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U.S. Multi-Utilities Industry Analysis

UpdatedJun 17, 2026
DataAggregated Company Financials
Companies15
  • 7D2.1%
  • 3M0.2%
  • 1Y15.4%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has risen 2.9%, driven by gains from Dominion Energy of 3.4%. This means that the industry has gained 14% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Jun 2026US$403.5bUS$151.6bUS$17.8b20.8x22.6x2.7x
Fri, 15 May 2026US$393.6bUS$151.6bUS$17.8b20.6x22.1x2.6x
Sun, 12 Apr 2026US$412.4bUS$147.4bUS$17.5b21.6x23.5x2.8x
Tue, 10 Mar 2026US$403.9bUS$147.4bUS$17.6b21.2x23x2.7x
Thu, 05 Feb 2026US$381.9bUS$144.0bUS$17.5b20.4x21.9x2.7x
Sat, 03 Jan 2026US$367.4bUS$143.1bUS$17.4b19.4x21.2x2.6x
Mon, 01 Dec 2025US$388.1bUS$143.1bUS$17.4b20.5x22.4x2.7x
Wed, 29 Oct 2025US$383.3bUS$138.5bUS$17.2b20.5x22.3x2.8x
Fri, 26 Sep 2025US$371.0bUS$138.4bUS$17.1b20.4x21.7x2.7x
Sun, 24 Aug 2025US$370.1bUS$138.4bUS$17.1b20.7x21.7x2.7x
Tue, 22 Jul 2025US$360.2bUS$135.1bUS$16.8b21.2x21.4x2.7x
Thu, 19 Jun 2025US$346.2bUS$135.1bUS$16.8b20.3x20.6x2.6x
Sat, 17 May 2025US$351.2bUS$135.1bUS$16.8b20.9x20.9x2.6x
Mon, 14 Apr 2025US$344.2bUS$130.3bUS$15.9b21.6x21.7x2.6x
Wed, 12 Mar 2025US$346.1bUS$130.3bUS$15.9b21.7x21.8x2.7x
Fri, 07 Feb 2025US$341.8bUS$129.5bUS$16.7b20.1x20.4x2.6x
Sun, 05 Jan 2025US$337.6bUS$128.9bUS$16.3b19.2x20.7x2.6x
Tue, 03 Dec 2024US$361.9bUS$128.9bUS$16.3b20.4x22.2x2.8x
Thu, 31 Oct 2024US$343.3bUS$128.0bUS$15.8b19.8x21.7x2.7x
Sat, 28 Sep 2024US$341.0bUS$128.0bUS$15.7b19.8x21.7x2.7x
Mon, 26 Aug 2024US$329.8bUS$128.0bUS$15.7b19.1x21x2.6x
Wed, 24 Jul 2024US$309.9bUS$126.7bUS$15.7b19x19.7x2.4x
Fri, 21 Jun 2024US$295.7bUS$126.7bUS$15.7b17.3x18.8x2.3x
Sun, 19 May 2024US$312.7bUS$126.7bUS$15.7b18.7x19.9x2.5x
Tue, 16 Apr 2024US$282.8bUS$131.6bUS$17.2b16.6x16.4x2.1x
Thu, 14 Mar 2024US$286.3bUS$131.6bUS$17.2b16.7x16.6x2.2x
Sat, 10 Feb 2024US$273.8bUS$137.4bUS$17.4b15.7x15.7x2x
Mon, 08 Jan 2024US$293.3bUS$138.1bUS$17.2b17.5x17.1x2.1x
Wed, 06 Dec 2023US$286.8bUS$138.1bUS$17.2b17.7x16.7x2.1x
Fri, 03 Nov 2023US$271.3bUS$139.4bUS$16.7b17.4x16.2x1.9x
Sun, 01 Oct 2023US$269.5bUS$141.3bUS$16.6b16.6x16.2x1.9x
Tue, 29 Aug 2023US$287.2bUS$141.3bUS$16.6b17.7x17.3x2x
Thu, 27 Jul 2023US$313.7bUS$143.9bUS$14.8b21.1x21.1x2.2x
Sat, 24 Jun 2023US$295.8bUS$144.0bUS$14.9b19.5x19.9x2.1x
Price to Earnings Ratio

