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U.S. Multi-Utilities Industry Analysis

UpdatedJun 04, 2026
DataAggregated Company Financials
Companies15
  • 7D-3.0%
  • 3M-3.8%
  • 1Y9.2%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 2.4%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 8.4%. 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, 04 Jun 2026US$393.0bUS$151.6bUS$17.8b19.8x22x2.6x
Sat, 02 May 2026US$408.7bUS$148.7bUS$17.5b21.4x23.4x2.7x
Mon, 30 Mar 2026US$397.0bUS$147.4bUS$17.5b20.6x22.6x2.7x
Wed, 25 Feb 2026US$404.0bUS$147.0bUS$17.9b21.1x22.6x2.7x
Fri, 23 Jan 2026US$376.3bUS$143.1bUS$17.4b19.7x21.7x2.6x
Sun, 21 Dec 2025US$364.1bUS$143.1bUS$17.4b19.2x21x2.5x
Tue, 18 Nov 2025US$381.7bUS$143.1bUS$17.4b20.2x22x2.7x
Thu, 16 Oct 2025US$381.5bUS$138.4bUS$17.1b21.4x22.3x2.8x
Sat, 13 Sep 2025US$364.6bUS$138.4bUS$17.1b20.5x21.4x2.6x
Mon, 11 Aug 2025US$372.5bUS$138.4bUS$17.1b20.7x21.8x2.7x
Wed, 09 Jul 2025US$349.9bUS$135.1bUS$16.8b20.3x20.8x2.6x
Fri, 06 Jun 2025US$352.6bUS$135.1bUS$16.8b20.5x21x2.6x
Sun, 04 May 2025US$357.8bUS$134.0bUS$16.4b21.5x21.8x2.7x
Tue, 01 Apr 2025US$351.3bUS$130.3bUS$15.9b22.6x22.1x2.7x
Thu, 27 Feb 2025US$347.2bUS$130.3bUS$16.0b21.8x21.7x2.7x
Sat, 25 Jan 2025US$338.1bUS$128.9bUS$16.3b18.6x20.7x2.6x
Mon, 23 Dec 2024US$336.0bUS$128.9bUS$16.3b19.1x20.6x2.6x
Wed, 20 Nov 2024US$352.2bUS$128.9bUS$16.3b20.4x21.6x2.7x
Fri, 18 Oct 2024US$353.4bUS$128.0bUS$15.7b20.1x22.5x2.8x
Sun, 15 Sep 2024US$339.8bUS$128.0bUS$15.7b19.7x21.6x2.7x
Tue, 13 Aug 2024US$320.2bUS$128.0bUS$15.7b18.8x20.4x2.5x
Thu, 11 Jul 2024US$296.5bUS$126.7bUS$15.7b17.6x18.9x2.3x
Sat, 08 Jun 2024US$303.6bUS$126.7bUS$15.7b17.5x19.3x2.4x
Mon, 06 May 2024US$301.1bUS$130.1bUS$15.8b18.5x19x2.3x
Wed, 03 Apr 2024US$291.7bUS$131.6bUS$17.2b17.1x16.9x2.2x
Fri, 01 Mar 2024US$280.6bUS$131.8bUS$17.2b16.5x16.3x2.1x
Sun, 28 Jan 2024US$276.3bUS$138.1bUS$17.2b16.3x16.1x2x
Tue, 26 Dec 2023US$285.2bUS$138.1bUS$17.2b17x16.6x2.1x
Thu, 23 Nov 2023US$282.5bUS$138.1bUS$17.2b17.2x16.4x2x
Sat, 21 Oct 2023US$265.0bUS$141.3bUS$16.6b16.7x15.9x1.9x
Mon, 18 Sep 2023US$291.2bUS$141.3bUS$16.6b18x17.5x2.1x
Wed, 16 Aug 2023US$282.8bUS$141.3bUS$16.6b17.8x17x2x
Fri, 14 Jul 2023US$307.2bUS$144.0bUS$14.9b20.6x20.7x2.1x
Sun, 11 Jun 2023US$303.6bUS$144.0bUS$14.9b20.2x20.4x2.1x
Price to Earnings Ratio

20.4x


Total Market Cap: US$303.6bTotal 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 20.1x202420252026
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 20.1x.
  • 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 Market0.35%
Utilities-3.07%
Other Utilities-3.01%
Multi-Utilities-3.01%
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

CMS
US$70.22
CMS Energy
7D
-5.4%
1Y
0.7%
AEE
US$106.23
Ameren
7D
-4.4%
1Y
10.1%
PEG
US$77.75
Public Service Enterprise Group
7D
-2.6%
1Y
-3.3%
WEC
US$110.05
WEC Energy Group
7D
-2.7%
1Y
4.1%
Narrative Update • Jun 02

WEC: Data Center Capex Expansion Will Shape Future Earnings Power

Analysts have trimmed their average price target for WEC Energy Group to reflect a small move lower in fair value to about $124.42 from $124.81, as updated models factor in slightly higher revenue growth expectations, a marginally softer profit margin outlook, and a modestly lower assumed future P/E. Analyst Commentary Recent Street research shows a mix of optimism and caution around WEC Energy Group, with price targets moving both higher and lower and ratings clustering around Neutral or equivalent.
CNP
US$41.54
CenterPoint Energy
7D
-3.6%
1Y
12.3%
SRE
US$89.53
Sempra
7D
-1.9%
1Y
17.1%
D
US$65.46
Dominion Energy
7D
-2.6%
1Y
16.7%
Narrative Update • May 28

D: Proposed All Stock Merger And Fair Value View Will Support Steady Returns

Analysts have modestly raised their price target on Dominion Energy to $68.42 from $66.35, reflecting updated views on discount rates, revenue growth assumptions, profit margins, and future P/E multiples. What's in the News NextEra Energy agreed to acquire Dominion Energy in an all stock transaction valued at about US$67.4b.
ED
US$103.48
Consolidated Edison
7D
-4.2%
1Y
1.2%