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U.S. Utilities Sector Analysis

UpdatedAug 03, 2026
DataAggregated Company Financials
Companies117
  • 7D-3.2%
  • 3M-4.5%
  • 1Y1.8%
  • YTD1.4%

Over the last 7 days, the Utilities industry has dropped 4.1%, driven by pullbacks in NextEra Energy and Vistra of 3.2% and 9.3%, respectively. This takes the industry's 12 month performance to a gain of 3.1%. As for the next few years, earnings are expected to grow by 10% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Aug 2026US$1.6tUS$591.2bUS$70.3b21.5x22.9x2.7x
Wed, 01 Jul 2026US$1.7tUS$587.1bUS$69.1b21.7x24.1x2.8x
Fri, 29 May 2026US$1.6tUS$597.7bUS$70.2b21.2x23.5x2.8x
Sun, 26 Apr 2026US$1.7tUS$569.3bUS$69.1b21.8x24.2x2.9x
Tue, 24 Mar 2026US$1.6tUS$567.9bUS$67.5b21x23.7x2.8x
Thu, 19 Feb 2026US$1.7tUS$563.7bUS$68.1b21.3x24.5x3x
Sat, 17 Jan 2026US$1.6tUS$556.5bUS$68.6b20.5x23x2.8x
Mon, 15 Dec 2025US$1.5tUS$558.0bUS$68.7b19.5x22.2x2.7x
Wed, 12 Nov 2025US$1.6tUS$559.5bUS$68.0b20.4x23.5x2.9x
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
Price to Earnings Ratio

23.6x


Total Market Cap: US$1.1tTotal Earnings: US$47.7bTotal Revenue: US$547.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 22.2x202420252026
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 22.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 2.6% 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 Market0.85%
Utilities-3.17%
Water Utilities-0.29%
Gas Utilities-2.09%
Other Utilities-3.11%
Electric Utilities-3.16%
Renewable Energy-5.47%
Industry PE
  • Investors are most optimistic about the Water Utilities industry, which is trading close to its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 9.4%, which is higher than its past year's earnings growth of 8.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 8.3% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings grow by 4.9% 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
AWK American Water Works CompanyUS$134.17-0.4%
US$367.0m		-7.9%PE23.6x
BIPC Brookfield InfrastructureUS$42.301.8%
+US$91.0m		10.1%PS1.4x
WTRG Essential UtilitiesUS$39.850.6%
+US$68.1m		4.4%PE20.3x
CWT California Water Service GroupUS$50.11-1.2%
US$63.0m		7.8%PE23.3x
IDA IDACORPUS$142.91-3.8%
US$34.2m		14.9%PE24.4x

Latest News

ETR
US$107.62
Entergy
7D
-7.2%
1Y
20.0%
SO
US$94.54
Southern
7D
-2.8%
1Y
-0.5%
CWT
US$50.11
California Water Service Group
7D
-1.2%
1Y
7.8%
AWK
US$134.17
American Water Works Company
7D
-0.4%
1Y
-7.9%
IDA
US$142.91
IDACORP
7D
-3.8%
1Y
14.9%
BIPC
US$42.30
Brookfield Infrastructure
7D
1.8%
1Y
10.1%
MSEX
US$57.30
Middlesex Water
7D
2.0%
1Y
9.4%
AEP
US$127.85
American Electric Power Company
7D
-5.7%
1Y
12.6%
NEE
US$86.92
NextEra Energy
7D
-3.2%
1Y
23.5%
SRE
US$88.55
Sempra
7D
-4.8%
1Y
9.4%
CEG
US$262.75
Constellation Energy
7D
-4.2%
1Y
-22.9%
Narrative Update • Jul 28

CEG: Long Dated Nuclear And PJM Capacity Will Power AI Demand

Constellation Energy's analyst fair value estimate has edged down from about $360.24 to $352.91 as analysts trim price targets by roughly $8 to $51 across firms. This largely reflects updated power price forward curves and refreshed sector models while still citing solid capacity revenues and the company's role in ongoing energy market restructuring.
VST
US$148.19
Vistra
7D
-9.3%
1Y
-28.8%
Seeking Alpha • Jul 27

Vistra Corp.'s Strategic Edge: Capitalizing On Rising Energy Demand

Summary Vistra Corp. reported record Q1 earnings back in May, reaffirmed 2026 guidance, and sees strong demand growth driven by data centers and hyperscalers. Q2 results will probably set a new record for the quarter. VST's capital allocation prioritizes share repurchases, supported by a $3B buyback/dividend plan and a 10b5-1 repurchase program. Assuming the 2027 EBITDA midpoint and a conservative 12x multiple, VST's fair value is estimated at $200–$222 per share. Read the full article on Seeking Alpha
DUK
US$125.43
Duke Energy
7D
-3.9%
1Y
2.1%
WTRG
US$39.85
Essential Utilities
7D
0.6%
1Y
4.4%
RNW
US$6.22
ReNew Energy Global
7D
1.1%
1Y
-18.2%
Narrative Update • Jun 22

RNW: Earnings Momentum And Improving Fundamentals Will Drive Future Upside

Analysts have raised their price target for ReNew Energy Global to $8.56 from $8.46, citing updated assumptions for fair value, revenue growth, profit margins and future P/E. What's in the News for ReNew Energy Global Analysts have moved ReNew Energy Global to higher Zacks ranks, recently assigning it a Rank #1 (Strong Buy) and #2 (Buy), based on a consistent upward trend in earnings estimates over the last 60 days.
ELLO
US$19.60
Ellomay Capital
7D
1.2%
1Y
8.6%