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U.S. Utilities Sector Analysis

UpdatedMay 23, 2025
DataAggregated Company Financials
Companies116
  • 7D-1.3%
  • 3M-0.4%
  • 1Y12.7%
  • YTD4.5%

The Utilities industry is up 2.0% in the last week, with Constellation Energy up 2.5%. During this same period, the NextEra Energy underperformed, falling 10%. This means that the industry has gained 12% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 May 2025US$1.4tUS$540.1bUS$64.0b20.7x22.2x2.6x
Sun, 20 Apr 2025US$1.4tUS$526.6bUS$63.6b20.8x21.5x2.6x
Tue, 18 Mar 2025US$1.4tUS$526.8bUS$63.1b20.5x21.8x2.6x
Thu, 13 Feb 2025US$1.4tUS$524.3bUS$61.9b20.5x22.3x2.6x
Sat, 11 Jan 2025US$1.3tUS$528.1bUS$58.6b19.2x22.6x2.5x
Mon, 09 Dec 2024US$1.4tUS$533.3bUS$61.2b20.7x22.8x2.6x
Wed, 06 Nov 2024US$1.4tUS$530.4bUS$63.3b20x21.4x2.6x
Fri, 04 Oct 2024US$1.4tUS$522.9bUS$60.5b19.8x23.4x2.7x
Sun, 01 Sep 2024US$1.3tUS$522.9bUS$60.5b19.5x21.9x2.5x
Tue, 30 Jul 2024US$1.3tUS$518.2bUS$59.8b19.4x20.9x2.4x
Thu, 27 Jun 2024US$1.2tUS$517.6bUS$60.4b17.9x20x2.3x
Sat, 25 May 2024US$1.2tUS$518.1bUS$60.4b18.1x20.4x2.4x
Mon, 22 Apr 2024US$1.1tUS$528.1bUS$57.4b18.7x19.9x2.2x
Wed, 20 Mar 2024US$1.1tUS$527.9bUS$57.4b18.2x19.5x2.1x
Fri, 16 Feb 2024US$1.1tUS$539.1bUS$53.2b18.2x19.9x2x
Sun, 14 Jan 2024US$1.1tUS$543.9bUS$53.5b19x20.8x2x
Tue, 12 Dec 2023US$1.1tUS$543.9bUS$53.5b19.1x20.7x2x
Thu, 09 Nov 2023US$1.1tUS$545.4bUS$53.1b18.6x20.1x2x
Sat, 07 Oct 2023US$1.0tUS$554.7bUS$51.7b18.7x19.7x1.8x
Mon, 04 Sep 2023US$1.1tUS$549.7bUS$50.8b19.7x21.4x2x
Wed, 02 Aug 2023US$1.2tUS$550.6bUS$46.9b20.9x24.7x2.1x
Fri, 30 Jun 2023US$1.1tUS$551.9bUS$45.7b20x24.7x2x
Sun, 28 May 2023US$1.1tUS$549.1bUS$46.5b19.9x24.1x2x
Tue, 25 Apr 2023US$1.2tUS$531.9bUS$45.0b21.8x26.9x2.3x
Thu, 23 Mar 2023US$1.1tUS$532.0bUS$45.0b20x24.8x2.1x
Sat, 18 Feb 2023US$1.2tUS$527.6bUS$47.2b21x25.1x2.2x
Mon, 16 Jan 2023US$1.2tUS$531.4bUS$50.1b21.7x24.6x2.3x
Wed, 14 Dec 2022US$1.2tUS$531.8bUS$45.8b21.5x27.1x2.3x
Fri, 11 Nov 2022US$1.2tUS$530.5bUS$50.4b20.6x23.6x2.2x
Sun, 09 Oct 2022US$1.1tUS$505.2bUS$45.1b19.1x24.4x2.2x
Tue, 06 Sep 2022US$1.3tUS$505.3bUS$45.1b22.2x28.3x2.5x
Thu, 04 Aug 2022US$1.3tUS$493.8bUS$46.7b23.5x27.4x2.6x
Sat, 02 Jul 2022US$1.2tUS$484.3bUS$43.7b23.7x28.2x2.5x
Mon, 30 May 2022US$1.3tUS$484.2bUS$43.7b24.7x29.5x2.7x
Price to Earnings Ratio

29.5x


Total Market Cap: US$1.3tTotal Earnings: US$43.7bTotal Revenue: US$484.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 23.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the American 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 23.1x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 3.7% 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 sector?

