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U.S. Multi-Utilities Industry Analysis

UpdatedJul 17, 2026
DataAggregated Company Financials
Companies16
  • 7D0.6%
  • 3M1.7%
  • 1Y14.1%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has remained flat, although notably Dominion Energy gained 3.2%. As for the the longer term, the industry is up 14% over the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 Jul 2026US$406.8bUS$151.6bUS$17.8b21.6x22.8x2.7x
Sun, 14 Jun 2026US$402.8bUS$151.6bUS$17.8b20.7x22.6x2.7x
Tue, 12 May 2026US$391.3bUS$151.6bUS$17.8b20.6x21.9x2.6x
Thu, 09 Apr 2026US$407.7bUS$147.4bUS$17.5b21.4x23.2x2.8x
Sat, 07 Mar 2026US$404.5bUS$147.4bUS$17.6b21.4x23x2.7x
Mon, 02 Feb 2026US$379.2bUS$144.0bUS$17.5b19.8x21.7x2.6x
Wed, 31 Dec 2025US$369.2bUS$143.1bUS$17.4b19.4x21.3x2.6x
Fri, 28 Nov 2025US$386.6bUS$143.1bUS$17.4b20.5x22.3x2.7x
Sun, 26 Oct 2025US$382.5bUS$138.5bUS$17.2b20.9x22.3x2.8x
Tue, 23 Sep 2025US$361.9bUS$138.4bUS$17.1b20.1x21.2x2.6x
Thu, 21 Aug 2025US$369.0bUS$138.4bUS$17.1b20.6x21.6x2.7x
Sat, 19 Jul 2025US$354.9bUS$135.1bUS$16.8b21.1x21.1x2.6x
Mon, 16 Jun 2025US$351.1bUS$135.1bUS$16.8b20.6x20.9x2.6x
Wed, 14 May 2025US$349.5bUS$135.1bUS$16.8b20.3x20.8x2.6x
Fri, 11 Apr 2025US$340.9bUS$130.3bUS$15.9b21.5x21.5x2.6x
Sun, 09 Mar 2025US$342.9bUS$130.3bUS$15.9b21.9x21.6x2.6x
Tue, 04 Feb 2025US$339.7bUS$129.4bUS$16.5b19.2x20.6x2.6x
Thu, 02 Jan 2025US$336.2bUS$128.9bUS$16.3b19.2x20.6x2.6x
Sat, 30 Nov 2024US$361.9bUS$128.9bUS$16.3b20.6x22.2x2.8x
Mon, 28 Oct 2024US$348.6bUS$128.0bUS$15.9b19.7x22x2.7x
Wed, 25 Sep 2024US$343.5bUS$128.0bUS$15.7b19.7x21.9x2.7x
Fri, 23 Aug 2024US$328.1bUS$128.0bUS$15.7b19.2x20.9x2.6x
Sun, 21 Jul 2024US$307.4bUS$126.7bUS$15.7b19x19.6x2.4x
Tue, 18 Jun 2024US$297.9bUS$126.7bUS$15.7b17.4x19x2.4x
Thu, 16 May 2024US$308.8bUS$126.7bUS$15.7b18.6x19.7x2.4x
Sat, 13 Apr 2024US$284.6bUS$131.6bUS$17.2b16.6x16.5x2.2x
Mon, 11 Mar 2024US$289.0bUS$131.6bUS$17.2b16.9x16.8x2.2x
Wed, 07 Feb 2024US$274.8bUS$138.7bUS$17.2b16.1x15.9x2x
Fri, 05 Jan 2024US$292.3bUS$138.1bUS$17.2b17.5x17x2.1x
Sun, 03 Dec 2023US$287.6bUS$138.1bUS$17.2b17.7x16.7x2.1x
Tue, 31 Oct 2023US$265.6bUS$140.9bUS$16.7b17x15.9x1.9x
Thu, 28 Sep 2023US$272.9bUS$141.3bUS$16.6b16.9x16.4x1.9x
Sat, 26 Aug 2023US$287.2bUS$141.3bUS$16.6b17.7x17.3x2x
Mon, 24 Jul 2023US$312.1bUS$144.0bUS$14.9b21x21x2.2x
Price to Earnings Ratio

21x


Total Market Cap: US$312.1bTotal Earnings: US$14.9bTotal Revenue: US$144.0bTotal 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 22.8x which is higher than its 3-year average PE of 20.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have grown 6.3% 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-0.88%
Utilities0.66%
Other Utilities0.63%
Multi-Utilities0.63%
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
D Dominion EnergyUS$71.693.2%
+US$2.0b		24.4%PE21.6x
ED Consolidated EdisonUS$112.391.9%
+US$781.3m		11.7%PE19.2x
AEE AmerenUS$113.101.2%
+US$368.1m		16.3%PE20.5x
BKH Black HillsUS$75.813.5%
+US$192.6m		33.0%PE20x
NWE NorthWestern Energy GroupUS$73.273.4%
+US$150.1m		40.4%PE26.9x

Latest News

PEG
US$79.53
Public Service Enterprise Group
7D
-0.8%
1Y
-3.9%
WEC
US$114.49
WEC Energy Group
7D
-0.3%
1Y
7.8%
ED
US$112.39
Consolidated Edison
7D
1.9%
1Y
11.7%
CNP
US$43.34
CenterPoint Energy
7D
0.05%
1Y
18.7%
DTE
US$148.91
DTE Energy
7D
-0.2%
1Y
10.5%
SRE
US$93.15
Sempra
7D
-1.6%
1Y
22.1%
D
US$71.69
Dominion Energy
7D
3.2%
1Y
24.4%
AEE
US$113.10
Ameren
7D
1.2%
1Y
16.3%
BKH
US$75.81
Black Hills
7D
3.5%
1Y
33.0%
AVA
US$42.31
Avista
7D
2.8%
1Y
12.7%
CMS
US$74.39
CMS Energy
7D
-0.8%
1Y
5.0%
NI
US$46.27
NiSource
7D
-0.8%
1Y
15.0%
Seeking Alpha • Jul 04

NiSource: A Premier Play On Data Center Electricity Demand

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NWE
US$73.27
NorthWestern Energy Group
7D
3.4%
1Y
40.4%
UTL
US$54.41
Unitil
7D
3.3%
1Y
6.6%