U.S. Water Utilities Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 24 Jul 2026	US$49.6b	US$10.9b	US$2.1b	23.9x	23.6x	4.6x
Sun, 21 Jun 2026	US$46.1b	US$10.9b	US$2.1b	22.5x	21.9x	4.2x
Tue, 19 May 2026	US$45.6b	US$10.9b	US$2.1b	22.1x	21.7x	4.2x
Thu, 16 Apr 2026	US$48.6b	US$10.7b	US$2.2b	22.2x	22.4x	4.5x
Sat, 14 Mar 2026	US$49.8b	US$10.7b	US$2.2b	22.7x	23x	4.7x
Mon, 09 Feb 2026	US$45.4b	US$10.5b	US$2.2b	21x	20.3x	4.3x
Wed, 07 Jan 2026	US$46.0b	US$10.5b	US$2.2b	21.7x	20.5x	4.4x
Fri, 05 Dec 2025	US$46.8b	US$10.5b	US$2.2b	21.8x	20.9x	4.5x
Sun, 02 Nov 2025	US$49.4b	US$11.1b	US$2.1b	22.1x	23.3x	4.5x
Tue, 30 Sep 2025	US$51.9b	US$10.9b	US$2.1b	22.2x	24.7x	4.8x
Thu, 28 Aug 2025	US$50.9b	US$10.3b	US$2.2b	22.5x	23.4x	4.9x
Sat, 26 Jul 2025	US$48.1b	US$10.0b	US$2.1b	21.7x	22.7x	4.8x
Mon, 23 Jun 2025	US$48.7b	US$10.0b	US$2.1b	23.3x	22.9x	4.9x
Wed, 21 May 2025	US$50.0b	US$10.0b	US$2.1b	24.4x	23.6x	5x
Fri, 18 Apr 2025	US$50.6b	US$9.8b	US$2.1b	21.5x	23.7x	5.2x
Sun, 16 Mar 2025	US$49.9b	US$9.8b	US$2.1b	19.4x	23.3x	5.1x
Tue, 11 Feb 2025	US$43.6b	US$9.4b	US$2.0b	20.7x	21.5x	4.6x
Thu, 09 Jan 2025	US$43.4b	US$9.4b	US$2.0b	21.1x	21.5x	4.6x
Sat, 07 Dec 2024	US$47.7b	US$9.4b	US$2.0b	23.5x	23.6x	5.1x
Mon, 04 Nov 2024	US$48.0b	US$9.4b	US$2.0b	22.1x	23.7x	5.1x
Wed, 02 Oct 2024	US$50.5b	US$9.2b	US$2.0b	23.4x	25.7x	5.5x
Fri, 30 Aug 2024	US$49.7b	US$9.2b	US$2.0b	24.3x	25.3x	5.4x
Sun, 28 Jul 2024	US$50.3b	US$9.1b	US$2.0b	24.2x	25.6x	5.6x
Tue, 25 Jun 2024	US$45.7b	US$9.0b	US$2.0b	21.7x	23.2x	5.1x
Thu, 23 May 2024	US$48.1b	US$9.0b	US$2.0b	23.2x	24.5x	5.3x
Sat, 20 Apr 2024	US$42.1b	US$8.9b	US$1.8b	21.2x	23.6x	4.7x
Mon, 18 Mar 2024	US$42.8b	US$8.9b	US$1.8b	22.5x	24.1x	4.8x
Wed, 14 Feb 2024	US$43.2b	US$9.0b	US$1.7b	23.3x	25x	4.8x
Fri, 12 Jan 2024	US$48.3b	US$9.0b	US$1.7b	26.4x	27.9x	5.3x
Sun, 10 Dec 2023	US$47.7b	US$9.0b	US$1.7b	28.4x	27.5x	5.3x
Tue, 07 Nov 2023	US$46.9b	US$9.0b	US$1.7b	26.6x	27.3x	5.2x
Thu, 05 Oct 2023	US$43.6b	US$13.9b	US$2.6b	25.6x	17x	3.1x
Sat, 02 Sep 2023	US$48.7b	US$8.9b	US$1.7b	29.1x	28.7x	5.5x
Mon, 31 Jul 2023	US$52.4b	US$8.9b	US$1.7b	32x	31.6x	5.9x

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 24.0x.

