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U.S. Multi-Utilities Industry Analysis

UpdatedJan 07, 2026
DataAggregated Company Financials
Companies15
  • 7D-0.8%
  • 3M-4.0%
  • 1Y8.4%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 1.2%, driven by Sempra declining 1.7%. Over the past 12 months, the industry was up 8.0%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jan 2026US$365.6bUS$143.1bUS$17.4b19.3x21.1x2.6x
Fri, 05 Dec 2025US$372.5bUS$143.1bUS$17.4b19.6x21.5x2.6x
Sun, 02 Nov 2025US$373.2bUS$140.5bUS$17.2b20.4x21.7x2.7x
Tue, 30 Sep 2025US$373.4bUS$138.4bUS$17.1b20.9x21.9x2.7x
Thu, 28 Aug 2025US$365.1bUS$138.4bUS$17.1b20.2x21.4x2.6x
Sat, 26 Jul 2025US$366.0bUS$135.2bUS$16.8b21.5x21.8x2.7x
Mon, 23 Jun 2025US$347.0bUS$135.1bUS$16.8b20.4x20.7x2.6x
Wed, 21 May 2025US$358.7bUS$135.1bUS$16.8b21.1x21.4x2.7x
Fri, 18 Apr 2025US$348.7bUS$130.3bUS$15.9b22x22x2.7x
Sun, 16 Mar 2025US$347.1bUS$130.3bUS$15.9b21.9x21.8x2.7x
Tue, 11 Feb 2025US$342.6bUS$129.5bUS$16.7b20.4x20.5x2.6x
Thu, 09 Jan 2025US$332.3bUS$128.9bUS$16.3b18.6x20.4x2.6x
Sat, 07 Dec 2024US$351.7bUS$128.9bUS$16.3b19.8x21.6x2.7x
Mon, 04 Nov 2024US$339.8bUS$128.2bUS$16.1b19.4x21.1x2.7x
Wed, 02 Oct 2024US$346.2bUS$128.0bUS$15.7b20x22x2.7x
Fri, 30 Aug 2024US$329.9bUS$128.0bUS$15.7b19.2x21x2.6x
Sun, 28 Jul 2024US$314.5bUS$126.9bUS$15.8b18.5x19.9x2.5x
Tue, 25 Jun 2024US$295.9bUS$126.7bUS$15.7b17.5x18.9x2.3x
Thu, 23 May 2024US$312.8bUS$126.7bUS$15.7b18.4x19.9x2.5x
Sat, 20 Apr 2024US$284.4bUS$131.6bUS$17.2b16.8x16.5x2.2x
Mon, 18 Mar 2024US$284.2bUS$131.6bUS$17.2b16.5x16.5x2.2x
Wed, 14 Feb 2024US$271.3bUS$137.4bUS$17.4b15.7x15.6x2x
Fri, 12 Jan 2024US$292.8bUS$138.1bUS$17.2b17.1x17x2.1x
Sun, 10 Dec 2023US$286.9bUS$138.1bUS$17.2b17.7x16.7x2.1x
Tue, 07 Nov 2023US$279.6bUS$138.4bUS$17.1b16.6x16.3x2x
Thu, 05 Oct 2023US$262.0bUS$141.3bUS$16.6b16.7x15.8x1.9x
Sat, 02 Sep 2023US$282.4bUS$141.3bUS$16.6b17.7x17x2x
Mon, 31 Jul 2023US$306.6bUS$141.3bUS$15.0b19.4x20.5x2.2x
Wed, 28 Jun 2023US$300.5bUS$144.0bUS$14.9b20x20.2x2.1x
Fri, 26 May 2023US$297.8bUS$144.0bUS$14.9b19.8x20x2.1x
Sun, 23 Apr 2023US$319.1bUS$138.1bUS$12.5b21.7x25.4x2.3x
Tue, 21 Mar 2023US$306.2bUS$138.1bUS$12.5b21x24.4x2.2x
Thu, 16 Feb 2023US$309.4bUS$136.6bUS$12.3b21x25.2x2.3x
Sat, 14 Jan 2023US$322.6bUS$134.2bUS$13.1b21.9x24.6x2.4x
Price to Earnings Ratio

24.6x


Total Market Cap: US$322.6bTotal Earnings: US$13.1bTotal Revenue: US$134.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Multi-Utilities Industry Price to Earnings3Y Average 20.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Multi-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 20.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have grown 9.9% per year over the last three years.
  • Revenues for these companies have grown 2.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Multi-Utilities compare with similar industries?

