Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Water Utilities Industry Analysis

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies18
  • 7D1.0%
  • 3M-1.9%
  • 1Y-1.3%
  • YTD4.6%

Over the last 7 days, the Water Utilities industry has risen 1.0%, driven by gains from American Water Works Company of 1.6%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 8.6% annually.

Industry Valuation and Performance

Has the U.S. Water Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025US$47.1bUS$10.5bUS$2.2b22.1x21x4.5x
Tue, 11 Nov 2025US$50.5bUS$11.1bUS$2.2b22.4x23.5x4.5x
Thu, 09 Oct 2025US$54.1bUS$10.9bUS$2.1b22.4x25.9x4.9x
Sat, 06 Sep 2025US$50.1bUS$10.3bUS$2.2b22.5x23x4.9x
Mon, 04 Aug 2025US$49.5bUS$10.3bUS$2.2b21.8x22.8x4.8x
Wed, 02 Jul 2025US$47.8bUS$10.0bUS$2.1b22.6x22.5x4.8x
Fri, 30 May 2025US$48.8bUS$10.0bUS$2.1b23.8x23x4.9x
Sun, 27 Apr 2025US$50.1bUS$9.8bUS$2.1b21x23.5x5.1x
Tue, 25 Mar 2025US$48.6bUS$9.7bUS$2.1b21.1x22.7x5x
Thu, 20 Feb 2025US$44.4bUS$9.4bUS$2.0b21.5x21.9x4.7x
Sat, 18 Jan 2025US$44.5bUS$9.4bUS$2.0b20.6x22x4.7x
Mon, 16 Dec 2024US$47.0bUS$9.4bUS$2.0b23.6x23.2x5x
Wed, 13 Nov 2024US$48.8bUS$9.4bUS$2.0b24.5x24.1x5.2x
Fri, 11 Oct 2024US$48.3bUS$9.2bUS$2.0b22.4x24.5x5.3x
Sun, 08 Sep 2024US$50.0bUS$9.2bUS$2.0b23.8x25.4x5.5x
Tue, 06 Aug 2024US$51.9bUS$9.2bUS$2.0b24.3x26x5.7x
Thu, 04 Jul 2024US$45.1bUS$9.0bUS$2.0b21.9x23x5x
Sat, 01 Jun 2024US$44.8bUS$9.0bUS$2.0b21.7x22.8x5x
Mon, 29 Apr 2024US$43.4bUS$9.1bUS$1.9b21.3x23.1x4.8x
Wed, 27 Mar 2024US$42.7bUS$8.9bUS$1.8b21.9x24.1x4.8x
Fri, 23 Feb 2024US$44.2bUS$9.1bUS$1.7b23x25.4x4.8x
Sun, 21 Jan 2024US$45.8bUS$9.0bUS$1.7b25.5x26.4x5.1x
Tue, 19 Dec 2023US$47.8bUS$9.0bUS$1.7b27.7x27.6x5.3x
Thu, 16 Nov 2023US$47.0bUS$9.1bUS$1.7b27.2x27.1x5.2x
Sat, 14 Oct 2023US$60.8bUS$13.9bUS$2.6b25.5x23.7x4.4x
Mon, 11 Sep 2023US$48.4bUS$8.9bUS$1.7b29.2x28.6x5.4x
Wed, 09 Aug 2023US$51.0bUS$8.9bUS$1.7b31.1x30.1x5.7x
Fri, 07 Jul 2023US$50.5bUS$8.7bUS$1.6b33.8x31.5x5.8x
Sun, 04 Jun 2023US$52.5bUS$8.7bUS$1.6b34.3x32.8x6x
Tue, 02 May 2023US$52.2bUS$8.6bUS$1.6b33.1x32.6x6.1x
Thu, 30 Mar 2023US$51.8bUS$8.5bUS$1.6b32.4x32.3x6.1x
Sat, 25 Feb 2023US$50.3bUS$8.3bUS$1.6b32.5x31.5x6x
Mon, 23 Jan 2023US$52.7bUS$8.3bUS$2.1b35x25.4x6.3x
Wed, 21 Dec 2022US$52.5bUS$8.3bUS$2.1b34.7x25.3x6.3x
Price to Earnings Ratio

