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U.S. Water Utilities Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies17
  • 7D-2.7%
  • 3M-0.8%
  • 1Y2.0%
  • YTD-1.2%

Over the last 7 days, the Water Utilities industry has dropped 2.7%, driven by American Water Works Company declining 3.2%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 8.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Feb 2026US$47.0bUS$10.5bUS$2.2b21.5x21x4.5x
Thu, 01 Jan 2026US$47.0bUS$10.5bUS$2.2b21.5x21x4.5x
Sat, 29 Nov 2025US$47.1bUS$10.5bUS$2.2b21.9x21.1x4.5x
Mon, 27 Oct 2025US$54.4bUS$10.9bUS$2.1b23.5x26.1x5x
Wed, 24 Sep 2025US$50.9bUS$10.9bUS$2.1b22.3x24.2x4.7x
Fri, 22 Aug 2025US$51.0bUS$10.3bUS$2.2b22x23.5x5x
Sun, 20 Jul 2025US$48.7bUS$10.0bUS$2.1b22.6x23x4.9x
Tue, 17 Jun 2025US$48.9bUS$10.0bUS$2.1b23.2x23.1x4.9x
Thu, 15 May 2025US$47.0bUS$10.0bUS$2.1b23x22.1x4.7x
Sat, 12 Apr 2025US$49.1bUS$9.8bUS$2.1b21.3x23x5x
Mon, 10 Mar 2025US$50.3bUS$9.8bUS$2.1b19.9x23.4x5.1x
Wed, 05 Feb 2025US$44.7bUS$9.4bUS$2.0b21x22.1x4.7x
Fri, 03 Jan 2025US$44.7bUS$9.4bUS$2.0b22x22.1x4.7x
Sun, 01 Dec 2024US$49.3bUS$9.4bUS$2.0b24.3x24.4x5.2x
Tue, 29 Oct 2024US$48.6bUS$9.2bUS$2.0b22.5x24.6x5.3x
Thu, 26 Sep 2024US$50.0bUS$9.2bUS$2.0b23.5x25.4x5.5x
Sat, 24 Aug 2024US$49.2bUS$9.2bUS$2.0b23.9x25x5.4x
Mon, 22 Jul 2024US$49.8bUS$9.0bUS$2.0b23.6x25.4x5.5x
Wed, 19 Jun 2024US$45.2bUS$9.0bUS$2.0b21x23x5x
Fri, 17 May 2024US$47.9bUS$9.0bUS$2.0b24.1x24.4x5.3x
Sun, 14 Apr 2024US$42.1bUS$8.9bUS$1.8b21x23.6x4.7x
Tue, 12 Mar 2024US$43.6bUS$8.9bUS$1.8b24.4x24.6x4.9x
Thu, 08 Feb 2024US$44.0bUS$9.0bUS$1.7b23.5x25.4x4.9x
Sat, 06 Jan 2024US$47.5bUS$9.0bUS$1.7b26.6x27.5x5.3x
Mon, 04 Dec 2023US$47.9bUS$9.0bUS$1.7b28.2x27.7x5.3x
Wed, 01 Nov 2023US$43.2bUS$8.9bUS$1.7b25.3x25.6x4.8x
Fri, 29 Sep 2023US$44.3bUS$13.9bUS$2.6b25.9x17.3x3.2x
Sun, 27 Aug 2023US$49.7bUS$8.9bUS$1.7b28.9x29.3x5.6x
Tue, 25 Jul 2023US$52.8bUS$8.7bUS$1.6b33.4x32.9x6.1x
Thu, 22 Jun 2023US$52.5bUS$8.7bUS$1.6b36.3x32.7x6x
Sat, 20 May 2023US$50.9bUS$8.7bUS$1.6b32.9x31.8x5.8x
Mon, 17 Apr 2023US$53.6bUS$8.5bUS$1.6b33.6x33.4x6.3x
Wed, 15 Mar 2023US$50.4bUS$8.5bUS$1.6b31.9x31.3x5.9x
Fri, 10 Feb 2023US$51.9bUS$8.3bUS$2.1b35.2x25x6.2x
Price to Earnings Ratio

25x


Total Market Cap: US$51.9bTotal 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 25.5x202420252026
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 25.5x.
  • The 3-year average PS ratio of 5.2x 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 8.1% 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-0.35%
Utilities-0.66%
Water Utilities-2.68%
Water-2.68%
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
CWCO Consolidated WaterUS$38.351.5%
+US$8.9m		43.3%PE35.1x
YORW York WaterUS$33.410.5%
+US$2.5m		5.5%PE24.1x
ARTN.A Artesian ResourcesUS$33.090.3%
+US$928.2k		5.5%PE15.1x

Latest News

ARTN.A
US$33.09
Artesian Resources
7D
0.3%
1Y
5.5%
AWK
US$126.57
American Water Works Company
7D
-3.2%
1Y
0.6%
AWR
US$72.08
American States Water
7D
-1.9%
1Y
-1.0%

AWR: Fair Outlook Will Balance Firmer Margins With More Moderate Expectations

Analysts have trimmed their price target for American States Water to US$72.00 from US$81.50, citing updated assumptions for slightly higher discount rates, more moderate revenue growth, firmer profit margins, and a lower future P/E multiple of 22.23 versus 25.61 previously. Valuation Changes Fair Value: Lowered from US$81.50 to US$72.00, an adjustment of roughly US$9.50 per share.
YORW
US$33.41
York Water
7D
0.5%
1Y
5.5%

York Water (NASDAQ:YORW) Will Pay A Dividend Of $0.228

Jan 31
York Water (NASDAQ:YORW) Will Pay A Dividend Of $0.228
MSEX
US$51.94
Middlesex Water
7D
-0.7%
1Y
2.5%
GWRS
US$8.64
Global Water Resources
7D
-0.7%
1Y
-25.3%
HTO
US$52.51
H2O America
7D
-0.4%
1Y
0.8%

H2O America's (NASDAQ:HTO) Dividend Will Be Increased To $0.44

Jan 30
H2O America's (NASDAQ:HTO) Dividend Will Be Increased To $0.44
WTRG
US$38.25
Essential Utilities
7D
-2.7%
1Y
6.2%
CWCO
US$38.35
Consolidated Water
7D
1.5%
1Y
43.3%

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

Analysts have kept their fair value estimate for Consolidated Water steady at US$42.50, citing essentially unchanged assumptions for discount rate, revenue growth, profit margin and future P/E, which together support a stable price target despite the minor model tweaks. What's in the News Consolidated Water Co. Ltd., through its California based subsidiary PERC Water Corporation, secured an US$11.7 million contract to construct a wastewater recycling plant for a San Francisco Bay Area golf club (Key Developments).
PCYO
US$11.58
Pure Cycle
7D
-2.0%
1Y
-0.5%
CDZI
US$5.37
Cadiz
7D
-16.2%
1Y
6.5%

Is Cadiz (NASDAQ:CDZI) Using Too Much Debt?

Jan 14
Is Cadiz (NASDAQ:CDZI) Using Too Much Debt?