US Market1.04%
Utilities0.20%
Other Utilities-0.84%
Multi-Utilities-0.84%
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
DTE DTE EnergyUS$130.040.2%
+US$54.0m		8.0%PE19.5x
AVA AvistaUS$38.950.6%
+US$19.5m		8.1%PE16.8x
NWE NorthWestern Energy GroupUS$64.970.4%
+US$17.2m		25.1%PE18.4x

Latest News

WEC
US$105.95
WEC Energy Group
7D
-0.1%
1Y
13.7%

WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.9525

Jan 07
WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.9525
ED
US$99.32
Consolidated Edison
7D
-0.6%
1Y
12.9%

A Look At The Intrinsic Value Of Consolidated Edison, Inc. (NYSE:ED)

Jan 07
A Look At The Intrinsic Value Of Consolidated Edison, Inc. (NYSE:ED)
SRE
US$87.70
Sempra
7D
-1.6%
1Y
4.1%
PEG
US$78.60
Public Service Enterprise Group
7D
-2.9%
1Y
-8.0%

There's Reason For Concern Over Public Service Enterprise Group Incorporated's (NYSE:PEG) Price

Jan 03
There's Reason For Concern Over Public Service Enterprise Group Incorporated's (NYSE:PEG) Price
AEE
US$100.61
Ameren
7D
-0.1%
1Y
14.4%
NWE
US$64.97
NorthWestern Energy Group
7D
0.4%
1Y
25.1%

NWE: EPS Guidance And Merger Progress Will Shape Moderate Multiyear Outlook

Analysts have nudged their price target on NorthWestern Energy Group modestly higher to reflect slightly stronger revenue growth expectations, supported by reaffirmed 4% to 6% EPS growth guidance, a $2.7 billion 2025 to 2029 capital plan, and consistent earnings outperformance. Analyst Commentary Analysts highlight that NorthWestern Energy's reaffirmed guidance and capital plan support a stable, modest growth profile but also note execution and financing risks that could weigh on valuation if not managed carefully.
D
US$58.72
Dominion Energy
7D
-0.6%
1Y
8.7%

D: Offshore Wind Progress And Earnings Outlook Will Support Steady Future Returns

Narrative Update on Analyst Price Target Analysts have trimmed their average price target on Dominion Energy by approximately $0.20 per share, reflecting slightly softer revenue growth expectations, partially offset by modestly improved profit margin and valuation assumptions. What's in the News Dominion Energy defended its Coastal Virginia Offshore Wind Project as essential to national security and Virginia grid reliability, warning that any halt could threaten power supplies for military, AI, data center, and shipbuilding operations, increase energy costs, and jeopardize thousands of jobs (Regulatory Authority – Compliance).
DTE
US$130.04
DTE Energy
7D
0.2%
1Y
8.0%

DTE: Future Earnings And Dividend Stability Will Support Upside Potential

Analysts have nudged their price target on DTE Energy slightly lower by approximately $1.15, reflecting tempered long term revenue growth expectations, partially offset by modestly improved profit margin assumptions and a marginally lower discount rate. What's in the News DTE Energy filed a $1.5 billion at-the-market follow-on equity offering of its common stock, signaling plans to raise capital for ongoing investment and balance sheet needs (Key Developments).
NI
US$41.88
NiSource
7D
-0.4%
1Y
17.1%
CNP
US$38.24
CenterPoint Energy
7D
-1.0%
1Y
23.9%

CenterPoint Energy's (NYSE:CNP) Upcoming Dividend Will Be Larger Than Last Year's

Dec 18
CenterPoint Energy's (NYSE:CNP) Upcoming Dividend Will Be Larger Than Last Year's
AVA
US$38.95
Avista
7D
0.6%
1Y
8.1%