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U.S. Renewable Energy Industry Analysis

UpdatedMay 24, 2022
DataAggregated Company Financials
Companies35
  • 7D8.4%
  • 3M4.1%
  • 1Y-13.7%
  • YTD-13.5%

The Renewable Energy industry has gained 8.4% in the last week and Ormat Technologies up 7.2%. However, the industry is down 14% over the past year. Earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 25 May 2022US$24.6bUS$4.5b-US$245,221,070.0067.1x
Fri, 22 Apr 2022US$24.3bUS$4.4b-US$267,187,591.0072.5x
Sun, 20 Mar 2022US$27.6bUS$4.4b-US$289,243,757.0072.1x
Tue, 15 Feb 2022US$24.1bUS$4.3b-US$368,900,264.0058.8x
Thu, 13 Jan 2022US$26.2bUS$4.3b-US$301,763,497.0066.9x
Sat, 11 Dec 2021US$27.4bUS$4.2b-US$303,747,503.0068.1x
Mon, 08 Nov 2021US$29.0bUS$4.1b-US$96,797,521.0066x
Wed, 06 Oct 2021US$22.1bUS$3.4bUS$11.9m59.9x
Fri, 03 Sep 2021US$21.4bUS$3.4b-US$10,186,490.6762.2x
Sun, 01 Aug 2021US$21.4bUS$3.4b-US$10,186,490.6760.4x
Wed, 05 May 2021US$21.2bUS$3.3bUS$151.1m54.3x
Sat, 06 Feb 2021US$25.5bUS$3.2b-US$266,511,096.4674.6x
Tue, 10 Nov 2020US$15.5bUS$3.1b-US$170,460,683.0242.6x
Mon, 03 Aug 2020US$18.1bUS$4.0b-US$511,293,845.6126.4x
Thu, 07 May 2020US$14.9bUS$4.0b-US$598,420,189.1420.3x
Sun, 09 Feb 2020US$16.9bUS$4.0b-US$292,760,515.2129.6x
Sat, 02 Nov 2019US$15.1bUS$3.9b-US$388,763,417.5841.7x
Tue, 06 Aug 2019US$13.2bUS$3.8b-US$235,195,841.3937.5x
Median PE Ratio

56.3x


Total Market Cap: US$11.1bTotal Earnings: US$47.9mTotal Revenue: US$3.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Renewable Energy Industry Median PE3Y Average 46.8x202020212022
Current Industry PE
  • Investors are optimistic on the industry, and appear confident in long-term growth rates.
  • The industry is trading at a PE ratio of 67.1x which is higher than its 3-year average PE of 46.8x.
Past Earnings Growth
  • Total earnings for the Renewable Electricity industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 7.3% 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 Comparison

How does U.S. Renewable Energy compare with similar industries?

US Market-0.51%
Utilities1.51%
Renewable Energy5.83%
Renewable Energy8.39%
Independent Power Producers and Energy Traders3.93%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ORA Ormat TechnologiesUS$78.424.4%
+US$186.7m
14.7%PS67.4x
NOVA Sunnova Energy InternationalUS$17.085.2%
+US$96.3m
-38.7%PS7.4x
AMPS Altus PowerUS$6.799.3%
+US$89.1m
-31.0%PS16.1x
AZRE Azure Power GlobalUS$13.8910.2%
+US$82.8m
-32.1%PS3.9x
MNTK Montauk RenewablesUS$12.072.8%
+US$46.5m
23.8%PS197.5x
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