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U.S. Utilities Sector Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies122
  • 7D0.9%
  • 3M4.5%
  • 1Y15.3%
  • YTD18.6%

Over the last 7 days, the Utilities industry has remained flat, although notably NextEra Energy gained 5.0%. As for the the longer term, the industry is up 15% over the past 12 months. 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, 12 Nov 2025US$1.6tUS$559.3bUS$68.0b20.1x23.6x2.9x
Fri, 10 Oct 2025US$1.6tUS$549.9bUS$63.6b21.1x25.5x2.9x
Sun, 07 Sep 2025US$1.5tUS$549.2bUS$63.7b20.4x23.2x2.7x
Tue, 05 Aug 2025US$1.5tUS$546.2bUS$63.6b21x23.9x2.8x
Thu, 03 Jul 2025US$1.4tUS$540.7bUS$63.8b20.6x22.6x2.7x
Sat, 31 May 2025US$1.4tUS$540.1bUS$64.0b20.9x22.2x2.6x
Mon, 28 Apr 2025US$1.4tUS$528.6bUS$62.1b20.9x22.2x2.6x
Wed, 26 Mar 2025US$1.4tUS$526.8bUS$63.5b20.3x21.6x2.6x
Fri, 21 Feb 2025US$1.4tUS$525.6bUS$62.0b20.7x22.5x2.7x
Sun, 19 Jan 2025US$1.4tUS$528.1bUS$58.6b19.9x23.4x2.6x
Tue, 17 Dec 2024US$1.4tUS$532.1bUS$61.1b19.9x22.2x2.5x
Thu, 14 Nov 2024US$1.4tUS$533.4bUS$61.3b20.3x22.5x2.6x
Sat, 12 Oct 2024US$1.4tUS$522.9bUS$60.5b19.6x22.6x2.6x
Mon, 09 Sep 2024US$1.3tUS$522.9bUS$60.5b19.4x21.8x2.5x
Wed, 07 Aug 2024US$1.3tUS$521.8bUS$60.6b19.3x20.9x2.4x
Fri, 05 Jul 2024US$1.2tUS$517.6bUS$60.4b17.9x19.8x2.3x
Sun, 02 Jun 2024US$1.3tUS$518.1bUS$60.4b18.3x20.9x2.4x
Tue, 30 Apr 2024US$1.2tUS$525.9bUS$57.8b18.7x20x2.2x
Thu, 28 Mar 2024US$1.1tUS$528.0bUS$57.4b18.5x19.9x2.2x
Sat, 24 Feb 2024US$1.1tUS$534.3bUS$54.4b17.6x19.9x2x
Mon, 22 Jan 2024US$1.1tUS$543.9bUS$53.5b18.1x20.1x2x
Wed, 20 Dec 2023US$1.1tUS$543.9bUS$53.5b19.2x20.9x2.1x
Fri, 17 Nov 2023US$1.1tUS$545.0bUS$53.3b18.8x20.3x2x
Sun, 15 Oct 2023US$1.0tUS$554.7bUS$51.7b19x20.3x1.9x
Tue, 12 Sep 2023US$1.1tUS$549.8bUS$50.8b19.9x21.6x2x
Thu, 10 Aug 2023US$1.1tUS$547.7bUS$47.7b20.9x23.6x2.1x
Sat, 08 Jul 2023US$1.1tUS$551.7bUS$45.7b20.4x24.9x2.1x
Mon, 05 Jun 2023US$1.1tUS$549.2bUS$46.5b20x24.3x2.1x
Wed, 03 May 2023US$1.2tUS$537.6bUS$48.0b21.1x24.6x2.2x
Fri, 31 Mar 2023US$1.2tUS$532.0bUS$45.0b20.9x25.9x2.2x
Sun, 26 Feb 2023US$1.2tUS$531.2bUS$47.0b20.7x24.6x2.2x
Tue, 24 Jan 2023US$1.2tUS$531.4bUS$50.1b20.8x23.9x2.3x
Thu, 22 Dec 2022US$1.2tUS$531.4bUS$50.1b21.1x24.3x2.3x
Sat, 19 Nov 2022US$1.2tUS$531.3bUS$50.1b20.9x23.7x2.2x
Price to Earnings Ratio

23.7x


Total Market Cap: US$1.2tTotal Earnings: US$50.1bTotal Revenue: US$531.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 22.5x202320242025
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 22.5x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 11% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the U.S. Utilities sector?

