Narrative Update • Aug 24

The Multi-Utilities industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 5.1% annually.
Has the U.S. Multi-Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 30 Aug 2026 | US$379.6b | US$153.8b | US$17.6b | 21.1x | 21.5x | 2.5x |
| Tue, 28 Jul 2026 | US$413.2b | US$151.6b | US$17.8b | 21.1x | 23.2x | 2.7x |
| Thu, 25 Jun 2026 | US$406.0b | US$151.6b | US$17.8b | 21.5x | 22.8x | 2.7x |
| Sat, 23 May 2026 | US$401.6b | US$151.6b | US$17.8b | 21x | 22.5x | 2.6x |
| Mon, 20 Apr 2026 | US$404.0b | US$147.4b | US$17.5b | 21.4x | 23x | 2.7x |
| Wed, 18 Mar 2026 | US$410.2b | US$147.4b | US$17.6b | 21.3x | 23.3x | 2.8x |
| Fri, 13 Feb 2026 | US$394.8b | US$145.0b | US$17.5b | 21.2x | 22.6x | 2.7x |
| Sun, 11 Jan 2026 | US$365.8b | US$143.1b | US$17.4b | 19.2x | 21.1x | 2.6x |
| Tue, 09 Dec 2025 | US$368.7b | US$143.1b | US$17.4b | 19.1x | 21.3x | 2.6x |
| Thu, 06 Nov 2025 | US$375.1b | US$141.0b | US$17.3b | 20.1x | 21.6x | 2.7x |
| Sat, 04 Oct 2025 | US$373.2b | US$138.4b | US$17.1b | 20.7x | 21.9x | 2.7x |
| Mon, 01 Sep 2025 | US$363.5b | US$138.4b | US$17.1b | 20.2x | 21.3x | 2.6x |
| Wed, 30 Jul 2025 | US$361.9b | US$135.7b | US$16.7b | 21.3x | 21.7x | 2.7x |
| Fri, 27 Jun 2025 | US$347.7b | US$135.1b | US$16.8b | 20.2x | 20.7x | 2.6x |
| Sun, 25 May 2025 | US$354.5b | US$135.1b | US$16.8b | 20.6x | 21.1x | 2.6x |
| Tue, 22 Apr 2025 | US$352.4b | US$130.3b | US$15.9b | 22x | 22.2x | 2.7x |
| Thu, 20 Mar 2025 | US$350.0b | US$130.3b | US$15.9b | 22.2x | 22x | 2.7x |
| Sat, 15 Feb 2025 | US$349.8b | US$130.1b | US$16.3b | 20.5x | 21.5x | 2.7x |
| Mon, 13 Jan 2025 | US$327.0b | US$128.9b | US$16.3b | 18.4x | 20.1x | 2.5x |
| Wed, 11 Dec 2024 | US$344.9b | US$128.9b | US$16.3b | 19.7x | 21.2x | 2.7x |
| Fri, 08 Nov 2024 | US$342.1b | US$128.6b | US$16.3b | 19.7x | 21x | 2.7x |
| Sun, 06 Oct 2024 | US$347.0b | US$128.0b | US$15.7b | 19.9x | 22.1x | 2.7x |
| Tue, 03 Sep 2024 | US$331.0b | US$128.0b | US$15.7b | 19.3x | 21.1x | 2.6x |
| Thu, 01 Aug 2024 | US$319.6b | US$127.3b | US$15.9b | 18.7x | 20.2x | 2.5x |
| Sat, 29 Jun 2024 | US$297.7b | US$126.7b | US$15.7b | 17.3x | 19x | 2.4x |
| Mon, 27 May 2024 | US$304.6b | US$126.7b | US$15.7b | 18.1x | 19.4x | 2.4x |
| Wed, 24 Apr 2024 | US$293.4b | US$131.6b | US$17.2b | 17.1x | 17x | 2.2x |
| Fri, 22 Mar 2024 | US$285.3b | US$131.6b | US$17.2b | 16.6x | 16.6x | 2.2x |
| Sun, 18 Feb 2024 | US$277.8b | US$136.8b | US$17.6b | 16x | 15.8x | 2x |
| Tue, 16 Jan 2024 | US$286.6b | US$138.1b | US$17.2b | 17.1x | 16.7x | 2.1x |
| Thu, 14 Dec 2023 | US$288.1b | US$138.1b | US$17.2b | 18.5x | 16.8x | 2.1x |
| Sat, 11 Nov 2023 | US$272.9b | US$138.1b | US$17.2b | 16.4x | 15.9x | 2x |
| Mon, 09 Oct 2023 | US$265.1b | US$141.3b | US$16.6b | 16.9x | 15.9x | 1.9x |
| Wed, 06 Sep 2023 | US$277.6b | US$141.3b | US$16.6b | 17.4x | 16.7x | 2x |
16.7x
How does U.S. Multi-Utilities compare with similar industries?
| US Market | 0.28% | |
| Utilities | -0.32% | |
| Other Utilities | 0.25% | |
| Multi-Utilities | 0.25% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SRE Sempra | US$84.31 | 1.7% +US$928.5m | 2.1% | PE24.4x | |
| ED Consolidated Edison | US$107.49 | 1.1% +US$421.6m | 9.4% | PE17.9x | |
| CNP CenterPoint Energy | US$39.24 | 1.2% +US$309.6m | 4.1% | PE23.1x | |
| PEG Public Service Enterprise Group | US$73.19 | 0.8% +US$289.1m | -11.1% | PE18.1x | |
| DTE DTE Energy | US$135.86 | 0.5% +US$133.2m | -0.6% | PE21.5x |