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U.S. Water Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies17
  • 7D-0.2%
  • 3M15.2%
  • 1Y-5.4%
  • YTDn/a

The Water is pretty flat in the last 7 days, but SJW Group has stood out, gaining 3.8%. As for the longer term, the industry has declined 5.4% in the last year. Earnings are forecast to grow by 6.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024US$50.4bUS$9.1bUS$2.0b23.9x25.6x5.6x
Sun, 23 Jun 2024US$45.7bUS$9.0bUS$2.0b21.1x23.2x5.1x
Tue, 21 May 2024US$48.1bUS$9.0bUS$2.0b23.6x24.5x5.3x
Thu, 18 Apr 2024US$41.4bUS$8.9bUS$1.8b21.2x23.2x4.6x
Sat, 16 Mar 2024US$43.0bUS$8.9bUS$1.8b22.5x24.3x4.8x
Mon, 12 Feb 2024US$44.0bUS$9.0bUS$1.7b24.1x25.4x4.9x
Wed, 10 Jan 2024US$47.9bUS$9.0bUS$1.7b26.6x27.7x5.3x
Fri, 08 Dec 2023US$48.1bUS$9.0bUS$1.7b28.7x27.8x5.3x
Sun, 05 Nov 2023US$46.9bUS$9.0bUS$1.7b26.9x27.3x5.2x
Tue, 03 Oct 2023US$44.5bUS$13.9bUS$2.6b25.4x17.4x3.2x
Thu, 31 Aug 2023US$49.2bUS$8.9bUS$1.7b29x29x5.5x
Sat, 29 Jul 2023US$52.7bUS$8.9bUS$1.7b32x31.8x5.9x
Mon, 26 Jun 2023US$51.2bUS$8.7bUS$1.6b35.2x32x5.9x
Wed, 24 May 2023US$51.7bUS$8.7bUS$1.6b33.6x32.2x5.9x
Fri, 21 Apr 2023US$53.5bUS$8.5bUS$1.6b33.6x33.4x6.3x
Sun, 19 Mar 2023US$51.2bUS$8.5bUS$1.6b31.8x31.9x6x
Tue, 14 Feb 2023US$52.8bUS$8.3bUS$2.1b35.6x25.4x6.4x
Thu, 12 Jan 2023US$55.3bUS$8.3bUS$2.1b34.1x26.6x6.7x
Sat, 10 Dec 2022US$54.4bUS$8.3bUS$2.1b35.5x26.2x6.6x
Mon, 07 Nov 2022US$49.3bUS$8.2bUS$2.1b34.6x24x6x
Wed, 05 Oct 2022US$47.8bUS$8.2bUS$2.0b33.6x23.6x5.8x
Fri, 02 Sep 2022US$52.8bUS$8.2bUS$2.0b37.3x26x6.4x
Sun, 31 Jul 2022US$54.1bUS$8.1bUS$2.0b37.8x26.7x6.6x
Tue, 28 Jun 2022US$50.4bUS$8.2bUS$2.0b33.1x24.6x6.1x
Thu, 26 May 2022US$50.0bUS$8.2bUS$2.0b33x24.5x6.1x
Sat, 23 Apr 2022US$53.9bUS$8.1bUS$2.0b33.9x27.1x6.7x
Mon, 21 Mar 2022US$53.3bUS$8.1bUS$2.0b34x26.6x6.6x
Wed, 16 Feb 2022US$49.9bUS$8.0bUS$1.5b33.8x33.4x6.2x
Fri, 14 Jan 2022US$56.2bUS$8.0bUS$1.5b36.7x37.6x7x
Sun, 12 Dec 2021US$57.9bUS$8.0bUS$1.5b36.9x38.4x7.2x
Tue, 09 Nov 2021US$55.6bUS$8.0bUS$1.5b38.4x36x6.9x
Thu, 07 Oct 2021US$55.5bUS$8.1bUS$1.6b35.5x35.3x6.9x
Sat, 04 Sep 2021US$58.8bUS$8.7bUS$1.4b36.8x41.3x6.7x
Mon, 02 Aug 2021US$55.9bUS$8.7bUS$1.4b35.5x39.3x6.4x
Price to Earnings Ratio

39.3x


Total Market Cap: US$55.9bTotal Earnings: US$1.4bTotal Revenue: US$8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Water Industry Price to Earnings3Y Average 29.5x202220232024
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 25.6x which is lower than its 3-year average PE of 29.5x.
  • The industry is trading close to its 3-year average PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have grown 11% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Water compare with similar industries?

US Market-2.42%
Utilities0.62%
Water Utilities-0.18%
Water-0.18%
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
SJW SJW GroupUS$61.663.8%
+US$99.0m
-11.9%PE23x
MSEX Middlesex WaterUS$65.226.0%
+US$66.0m
-20.2%PE32.1x
AWR American States WaterUS$81.272.1%
+US$61.4m
-6.2%PE26.7x
CWT California Water Service GroupUS$52.851.3%
+US$39.9m
3.9%PE21.2x
PCYO Pure CycleUS$10.974.4%
+US$11.1m
-11.0%PE43.6x
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Latest News

CDZI

US$3.68

Cadiz

7D

-0.5%

1Y

-8.1%

SJW

US$61.66

SJW Group

7D

3.8%

1Y

-11.9%

MSEX

US$65.22

Middlesex Water

7D

6.0%

1Y

-20.2%

GWRS

US$13.01

Global Water Resources

7D

-0.5%

1Y

1.0%

PCYO

US$10.97

Pure Cycle

7D

4.4%

1Y

-11.0%

CWCO

US$28.64

Consolidated Water

7D

2.1%

1Y

45.5%

AWR

US$81.27

American States Water

7D

2.1%

1Y

-6.2%

CWT

US$52.85

California Water Service Group

7D

1.3%

1Y

3.9%

ARTN.A

US$39.36

Artesian Resources

7D

-1.5%

1Y

-14.3%