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

U.S. Water Utilities Industry Analysis

UpdatedJul 04, 2026
DataAggregated Company Financials
Companies18
  • 7D2.7%
  • 3M-0.3%
  • 1Y2.2%
  • YTD6.0%

Over the last 7 days, the Water Utilities industry has risen 2.7%, driven by gains from American Water Works Company of 3.2%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 10.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Jul 2026US$50.1bUS$10.9bUS$2.1b24.4x23.9x4.6x
Mon, 01 Jun 2026US$45.9bUS$10.9bUS$2.1b22.7x21.9x4.2x
Wed, 29 Apr 2026US$48.6bUS$10.7bUS$2.2b23.3x22.4x4.5x
Fri, 27 Mar 2026US$48.5bUS$10.7bUS$2.2b22.5x22.3x4.5x
Sun, 22 Feb 2026US$47.2bUS$10.6bUS$2.2b21.9x21.1x4.5x
Tue, 20 Jan 2026US$48.5bUS$10.5bUS$2.2b22.7x21.7x4.6x
Thu, 18 Dec 2025US$47.4bUS$10.5bUS$2.2b22.1x21.2x4.5x
Sat, 15 Nov 2025US$50.7bUS$11.2bUS$2.1b22.3x23.6x4.5x
Mon, 13 Oct 2025US$54.1bUS$10.9bUS$2.1b22.7x25.9x5x
Wed, 10 Sep 2025US$49.5bUS$10.3bUS$2.2b22.1x22.8x4.8x
Fri, 08 Aug 2025US$48.7bUS$10.3bUS$2.2b22.2x22.4x4.7x
Sun, 06 Jul 2025US$48.3bUS$10.0bUS$2.1b23.1x22.8x4.8x
Tue, 03 Jun 2025US$49.5bUS$10.0bUS$2.1b23.8x23.3x4.9x
Thu, 01 May 2025US$50.9bUS$9.8bUS$2.1b20.7x23.8x5.2x
Sat, 29 Mar 2025US$49.1bUS$9.8bUS$2.1b21.7x23x5x
Mon, 24 Feb 2025US$46.3bUS$9.6bUS$2.1b20.5x22x4.8x
Wed, 22 Jan 2025US$44.5bUS$9.4bUS$2.0b20.7x22x4.7x
Fri, 20 Dec 2024US$44.8bUS$9.4bUS$2.0b22.7x22.1x4.8x
Sun, 17 Nov 2024US$48.2bUS$9.4bUS$2.0b24.3x23.8x5.1x
Tue, 15 Oct 2024US$49.0bUS$9.2bUS$2.0b22.7x24.9x5.4x
Thu, 12 Sep 2024US$50.6bUS$9.2bUS$2.0b23.9x25.7x5.5x
Sat, 10 Aug 2024US$50.5bUS$9.2bUS$2.0b23.9x25.6x5.5x
Mon, 08 Jul 2024US$45.9bUS$9.0bUS$2.0b22.1x23.4x5.1x
Wed, 05 Jun 2024US$46.2bUS$9.0bUS$2.0b21.8x23.5x5.1x
Fri, 03 May 2024US$44.9bUS$9.2bUS$1.9b22.2x23.7x4.9x
Sun, 31 Mar 2024US$44.2bUS$8.9bUS$1.8b22.9x24.8x4.9x
Tue, 27 Feb 2024US$42.3bUS$8.9bUS$1.8b22.7x24x4.7x
Thu, 25 Jan 2024US$46.1bUS$9.0bUS$1.7b25.1x26.6x5.1x
Sat, 23 Dec 2023US$48.0bUS$9.0bUS$1.7b28x27.7x5.3x
Mon, 20 Nov 2023US$47.4bUS$9.0bUS$1.7b27.9x27.4x5.2x
Wed, 18 Oct 2023US$43.8bUS$8.9bUS$1.7b25.8x25.8x4.9x
Fri, 15 Sep 2023US$49.2bUS$8.9bUS$1.7b29.9x29x5.5x
Sun, 13 Aug 2023US$50.5bUS$8.9bUS$1.7b29.6x29.8x5.7x
Tue, 11 Jul 2023US$49.8bUS$8.7bUS$1.6b33.7x31.1x5.7x
Price to Earnings Ratio

31.1x


Total Market Cap: US$49.8bTotal Earnings: US$1.6bTotal Revenue: US$8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Water Utilities Industry Price to Earnings3Y Average 24.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Water Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 24.1x.
  • The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 7.7% 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 Market1.63%
Utilities-1.22%
Water Utilities2.73%
Water2.73%
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$136.863.2%
+US$816.3m		-2.3%PE24.3x
WTRG Essential UtilitiesUS$39.381.9%
+US$207.1m		7.1%PE20.1x
AWR American States WaterUS$84.762.7%
+US$85.8m		9.8%PE25x
HTO H2O AmericaUS$62.422.9%
+US$72.4m		17.9%PE24.9x
CWT California Water Service GroupUS$50.232.3%
+US$68.8m		9.6%PE25.3x

Latest News

GWRS
US$7.20
Global Water Resources
7D
-0.8%
1Y
-29.1%
CWT
US$50.23
California Water Service Group
7D
2.3%
1Y
9.6%
CDZI
US$4.19
Cadiz
7D
12.6%
1Y
32.2%
AWK
US$136.86
American Water Works Company
7D
3.2%
1Y
-2.3%
AWR
US$84.76
American States Water
7D
2.7%
1Y
9.8%
Seeking Alpha • Jul 02

American States Water: Tap Into Free Flowing Returns

Summary American States Water exemplifies reliability, boasting a 71-year dividend growth streak and consistent operational excellence. AWR delivered solid Q1 2026 results, with 14.3% revenue growth and 8.6% EPS growth, driven by rate increases and infrastructure investments. Shares are fairly valued. AWR is a wonderful company at a fair price. AWR targets 7%+ annual EPS and dividend growth, supporting long-term 6% total returns, but faces regulatory and financing cost risks. Read the full article on Seeking Alpha
PCYO
US$10.81
Pure Cycle
7D
-3.7%
1Y
-2.5%
MSEX
US$57.55
Middlesex Water
7D
3.7%
1Y
3.6%
YORW
US$31.42
York Water
7D
2.1%
1Y
-2.8%
WTRG
US$39.38
Essential Utilities
7D
1.9%
1Y
7.1%
Seeking Alpha • Jun 27

Essential Utilities: Snatch Up This Dividend Champion Now

Summary After the upcoming dividend reset in its ongoing merger with American Water Works, Essential Utilities’ dividend growth will accelerate well beyond what it was doing independently. Joining forces with AWK, Essential Utilities will emerge as the most dominant regulated water utility in the United States. The company’s S&P credit rating is set to improve from A- with a positive outlook (considering the merger) to an A grade with a stable outlook. The stock is priced at a 12% discount to my revised fair value estimate. WTRG could realistically deliver 11%+ annual total returns through 2031. Read the full article on Seeking Alpha
HTO
US$62.42
H2O America
7D
2.9%
1Y
17.9%
Narrative Update • Jun 26

HTO: Steady Assumptions And Future P/E Will Support Balanced Outlook

Analysts kept their price target for H2O America steady at $63.71, citing unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E in their updated models. What’s in the News for H2O America No recent news items for H2O America were identified in the provided primary news sources.
CWCO
US$29.44
Consolidated Water
7D
-0.2%
1Y
-5.9%