25.3x


Total Market Cap: US$52.5bTotal Earnings: US$2.1bTotal Revenue: US$8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Water Utilities Industry Price to Earnings3Y Average 25.7x202320242025
Current Industry PE
  • Investors are pessimistic on the American Water Utilities 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 21.0x which is lower than its 3-year average PE of 25.7x.
  • The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have grown 2.5% per year over the last three years.
  • Revenues for these companies have grown 8.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market-0.59%
Utilities-1.16%
Water Utilities1.02%
Water1.02%
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
AWK American Water Works CompanyUS$131.551.6%
+US$400.0m		1.5%PE23.1x
HTO H2O AmericaUS$49.052.4%
+US$40.8m		-9.7%PE16.1x
AWR American States WaterUS$73.951.1%
+US$30.2m		-11.1%PE22.1x
CWCO Consolidated WaterUS$35.764.8%
+US$26.1m		39.1%PE32.8x
MSEX Middlesex WaterUS$53.052.2%
+US$20.9m		-10.7%PE22.7x

Latest News

CWT
US$44.17
California Water Service Group
7D
-1.6%
1Y
-8.9%
CDZI
US$5.67
Cadiz
7D
-0.5%
1Y
39.7%

Revenues Tell The Story For Cadiz Inc. (NASDAQ:CDZI) As Its Stock Soars 27%

Dec 12
Revenues Tell The Story For Cadiz Inc. (NASDAQ:CDZI) As Its Stock Soars 27%
CWCO
US$35.76
Consolidated Water
7D
4.8%
1Y
39.1%

CWCO: New Wastewater Contract Will Support Future Margins And Share Gains

Analysts have increased their price target for Consolidated Water by 0.0 dollars, reflecting slightly refined assumptions around discount rates, revenue growth and profit margins that leave their overall valuation view effectively unchanged. What's in the News Won an $11.7 million contract to build a wastewater recycling plant for a San Francisco Bay Area golf club, adding to its portfolio of U.S. water infrastructure projects (Key Developments) New plant will treat 200,000 gallons of wastewater per day and provide 600,000 gallons of treated water storage for irrigation use (Key Developments) Facility will use membrane bioreactor technology to produce high quality recycled water while saving an estimated 36 to 38 million gallons of potable water annually (Key Developments) Value engineered design, including precast concrete basins and prefabricated equipment buildings, is expected to cut construction costs and speed delivery of the project (Key Developments) Valuation Changes Fair Value: Unchanged at $42.50 per share, indicating no material shift in the intrinsic valuation estimate.
WTRG
US$37.95
Essential Utilities
7D
-0.1%
1Y
-1.9%

WTRG: Modest Merger Premium Will Shape Long Term Upside Potential

Analysts have lowered their price targets on Essential Utilities by a few dollars into the low to mid $40s. This reflects a more cautious stance on the announced all stock merger with American Water and its relatively modest implied premium.
AWK
US$131.55
American Water Works Company
7D
1.6%
1Y
1.5%
PCYO
US$11.94
Pure Cycle
7D
4.8%
1Y
-10.6%
YORW
US$33.48
York Water
7D
1.0%
1Y
-3.8%

York Water's (NASDAQ:YORW) Upcoming Dividend Will Be Larger Than Last Year's

Nov 29
York Water's (NASDAQ:YORW) Upcoming Dividend Will Be Larger Than Last Year's
GWRS
US$8.47
Global Water Resources
7D
-2.4%
1Y
-32.2%

GWRS: Recent Private Placement Will Support Future Rate Base Expansion

Analysts have lowered their price target for Global Water Resources by $1.90, now forecasting $9.60 per share. This adjustment follows recent weaker financial performance, increased operating expenses, and reduced expectations for upcoming regulatory rate approvals.
MSEX
US$53.05
Middlesex Water
7D
2.2%
1Y
-10.7%

Slowing Rates Of Return At Middlesex Water (NASDAQ:MSEX) Leave Little Room For Excitement

Nov 20
Slowing Rates Of Return At Middlesex Water (NASDAQ:MSEX) Leave Little Room For Excitement
AWR
US$73.95
American States Water
7D
1.1%
1Y
-11.1%
ARTN.A
US$31.97
Artesian Resources
7D
1.3%
1Y
-4.4%

Artesian Resources' (NASDAQ:ARTN.A) Dividend Will Be Increased To $0.3136

Nov 03
Artesian Resources' (NASDAQ:ARTN.A) Dividend Will Be Increased To $0.3136
HTO
US$49.05
H2O America
7D
2.4%
1Y
-9.7%