x
Sat, 24 Dec 2022US$56.9bUS$36.7bUS$3.4b19x16.6x1.6x
Mon, 21 Nov 2022US$57.6bUS$36.6bUS$3.5b20.9x16.7x1.6x
Wed, 19 Oct 2022US$53.3bUS$35.0bUS$3.6b18.9x14.6x1.5x
Fri, 16 Sep 2022US$58.0bUS$35.0bUS$3.6b20.2x15.9x1.7x
Sun, 14 Aug 2022US$60.2bUS$35.0bUS$3.6b21.1x16.5x1.7x
Tue, 12 Jul 2022US$58.1bUS$32.9bUS$3.6b21.5x16.3x1.8x
Thu, 09 Jun 2022US$62.8bUS$32.9bUS$3.6b22.7x17.7x1.9x
Sat, 07 May 2022US$58.9bUS$32.5bUS$3.6b22x16.4x1.8x
Price to Earnings Ratio

16.4x


Total Market Cap: US$58.9bTotal Earnings: US$3.6bTotal Revenue: US$32.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gas Utilities Industry Price to Earnings3Y Average 28x202320242025
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 28.0x.
  • 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 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 Market5.23%
Utilities1.56%
Gas Utilities-0.27%
Gas Utilities-0.27%
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
BIPC Brookfield InfrastructureUS$37.444.3%
+US$184.5m		19.9%PS1.2x
ATO Atmos EnergyUS$160.630.7%
+US$165.1m		35.4%PE23.5x
MDU MDU Resources GroupUS$17.141.9%
+US$65.4m		-31.1%PE19.3x
UGI UGIUS$32.790.1%
+US$8.6m		26.7%PE12.8x
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NFG

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7D

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7D

0.7%

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MDU

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