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U.S. Renewable Energy Industry Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies40
  • 7D-0.1%
  • 3M-3.0%
  • 1Y-0.7%
  • YTD-0.7%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Vistra gained 3.4%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022US$59.4bUS$31.7bUS$15.0m31.3x3960.1x1.9x
Fri, 28 Oct 2022US$56.6bUS$28.9b-US$733,353,842.0016.7x-77.2x2x
Sun, 25 Sep 2022US$58.3bUS$28.8b-US$701,699,570.0019x-83.1x2x
Tue, 23 Aug 2022US$62.6bUS$28.8b-US$706,757,487.0018.9x-88.6x2.2x
Thu, 21 Jul 2022US$54.2bUS$29.1bUS$50.5m68.5x1073x1.9x
Sat, 18 Jun 2022US$54.2bUS$29.1bUS$45.0m63.3x1205x1.9x
Mon, 16 May 2022US$52.6bUS$29.1b-US$14,772,933.0066.9x-3563.3x1.8x
Wed, 13 Apr 2022US$59.8bUS$28.9b-US$1,924,626,448.0078.5x-31x2.1x
Fri, 11 Mar 2022US$59.1bUS$28.8b-US$1,948,491,881.0094x-30.3x2x
Sun, 06 Feb 2022US$72.6bUS$46.2b-US$2,058,166,743.0058.5x-35.3x1.6x
Tue, 04 Jan 2022US$65.3bUS$27.7b-US$1,742,239,308.0068.9x-37.5x2.4x
Thu, 02 Dec 2021US$60.2bUS$27.7b-US$1,764,980,274.0067.1x-34.1x2.2x
Sat, 30 Oct 2021US$62.6bUS$27.6b-US$1,781,463,486.0096.8x-35.1x2.3x
Mon, 27 Sep 2021US$56.7bUS$27.6b-US$1,779,860,439.0089x-31.9x2.1x
Wed, 25 Aug 2021US$53.5bUS$27.6b-US$1,804,835,587.6563x-29.7x1.9x
Thu, 01 Jul 2021US$50.5bUS$26.9b-US$1,697,974,060.6763.5x-29.8x1.9x
Sun, 04 Apr 2021US$51.9bUS$26.2b-US$1,504,692,284.4658.4x-34.5x2x
Wed, 06 Jan 2021US$50.0bUS$25.4bUS$432.1m59x115.8x2x
Sat, 10 Oct 2020US$38.9bUS$25.5bUS$418.8m33.7x93x1.5x
Fri, 03 Jul 2020US$37.6bUS$26.2bUS$298.9m31x125.7x1.4x
Mon, 06 Apr 2020US$32.9bUS$26.7bUS$431.8m21.5x76.2x1.2x
Thu, 09 Jan 2020US$41.7bUS$27.0bUS$925.5m37.1x45.1x1.5x
Price to Earnings Ratio

80.8x


Total Market Cap: US$42.6bTotal Earnings: US$527.4mTotal Revenue: US$26.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Renewable Energy Industry Price to Earnings3Y Average 243.5x202020212022
Current Industry PE
  • Investors are optimistic on the American Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 4kx which is higher than its 3-year average PE of 243x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have declined 69% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% 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 decreased profits.

Industry Trends

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

US Market-0.94%
Utilities-0.28%
Renewable Energy-0.14%
Independent Power Producers and Energy Traders1.56%
Renewable Energy-1.66%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 25.2%, which is lower than the prior year's growth of 106.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 107% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 21% 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$24.233.4%
+US$318.4m
21.9%PS0.7x
AES AESUS$28.260.6%
+US$120.2m
20.9%PS1.5x
AZRE Azure Power GlobalUS$5.748.9%
+US$30.2m
-72.1%PS1.7x
WAVE Eco Wave Power GlobalUS$4.164.0%
+US$887.9k
-37.3%PS888.9x
VVPR VivoPower InternationalUS$0.350.1%
+US$9.5k
-91.9%PS0.4x
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Latest News

ELLO

US$14.68

Ellomay Capital

7D

-14.6%

1Y

-50.0%

RNW

US$5.92

ReNew Energy Global

7D

-3.0%

1Y

-23.0%

WAVE

US$4.16

Eco Wave Power Global

7D

4.0%

1Y

-37.3%

AY

US$27.35

Atlantica Sustainable Infrastructure

7D

-1.9%

1Y

-28.7%

ORA

US$88.35

Ormat Technologies

7D

-2.0%

1Y

17.0%

AES

US$28.26

AES

7D

0.6%

1Y

20.9%

AZRE

US$5.74

Azure Power Global

7D

8.9%

1Y

-72.1%

VST

US$24.23

Vistra

7D

3.4%

1Y

21.9%

VVPR

US$0.35

VivoPower International

7D

0.1%

1Y

-91.9%