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U.S. Renewable Energy Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies38
  • 7D7.0%
  • 3M11.1%
  • 1Y7.9%
  • YTD1.4%

In the last week, the Renewable Energy industry is up 7.0%, with Vistra up 11%. In the same time, Ormat Technologies was down 7.6%. This means that the industry has gained 7.9% over the past year. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026US$129.2bUS$45.2b-US$908,442,184.7226.9x-142.2x2.9x
Tue, 19 May 2026US$117.3bUS$45.1b-US$871,819,565.8322.5x-134.5x2.6x
Thu, 16 Apr 2026US$115.7bUS$42.4b-US$478,464,234.0742.8x-241.8x2.7x
Sat, 14 Mar 2026US$111.3bUS$42.4b-US$482,774,971.5554.2x-230.5x2.6x
Mon, 09 Feb 2026US$112.3bUS$41.3bUS$32.3m52.8x3477.3x2.7x
Wed, 07 Jan 2026US$115.8bUS$41.4bUS$1.5b53.1x77.3x2.8x
Fri, 05 Dec 2025US$118.8bUS$41.4bUS$1.5b51.2x79.8x2.9x
Sun, 02 Nov 2025US$125.0bUS$43.2bUS$1.4b46.5x89.5x2.9x
Tue, 30 Sep 2025US$127.2bUS$43.2bUS$1.4b43.1x89.4x2.9x
Thu, 28 Aug 2025US$121.3bUS$43.3bUS$1.4b42.2x85.2x2.8x
Sat, 26 Jul 2025US$121.5bUS$42.7bUS$3.2b37.1x38x2.8x
Mon, 23 Jun 2025US$110.0bUS$42.3bUS$3.4b32.8x32.5x2.6x
Wed, 21 May 2025US$98.3bUS$42.2bUS$3.4b29.8x29.2x2.3x
Fri, 18 Apr 2025US$79.3bUS$42.0bUS$5.0b29.9x16x1.9x
Sun, 16 Mar 2025US$85.0bUS$42.2bUS$5.0b22.9x17.1x2x
Tue, 11 Feb 2025US$94.2bUS$41.1bUS$3.8b22.9x24.6x2.3x
Thu, 09 Jan 2025US$96.5bUS$41.3bUS$2.2b20.6x44.4x2.3x
Sat, 07 Dec 2024US$94.6bUS$37.7bUS$3.6b23.1x26.1x2.5x
Mon, 04 Nov 2024US$79.7bUS$35.5bUS$2.0b24x39.2x2.2x
Wed, 02 Oct 2024US$85.6bUS$35.5bUS$1.8b28.3x46.4x2.4x
Fri, 30 Aug 2024US$68.6bUS$35.5bUS$1.8b27.7x37.2x1.9x
Sun, 28 Jul 2024US$63.8bUS$34.9bUS$1.2b36.2x51.2x1.8x
Tue, 25 Jun 2024US$69.8bUS$34.9bUS$1.2b36.3x58.6x2x
Thu, 23 May 2024US$73.8bUS$34.9bUS$1.2b34.7x62.2x2.1x
Sat, 20 Apr 2024US$56.9bUS$36.7bUS$1.2b36.7x45.5x1.5x
Mon, 18 Mar 2024US$54.4bUS$36.5bUS$1.7b30.2x31.8x1.5x
Wed, 14 Feb 2024US$49.7bUS$35.9bUS$1.4b21.4x36.5x1.4x
Fri, 12 Jan 2024US$52.4bUS$35.9bUS$1.4b22.1x38.3x1.5x
Sun, 10 Dec 2023US$47.6bUS$35.9bUS$1.4b26.1x35x1.3x
Tue, 07 Nov 2023US$47.2bUS$37.0bUS$1.1b22x43.1x1.3x
Thu, 05 Oct 2023US$43.3bUS$37.1bUS$1.3b25.9x32.4x1.2x
Sat, 02 Sep 2023US$50.2bUS$37.1bUS$1.3b32x37.9x1.4x
Mon, 31 Jul 2023US$53.2bUS$35.0b-US$1,351,712,531.0035.5x-39.3x1.5x
Wed, 28 Jun 2023US$48.8bUS$35.2b-US$1,180,034,087.0029.5x-41.4x1.4x
Price to Earnings Ratio

-41.4x


Total Market Cap: US$48.8bTotal Earnings: -US$1,180,034,087.00Total Revenue: US$35.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Renewable Energy Industry Price to Earnings3Y Average 67.3x202420252026
Current Industry PE
  • Investors are optimistic on the American Renewable Energy industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have improved over the last three years.
  • Revenues for these companies have grown 8.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

