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

U.S. Multi-Utilities Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies15
  • 7D-1.2%
  • 3M-2.8%
  • 1Y10.6%
  • YTDn/a

The Multi-Utilities industry is down 3.0% over the last week with CMS Energy the worst performer, down 3.8%. In the past year, the industry has gained 9.2%. 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
Fri, 05 Jun 2026US$390.4bUS$151.6bUS$17.8b20x21.9x2.6x
Sun, 03 May 2026US$405.6bUS$148.7bUS$17.5b21.4x23.2x2.7x
Tue, 31 Mar 2026US$397.0bUS$147.4bUS$17.5b20.8x22.6x2.7x
Thu, 26 Feb 2026US$405.5bUS$147.0bUS$17.9b21.2x22.7x2.8x
Sat, 24 Jan 2026US$373.3bUS$143.1bUS$17.4b19.6x21.5x2.6x
Mon, 22 Dec 2025US$364.1bUS$143.1bUS$17.4b19.2x21x2.5x
Wed, 19 Nov 2025US$384.3bUS$143.1bUS$17.4b20.1x22.1x2.7x
Fri, 17 Oct 2025US$385.2bUS$138.4bUS$17.1b21.3x22.6x2.8x
Sun, 14 Sep 2025US$365.4bUS$138.4bUS$17.1b20.5x21.4x2.6x
Tue, 12 Aug 2025US$372.5bUS$138.4bUS$17.1b20.6x21.8x2.7x
Thu, 10 Jul 2025US$348.0bUS$135.1bUS$16.8b20.4x20.7x2.6x
Sat, 07 Jun 2025US$351.0bUS$135.1bUS$16.8b20.7x20.9x2.6x
Mon, 05 May 2025US$357.8bUS$134.0bUS$16.4b21.5x21.8x2.7x
Wed, 02 Apr 2025US$355.8bUS$130.3bUS$15.9b22.6x22.4x2.7x
Fri, 28 Feb 2025US$348.9bUS$130.3bUS$16.0b21.6x21.8x2.7x
Sun, 26 Jan 2025US$338.3bUS$128.9bUS$16.3b18.6x20.7x2.6x
Tue, 24 Dec 2024US$336.0bUS$128.9bUS$16.3b19.1x20.6x2.6x
Thu, 21 Nov 2024US$353.4bUS$128.9bUS$16.3b20.4x21.7x2.7x
Sat, 19 Oct 2024US$352.3bUS$128.0bUS$15.7b20.2x22.4x2.8x
Mon, 16 Sep 2024US$339.8bUS$128.0bUS$15.7b19.7x21.6x2.7x
Wed, 14 Aug 2024US$321.9bUS$128.0bUS$15.7b19x20.5x2.5x
Fri, 12 Jul 2024US$299.0bUS$126.7bUS$15.7b18.3x19.1x2.4x
Sun, 09 Jun 2024US$300.0bUS$126.7bUS$15.7b17.5x19.1x2.4x
Tue, 07 May 2024US$301.9bUS$130.1bUS$15.8b18.4x19.1x2.3x
Thu, 04 Apr 2024US$289.5bUS$131.6bUS$17.2b16.9x16.8x2.2x
Sat, 02 Mar 2024US$281.2bUS$131.8bUS$17.2b16.5x16.3x2.1x
Mon, 29 Jan 2024US$276.3bUS$138.1bUS$17.2b16.3x16.1x2x
Wed, 27 Dec 2023US$285.2bUS$138.1bUS$17.2b17.2x16.6x2.1x
Fri, 24 Nov 2023US$282.4bUS$138.1bUS$17.2b17.4x16.4x2x
Sun, 22 Oct 2023US$265.0bUS$141.3bUS$16.6b16.7x15.9x1.9x
Tue, 19 Sep 2023US$291.4bUS$141.3bUS$16.6b18.1x17.5x2.1x
Thu, 17 Aug 2023US$284.9bUS$141.3bUS$16.6b17.9x17.1x2x
Sat, 15 Jul 2023US$305.7bUS$144.0bUS$14.9b20.6x20.6x2.1x
Mon, 12 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 Market-0.11%
Utilities-1.53%
Other Utilities-1.18%
Multi-Utilities-1.18%
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$90.340.3%
+US$202.6m		18.9%PE30.6x
AVA AvistaUS$41.610.8%
+US$27.3m		11.9%PE16.7x

Latest News

WEC
US$111.23
WEC Energy Group
7D
-0.4%
1Y
6.1%
CMS
US$70.36
CMS Energy
7D
-3.8%
1Y
1.5%
SRE
US$90.34
Sempra
7D
0.3%
1Y
18.9%
AEE
US$106.99
Ameren
7D
-1.8%
1Y
11.4%
NI
US$45.85
NiSource
7D
-2.0%
1Y
17.6%
PEG
US$78.08
Public Service Enterprise Group
7D
-1.4%
1Y
-2.2%
CNP
US$41.85
CenterPoint Energy
7D
-0.9%
1Y
13.6%
AVA
US$41.61
Avista
7D
0.8%
1Y
11.9%
D
US$66.50
Dominion Energy
7D
-1.3%
1Y
18.8%
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$104.08
Consolidated Edison
7D
-2.1%
1Y
1.8%