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U.S. Utilities Sector Analysis

UpdatedNov 08, 2024
DataAggregated Company Financials
Companies117
  • 7D-2.4%
  • 3M5.4%
  • 1Y29.4%
  • YTD19.8%

Over the last 7 days, the Utilities industry has dropped 2.4%, driven by NextEra Energy declining 5.8%. On the other hand Sempra is actually up 7.7%. In the past year, the industry has gained 29%. 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
Fri, 08 Nov 2024US$1.4tUS$531.1bUS$61.2b19.7x22.3x2.6x
Sun, 06 Oct 2024US$1.4tUS$522.9bUS$60.5b19.8x23.3x2.7x
Tue, 03 Sep 2024US$1.3tUS$522.9bUS$60.5b19.5x21.9x2.5x
Thu, 01 Aug 2024US$1.3tUS$519.1bUS$59.4b19.6x21.5x2.5x
Sat, 29 Jun 2024US$1.2tUS$517.6bUS$60.4b18x19.9x2.3x
Mon, 27 May 2024US$1.2tUS$518.1bUS$60.4b18.1x20.6x2.4x
Wed, 24 Apr 2024US$1.2tUS$528.1bUS$57.4b18.9x20.2x2.2x
Fri, 22 Mar 2024US$1.1tUS$528.0bUS$57.4b18.5x19.5x2.1x
Sun, 18 Feb 2024US$1.1tUS$537.1bUS$54.3b18.1x19.8x2x
Tue, 16 Jan 2024US$1.1tUS$543.9bUS$53.5b19x20.8x2x
Thu, 14 Dec 2023US$1.1tUS$543.9bUS$53.5b19.7x20.6x2x
Sat, 11 Nov 2023US$1.0tUS$545.0bUS$53.3b18.4x19.6x1.9x
Mon, 09 Oct 2023US$1.0tUS$554.7bUS$51.7b18.7x19.7x1.8x
Wed, 06 Sep 2023US$1.1tUS$549.7bUS$50.8b19.3x21.1x1.9x
Fri, 04 Aug 2023US$1.1tUS$548.7bUS$47.5b21.3x23.8x2.1x
Sun, 02 Jul 2023US$1.1tUS$551.7bUS$45.7b20.3x25x2.1x
Tue, 30 May 2023US$1.1tUS$549.1bUS$46.5b19.9x24.1x2x
Thu, 27 Apr 2023US$1.2tUS$532.3bUS$44.8b21.6x26.4x2.2x
Sat, 25 Mar 2023US$1.1tUS$532.0bUS$45.0b20.5x25.3x2.1x
Mon, 20 Feb 2023US$1.2tUS$527.6bUS$47.2b21x25.1x2.2x
Wed, 18 Jan 2023US$1.2tUS$531.4bUS$50.1b21.6x24.5x2.3x
Fri, 16 Dec 2022US$1.2tUS$531.8bUS$45.8b21.2x26.7x2.3x
Sun, 13 Nov 2022US$1.2tUS$529.4bUS$50.4b20.1x23.4x2.2x
Tue, 11 Oct 2022US$1.1tUS$505.2bUS$45.1b19.1x24.4x2.2x
Thu, 08 Sep 2022US$1.3tUS$505.3bUS$45.1b22.1x28.3x2.5x
Sat, 06 Aug 2022US$1.3tUS$502.7bUS$45.9b22.4x27.8x2.5x
Mon, 04 Jul 2022US$1.2tUS$484.3bUS$43.7b23.7x28.3x2.6x
Wed, 01 Jun 2022US$1.3tUS$484.2bUS$43.7b24.4x29.2x2.6x
Fri, 29 Apr 2022US$1.2tUS$472.2bUS$38.5b25.1x32.3x2.6x
Sun, 27 Mar 2022US$1.3tUS$472.4bUS$41.0b24x30.6x2.7x
Tue, 22 Feb 2022US$1.2tUS$468.7bUS$40.1b22x28.8x2.5x
Thu, 20 Jan 2022US$1.2tUS$443.5bUS$39.3b23.4x30.6x2.7x
Sat, 18 Dec 2021US$1.2tUS$443.4bUS$39.3b23.5x30.9x2.7x
Mon, 15 Nov 2021US$1.2tUS$442.7bUS$39.0b21.8x30x2.6x
Price to Earnings Ratio

30x


Total Market Cap: US$1.2tTotal Earnings: US$39.0bTotal Revenue: US$442.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 24.5x202220232024
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 24.5x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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 Market5.13%
Utilities-2.40%
Renewable Energy2.65%
Water Utilities-1.04%
Gas Utilities-1.57%
Other Utilities-1.58%
Electric Utilities-3.35%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 424x.
    • Analysts are expecting annual earnings growth of 21.0%, which is lower than the prior year's growth of 78.6% per year.
  • Investors are most pessimistic about the Other Utilities industry, which is trading below its 3-year average of 24.5x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 21% over the next 5 years.
  • However this is lower than its past earnings growth rate of 79% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 7.2% 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
SRE SempraUS$89.767.7%
+US$4.1b		29.0%PE19.7x
VST VistraUS$135.738.6%
+US$3.7b		292.7%PE97.8x
NRG NRG EnergyUS$96.406.6%
+US$1.2b		113.9%PE9.9x
TLN Talen EnergyUS$205.5813.4%
+US$1.2b		282.3%PE12.3x
OKLO OkloUS$26.5618.3%
+US$500.6m		158.1%PB12x
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