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

U.S. Multi-Utilities Industry Analysis

UpdatedFeb 09, 2026
DataAggregated Company Financials
Companies15
  • 7D1.0%
  • 3M0.03%
  • 1Y9.8%
  • YTDn/a

The Multi-Utilities is pretty flat in the last 7 days, but Dominion Energy has stood out, gaining 3.6%. As for the the longer term, the industry is up 9.8% over the past 12 months. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Feb 2026US$383.0bUS$144.5bUS$17.4b20.3x22x2.6x
Wed, 07 Jan 2026US$365.6bUS$143.1bUS$17.4b19.3x21.1x2.6x
Fri, 05 Dec 2025US$372.5bUS$143.1bUS$17.4b19.6x21.5x2.6x
Sun, 02 Nov 2025US$373.2bUS$140.5bUS$17.2b20.4x21.7x2.7x
Tue, 30 Sep 2025US$373.4bUS$138.4bUS$17.1b20.9x21.9x2.7x
Thu, 28 Aug 2025US$365.1bUS$138.4bUS$17.1b20.2x21.4x2.6x
Sat, 26 Jul 2025US$366.0bUS$135.2bUS$16.8b21.5x21.8x2.7x
Mon, 23 Jun 2025US$347.0bUS$135.1bUS$16.8b20.4x20.7x2.6x
Wed, 21 May 2025US$358.7bUS$135.1bUS$16.8b21.1x21.4x2.7x
Fri, 18 Apr 2025US$348.7bUS$130.3bUS$15.9b22x22x2.7x
Sun, 16 Mar 2025US$347.1bUS$130.3bUS$15.9b21.9x21.8x2.7x
Tue, 11 Feb 2025US$342.6bUS$129.5bUS$16.7b20.4x20.5x2.6x
Thu, 09 Jan 2025US$332.3bUS$128.9bUS$16.3b18.6x20.4x2.6x
Sat, 07 Dec 2024US$351.7bUS$128.9bUS$16.3b19.8x21.6x2.7x
Mon, 04 Nov 2024US$339.8bUS$128.2bUS$16.1b19.4x21.1x2.7x
Wed, 02 Oct 2024US$346.2bUS$128.0bUS$15.7b20x22x2.7x
Fri, 30 Aug 2024US$329.9bUS$128.0bUS$15.7b19.2x21x2.6x
Sun, 28 Jul 2024US$314.5bUS$126.9bUS$15.8b18.5x19.9x2.5x
Tue, 25 Jun 2024US$295.9bUS$126.7bUS$15.7b17.5x18.9x2.3x
Thu, 23 May 2024US$312.8bUS$126.7bUS$15.7b18.4x19.9x2.5x
Sat, 20 Apr 2024US$284.4bUS$131.6bUS$17.2b16.8x16.5x2.2x
Mon, 18 Mar 2024US$284.2bUS$131.6bUS$17.2b16.5x16.5x2.2x
Wed, 14 Feb 2024US$271.3bUS$137.4bUS$17.4b15.7x15.6x2x
Fri, 12 Jan 2024US$292.8bUS$138.1bUS$17.2b17.1x17x2.1x
Sun, 10 Dec 2023US$286.9bUS$138.1bUS$17.2b17.7x16.7x2.1x
Tue, 07 Nov 2023US$279.6bUS$138.4bUS$17.1b16.6x16.3x2x
Thu, 05 Oct 2023US$262.0bUS$141.3bUS$16.6b16.7x15.8x1.9x
Sat, 02 Sep 2023US$282.4bUS$141.3bUS$16.6b17.7x17x2x
Mon, 31 Jul 2023US$306.6bUS$141.3bUS$15.0b19.4x20.5x2.2x
Wed, 28 Jun 2023US$300.5bUS$144.0bUS$14.9b20x20.2x2.1x
Fri, 26 May 2023US$297.8bUS$144.0bUS$14.9b19.8x20x2.1x
Sun, 23 Apr 2023US$319.1bUS$138.1bUS$12.5b21.7x25.4x2.3x
Tue, 21 Mar 2023US$306.2bUS$138.1bUS$12.5b21x24.4x2.2x
Thu, 16 Feb 2023US$309.4bUS$136.6bUS$12.3b21x25.2x2.3x
Price to Earnings Ratio

