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U.S. Utilities Sector Analysis

UpdatedApr 23, 2025
DataAggregated Company Financials
Companies116
  • 7D0.5%
  • 3M0.1%
  • 1Y17.6%
  • YTD2.6%

Over the last 7 days, the Utilities industry has remained flat, although notably Constellation Energy declined by 3.6%. The past year has been better, since the industry has gained 18% in that time. As for the next few years, earnings are expected to grow by 9.9% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 23 Apr 2025US$1.3tUS$526.7bUS$63.6b21.1x21x2.5x
Fri, 21 Mar 2025US$1.4tUS$526.8bUS$63.1b20.7x21.8x2.6x
Sun, 16 Feb 2025US$1.4tUS$525.6bUS$62.0b20.3x22.2x2.6x
Tue, 14 Jan 2025US$1.3tUS$503.3bUS$55.8b19.4x23.5x2.6x
Thu, 12 Dec 2024US$1.4tUS$533.3bUS$61.2b20.4x22.3x2.6x
Sat, 09 Nov 2024US$1.4tUS$534.1bUS$62.6b20.6x21.8x2.6x
Mon, 07 Oct 2024US$1.4tUS$522.9bUS$60.5b19.8x23.3x2.7x
Wed, 04 Sep 2024US$1.3tUS$522.9bUS$60.5b19.7x21.9x2.5x
Fri, 02 Aug 2024US$1.3tUS$518.7bUS$59.5b20.2x21.4x2.5x
Sun, 30 Jun 2024US$1.2tUS$517.6bUS$60.4b18x19.7x2.3x
Tue, 28 May 2024US$1.2tUS$518.1bUS$60.4b18.1x20.6x2.4x
Thu, 25 Apr 2024US$1.2tUS$527.1bUS$57.8b19.1x20.1x2.2x
Sat, 23 Mar 2024US$1.1tUS$528.0bUS$57.4b18.2x19.5x2.1x
Mon, 19 Feb 2024US$1.1tUS$537.1bUS$54.3b18.1x19.8x2x
Wed, 17 Jan 2024US$1.1tUS$543.9bUS$53.5b18.9x20.8x2x
Fri, 15 Dec 2023US$1.1tUS$543.9bUS$53.5b19.4x21.4x2.1x
Sun, 12 Nov 2023US$1.0tUS$545.0bUS$53.3b18.4x19.7x1.9x
Tue, 10 Oct 2023US$1.0tUS$554.7bUS$51.7b18.7x19.9x1.9x
Thu, 07 Sep 2023US$1.1tUS$549.7bUS$50.8b19.4x21.1x2x
Sat, 05 Aug 2023US$1.1tUS$548.4bUS$48.6b20.8x23x2x
Mon, 03 Jul 2023US$1.1tUS$551.7bUS$45.7b20.3x25x2.1x
Wed, 31 May 2023US$1.1tUS$549.1bUS$46.5b19.9x24x2x
Fri, 28 Apr 2023US$1.2tUS$536.3bUS$47.2b21.7x25.3x2.2x
Sun, 26 Mar 2023US$1.1tUS$532.0bUS$45.0b20.5x25.3x2.1x
Tue, 21 Feb 2023US$1.2tUS$528.4bUS$47.1b21x25.1x2.2x
Thu, 19 Jan 2023US$1.2tUS$531.4bUS$50.1b21x24x2.3x
Sat, 17 Dec 2022US$1.2tUS$531.8bUS$45.8b20.8x26.3x2.3x
Mon, 14 Nov 2022US$1.2tUS$530.5bUS$50.4b20.1x23.4x2.2x
Wed, 12 Oct 2022US$1.1tUS$505.2bUS$45.1b19.5x24.3x2.2x
Fri, 09 Sep 2022US$1.3tUS$505.3bUS$45.1b22.7x29.1x2.6x
Sun, 07 Aug 2022US$1.3tUS$502.7bUS$45.9b22.4x27.8x2.5x
Tue, 05 Jul 2022US$1.2tUS$484.3bUS$43.7b23.7x28.3x2.6x
Thu, 02 Jun 2022US$1.3tUS$484.2bUS$43.7b24.2x29.1x2.6x
Sat, 30 Apr 2022US$1.2tUS$474.8bUS$38.9b24.5x31.4x2.6x
Price to Earnings Ratio

31.4x


Total Market Cap: US$1.2tTotal Earnings: US$38.9bTotal Revenue: US$474.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 23.3x202320242025
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 23.3x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 3.5% 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 Market-1.74%
Utilities0.46%
Water Utilities1.88%
Gas Utilities1.64%
Other Utilities0.63%
Electric Utilities0.37%
Renewable Energy-1.44%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry, which is trading close to its 3-year average PE ratio of 28.0x.
    • Analysts expect its future annual earnings growth (15.5%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 432x.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 7.5% 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
DUK Duke EnergyUS$122.531.7%
+US$1.6b
24.8%PE21.7x
SRE SempraUS$72.313.0%
+US$1.4b
1.1%PE16.7x
FE FirstEnergyUS$42.714.1%
+US$963.8m
12.0%PE25.2x
SO SouthernUS$91.860.9%
+US$921.3m
25.4%PE22.9x
AEP American Electric Power CompanyUS$108.151.4%
+US$783.2m
26.4%PE19.4x
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Latest News

PEG

US$82.00

Public Service Enterprise Group

7D

-1.8%

1Y

23.3%

SO

US$91.86

Southern

7D

0.9%

1Y

25.4%

SRE

US$72.31

Sempra

7D

3.0%

1Y

1.1%

EXC

US$47.37

Exelon

7D

1.3%

1Y

26.1%

TLN

US$197.59

Talen Energy

7D

-2.6%

1Y

108.0%

CEG

US$200.88

Constellation Energy

7D

-3.6%

1Y

6.7%

XEL

US$71.39

Xcel Energy

7D

1.6%

1Y

29.2%

DUK

US$122.53

Duke Energy

7D

1.7%

1Y

24.8%

VST

US$112.63

Vistra

7D

-2.7%

1Y

64.5%