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

U.S. Multi-Utilities Industry Analysis

UpdatedSep 18, 2025
DataAggregated Company Financials
Companies16
  • 7D-0.3%
  • 3M3.7%
  • 1Y4.4%
  • YTDn/a

In the last week, Multi-Utilities has been flat. The past year has been better, since the industry has gained 4.4% in that time. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025US$359.0bUS$138.4bUS$17.1b20.2x21x2.6x
Sat, 16 Aug 2025US$369.9bUS$138.4bUS$17.1b20.5x21.7x2.7x
Mon, 14 Jul 2025US$352.1bUS$135.1bUS$16.8b20.7x21x2.6x
Wed, 11 Jun 2025US$349.8bUS$135.1bUS$16.8b20.7x20.8x2.6x
Fri, 09 May 2025US$360.6bUS$134.9bUS$16.7b21.1x21.6x2.7x
Sun, 06 Apr 2025US$338.4bUS$130.3bUS$15.9b21.7x21.3x2.6x
Tue, 04 Mar 2025US$349.7bUS$130.3bUS$15.9b22.1x22x2.7x
Thu, 30 Jan 2025US$336.3bUS$128.9bUS$16.3b18.5x20.6x2.6x
Sat, 28 Dec 2024US$338.0bUS$128.9bUS$16.3b19.3x20.7x2.6x
Mon, 25 Nov 2024US$358.9bUS$128.9bUS$16.3b20.7x22x2.8x
Wed, 23 Oct 2024US$352.3bUS$128.0bUS$15.7b19.8x22.4x2.8x
Fri, 20 Sep 2024US$338.4bUS$128.0bUS$15.7b19.4x21.5x2.6x
Sun, 18 Aug 2024US$324.8bUS$128.0bUS$15.7b19.1x20.7x2.5x
Tue, 16 Jul 2024US$307.5bUS$126.7bUS$15.7b18.3x19.6x2.4x
Thu, 13 Jun 2024US$301.1bUS$126.7bUS$15.7b17.5x19.2x2.4x
Sat, 11 May 2024US$310.4bUS$126.7bUS$15.7b18.7x19.8x2.5x
Mon, 08 Apr 2024US$287.9bUS$131.6bUS$17.2b16.8x16.7x2.2x
Wed, 06 Mar 2024US$283.7bUS$131.6bUS$17.2b16.7x16.5x2.2x
Fri, 02 Feb 2024US$283.5bUS$137.5bUS$17.3b16.7x16.4x2.1x
Sun, 31 Dec 2023US$287.7bUS$138.1bUS$17.2b17.2x16.7x2.1x
Tue, 28 Nov 2023US$285.3bUS$138.1bUS$17.2b17.4x16.6x2.1x
Thu, 26 Oct 2023US$268.2bUS$141.3bUS$16.6b16.7x16.1x1.9x
Sat, 23 Sep 2023US$286.3bUS$141.3bUS$16.6b17.7x17.2x2x
Mon, 21 Aug 2023US$286.6bUS$141.3bUS$16.6b17.8x17.2x2x
Wed, 19 Jul 2023US$299.1bUS$144.0bUS$14.9b19.9x20.1x2.1x
Fri, 16 Jun 2023US$302.5bUS$144.0bUS$14.9b20.3x20.4x2.1x
Sun, 14 May 2023US$314.3bUS$144.0bUS$14.9b21.1x21.2x2.2x
Tue, 11 Apr 2023US$319.4bUS$138.1bUS$12.5b22x25.5x2.3x
Thu, 09 Mar 2023US$300.1bUS$138.1bUS$12.6b20.3x23.9x2.2x
Sat, 04 Feb 2023US$311.8bUS$134.6bUS$13.1b21x23.8x2.3x
Mon, 02 Jan 2023US$314.3bUS$134.2bUS$13.1b21.4x24x2.3x
Wed, 30 Nov 2022US$315.7bUS$134.2bUS$13.1b21.8x24.1x2.4x
Fri, 28 Oct 2022US$303.6bUS$129.6bUS$10.1b20.5x30x2.3x
Sun, 25 Sep 2022US$390.6bUS$127.8bUS$9.8b22.9x39.8x3.1x
Price to Earnings Ratio

39.8x


Total Market Cap: US$390.6bTotal Earnings: US$9.8bTotal Revenue: US$127.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Multi-Utilities Industry Price to Earnings3Y Average 20.9x202320242025
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 20.9x.
  • 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 20% per year over the last three years.
  • Revenues for these companies have grown 2.7% 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 Market1.17%
Utilities-0.083%
Other Utilities-0.32%
Multi-Utilities-0.32%
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
CNP CenterPoint EnergyUS$38.050.7%
+US$169.7m		34.9%PE26.5x
D Dominion EnergyUS$59.600.3%
+US$153.6m		3.8%PE20x
UTL UnitilUS$45.420.2%
+US$1.3m		-27.1%PE17.3x

Latest News

CMS
US$70.18
CMS Energy
7D
-2.1%
1Y
1.4%
D
US$59.60
Dominion Energy
7D
0.3%
1Y
3.8%

These 4 Measures Indicate That Dominion Energy (NYSE:D) Is Using Debt Extensively

Sep 18
These 4 Measures Indicate That Dominion Energy (NYSE:D) Is Using Debt Extensively
SRE
US$82.48
Sempra
7D
-1.2%
1Y
-0.04%
NI
US$39.61
NiSource
7D
-2.7%
1Y
16.3%
DTE
US$135.11
DTE Energy
7D
-1.2%
1Y
9.4%
AEE
US$98.66
Ameren
7D
-1.6%
1Y
18.0%
ED
US$96.35
Consolidated Edison
7D
-1.4%
1Y
-5.7%

Consolidated Edison (NYSE:ED) Has A Somewhat Strained Balance Sheet

Sep 04
Consolidated Edison (NYSE:ED) Has A Somewhat Strained Balance Sheet
PEG
US$80.43
Public Service Enterprise Group
7D
-1.6%
1Y
-4.5%

Data Center Demand And New Jersey Infrastructure Will Unlock Value

Analysts maintained their consensus price target for Public Service Enterprise Group at $90.61, balancing optimism about the company’s long-term nuclear and renewables prospects with concerns over brief utility underperformance and ongoing regulatory negotiations. Analyst Commentary Bullish analysts highlighted PSEG’s long-term nuclear portfolio advantages as underappreciated by the market, contributing to upward target revisions.
UTL
US$45.42
Unitil
7D
0.2%
1Y
-27.1%
CNP
US$38.05
CenterPoint Energy
7D
0.7%
1Y
34.9%

CenterPoint Energy (NYSE:CNP) Use Of Debt Could Be Considered Risky

Sep 03
CenterPoint Energy (NYSE:CNP) Use Of Debt Could Be Considered Risky
WEC
US$109.47
WEC Energy Group
7D
-0.2%
1Y
16.7%

WEC Energy Group, Inc.'s (NYSE:WEC) Price Is Out Of Tune With Earnings

Aug 21
WEC Energy Group, Inc.'s (NYSE:WEC) Price Is Out Of Tune With Earnings