25.2x


Total Market Cap: US$309.4bTotal Earnings: US$12.3bTotal Revenue: US$136.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Multi-Utilities Industry Price to Earnings3Y Average 20.2x202420252026
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 20.2x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have grown 12% 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-0.071%
Utilities0.081%
Other Utilities0.98%
Multi-Utilities0.98%
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$62.333.8%
+US$2.0b		12.7%PE20.4x
SRE SempraUS$87.361.3%
+US$744.1m		6.3%PE27x
AEE AmerenUS$105.092.6%
+US$727.6m		8.1%PE20.1x
CMS CMS EnergyUS$72.843.2%
+US$696.9m		5.3%PE20.9x
ED Consolidated EdisonUS$107.341.8%
+US$693.0m		11.0%PE19x

Latest News

DTE
US$134.82
DTE Energy
7D
1.4%
1Y
9.0%
D
US$62.33
Dominion Energy
7D
3.8%
1Y
12.7%

D: Offshore Wind Court Win And Stable Outlook Will Support Measured Returns

Analysts have nudged their fair value estimate for Dominion Energy slightly higher, from $63.44 to $63.50. This reflects updated views on discount rate, revenue growth, profit margin and future P/E assumptions, even without new published Street research behind the change.
CMS
US$72.84
CMS Energy
7D
3.2%
1Y
5.3%
WEC
US$111.42
WEC Energy Group
7D
1.4%
1Y
10.1%

WEC: Dividend Trajectory And EPS Guidance Will Shape Premium Position

Analysts have nudged their price targets for WEC Energy Group higher by around $1, reflecting small adjustments to expected long term growth, profitability, and future P/E assumptions following recent mixed target moves at several firms. Analyst Commentary Recent research updates on WEC Energy Group have pulled price targets in different directions, with some firms lifting their views and others trimming theirs.
BKH
US$72.30
Black Hills
7D
-0.2%
1Y
21.2%

BKH: Dividend Increase And Wyoming Project Completion Will Support Future Upside Potential

Analysts have lifted their fair value estimate for Black Hills from $75.75 to $80.50, pointing to updated assumptions around discount rates, revenue growth, profit margins, and future P/E as key drivers behind the higher price target. Analyst Commentary Bullish Takeaways Bullish analysts view the higher fair value estimate of $80.50 as better aligned with their updated discount rate assumptions, suggesting the shares may be more fairly priced against the company’s perceived risk profile.
AEE
US$105.09
Ameren
7D
2.6%
1Y
8.1%
CNP
US$40.05
CenterPoint Energy
7D
1.7%
1Y
23.7%

CNP: Future Returns Will Reflect AI Power Demand And Regulatory Stability

Analysts have inched their price expectations for CenterPoint Energy higher, with the average target moving from about US$42.31 to US$42.50. They cite recent target increases and an upgraded rating that highlight perceived growth visibility and relatively lower regulatory and political risk.
SRE
US$87.36
Sempra
7D
1.3%
1Y
6.3%

SRE: Long-Term EPS Outlook Will Support Constructive Future Share Returns

Analysts have trimmed their Sempra fair value estimate slightly from about $99.87 to $99.60, reflecting updated assumptions around revenue growth, profit margins, and the future P/E multiple, while keeping the overall investment view broadly consistent. Valuation Changes Fair Value: Adjusted slightly lower from about US$99.87 to US$99.60 per share, a change of US$0.27.
ED
US$107.34
Consolidated Edison
7D
1.8%
1Y
11.0%

Consolidated Edison (NYSE:ED) Will Pay A Larger Dividend Than Last Year At $0.8875

Jan 31
Consolidated Edison (NYSE:ED) Will Pay A Larger Dividend Than Last Year At $0.8875