US Market1.39%
Utilities0.57%
Renewable Energy6.97%
Independent Power Producers and Energy Traders11.41%
Renewable Energy-0.99%
Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average PE ratio of 26.6x.
    • Analysts are expecting annual earnings growth of 22.6%, which is higher than its past year's earnings decline of 1.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings decline of 70% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 23% 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$163.7510.6%
+US$5.3b		-11.5%PE26.9x
TLN Talen EnergyUS$436.2921.0%
+US$3.4b		51.1%PS6.1x
BEPC Brookfield RenewableUS$37.422.5%
+US$318.2m		19.1%PS3.5x
HNRG Hallador EnergyUS$19.4518.3%
+US$141.9m		27.0%PE40.6x
VIVO VivoPowerUS$5.4514.3%
+US$11.4m		21.0%PS1500.1x

Latest News

AES
US$14.62
AES
7D
-0.4%
1Y
40.4%
Analysis Article • 7h

AES (AES) Stock Could Be 4.7% Undervalued on Its Renewables Growth Narrative

Why AES Stock Is Back On Investors’ Radar AES (AES) has drawn fresh attention after recent share moves and updated return figures, prompting investors to reassess the US$14.62 stock in light of its value score of 5 and exposure across multiple power segments. See our latest analysis for AES. Recent trading has been relatively muted at the current US$14.62 share price. However, AES still shows a strong 1 year total shareholder return of 47.66%, which contrasts with weaker 3 and 5 year total...
HNRG
US$19.45
Hallador Energy
7D
18.3%
1Y
27.0%
VST
US$163.75
Vistra
7D
10.6%
1Y
-11.5%
FRVO
US$35.09
Fervo Energy
7D
-0.3%
1Y
n/a
Analysis Article • Jun 18

Fervo Energy (FRVO) Stock Looks Stretched After COO Promotion and 42x P B Valuation

Fervo Energy (FRVO) is drawing fresh attention after promoting Sarah Jewett to Chief Operating Officer, putting her in charge of core corporate operations as the geothermal developer targets large opportunities in clean, firm power. See our latest analysis for Fervo Energy. The executive change comes as Fervo Energy’s 1 day share price return of 7.61% and 7 day share price return of 10.34% sit against a 30 day share price return that declined 5.47% and a broadly flat year to date share price...
TLN
US$436.29
Talen Energy
7D
21.0%
1Y
51.1%
Narrative Update • Jun 18

TLN: Refinancing And Gas Acquisitions With Nuclear Plans Guide A Measured Outlook

Analysts have nudged the Talen Energy price target higher, citing refreshed models that reflect updated revenue growth, profit margin and P/E assumptions, along with a series of recent Street target increases to $411 and $499. Analyst Commentary Recent Street research on Talen Energy has featured multiple price target revisions, giving you a mixed picture of how analysts are thinking about the stock.
CWEN
US$37.42
Clearway Energy
7D
-0.1%
1Y
18.1%
New Narrative • Jun 14

Hyperscaler Power Campuses And Late Stage Pipeline Will Transform Long Term Cash Flow Visibility

Catalysts About Clearway Energy Clearway Energy owns and operates a portfolio of contracted renewable power, battery storage and flexible generation assets in the United States. What are the underlying business or industry changes driving this perspective?
RNW
US$6.32
ReNew Energy Global
7D
-1.7%
1Y
-3.5%
ANNA
US$2.93
AleAnna
7D
-8.4%
1Y
-61.2%
MNTK
US$1.59
Montauk Renewables
7D
-4.2%
1Y
-26.4%
Narrative Update • Jun 12

MNTK: Cleaned Up 2026 Assumptions Will Clarify Long Term Upside Potential

Montauk Renewables' analyst price target has been revised lower by several firms, trimming the Street outlook by a few dollars per share as analysts factor in updated assumptions around the discount rate, revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent research notes show that while headline price targets for Montauk Renewables have been trimmed by up to a few dollars per share, the tone from bullish analysts still leans toward patience rather than capitulation.
ORA
US$127.68
Ormat Technologies
7D
-7.6%
1Y
51.7%
VIVO
US$5.45
VivoPower
7D
14.3%
1Y
21.0%
WAVE
US$8.14
Eco Wave Power Global
7D
8.1%
1Y
67.8%
BEPC
US$37.42
Brookfield Renewable
7D
2.5%
1Y
19.1%
SPRU
US$2.90
Spruce Power Holding
7D
2.1%
1Y
42.2%
ELLO
US$19.77
Ellomay Capital
7D
-6.3%
1Y
29.2%