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U.S. Renewable Energy Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies37
  • 7D5.8%
  • 3M33.0%
  • 1Y98.0%
  • YTD69.7%

The Renewable Energy industry is up 5.8% in the last week, with Vistra up 9.0%. In the last 12 months, the industry was up 98%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Nov 2024US$88.9bUS$37.8bUS$3.2b25.1x28x2.4x
Fri, 18 Oct 2024US$88.7bUS$35.5bUS$1.8b29.1x48.1x2.5x
Sun, 15 Sep 2024US$72.0bUS$35.5bUS$1.8b28.5x39x2x
Tue, 13 Aug 2024US$66.2bUS$35.6bUS$1.4b32.8x46.5x1.9x
Thu, 11 Jul 2024US$70.4bUS$34.9bUS$1.2b33.5x58.8x2x
Sat, 08 Jun 2024US$71.0bUS$35.0bUS$1.2b36.2x59.6x2x
Mon, 06 May 2024US$66.3bUS$36.6bUS$1.7b35.7x40.2x1.8x
Wed, 03 Apr 2024US$100.2bUS$70.1bUS$796.7m38.6x125.7x1.4x
Fri, 01 Mar 2024US$51.7bUS$34.9bUS$1.7b30x29.7x1.5x
Sun, 28 Jan 2024US$50.3bUS$35.9bUS$1.4b22.1x36.7x1.4x
Tue, 26 Dec 2023US$53.3bUS$35.9bUS$1.4b28x39.2x1.5x
Thu, 23 Nov 2023US$46.8bUS$35.9bUS$1.4b24x34.4x1.3x
Sat, 21 Oct 2023US$42.3bUS$37.1bUS$1.3b25.1x31.7x1.1x
Mon, 18 Sep 2023US$50.7bUS$37.1bUS$1.3b34x38.3x1.4x
Wed, 16 Aug 2023US$49.6bUS$36.6bUS$104.5m33.9x474.8x1.4x
Fri, 14 Jul 2023US$50.6bUS$35.0b-US$1,136,124,695.0032.7x-44.5x1.4x
Sun, 11 Jun 2023US$49.0bUS$34.7b-US$312,050,293.0033.1x-156.9x1.4x
Tue, 09 May 2023US$48.9bUS$33.2b-US$1,249,220,272.0016.9x-39.1x1.5x
Thu, 06 Apr 2023US$51.7bUS$32.7b-US$1,147,234,353.0014.7x-45x1.6x
Sat, 04 Mar 2023US$52.2bUS$32.7b-US$1,154,171,902.0026.8x-45.2x1.6x
Mon, 30 Jan 2023US$56.9bUS$31.7bUS$52.9m29.9x1075.1x1.8x
Wed, 28 Dec 2022US$57.6bUS$31.7bUS$14.1m29.5x4069.6x1.8x
Fri, 25 Nov 2022US$60.1bUS$31.7bUS$14.8m33.3x4054.4x1.9x
Sun, 23 Oct 2022US$54.0bUS$28.8b-US$697,577,241.0015.6x-77.4x1.9x
Tue, 20 Sep 2022US$63.6bUS$28.8b-US$711,266,523.0020x-89.5x2.2x
Thu, 18 Aug 2022US$63.3bUS$28.7b-US$702,078,232.0019x-90.1x2.2x
Sat, 16 Jul 2022US$54.1bUS$29.1bUS$49.9m68.5x1082.5x1.9x
Mon, 13 Jun 2022US$58.2bUS$29.1bUS$45.4m68.9x1282.7x2x
Wed, 11 May 2022US$52.5bUS$29.1b-US$15,471,279.0069x-3390.6x1.8x
Fri, 08 Apr 2022US$62.4bUS$28.9b-US$1,925,145,997.0080.1x-32.4x2.2x
Sun, 06 Mar 2022US$57.2bUS$28.8b-US$1,946,057,944.0076.3x-29.4x2x
Tue, 01 Feb 2022US$56.2bUS$46.2b-US$2,057,914,867.0059.8x-27.3x1.2x
Thu, 30 Dec 2021US$60.7bUS$27.7b-US$1,785,980,445.0066.4x-34x2.2x
Sat, 27 Nov 2021US$60.4bUS$27.7b-US$1,764,192,866.0067.1x-34.2x2.2x
Price to Earnings Ratio

-34.2x


Total Market Cap: US$60.4bTotal Earnings: -US$1,764,192,866.00Total Revenue: US$27.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Renewable Energy Industry Price to Earnings3Y Average 424.4x202220232024
Current Industry PE
  • Investors are pessimistic on the American Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 28.0x which is lower than its 3-year average PE of 424x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 11% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

US Market-1.19%
Utilities2.01%
Renewable Energy5.82%
Independent Power Producers and Energy Traders7.00%
Renewable Energy1.58%
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 8.5x.
    • Analysts are expecting annual earnings growth of 12.0%, which is lower than the prior year's growth of 14.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
VST VistraUS$154.869.0%
+US$4.3b
344.9%PE28.4x
TLN Talen EnergyUS$214.704.0%
+US$417.2m
289.3%PE17.7x
CWEN.A Clearway EnergyUS$26.143.2%
+US$96.3m
22.0%PE25.2x
RNW ReNew Energy GlobalUS$5.485.0%
+US$94.3m
-12.0%PE205.8x
AES AESUS$13.751.0%
+US$92.4m
-18.7%PE9.5x
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Latest News

AMPS

US$3.87

Altus Power

7D

-2.0%

1Y

-22.8%

MNTK

US$4.04

Montauk Renewables

7D

-1.7%

1Y

-55.6%

RNW

US$5.48

ReNew Energy Global

7D

5.0%

1Y

-12.0%

ORA

US$79.36

Ormat Technologies

7D

0.2%

1Y

18.4%

AES

US$13.75

AES

7D

1.0%

1Y

-18.7%

CWEN.A

US$26.14

Clearway Energy

7D

3.2%

1Y

22.0%

SPRU

US$2.28

Spruce Power Holding

7D

-8.4%

1Y

-33.3%

TLN

US$214.70

Talen Energy

7D

4.0%

1Y

289.3%

ALCE

US$1.51

Alternus Clean Energy

7D

-13.2%

1Y

-99.4%

ELLO

US$14.72

Ellomay Capital

7D

5.4%

1Y

9.3%

WAVE

US$8.23

Eco Wave Power Global

7D

23.2%

1Y

398.8%