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U.S. Renewable Energy Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies38
- 7D2.1%
- 3M10.3%
- 1Y90.7%
- YTD7.5%
Over the last 7 days, the Renewable Energy industry has risen 2.1%, driven by gains from Vistra of 2.5%. Meanwhile, Brookfield Renewable actually underperformed within the industry, shrinking 6.0% in the last week. In the last 12 months, the industry was up 91%. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the U.S. Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | US$97.1b | US$41.3b | US$2.2b | 19.7x | 44.6x | 2.4x |
| Wed, 18 Dec 2024 | US$85.6b | US$36.6b | US$3.6b | 23.6x | 23.8x | 2.3x |
| Fri, 15 Nov 2024 | US$87.0b | US$37.8b | US$3.4b | 21.6x | 25.5x | 2.3x |
| Sun, 13 Oct 2024 | US$83.7b | US$35.5b | US$1.8b | 27.2x | 45.4x | 2.4x |
| Tue, 10 Sep 2024 | US$64.2b | US$35.5b | US$1.8b | 26.4x | 34.8x | 1.8x |
| Thu, 08 Aug 2024 | US$65.0b | US$34.9b | US$1.5b | 33.8x | 42.9x | 1.9x |
| Sat, 06 Jul 2024 | US$70.3b | US$34.9b | US$1.2b | 33.2x | 58.7x | 2x |
| Mon, 03 Jun 2024 | US$76.8b | US$34.9b | US$1.2b | 37x | 64.7x | 2.2x |
| Wed, 01 May 2024 | US$62.5b | US$36.7b | US$1.4b | 38.3x | 45.8x | 1.7x |
| Fri, 29 Mar 2024 | US$95.2b | US$36.9b | US$1.2b | 32.1x | 78.4x | 2.6x |
| Sun, 25 Feb 2024 | US$50.8b | US$35.8b | US$874.7m | 22.6x | 58.1x | 1.4x |
| Tue, 23 Jan 2024 | US$49.7b | US$35.9b | US$1.4b | 20.7x | 36.3x | 1.4x |
| Thu, 21 Dec 2023 | US$53.2b | US$35.9b | US$1.4b | 28.2x | 39.1x | 1.5x |
| Sat, 18 Nov 2023 | US$46.1b | US$36.0b | US$1.1b | 21x | 42.2x | 1.3x |
| Mon, 16 Oct 2023 | US$42.3b | US$37.1b | US$1.3b | 25.1x | 31.6x | 1.1x |
| Wed, 13 Sep 2023 | US$49.9b | US$37.1b | US$1.3b | 33x | 37.7x | 1.3x |
| Fri, 11 Aug 2023 | US$51.2b | US$36.6b | US$110.9m | 43.1x | 461.6x | 1.4x |
| Sun, 09 Jul 2023 | US$48.8b | US$35.0b | -US$1,135,393,716.00 | 32.3x | -43x | 1.4x |
| Tue, 06 Jun 2023 | US$48.9b | US$34.6b | -US$355,077,018.00 | 31x | -137.8x | 1.4x |
| Thu, 04 May 2023 | US$48.6b | US$32.7b | -US$1,318,297,634.00 | 15.1x | -36.9x | 1.5x |
| Sat, 01 Apr 2023 | US$51.9b | US$32.7b | -US$1,092,915,250.00 | 15.8x | -47.5x | 1.6x |
| Mon, 27 Feb 2023 | US$52.4b | US$31.8b | US$92.0m | 26.1x | 570x | 1.6x |
| Wed, 25 Jan 2023 | US$57.4b | US$31.7b | US$10.1m | 31.1x | 5665.7x | 1.8x |
| Fri, 23 Dec 2022 | US$57.5b | US$31.7b | US$14.4m | 29.2x | 3994.8x | 1.8x |
| Sun, 20 Nov 2022 | US$58.6b | US$31.7b | US$12.2m | 32.1x | 4814.4x | 1.8x |
| Tue, 18 Oct 2022 | US$52.5b | US$28.8b | -US$698,649,951.00 | 16.8x | -75.2x | 1.8x |
| Thu, 15 Sep 2022 | US$64.6b | US$28.8b | -US$708,283,954.00 | 20.3x | -91.3x | 2.2x |
| Sat, 13 Aug 2022 | US$63.5b | US$28.7b | -US$727,436,315.00 | 21.3x | -87.3x | 2.2x |
| Mon, 11 Jul 2022 | US$55.7b | US$29.1b | US$48.4m | 68.3x | 1151x | 1.9x |
| Wed, 08 Jun 2022 | US$61.6b | US$29.1b | US$43.7m | 71.5x | 1410.9x | 2.1x |
| Fri, 06 May 2022 | US$56.5b | US$29.0b | -US$1,986,239,965.00 | 71.4x | -28.4x | 1.9x |
| Sun, 03 Apr 2022 | US$63.4b | US$28.9b | -US$1,925,198,080.00 | 91.4x | -32.9x | 2.2x |
| Tue, 01 Mar 2022 | US$56.8b | US$28.8b | -US$1,982,954,356.00 | 80.5x | -28.6x | 2x |
| Thu, 27 Jan 2022 | US$54.7b | US$46.2b | -US$2,057,274,549.00 | 58.5x | -26.6x | 1.2x |
Price to Earnings Ratio
-26.6x
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 44.6x which is lower than its 3-year average PE of 428x.
- 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 declined 3.7% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the U.S. Utilities industry?
| US Market | 3.25% | |
| Utilities | 4.25% | |
| Renewable Energy | 2.07% | |
| Independent Power Producers and Energy Traders | 2.47% | |
| Renewable Energy | 0.50% | |
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 10.7x.
- Analysts are expecting annual earnings growth of 10.1%, which is lower than the prior year's growth of 44.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 15% 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 10% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VST Vistra | US$170.86 | 5.4% +US$3.0b | 327.5% | PE31.4x | |
| TLN Talen Energy | US$234.95 | 10.6% +US$1.0b | 261.4% | PE9.8x | |
| CWEN.A Clearway Energy | US$24.85 | 6.0% +US$164.4m | 7.3% | PE23.9x | |
| AES AES | US$11.82 | 1.1% +US$92.4m | -29.6% | PE8.2x | |
| RNW ReNew Energy Global | US$6.78 | 3.2% +US$76.2m | 2.0% | PE107.3x |