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 8.2% per year over the last three years.
Revenues for these companies have grown 7.1% 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	-1.98%
Utilities	1.60%
Water Utilities	-0.25%
Water	-0.25%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	WTRG Essential Utilities	US$39.59	0.3% +US$34.0m	6.5%	PE20.2x
	AWK American Water Works Company	US$134.41	0.06% +US$15.6m	-4.3%	PE23.8x

Company

Last Price

Valuation

WTRG Essential Utilities

US$39.59

0.3%
+US$34.0m

6.5%

PE20.2x

AWK American Water Works Company

US$134.41

0.06%
+US$15.6m

-4.3%

PE23.8x

Consolidated Water Co. Ltd. Receives Limited Notice To Proceed On Hawaii Project And Receives Record $10.1 Million Municipal Water Treatment Equipment Order In Florida

Consolidated Water Co. Ltd. issued a press release announcing that the Company received a Limited Notice to Proceed from the Board of Water Supply of the City and County of Honolulu, Hawaii authorizing the procurement of approximately USD 6 million of long-lead equipment for the Kalaeloa seawater reverse osmosis desalination facility, and the Company received purchase orders totaling approximately USD 10.1 million from a municipality on Florida's east coast for nanofiltration membrane water treatment equipment and horizontal cartridge filters. The company recently received a Limited Notice to Proceed from its client, the Honolulu Board of Water Supply, authorizing the procurement of various long-lead equipment for the Kalaeloa seawater reverse osmosis desalination facility. The Limited Notice to Proceed releases approximately USD 6 million in project funds, enabling the company to procure critical long-lead equipment. While the commencement date of construction has still not been established due to permitting delays that are outside the control of both Consolidated Water and the Board of Water Supply, the authorization of early procurement of long-lead equipment clearly demonstrates the Board of Water Supply's continued commitment to mitigate the potential effect of these delays on the project schedule and position the facility to be completed as soon as practicable. The Kalaeloa facility is being developed under Consolidated Water's contract to design, build, operate and maintain a seawater reverse osmosis desalination plant capable of producing 1.7 million gallons of potable water per day. Following commissioning, the company is contracted to operate and maintain the facility for 20 years, with two additional five-year extension options at the client's discretion. In a separate development, Consolidated Water recently received purchase orders from a municipality on Florida's east coast to design, fabricate and deliver nanofiltration membrane water treatment equipment and horizontal cartridge filters valued at approximately USD 10.1 million. These purchase orders represent the largest orders secured by the company to date for municipal membrane-based water treatment equipment and for its line of horizontal cartridge filters. Delivery of the equipment is scheduled for November 2027.

U.S. Water Utilities Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Middlesex Water Company Declares Quarterly Cash Dividend on Common Stock, Payable on September 1, 2026

Global Water Resources, Inc. to Report Q2, 2026 Results on Aug 13, 2026

Consolidated Water Co. Ltd. Receives Limited Notice To Proceed On Hawaii Project And Receives Record $10.1 Million Municipal Water Treatment Equipment Order In Florida

Now 20% overvalued

American States Water Company to Report Q2, 2026 Results on Aug 06, 2026

Essential Utilities, Inc. to Report Q2, 2026 Results on Aug 04, 2026

New major risk - Revenue and earnings growth

H2O America to Report Q2, 2026 Results on Jul 27, 2026

California Water Service Group to Report Q2, 2026 Results on Jul 30, 2026

Third quarter 2026 earnings released: EPS: US$0.12 (vs US$0.094 in 3Q 2025)