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U.S. Utilities Sector Analysis

UpdatedFeb 06, 2023
DataAggregated Company Financials
Companies132
  • 7D-1.1%
  • 3M3.5%
  • 1Y-0.6%
  • YTD-2.7%

Over the last 7 days, the Utilities industry has dropped 1.1%, driven by Dominion Energy declining 3.9%. In contrast, UGI has gained 7.4%. As for the longer term, the industry's performance has been flat for the past year. 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
Mon, 06 Feb 2023US$1.2tUS$535.0bUS$49.7b21.3x23.7x2.2x
Wed, 04 Jan 2023US$1.2tUS$531.4bUS$50.1b21.2x24.2x2.3x
Fri, 02 Dec 2022US$1.2tUS$531.3bUS$50.1b21.3x24.4x2.3x
Sun, 30 Oct 2022US$1.2tUS$513.8bUS$48.5b20.2x24x2.3x
Tue, 27 Sep 2022US$1.3tUS$505.2bUS$45.1b21x27.7x2.5x
Thu, 25 Aug 2022US$1.3tUS$505.3bUS$45.1b22.6x29x2.6x
Sat, 23 Jul 2022US$1.2tUS$484.2bUS$43.7b22.2x27x2.4x
Mon, 20 Jun 2022US$1.1tUS$484.3bUS$43.7b21.3x25.5x2.3x
Wed, 18 May 2022US$1.2tUS$484.2bUS$43.7b23.9x28.1x2.5x
Fri, 15 Apr 2022US$1.3tUS$473.4bUS$40.7b25.9x32x2.8x
Sun, 13 Mar 2022US$1.2tUS$479.9bUS$41.5b22.8x29.3x2.5x
Tue, 08 Feb 2022US$1.2tUS$465.4bUS$39.6b23.3x30.1x2.6x
Thu, 06 Jan 2022US$1.2tUS$443.5bUS$39.4b23.7x31.5x2.8x
Sat, 04 Dec 2021US$1.2tUS$443.3bUS$39.3b22.4x29.8x2.6x
Mon, 01 Nov 2021US$1.2tUS$433.2bUS$41.6b22x28.2x2.7x
Wed, 29 Sep 2021US$1.1tUS$429.8bUS$42.1b21.1x26.2x2.6x
Fri, 27 Aug 2021US$1.2tUS$430.6bUS$42.0b22.1x27.8x2.7x
Sat, 03 Jul 2021US$1.1tUS$430.0bUS$42.1b21.5x25.9x2.5x
Tue, 06 Apr 2021US$1.1tUS$418.5bUS$40.8b21.7x26.9x2.6x
Fri, 08 Jan 2021US$1.1tUS$399.8bUS$35.9b20.8x29.6x2.7x
Thu, 01 Oct 2020US$991.7bUS$398.4bUS$36.0b19.3x27.6x2.5x
Sun, 05 Jul 2020US$933.8bUS$381.2bUS$42.5b20.1x22x2.5x
Wed, 08 Apr 2020US$918.0bUS$402.3bUS$35.1b21.9x26.2x2.3x
Price to Earnings Ratio

25.6x


Total Market Cap: US$1.0tTotal Earnings: US$40.2bTotal Revenue: US$407.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 27.4x202120222023
Current Industry PE
  • Investors are pessimistic on the American 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 23.7x which is lower than its 3-year average PE of 27.4x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 7.4% per year over the last three years.
  • Revenues for these companies have grown 9.5% 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 Market1.73%
Utilities-1.08%
Gas Utilities2.89%
Water Utilities0.57%
Renewable Energy-1.15%
Electric Utilities-1.31%
Other Utilities-1.55%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 432x.
    • Analysts are expecting annual earnings growth of 17.8%, which is lower than the prior year's growth of 248.2% per year.
  • Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 25.5x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 18% over the next 5 years.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 8.4% 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
UGI UGIUS$41.985.5%
+US$448.7m
0.6%PE40.7x
NJR New Jersey ResourcesUS$53.137.5%
+US$380.1m
32.9%PE18.4x
NFG National Fuel GasUS$59.684.5%
+US$252.6m
0.8%PE9.1x
WEC WEC Energy GroupUS$93.560.9%
+US$249.2m
-1.1%PE21x
SR SpireUS$75.596.0%
+US$228.2m
18.6%PE16.5x
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CEG

US$83.20

Constellation Energy

7D

1.0%

1Y

80.6%

NFG

US$59.68

National Fuel Gas

7D

5.1%

1Y

0.3%

FE

US$39.52

FirstEnergy

7D

-4.3%

1Y

-4.6%

SRE

US$155.90

Sempra

7D

-3.3%

1Y

13.8%

WEC

US$93.56

WEC Energy Group

7D

1.0%

1Y

-1.2%

NJR

US$53.13

New Jersey Resources

7D

8.8%

1Y

32.0%

UGI

US$41.98

UGI

7D

7.4%

1Y

2.9%

SR

US$75.59

Spire

7D

6.6%

1Y

18.7%

AWK

US$156.61

American Water Works Company

7D

1.0%

1Y

0.8%

EXC

US$40.90

Exelon

7D

-2.0%

1Y

-6.3%

ED

US$92.93

Consolidated Edison

7D

-2.2%

1Y

7.3%