Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Multi-Utilities Industry Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies15
  • 7D6.1%
  • 3M5.7%
  • 1Y14.8%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has risen 6.1%, driven by gains from every company within the industry. This means that the industry has gained 15% over the past year. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Feb 2026US$407.1bUS$145.1bUS$17.4b21.8x23.4x2.8x
Wed, 14 Jan 2026US$366.9bUS$143.1bUS$17.4b19.4x21.1x2.6x
Fri, 12 Dec 2025US$364.1bUS$143.1bUS$17.4b19.2x21x2.5x
Sun, 09 Nov 2025US$383.0bUS$143.1bUS$17.3b20.1x22.1x2.7x
Tue, 07 Oct 2025US$377.7bUS$138.4bUS$17.1b20.6x22.1x2.7x
Thu, 04 Sep 2025US$361.9bUS$138.4bUS$17.1b20.1x21.2x2.6x
Sat, 02 Aug 2025US$369.8bUS$137.1bUS$16.8b21.3x22.1x2.7x
Mon, 30 Jun 2025US$349.6bUS$135.1bUS$16.8b20.2x20.8x2.6x
Wed, 28 May 2025US$354.5bUS$135.1bUS$16.8b20.7x21.1x2.6x
Fri, 25 Apr 2025US$354.7bUS$130.3bUS$15.9b22.3x22.3x2.7x
Sun, 23 Mar 2025US$348.5bUS$130.3bUS$15.9b22.1x21.9x2.7x
Tue, 18 Feb 2025US$348.1bUS$130.1bUS$16.3b20.5x21.4x2.7x
Thu, 16 Jan 2025US$329.6bUS$128.9bUS$16.3b18.9x20.2x2.6x
Sat, 14 Dec 2024US$339.9bUS$128.9bUS$16.3b19.6x20.8x2.6x
Mon, 11 Nov 2024US$346.8bUS$128.9bUS$16.3b20.3x21.3x2.7x
Wed, 09 Oct 2024US$341.0bUS$128.0bUS$15.7b19.5x21.7x2.7x
Fri, 06 Sep 2024US$335.7bUS$128.0bUS$15.7b19.4x21.4x2.6x
Sun, 04 Aug 2024US$326.4bUS$128.3bUS$15.6b19.3x21x2.5x
Tue, 02 Jul 2024US$297.3bUS$126.7bUS$15.7b17.4x18.9x2.3x
Thu, 30 May 2024US$303.1bUS$126.7bUS$15.7b17.6x19.3x2.4x
Sat, 27 Apr 2024US$292.8bUS$130.9bUS$17.2b17.9x17x2.2x
Mon, 25 Mar 2024US$285.6bUS$131.6bUS$17.2b16.6x16.6x2.2x
Wed, 21 Feb 2024US$277.8bUS$136.2bUS$17.6b15.9x15.8x2x
Fri, 19 Jan 2024US$277.8bUS$138.1bUS$17.2b16.4x16.2x2x
Sun, 17 Dec 2023US$287.7bUS$138.1bUS$17.2b17.3x16.7x2.1x
Tue, 14 Nov 2023US$272.0bUS$138.1bUS$17.2b16.2x15.8x2x
Thu, 12 Oct 2023US$274.5bUS$141.3bUS$16.6b17.3x16.5x1.9x
Sat, 09 Sep 2023US$281.2bUS$141.3bUS$16.6b17.5x16.9x2x
Mon, 07 Aug 2023US$290.1bUS$141.3bUS$16.6b18.5x17.4x2.1x
Wed, 05 Jul 2023US$301.1bUS$144.0bUS$14.9b20x20.3x2.1x
Fri, 02 Jun 2023US$292.2bUS$144.0bUS$14.9b19.4x19.7x2x
Sun, 30 Apr 2023US$316.5bUS$137.2bUS$12.5b21.5x25.4x2.3x
Tue, 28 Mar 2023US$300.0bUS$138.1bUS$12.5b20.5x23.9x2.2x
Thu, 23 Feb 2023US$307.4bUS$138.6bUS$12.8b20.4x24.1x2.2x
Price to Earnings Ratio

24.1x


Total Market Cap: US$307.4bTotal Earnings: US$12.8bTotal Revenue: US$138.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Multi-Utilities Industry Price to Earnings3Y Average 20.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Multi-Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.4x which is higher than its 3-year average PE of 20.2x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have grown 11% 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 Comparison

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

US Market-1.34%
Utilities6.68%
Other Utilities6.08%
Multi-Utilities6.08%
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
SRE SempraUS$94.788.3%
+US$4.8b		12.7%PE29.3x
D Dominion EnergyUS$66.516.7%
+US$3.5b		19.6%PE21.8x
PEG Public Service Enterprise GroupUS$86.376.4%
+US$2.6b		3.2%PE20.7x
ED Consolidated EdisonUS$113.726.6%
+US$2.5b		19.8%PE20.2x
AEE AmerenUS$110.976.4%
+US$2.5b		13.2%PE21.1x

Latest News

AEE
US$110.97
Ameren
7D
6.4%
1Y
13.2%

Ameren Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 14
Ameren Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
ED
US$113.72
Consolidated Edison
7D
6.6%
1Y
19.8%
CNP
US$42.52
CenterPoint Energy
7D
5.6%
1Y
27.3%
PEG
US$86.37
Public Service Enterprise Group
7D
6.4%
1Y
3.2%

PEG: Mixed Ratings And Contract Extension Will Shape Future Risk Reward

The updated analyst price target for Public Service Enterprise Group reflects a small downward revision of about $0.24. Analysts are balancing slightly softer revenue growth assumptions against marginally higher profit margin and discount rate inputs, as well as a mixed set of recent rating and target changes from major firms.
SRE
US$94.78
Sempra
7D
8.3%
1Y
12.7%
WEC
US$115.79
WEC Energy Group
7D
4.0%
1Y
12.5%

WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 09
WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year
DTE
US$144.94
DTE Energy
7D
7.3%
1Y
12.3%

DTE: Future Earnings And Dividends Will Be Balanced By Equity Offering

Analysts now see DTE Energy’s fair value as broadly unchanged at about $147.35 per share versus $147.50 previously. The minor adjustment is tied to refreshed views on revenue growth, profit margin, and future P/E assumptions.
D
US$66.51
Dominion Energy
7D
6.7%
1Y
19.6%

D: Offshore Wind Court Win And Stable Outlook Will Support Measured Returns

Analysts have nudged their fair value estimate for Dominion Energy slightly higher, from $63.44 to $63.50. This reflects updated views on discount rate, revenue growth, profit margin and future P/E assumptions, even without new published Street research behind the change.