US Market-1.37%
Utilities-1.34%
Water Utilities0.98%
Other Utilities-0.20%
Gas Utilities-0.35%
Electric Utilities-1.87%
Renewable Energy-2.75%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 343x.
    • Analysts are expecting annual earnings growth of 17.8%, which is lower than the prior year's growth of 27.5% per year.
  • Investors are most pessimistic about the Other Utilities industry, which is trading close to its 3-year average of 22.4x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 28% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 8.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CEG Constellation EnergyUS$291.472.5%
+US$2.2b		31.8%PE30.6x
SO SouthernUS$88.841.7%
+US$1.6b		15.1%PE21.2x
VST VistraUS$154.721.7%
+US$902.6m		60.9%PE23.5x
D Dominion EnergyUS$55.661.1%
+US$528.7m		5.9%PE21.8x
ED Consolidated EdisonUS$103.421.4%
+US$508.0m		10.2%PE19.7x
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Latest News

VST

US$154.72

Vistra

7D

1.7%

1Y

60.9%

BEPC

US$27.92

Brookfield Renewable

7D

-6.2%

1Y

-11.5%

CEG

US$291.47

Constellation Energy

7D

2.5%

1Y

31.8%

With EPS Growth And More, Constellation Energy (NASDAQ:CEG) Makes An Interesting Case

May 22
With EPS Growth And More, Constellation Energy (NASDAQ:CEG) Makes An Interesting Case

XEL

US$69.21

Xcel Energy

7D

-4.4%

1Y

28.8%

AES

US$9.63

AES

7D

-22.3%

1Y

-53.2%

The AES Corporation As An Income Investment (Technical Analysis)

May 21

AWK

US$141.85

American Water Works Company

7D

1.1%

1Y

10.3%

TXNM

US$56.38

TXNM Energy

7D

5.8%

1Y

53.1%

PEG

US$77.37

Public Service Enterprise Group

7D

-1.4%

1Y

5.2%

Investor Optimism Abounds Public Service Enterprise Group Incorporated (NYSE:PEG) But Growth Is Lacking

May 18
Investor Optimism Abounds Public Service Enterprise Group Incorporated (NYSE:PEG) But Growth Is Lacking

NEE

US$66.94

NextEra Energy

7D

-10.2%

1Y

-11.1%

PCG

US$17.02

PG&E

7D

-1.8%

1Y

-7.4%

PG&E (NYSE:PCG) Seems To Be Using A Lot Of Debt

May 15
PG&E (NYSE:PCG) Seems To Be Using A Lot Of Debt

SO

US$88.84

Southern

7D

1.7%

1Y

15.1%

Southern (NYSE:SO) Ticks All The Boxes When It Comes To Earnings Growth

May 15
Southern (NYSE:SO) Ticks All The Boxes When It Comes To Earnings Growth

OKLO

US$39.72

Oklo

7D

6.2%

1Y

423.3%

D

US$55.66

Dominion Energy

7D

1.1%

1Y

5.9%

Dominion Energy's (NYSE:D) Dividend Will Be $0.6675

May 11
Dominion Energy's (NYSE:D) Dividend Will Be $0.6675

CMS

US$69.36

CMS Energy

7D

-2.2%

1Y

13.9%

CMS Energy (NYSE:CMS) Has A Somewhat Strained Balance Sheet

May 11
CMS Energy (NYSE:CMS) Has A Somewhat Strained Balance Sheet

ED

US$103.42

Consolidated Edison

7D

1.4%

1Y

10.2%

EIX

US$56.22

Edison International

7D

-2.4%

1Y

-24.3%