Narrative Update • May 19
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- 7D-1.2%
- 3M-3.9%
- 1Y-8.3%
- YTD-3.2%
Over the last 7 days, the Water Utilities industry has dropped 1.2%, driven by a pullback from American Water Works Company of 1.7%. The industry has fallen 8.3% in the last year. As for the next few years, earnings are expected to grow by 10% per annum.
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, 22 May 2026 | US$45.3b | US$10.9b | US$2.1b | 22x | 21.6x | 4.2x |
| Sun, 19 Apr 2026 | US$48.1b | US$10.7b | US$2.2b | 22.8x | 22.2x | 4.5x |
| Tue, 17 Mar 2026 | US$50.4b | US$10.7b | US$2.2b | 22.7x | 23.2x | 4.7x |
| Thu, 12 Feb 2026 | US$45.7b | US$10.5b | US$2.2b | 21.2x | 20.4x | 4.4x |
| Sat, 10 Jan 2026 | US$46.6b | US$10.5b | US$2.2b | 21.9x | 20.8x | 4.4x |
| Mon, 08 Dec 2025 | US$46.6b | US$10.5b | US$2.2b | 21.9x | 20.8x | 4.4x |
| Wed, 05 Nov 2025 | US$48.6b | US$11.1b | US$2.1b | 22.5x | 22.9x | 4.4x |
| Fri, 03 Oct 2025 | US$51.8b | US$10.9b | US$2.1b | 21.8x | 24.8x | 4.7x |
| Sun, 31 Aug 2025 | US$50.7b | US$10.3b | US$2.2b | 22.3x | 23.3x | 4.9x |
| Tue, 29 Jul 2025 | US$47.9b | US$10.0b | US$2.1b | 21.4x | 22.6x | 4.8x |
| Thu, 26 Jun 2025 | US$49.1b | US$10.0b | US$2.1b | 22.7x | 23.2x | 4.9x |
| Sat, 24 May 2025 | US$49.2b | US$10.0b | US$2.1b | 23.8x | 23.2x | 4.9x |
| Mon, 21 Apr 2025 | US$51.3b | US$9.8b | US$2.1b | 21.5x | 24x | 5.3x |
| Wed, 19 Mar 2025 | US$50.0b | US$9.7b | US$2.1b | 24.1x | 23.4x | 5.1x |
| Fri, 14 Feb 2025 | US$44.4b | US$9.4b | US$2.0b | 20.9x | 21.9x | 4.7x |
| Sun, 12 Jan 2025 | US$42.7b | US$9.4b | US$2.0b | 20.7x | 21.1x | 4.5x |
| Tue, 10 Dec 2024 | US$47.6b | US$9.4b | US$2.0b | 23.5x | 23.5x | 5.1x |
| Thu, 07 Nov 2024 | US$49.1b | US$9.4b | US$2.0b | 23.9x | 24.3x | 5.2x |
| Sat, 05 Oct 2024 | US$50.1b | US$9.2b | US$2.0b | 22.9x | 25.4x | 5.5x |
| Mon, 02 Sep 2024 | US$50.1b | US$9.2b | US$2.0b | 24.4x | 25.5x | 5.5x |
| Wed, 31 Jul 2024 | US$50.1b | US$9.1b | US$2.0b | 24.2x | 25.4x | 5.5x |
| Fri, 28 Jun 2024 | US$45.6b | US$9.0b | US$2.0b | 22x | 23.2x | 5x |
| Sun, 26 May 2024 | US$45.7b | US$9.0b | US$2.0b | 22.8x | 23.3x | 5.1x |
| Tue, 23 Apr 2024 | US$42.6b | US$8.9b | US$1.8b | 21.5x | 23.9x | 4.8x |
| Thu, 21 Mar 2024 | US$42.8b | US$8.9b | US$1.8b | 22.1x | 24.1x | 4.8x |
| Sat, 17 Feb 2024 | US$44.8b | US$9.1b | US$1.8b | 23.7x | 25.6x | 4.9x |
| Mon, 15 Jan 2024 | US$47.8b | US$9.0b | US$1.7b | 26.6x | 27.6x | 5.3x |
| Wed, 13 Dec 2023 | US$47.5b | US$9.0b | US$1.7b | 28x | 27.4x | 5.2x |
| Fri, 10 Nov 2023 | US$45.6b | US$9.0b | US$1.7b | 26.7x | 26.3x | 5x |
| Sun, 08 Oct 2023 | US$62.6b | US$13.9b | US$2.6b | 25.9x | 24.4x | 4.5x |
| Tue, 05 Sep 2023 | US$48.7b | US$8.9b | US$1.7b | 29.1x | 28.7x | 5.5x |
| Thu, 03 Aug 2023 | US$52.0b | US$8.9b | US$1.7b | 32.1x | 31.2x | 5.9x |
| Sat, 01 Jul 2023 | US$50.9b | US$8.7b | US$1.6b | 35.8x | 31.8x | 5.8x |
| Mon, 29 May 2023 | US$51.8b | US$8.7b | US$1.6b | 33.7x | 32.3x | 5.9x |
Price to Earnings Ratio
32.3x
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 21.6x which is lower than its 3-year average PE of 24.5x.
- The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 4.2x.
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 Market | -0.82% | |
| Utilities | 0.15% | |
| Water Utilities | -1.20% | |
| Water | -1.20% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HTO H2O America | US$57.58 | 3.1% +US$72.0m | 10.0% | PE22.9x | |
| ARTN.A Artesian Resources | US$32.33 | 3.2% +US$10.2m | -4.9% | PE14.3x | |
| YORW York Water | US$29.80 | 1.7% +US$7.9m | -8.2% | PE22.7x | |
| CDZI Cadiz | US$4.19 | 1.7% +US$5.9m | 54.0% | PS23.5x | |
| GWRS Global Water Resources | US$6.99 | 0.4% +US$862.9k | -31.6% | PE100.5x |