Header cover image

U.S. Renewable Energy Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies42
  • 7D-4.5%
  • 3M0.8%
  • 1Y9.2%
  • YTD-3.4%

Over the last 7 days, the Renewable Energy industry has dropped 4.5%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 9.2%.

Industry Valuation and Performance

Has the U.S. Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021US$59.6bUS$27.7b-US$1,763,893,456.0066.2x
Fri, 29 Oct 2021US$61.4bUS$27.6b-US$1,781,942,737.0097.1x
Sun, 26 Sep 2021US$56.7bUS$27.6b-US$1,779,860,439.0089x
Tue, 24 Aug 2021US$53.0bUS$27.6b-US$1,804,835,587.6566.1x
Wed, 30 Jun 2021US$50.5bUS$26.9b-US$1,697,974,060.6763.5x
Sat, 03 Apr 2021US$51.9bUS$26.2b-US$1,504,692,284.4658.4x
Tue, 05 Jan 2021US$50.0bUS$25.4bUS$432.1m59x
Fri, 09 Oct 2020US$38.9bUS$25.5bUS$418.8m33.7x
Thu, 02 Jul 2020US$37.6bUS$26.2bUS$298.9m31x
Sun, 05 Apr 2020US$32.9bUS$26.7bUS$431.8m21.5x
Wed, 08 Jan 2020US$41.7bUS$27.0bUS$925.5m37.1x
Tue, 01 Oct 2019US$40.6bUS$26.8bUS$527.4m25.9x
Fri, 05 Jul 2019US$35.7bUS$26.9bUS$956.9m29.7x
Mon, 08 Apr 2019US$37.1bUS$26.6bUS$991.7m44.1x
Thu, 10 Jan 2019US$32.8bUS$24.5bUS$1.3b38.5x
PE Ratio

21.2x

Total Market Cap: US$34.5bTotal Earnings: -US$129,406,688.44Total Revenue: US$22.8b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 66.2x which is higher than its 3-year average PE of 44.7x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Renewable Energy industry have deteriorated over the last three years, while revenues for these companies have grown 6.6% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Trends

Which industries have driven the changes within the U.S. Renewable Energy industry?

Independent Power Producers and Energy Traders-4.44%
Renewable Energy-4.49%

Industry PE: Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 51.5x. This is likely because analysts are expecting annual earnings growth of 44%, which is higher than its past year's earnings decline of 23% per year. Meanwhile, investors are most pessimistic about the Renewable Energy industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 43.3x.

Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 50% over the next 5 years. This is better than its past earnings decline of 17% per year. Meanwhile, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 44% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
No data available
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

AES

US$23.38

AES

7D

-5.0%

1Y

13.5%