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U.S. Utilities Sector Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies132
  • 7D1.5%
  • 3M-7.5%
  • 1Y-0.8%
  • YTD-2.2%

Last week, the Utilities industry hasn't moved much but NextEra Energy is up 3.3% in that time. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 10% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Dec 2022US$1.2tUS$531.7bUS$45.9b21.3x26.6x2.3x
Fri, 04 Nov 2022US$1.1tUS$514.8bUS$50.5b19.9x22.7x2.2x
Sun, 02 Oct 2022US$1.2tUS$505.2bUS$45.1b19.4x26x2.3x
Tue, 30 Aug 2022US$1.3tUS$505.3bUS$45.1b22.6x28.8x2.6x
Thu, 28 Jul 2022US$1.2tUS$486.1bUS$45.3b22.6x26.9x2.5x
Sat, 25 Jun 2022US$1.2tUS$484.3bUS$43.7b22.5x26.7x2.4x
Mon, 23 May 2022US$1.2tUS$484.2bUS$43.7b23.6x28.2x2.5x
Wed, 20 Apr 2022US$1.3tUS$473.4bUS$40.7b26x32.1x2.8x
Fri, 18 Mar 2022US$1.2tUS$479.9bUS$41.5b23.2x29.6x2.6x
Sun, 13 Feb 2022US$1.2tUS$468.2bUS$40.6b23.2x28.8x2.5x
Tue, 11 Jan 2022US$1.2tUS$443.5bUS$39.3b23.9x31.1x2.8x
Thu, 09 Dec 2021US$1.2tUS$443.3bUS$39.3b22.9x30.5x2.7x
Sat, 06 Nov 2021US$1.2tUS$439.8bUS$39.6b22.2x29.6x2.7x
Mon, 04 Oct 2021US$1.1tUS$429.8bUS$42.1b21.3x26.3x2.6x
Wed, 01 Sep 2021US$1.2tUS$430.6bUS$42.0b22.3x28.2x2.7x
Thu, 08 Jul 2021US$1.1tUS$430.0bUS$42.1b21.5x25.9x2.5x
Wed, 31 Mar 2021US$1.1tUS$418.5bUS$40.8b21.7x26.9x2.6x
Sat, 02 Jan 2021US$1.1tUS$399.8bUS$35.9b20.8x29.6x2.7x
Tue, 06 Oct 2020US$991.7bUS$398.4bUS$36.0b19.3x27.6x2.5x
Fri, 10 Jul 2020US$933.8bUS$381.2bUS$42.5b20.1x22x2.5x
Thu, 02 Apr 2020US$918.0bUS$402.3bUS$35.1b21.9x26.2x2.3x
Sun, 05 Jan 2020US$1.1tUS$407.9bUS$40.2b24x26.6x2.6x
Price to Earnings Ratio

26.6x


Total Market Cap: US$1.1tTotal Earnings: US$40.2bTotal Revenue: US$407.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 27.5x20212022
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 27.5x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 4.5% per year over the last three years.
  • Revenues for these companies have grown 9.2% 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-0.36%
Utilities1.49%
Water Utilities3.40%
Electric Utilities2.39%
Other Utilities0.26%
Renewable Energy-1.60%
Gas Utilities-1.60%
Industry PE
  • Investors are most optimistic about the Water Utilities industry even though it's trading below its 3-year average PE ratio of 37.7x.
    • Analysts are expecting annual earnings growth of 7.8%, which is lower than the prior year's growth of 11.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 107% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 7.8% 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$85.183.3%
+US$5.3b
-5.8%PE44.2x
SO SouthernUS$68.484.2%
+US$3.0b
6.2%PE21.9x
EXC ExelonUS$42.877.2%
+US$2.9b
-20.5%PE19.9x
DUK Duke EnergyUS$100.512.6%
+US$2.0b
-0.7%PE20.4x
AWK American Water Works CompanyUS$154.685.1%
+US$1.4b
-12.4%PE21.3x
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Latest News

OGS

US$76.31

ONE Gas

7D

-10.4%

1Y

9.5%

NRG

US$34.68

NRG Energy

7D

-17.3%

1Y

-10.8%

NFG

US$62.45

National Fuel Gas

7D

-3.7%

1Y

1.0%

DUK

US$100.51

Duke Energy

7D

2.6%

1Y

-0.7%

AWK

US$154.68

American Water Works Company

7D

5.1%

1Y

-12.4%

WEC

US$95.42

WEC Energy Group

7D

-1.6%

1Y

3.3%

NEE

US$85.18

NextEra Energy

7D

3.3%

1Y

-5.8%

SR

US$67.52

Spire

7D

-7.7%

1Y

7.2%

PEG

US$60.60

Public Service Enterprise Group

7D

4.0%

1Y

-6.2%

D

US$58.25

Dominion Energy

7D

-2.5%

1Y

-22.8%

CEG

US$90.78

Constellation Energy

7D

-3.9%

1Y

n/a

EXC

US$42.87

Exelon

7D

7.2%

1Y

-20.5%