19.9x


Total Market Cap: US$295.8bTotal 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 20.2x202420252026
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 22.6x which is higher than its 3-year average PE of 20.2x.
  • 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 Market2.32%
Utilities2.10%
Other Utilities2.10%
Multi-Utilities2.10%
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$68.503.4%
+US$2.0b		27.4%PE20.6x
PEG Public Service Enterprise GroupUS$80.882.9%
+US$1.1b		-0.2%PE17.8x
ED Consolidated EdisonUS$108.371.9%
+US$726.0m		6.9%PE18.5x
AEE AmerenUS$110.482.3%
+US$689.1m		17.1%PE20.1x
NI NiSourceUS$47.723.0%
+US$666.4m		21.5%PE23.8x

Latest News

AVA
US$41.02
Avista
7D
-2.5%
1Y
10.2%
Analysis Article • 7h

Avista (AVA) Stock Could Be 4.3% Undervalued After Data Center Pause

Avista (AVA) recently paused new large data center energy requests, including talks on a prospective 500 MW project in Washington, after community concerns about its potential impact and the need for broader stakeholder alignment. See our latest analysis for Avista. The pause on data center requests has coincided with a 3.42% decline in Avista's 1 day share price return to $40.98 and a softer 7 day share price return of 2.43%. However, its year to date share price return of 5.84% and 1 year...
DTE
US$148.85
DTE Energy
7D
2.0%
1Y
12.8%
SRE
US$91.77
Sempra
7D
1.0%
1Y
23.9%
D
US$68.50
Dominion Energy
7D
3.4%
1Y
27.4%
ED
US$108.37
Consolidated Edison
7D
1.9%
1Y
6.9%
Seeking Alpha • Jun 13

Consolidated Edison: A Steady Dividend King, Solid Valuation Ahead Of Summer

Summary Consolidated Edison remains a buy, offering a 3.3% yield, a 52-year dividend growth streak, and modest undervaluation versus intrinsic value. ED reaffirmed 2026 adjusted EPS guidance of $6.00–$6.20, with sell-side upgrades and projected steady earnings growth above 7% for FY 2026. Valuation supports upside: applying an 18.75x P/E to $6.25 normalized EPS yields a $117 target, above current levels, with a PEG ratio below the historical mean. Technical setup is constructive with rising 200-day moving average, but resistance at $114–$117 and weak RSI suggest momentum confirmation is needed. Read the full article on Seeking Alpha
AEE
US$110.48
Ameren
7D
2.3%
1Y
17.1%
PEG
US$80.88
Public Service Enterprise Group
7D
2.9%
1Y
-0.2%
NI
US$47.72
NiSource
7D
3.0%
1Y
21.5%
Narrative Update • Jun 05

NI: GenCo Data Center Agreements Will Support Future Returns And Customer Savings

Analysts have reaffirmed their $51.36 price target for NiSource, citing relatively steady assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News NiSource announced a long term energy agreement with an Alphabet subsidiary to support a large scale data center in northern Indiana, using the NIPSCO Generation LLC (GenCo) model to serve large load customers while aiming to provide benefits to existing customers and local communities.
CNP
US$43.35
CenterPoint Energy
7D
2.3%
1Y
21.4%
Narrative Update • Jun 05

CNP: Future Returns Will Reflect Weather Resilience Efforts And Execution Risks

Analysts have trimmed the CenterPoint Energy fair value estimate slightly, with the target moving from $46.13 to $46.00. This reflects updated sector-wide utilities assumptions and refreshed views on long term growth, margins, and P/E levels after a mix of recent price target cuts and increases across the Street.
UTL
US$51.47
Unitil
7D
-0.1%
1Y
-0.6%
Narrative Update • Jun 02

UTL: Neutral Coverage And Higher Discount Rate Will Support Bullish Future Repricing

Analysts have reduced their average price target for Unitil to about $55.67 from $56.50, reflecting updated views on growth, discount rates, and future P/E multiples following a series of neutral initiations and a downgrade in recent Street research. Analyst Commentary Recent Street research on Unitil has centered on neutral initiations and a downgrade, with analysts reassessing how the stock lines up with their expectations for growth, execution, and valuation.