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U.S. Multi-Utilities Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies15
  • 7D-4.9%
  • 3M5.8%
  • 1Y9.9%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 4.9%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 9.9%. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026US$388.5bUS$147.4bUS$17.5b20.3x22.2x2.6x
Thu, 19 Feb 2026US$405.2bUS$146.1bUS$17.5b21.2x23.2x2.8x
Sat, 17 Jan 2026US$377.3bUS$143.1bUS$17.4b20x21.7x2.6x
Mon, 15 Dec 2025US$365.7bUS$143.1bUS$17.4b19.4x21.1x2.6x
Wed, 12 Nov 2025US$383.3bUS$143.1bUS$17.3b20.2x22.1x2.7x
Fri, 10 Oct 2025US$380.7bUS$138.4bUS$17.1b20.5x22.3x2.8x
Sun, 07 Sep 2025US$360.5bUS$138.4bUS$17.1b19.8x21.1x2.6x
Tue, 05 Aug 2025US$371.7bUS$137.4bUS$17.1b20.5x21.7x2.7x
Thu, 03 Jul 2025US$354.1bUS$135.1bUS$16.8b20.3x21.1x2.6x
Sat, 31 May 2025US$354.2bUS$135.1bUS$16.8b20.8x21.1x2.6x
Mon, 28 Apr 2025US$353.6bUS$130.9bUS$15.8b21.9x22.3x2.7x
Wed, 26 Mar 2025US$348.8bUS$130.3bUS$15.9b21.7x22x2.7x
Fri, 21 Feb 2025US$351.9bUS$129.9bUS$16.3b20.8x21.5x2.7x
Sun, 19 Jan 2025US$344.2bUS$128.9bUS$16.3b19.3x21.1x2.7x
Tue, 17 Dec 2024US$341.2bUS$128.9bUS$16.3b19.4x20.9x2.6x
Thu, 14 Nov 2024US$348.5bUS$128.9bUS$16.3b20.3x21.4x2.7x
Sat, 12 Oct 2024US$337.6bUS$128.0bUS$15.7b19.6x21.5x2.6x
Mon, 09 Sep 2024US$331.7bUS$128.0bUS$15.7b19.2x21.1x2.6x
Wed, 07 Aug 2024US$317.1bUS$128.3bUS$15.6b18.8x20.4x2.5x
Fri, 05 Jul 2024US$295.8bUS$126.7bUS$15.7b17.3x18.8x2.3x
Sun, 02 Jun 2024US$309.3bUS$126.7bUS$15.7b18.1x19.7x2.4x
Tue, 30 Apr 2024US$292.8bUS$130.9bUS$17.2b18x17x2.2x
Thu, 28 Mar 2024US$290.6bUS$131.6bUS$17.2b16.9x16.9x2.2x
Sat, 24 Feb 2024US$283.0bUS$132.3bUS$17.3b16.6x16.3x2.1x
Mon, 22 Jan 2024US$277.8bUS$138.1bUS$17.2b16.3x16.2x2x
Wed, 20 Dec 2023US$288.7bUS$138.1bUS$17.2b17.3x16.8x2.1x
Fri, 17 Nov 2023US$283.1bUS$138.1bUS$17.2b17.2x16.5x2x
Sun, 15 Oct 2023US$271.7bUS$141.3bUS$16.6b16.9x16.3x1.9x
Tue, 12 Sep 2023US$284.7bUS$141.3bUS$16.6b17.6x17.1x2x
Thu, 10 Aug 2023US$291.9bUS$141.3bUS$16.6b18.5x17.6x2.1x
Sat, 08 Jul 2023US$299.2bUS$144.0bUS$14.9b19.9x20.1x2.1x
Mon, 05 Jun 2023US$295.5bUS$144.0bUS$14.9b19.7x19.9x2.1x
Wed, 03 May 2023US$312.7bUS$138.7bUS$13.5b21.1x23.2x2.3x
Fri, 31 Mar 2023US$307.9bUS$138.1bUS$12.5b21.1x24.5x2.2x
Price to Earnings Ratio

24.5x


Total Market Cap: US$307.9bTotal Earnings: US$12.5bTotal Revenue: US$138.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Multi-Utilities Industry Price to Earnings3Y Average 20.2x202420252026
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 20.2x.
  • 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 12% 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 Market-1.74%
Utilities-4.47%
Other Utilities-4.86%
Multi-Utilities-4.86%
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
No data available

Latest News

CNP
US$41.76
CenterPoint Energy
7D
-5.4%
1Y
16.9%

CNP: Future Returns Will Hinge On Accelerated Load Timing And Regulatory Outcomes

Analysts have nudged their average price target for CenterPoint Energy up by about $0.88, citing recent Q4 updates around load growth, capex planning, and regulatory developments as key supports for the higher fair value estimate. Analyst Commentary Recent research updates show a cluster of price target increases and one downgrade, giving you a mixed but generally constructive view of how Wall Street is thinking about CenterPoint Energy after Q4.
DTE
US$142.29
DTE Energy
7D
-4.7%
1Y
4.5%

DTE: Future Earnings And Dividend Will Be Balanced By Legal Settlement Risk

Analysts have adjusted their fair value estimate for DTE Energy from $151.50 to about $154.35, reflecting updated views on long term revenue growth, profit margins, and future price-to-earnings assumptions. What's in the News DTE Energy confirmed its 2026 operating EPS guidance range of $7.59 to $7.73, giving investors a reference point for management’s current earnings expectations for that year (company guidance).
SRE
US$93.46
Sempra
7D
-2.6%
1Y
33.0%

SRE: Long Term EPS Guidance And Dividend Policy Will Support Future Returns

Analysts have inched their blended fair value estimate for Sempra to about $102.56 per share, up from $101.50, reflecting slightly lower assumed revenue growth alongside a modestly higher profit margin outlook and a small uptick in the future P/E multiple. What's in the News Sempra issued full-year 2027 earnings guidance, with expected EPS in a range of $5.10 to $5.70.
D
US$59.82
Dominion Energy
7D
-5.7%
1Y
10.1%
ED
US$109.11
Consolidated Edison
7D
-5.5%
1Y
2.1%
AEE
US$106.90
Ameren
7D
-5.3%
1Y
8.2%

AEE: Regulatory And Data Center Execution Will Shape Fairly Valued Returns

Ameren's analyst price target has inched higher to $115.69 from $115.38, as analysts fine tune their models with slightly higher revenue growth assumptions, a modestly higher future P/E, and some offset from lower projected profit margins, along with recent Street target increases into the $116 to $127 range. Analyst Commentary Recent Street research on Ameren reflects an active period of target revisions, with several firms adjusting their valuation frameworks around utilities and regulated power names.
WEC
US$112.05
WEC Energy Group
7D
-5.0%
1Y
5.9%

WEC: Data Center Capex And Dividend Growth Will Shape Future Premium Profile

The analyst price target for WEC Energy Group has edged higher to $122.26. This reflects modest model changes and analyst focus on recent price target revisions tied to solid quarterly results, reaffirmed guidance, and updated capital plans linked to data center demand.
PEG
US$79.82
Public Service Enterprise Group
7D
-6.0%
1Y
-4.2%