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

U.S. Multi-Utilities Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies15
  • 7D3.0%
  • 3M11.1%
  • 1Y18.7%
  • YTDn/a

In the last week, the Multi-Utilities industry is up 3.0%, with all of the companies up. This takes the industry's 12 month performance to a gain of 19%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026US$409.0bUS$147.4bUS$17.5b21.2x23.3x2.8x
Tue, 03 Mar 2026US$409.5bUS$147.4bUS$17.6b21.5x23.3x2.8x
Thu, 29 Jan 2026US$379.2bUS$143.1bUS$17.4b19.9x21.9x2.6x
Sat, 27 Dec 2025US$368.5bUS$143.1bUS$17.4b19.4x21.2x2.6x
Mon, 24 Nov 2025US$381.0bUS$143.1bUS$17.4b20.1x22x2.7x
Wed, 22 Oct 2025US$386.3bUS$138.4bUS$17.1b21x22.6x2.8x
Fri, 19 Sep 2025US$360.0bUS$138.4bUS$17.1b20.2x21.1x2.6x
Sun, 17 Aug 2025US$366.7bUS$138.4bUS$17.1b20.5x21.5x2.6x
Tue, 15 Jul 2025US$352.1bUS$135.1bUS$16.8b20.7x21x2.6x
Thu, 12 Jun 2025US$351.4bUS$135.1bUS$16.8b20.7x20.9x2.6x
Sat, 10 May 2025US$355.8bUS$135.1bUS$16.8b21.1x21.2x2.6x
Mon, 07 Apr 2025US$338.4bUS$130.3bUS$15.9b21.7x21.3x2.6x
Wed, 05 Mar 2025US$352.8bUS$130.3bUS$15.9b21.5x22.2x2.7x
Fri, 31 Jan 2025US$335.1bUS$129.4bUS$16.5b19.1x20.3x2.6x
Sun, 29 Dec 2024US$337.6bUS$128.9bUS$16.3b19.3x20.7x2.6x
Tue, 26 Nov 2024US$358.7bUS$128.9bUS$16.3b20.8x22x2.8x
Thu, 24 Oct 2024US$351.1bUS$128.0bUS$15.7b20x22.3x2.7x
Sat, 21 Sep 2024US$336.6bUS$128.0bUS$15.7b19.8x21.4x2.6x
Mon, 19 Aug 2024US$324.8bUS$128.0bUS$15.7b19.1x20.7x2.5x
Wed, 17 Jul 2024US$301.7bUS$126.7bUS$15.7b18.8x19.2x2.4x
Fri, 14 Jun 2024US$298.8bUS$126.7bUS$15.7b17.4x19x2.4x
Sun, 12 May 2024US$310.7bUS$126.7bUS$15.7b18.7x19.8x2.5x
Tue, 09 Apr 2024US$287.9bUS$131.6bUS$17.2b17x16.7x2.2x
Thu, 07 Mar 2024US$283.2bUS$131.6bUS$17.2b16.9x16.4x2.2x
Sat, 03 Feb 2024US$278.3bUS$138.7bUS$17.2b16.4x16.1x2x
Mon, 01 Jan 2024US$287.7bUS$138.1bUS$17.2b17.2x16.7x2.1x
Wed, 29 Nov 2023US$284.6bUS$138.1bUS$17.2b17.5x16.6x2.1x
Fri, 27 Oct 2023US$271.0bUS$140.9bUS$16.6b17x16.3x1.9x
Sun, 24 Sep 2023US$286.3bUS$141.3bUS$16.6b17.7x17.2x2x
Tue, 22 Aug 2023US$264.5bUS$141.3bUS$16.6b17.6x15.9x1.9x
Thu, 20 Jul 2023US$303.0bUS$144.0bUS$14.9b20.3x20.4x2.1x
Sat, 17 Jun 2023US$304.6bUS$144.0bUS$14.9b20.3x20.5x2.1x
Mon, 15 May 2023US$314.3bUS$144.0bUS$14.9b21.1x21.2x2.2x
Wed, 12 Apr 2023US$319.9bUS$138.1bUS$12.5b21.9x25.5x2.3x
Price to Earnings Ratio

25.5x


Total Market Cap: US$319.9bTotal 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 20.1x202420252026
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 23.3x which is higher than its 3-year average PE of 20.1x.
  • 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 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 Market3.46%
Utilities1.59%
Other Utilities3.00%
Multi-Utilities3.00%
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$99.203.5%
+US$2.2b		50.6%PE36.1x
D Dominion EnergyUS$62.773.1%
+US$1.7b		19.0%PE18.6x
ED Consolidated EdisonUS$115.433.4%
+US$1.4b		5.6%PE20.6x
WEC WEC Energy GroupUS$117.582.8%
+US$1.0b		12.7%PE24.6x
CNP CenterPoint EnergyUS$43.713.1%
+US$870.0m		21.1%PE27.2x

Latest News

NI
US$47.49
NiSource
7D
3.3%
1Y
27.6%

NI: Future Dividend And Updated P/E Assumptions Will Support Balanced Returns

Analysts now put their average price target for NiSource at about $48.79, up slightly from roughly $48.54, reflecting updated assumptions around revenue growth, profit margin, and future P/E estimates. What's in the News The board declared a quarterly common stock dividend of $0.30 per share, scheduled for payment on February 20, 2026, to stockholders of record as of February 3, 2026 (company board announcement).
AEE
US$111.68
Ameren
7D
2.7%
1Y
16.6%
SRE
US$99.20
Sempra
7D
3.5%
1Y
50.6%
D
US$62.77
Dominion Energy
7D
3.1%
1Y
19.0%

D: Offshore Wind Progress And EPS Guidance Will Support Steady Long-Term Returns

Analysts have inched their price target on Dominion Energy higher to $65.63 from $65.25, citing updated assumptions for revenue growth, profit margin, discount rate and future P/E that slightly adjust the stock's valuation outlook. What's in the News Issued 2026 operating earnings guidance of $3.45 to $3.69 per share, with a midpoint of $3.57 per share that includes $0.07 per share of RNG 45Z income (company guidance).
WEC
US$117.58
WEC Energy Group
7D
2.8%
1Y
12.7%

WEC: Data Center Capex And Dividend Path Will Shape Future Profile

Analysts have nudged their average price target on WEC Energy Group higher to $123, reflecting updated views on long term earnings potential tied to an expanded capex plan and projected data center driven demand, while overall valuation assumptions, including the discount rate and future P/E, remain largely consistent. Analyst Commentary Recent Street research on WEC Energy Group shows a mix of optimism and caution as analysts update models around earnings visibility, capital spending plans, and data center exposure.
CNP
US$43.71
CenterPoint Energy
7D
3.1%
1Y
21.1%

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$148.04
DTE Energy
7D
2.5%
1Y
12.3%

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).
ED
US$115.43
Consolidated Edison
7D
3.4%
1Y
5.6%