US Market0.93%
Utilities0.86%
Other Utilities2.66%
Gas Utilities2.44%
Water Utilities1.72%
Electric Utilities0.44%
Renewable Energy-2.56%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 283x.
    • Analysts are expecting annual earnings growth of 27.5%, which is higher than its past year's earnings growth of 4.5% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading below its 3-year average of 30.2x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 4.5% per year.
  • In contrast, the Other 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
NEE NextEra EnergyUS$85.765.0%
+US$8.5b		15.5%PE27.5x
D Dominion EnergyUS$61.203.2%
+US$1.6b		7.3%PE20x
DTE DTE EnergyUS$139.784.8%
+US$1.3b		16.4%PE21x
AEP American Electric Power CompanyUS$122.732.0%
+US$1.2b		32.0%PE17.9x
PEG Public Service Enterprise GroupUS$83.752.4%
+US$963.4m		-3.4%PE20.1x

Latest News

CEG
US$351.67
Constellation Energy
7D
-3.1%
1Y
53.8%
EXC
US$45.44
Exelon
7D
-2.0%
1Y
19.1%

EXC: Future Earnings Will Depend On Regulatory Environments And Market Demand

Exelon’s analyst price target has increased modestly from $49.33 to $49.88 per share. Analysts point to the company's resilient fundamentals and prospects for steady earnings growth, despite mixed views on regulatory headwinds and valuation discounts.
DTE
US$139.78
DTE Energy
7D
4.8%
1Y
16.4%

DTE: Earnings Guidance And Profit Margins Will Support Fair Valuation

Analysts have slightly increased their price target for DTE Energy from $149.00 to $149.54, citing minor improvements in profit margin and future price-to-earnings projections, even though revenue growth estimates are moderating. What's in the News DTE Energy Company confirmed its earnings guidance for the year 2025, with an operating EPS guidance range of $7.09 to $7.23 (Key Developments).
PCG
US$16.59
PG&E
7D
2.7%
1Y
-21.7%
SO
US$91.14
Southern
7D
-1.7%
1Y
3.9%
BEPC
US$42.60
Brookfield Renewable
7D
-2.7%
1Y
42.8%
AEE
US$105.19
Ameren
7D
3.2%
1Y
14.3%
D
US$61.20
Dominion Energy
7D
3.2%
1Y
7.3%
NRG
US$162.84
NRG Energy
7D
-3.1%
1Y
75.7%

NRG: Future Data Center Demand Will Drive Significant Upside Potential

NRG Energy's analyst price target has increased from $194.77 to $207.23. Analysts cite rising cash flows, stronger data center demand, and a favorable industry outlook as key drivers for the upward revision.
VST
US$179.16
Vistra
7D
-5.4%
1Y
26.1%
TLN
US$374.55
Talen Energy
7D
-5.2%
1Y
79.4%
AEP
US$122.73
American Electric Power Company
7D
2.0%
1Y
32.0%

AEP: Data Center Demand And Regulatory Outcomes Will Shape Earnings Path Forward

American Electric Power Company's analyst price target has increased from $120.41 to $127.32. Analysts cite stronger projected revenue growth and robust demand fundamentals to support the upward revision.
PEG
US$83.75
Public Service Enterprise Group
7D
2.4%
1Y
-3.4%
EIX
US$57.87
Edison International
7D
3.9%
1Y
-30.1%
NEE
US$85.76
NextEra Energy
7D
5.0%
1Y
15.5%

NEE: Long-Term Clean Energy Demand Will Drive Future Performance

The analyst consensus price target for NextEra Energy has increased by over $4 to $91.00. Analysts cite constructive developments related to power purchase agreements and sustained demand for clean energy assets as reasons for the adjustment.
OKLO
US$104.22
Oklo
7D
-7.1%
1Y
361.4%