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U.S. Utilities Sector Analysis

UpdatedJun 17, 2026
DataAggregated Company Financials
Companies116
  • 7D2.1%
  • 3M-3.0%
  • 1Y12.0%
  • YTD3.0%

The Utilities industry is up 2.5% in the last week, with Constellation Energy up 6.5%. In the same time, Brookfield Renewable was down 6.6%. This means that the industry has gained 11% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Jun 2026US$1.6tUS$587.1bUS$69.1b21.3x23.5x2.8x
Fri, 15 May 2026US$1.7tUS$597.8bUS$70.2b21.6x23.8x2.8x
Sun, 12 Apr 2026US$1.7tUS$568.0bUS$67.5b22.3x25.1x3x
Tue, 10 Mar 2026US$1.7tUS$567.9bUS$67.3b21.8x24.9x3x
Thu, 05 Feb 2026US$1.6tUS$558.9bUS$67.7b20.4x23.1x2.8x
Sat, 03 Jan 2026US$1.5tUS$556.5bUS$68.6b19.6x22.2x2.7x
Mon, 01 Dec 2025US$1.6tUS$558.0bUS$68.7b20.7x23.4x2.9x
Wed, 29 Oct 2025US$1.6tUS$550.7bUS$64.0b21.7x25.5x3x
Fri, 26 Sep 2025US$1.5tUS$549.9bUS$63.6b20.8x24.2x2.8x
Sun, 24 Aug 2025US$1.5tUS$549.2bUS$63.7b20.9x23.8x2.8x
Tue, 22 Jul 2025US$1.5tUS$540.6bUS$63.8b21.4x23.2x2.7x
Thu, 19 Jun 2025US$1.4tUS$540.2bUS$64.0b20.4x22x2.6x
Sat, 17 May 2025US$1.4tUS$540.1bUS$64.0b20.9x22.2x2.6x
Mon, 14 Apr 2025US$1.3tUS$526.8bUS$63.6b20.4x21.1x2.5x
Wed, 12 Mar 2025US$1.4tUS$526.8bUS$63.1b19.8x21.5x2.6x
Fri, 07 Feb 2025US$1.4tUS$523.9bUS$60.8b20.2x22.5x2.6x
Sun, 05 Jan 2025US$1.3tUS$523.4bUS$59.9b20.2x22.4x2.6x
Tue, 03 Dec 2024US$1.4tUS$533.3bUS$61.2b21x23.7x2.7x
Thu, 31 Oct 2024US$1.4tUS$524.3bUS$61.8b19.5x22.4x2.6x
Sat, 28 Sep 2024US$1.4tUS$522.9bUS$60.5b20x22.9x2.7x
Mon, 26 Aug 2024US$1.3tUS$522.9bUS$60.5b19.4x21.7x2.5x
Wed, 24 Jul 2024US$1.2tUS$517.6bUS$60.4b19.1x20.5x2.4x
Fri, 21 Jun 2024US$1.2tUS$517.6bUS$60.4b18x19.8x2.3x
Sun, 19 May 2024US$1.3tUS$518.1bUS$60.4b18.7x20.8x2.4x
Tue, 16 Apr 2024US$1.1tUS$528.1bUS$57.4b18.1x19.6x2.1x
Thu, 14 Mar 2024US$1.1tUS$526.3bUS$57.9b17.9x19.1x2.1x
Sat, 10 Feb 2024US$1.1tUS$539.4bUS$54.2b17.7x19.5x2x
Mon, 08 Jan 2024US$1.1tUS$543.9bUS$53.5b19.6x21.2x2.1x
Wed, 06 Dec 2023US$1.1tUS$543.9bUS$53.5b19.1x20.6x2x
Fri, 03 Nov 2023US$1.0tUS$548.3bUS$52.2b19.3x20.1x1.9x
Sun, 01 Oct 2023US$1.0tUS$554.7bUS$51.7b18.7x19.9x1.9x
Tue, 29 Aug 2023US$1.1tUS$549.7bUS$50.8b19.9x21.7x2x
Thu, 27 Jul 2023US$1.2tUS$553.8bUS$47.0b21.5x25.4x2.2x
Sat, 24 Jun 2023US$1.1tUS$551.9bUS$45.7b20x24.8x2.1x
Price to Earnings Ratio

24.8x


Total Market Cap: US$1.1tTotal Earnings: US$45.7bTotal Revenue: US$551.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 22.2x202420252026
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 22.2x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 2.1% 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 sector?

US Market2.32%
Utilities2.10%
Renewable Energy4.15%
Other Utilities2.10%
Electric Utilities2.07%
Water Utilities1.06%
Gas Utilities-0.033%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 20.2x.
    • Analysts are expecting annual earnings growth of 12.4%, which is higher than its past year's earnings growth of 10.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 8.3% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 9.8% 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$268.006.5%
+US$5.8b		-12.3%PE25.2x
VST VistraUS$158.618.5%
+US$4.2b		-10.8%PE26.1x
NEE NextEra EnergyUS$86.231.7%
+US$2.9b		20.0%PE22x
TLN Talen EnergyUS$406.5113.3%
+US$2.2b		42.2%PS5.7x
D Dominion EnergyUS$68.503.4%
+US$2.0b		27.4%PE20.6x

Latest News

DUK
US$126.06
Duke Energy
7D
1.8%
1Y
9.8%
TLN
US$406.51
Talen Energy
7D
13.3%
1Y
42.2%
AVA
US$41.02
Avista
7D
-2.5%
1Y
10.2%
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SO
US$94.31
Southern
7D
1.5%
1Y
6.7%
CEG
US$268.00
Constellation Energy
7D
6.5%
1Y
-12.3%
VST
US$158.61
Vistra
7D
8.5%
1Y
-10.8%
CWEN
US$37.68
Clearway Energy
7D
-3.2%
1Y
19.1%
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D
US$68.50
Dominion Energy
7D
3.4%
1Y
27.4%
SR
US$78.38
Spire
7D
-2.3%
1Y
8.5%
ETR
US$112.39
Entergy
7D
2.5%
1Y
38.8%
NEE
US$86.23
NextEra Energy
7D
1.7%
1Y
20.0%
UGI
US$34.26
UGI
7D
-0.9%
1Y
-5.4%
ORA
US$133.96
Ormat Technologies
7D
-3.1%
1Y
67.2%
TXNM
US$56.88
TXNM Energy
7D
-1.6%
1Y
1.0%
BIPC
US$40.62
Brookfield Infrastructure
7D
-1.4%
1Y
-0.6%
BEPC
US$36.31
Brookfield Renewable
7D
-6.6%
1Y
14.0%