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U.S. Renewable Energy Industry Analysis

UpdatedMay 31, 2023
DataAggregated Company Financials
Companies35
  • 7D-0.7%
  • 3M-6.1%
  • 1Y-19.3%
  • YTD-9.0%

The Renewable Energy is pretty flat in the last 7 days, but Sunnova Energy International has stood out, gaining 8.9%. Unfortunately though, the industry is down 19% over the past 12 months. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023US$25.6bUS$6.5bUS$548.4m30.7x46.8x3.9x
Sat, 29 Apr 2023US$25.7bUS$6.4bUS$590.1m16x43.6x4x
Mon, 27 Mar 2023US$25.5bUS$6.3bUS$770.2m21.1x33.1x4x
Wed, 22 Feb 2023US$28.0bUS$6.2bUS$747.6m26.4x37.4x4.5x
Fri, 20 Jan 2023US$30.0bUS$6.2bUS$672.4m29.9x44.6x4.8x
Sun, 18 Dec 2022US$29.3bUS$6.6b-US$3,592,484,940.0030.1x-8.1x4.4x
Tue, 15 Nov 2022US$31.8bUS$6.2bUS$705.2m14.4x45.1x5.2x
Thu, 13 Oct 2022US$28.4bUS$6.0bUS$668.3m16.3x42.4x4.7x
Sat, 10 Sep 2022US$36.0bUS$6.1bUS$659.2m19.4x54.6x5.9x
Mon, 08 Aug 2022US$27.0bUS$4.7bUS$77.6m20.4x348.4x5.8x
Wed, 06 Jul 2022US$24.2bUS$4.5b-US$242,698,336.0065.7x-99.8x5.4x
Fri, 03 Jun 2022US$26.2bUS$4.5b-US$247,337,105.0071.8x-105.9x5.9x
Sun, 01 May 2022US$24.0bUS$4.5b-US$324,325,952.0070.9x-73.9x5.4x
Tue, 29 Mar 2022US$27.5bUS$4.4b-US$259,037,750.0094.5x-106.1x6.3x
Thu, 24 Feb 2022US$23.6bUS$4.3b-US$369,743,323.0055.2x-63.7x5.5x
Sat, 22 Jan 2022US$23.9bUS$4.3b-US$300,062,992.0064.3x-79.8x5.6x
Mon, 20 Dec 2021US$28.3bUS$4.3b-US$322,076,920.0067.1x-87.8x6.7x
Wed, 17 Nov 2021US$29.2bUS$4.1b-US$197,080,617.0050.7x-148.3x7.1x
Fri, 15 Oct 2021US$23.4bUS$3.4bUS$12.3m61.6x1905.6x6.9x
Sun, 12 Sep 2021US$22.9bUS$3.4b-US$43,024,348.6721.7x-531.3x6.7x
Tue, 10 Aug 2021US$21.6bUS$3.4b-US$10,186,490.6758.5x-2119.6x6.3x
Mon, 03 May 2021US$21.2bUS$3.3bUS$151.1m54.3x140.1x6.5x
Thu, 04 Feb 2021US$25.5bUS$3.2b-US$266,511,096.4674.6x-95.7x8x
Sun, 08 Nov 2020US$15.5bUS$3.1b-US$170,460,683.0242.6x-90.7x5.1x
Sat, 01 Aug 2020US$18.1bUS$4.0b-US$511,293,845.6126.4x-35.4x4.5x
Price to Earnings Ratio

-27.1x


Total Market Cap: US$16.2bTotal Earnings: -US$598,420,189.14Total Revenue: US$4.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Renewable Energy Industry Price to Earnings3Y Average -94.8x202120222023
Current Industry PE
  • Investors are optimistic on the American Renewable Electricity industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 46.8x which is higher than its 3-year average PE of -94.8x.
  • The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • Total earnings for the Renewable Electricity industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

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

US Market1.05%
Utilities-0.86%
Renewable Energy-1.42%
Renewable Energy-0.69%
Independent Power Producers and Energy Traders-2.24%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
NOVA Sunnova Energy InternationalUS$17.669.4%
+US$176.8m
-10.2%PS3.1x
MNTK Montauk RenewablesUS$6.943.1%
+US$29.7m
-51.7%PE30.2x
ELLO Ellomay CapitalUS$16.8013.5%
+US$25.7m
-30.8%PS3.8x
WAVE Eco Wave Power GlobalUS$3.075.6%
+US$902.9k
-20.0%PS655.8x
AZRE Azure Power GlobalUS$2.490.4%
+US$641.6k
-82.2%PS0.8x
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Latest News

ORA

US$85.10

Ormat Technologies

7D

-0.1%

1Y

1.8%

AMPS

US$4.75

Altus Power

7D

-3.5%

1Y

-34.9%

NOVA

US$17.66

Sunnova Energy International

7D

9.4%

1Y

-10.2%

CWEN.A

US$27.48

Clearway Energy

7D

-3.6%

1Y

-14.0%

AY

US$24.17

Atlantica Sustainable Infrastructure

7D

-4.5%

1Y

-24.8%

SPRU

US$0.75

Spruce Power Holding

7D

-3.8%

1Y

-39.0%

AZRE

US$2.49

Azure Power Global

7D

0.4%

1Y

-82.2%

ELLO

US$16.80

Ellomay Capital

7D

13.5%

1Y

-30.8%

VVPR

US$0.56

VivoPower International

7D

-1.6%

1Y

-56.9%

WAVE

US$3.07

Eco Wave Power Global

7D

5.6%

1Y

-20.0%