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U.S. Utilities Sector Analysis

UpdatedSep 03, 2025
DataAggregated Company Financials
Companies118
  • 7D-1.4%
  • 3M4.2%
  • 1Y11.2%
  • YTD10.3%

Over the last 7 days, the Utilities industry has dropped 1.4%, driven by a pullback from NextEra Energy of 2.9%. In the past year, the industry has gained 11%. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Sep 2025US$1.5tUS$549.2bUS$63.7b20.3x23.4x2.7x
Fri, 01 Aug 2025US$1.5tUS$543.4bUS$65.7b21.4x22.9x2.8x
Sun, 29 Jun 2025US$1.4tUS$540.3bUS$64.0b20.2x22.4x2.7x
Tue, 27 May 2025US$1.4tUS$540.1bUS$64.0b20.8x22.2x2.6x
Thu, 24 Apr 2025US$1.4tUS$527.2bUS$62.1b21.1x22.1x2.6x
Sat, 22 Mar 2025US$1.4tUS$526.8bUS$63.1b20.6x21.9x2.6x
Mon, 17 Feb 2025US$1.4tUS$525.6bUS$62.0b20.3x22.2x2.6x
Wed, 15 Jan 2025US$1.3tUS$528.1bUS$58.6b19.3x22.5x2.5x
Fri, 13 Dec 2024US$1.4tUS$533.3bUS$61.2b20.3x22.2x2.5x
Sun, 10 Nov 2024US$1.4tUS$533.4bUS$61.3b20.6x22.6x2.6x
Tue, 08 Oct 2024US$1.4tUS$522.9bUS$60.5b19.4x23.3x2.7x
Thu, 05 Sep 2024US$1.3tUS$522.9bUS$60.5b19.7x21.8x2.5x
Sat, 03 Aug 2024US$1.3tUS$521.8bUS$60.6b19.7x21.4x2.5x
Mon, 01 Jul 2024US$1.2tUS$517.6bUS$60.4b18x19.7x2.3x
Wed, 29 May 2024US$1.2tUS$518.1bUS$60.4b17.9x20.6x2.4x
Fri, 26 Apr 2024US$1.2tUS$525.6bUS$57.8b18.8x20.2x2.2x
Sun, 24 Mar 2024US$1.1tUS$528.0bUS$57.4b18.2x19.5x2.1x
Tue, 20 Feb 2024US$1.1tUS$537.1bUS$54.3b18.1x19.8x2x
Thu, 18 Jan 2024US$1.1tUS$543.9bUS$53.5b18.6x20.3x2x
Sat, 16 Dec 2023US$1.1tUS$543.9bUS$53.5b19.2x20.9x2.1x
Mon, 13 Nov 2023US$1.0tUS$545.0bUS$53.3b18.4x19.7x1.9x
Wed, 11 Oct 2023US$1.0tUS$554.7bUS$51.7b18.9x20.1x1.9x
Fri, 08 Sep 2023US$1.1tUS$549.7bUS$50.8b19.6x21.3x2x
Sun, 06 Aug 2023US$1.1tUS$548.4bUS$48.6b20.8x23x2x
Tue, 04 Jul 2023US$1.1tUS$551.7bUS$45.7b20.4x25.1x2.1x
Thu, 01 Jun 2023US$1.1tUS$549.1bUS$46.5b20.1x24.1x2x
Sat, 29 Apr 2023US$1.2tUS$536.1bUS$47.0b21.5x25.4x2.2x
Mon, 27 Mar 2023US$1.1tUS$532.0bUS$45.0b20.5x25.3x2.1x
Wed, 22 Feb 2023US$1.2tUS$528.4bUS$47.5b20.8x24.5x2.2x
Fri, 20 Jan 2023US$1.2tUS$531.4bUS$50.1b20.8x23.7x2.2x
Sun, 18 Dec 2022US$1.2tUS$531.8bUS$45.8b20.8x26.3x2.3x
Tue, 15 Nov 2022US$1.2tUS$530.5bUS$50.4b20.1x23.1x2.2x
Thu, 13 Oct 2022US$1.1tUS$505.2bUS$45.1b18.8x23.5x2.1x
Sat, 10 Sep 2022US$1.3tUS$505.3bUS$45.1b22.8x29.2x2.6x
Price to Earnings Ratio

29.2x


Total Market Cap: US$1.3tTotal Earnings: US$45.1bTotal Revenue: US$505.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 22.6x202320242025
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 22.6x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 2.8% 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-0.67%
Utilities-1.44%
Gas Utilities-0.16%
Other Utilities-0.82%
Water Utilities-1.47%
Electric Utilities-1.55%
Renewable Energy-3.21%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 279x.
    • Analysts are expecting annual earnings growth of 26.5%, which is higher than its past year's earnings decline of 0.5% per year.
  • Investors are most pessimistic about the Other Utilities industry, which is trading close to its 3-year average of 21.1x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 0.5% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 8.2% 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$82.891.4%
+US$724.2m		0.3%PE20.3x
PCG PG&EUS$15.321.8%
+US$593.4m		-23.2%PE14.3x
EIX Edison InternationalUS$55.791.6%
+US$334.8m		-36.1%PE8.2x
CNP CenterPoint EnergyUS$37.940.6%
+US$156.7m		38.0%PE26.5x
SWX Southwest Gas HoldingsUS$78.881.8%
+US$98.6m		9.8%PE29.3x

Latest News

PCG
US$15.32
PG&E
7D
1.8%
1Y
-23.2%

PG&E (NYSE:PCG) Use Of Debt Could Be Considered Risky

Sep 02
PG&E (NYSE:PCG) Use Of Debt Could Be Considered Risky
SWX
US$78.88
Southwest Gas Holdings
7D
1.8%
1Y
9.8%
ETR
US$87.41
Entergy
7D
-2.4%
1Y
43.1%

Entergy Corporation (NYSE:ETR) Shares Could Be 24% Above Their Intrinsic Value Estimate

Aug 31
Entergy Corporation (NYSE:ETR) Shares Could Be 24% Above Their Intrinsic Value Estimate
EIX
US$55.79
Edison International
7D
1.6%
1Y
-36.1%
OGS
US$76.14
ONE Gas
7D
1.1%
1Y
9.5%

Here's What To Make Of ONE Gas' (NYSE:OGS) Decelerating Rates Of Return

Aug 22
Here's What To Make Of ONE Gas' (NYSE:OGS) Decelerating Rates Of Return
NEE
US$72.65
NextEra Energy
7D
-2.9%
1Y
-9.1%
DUK
US$121.89
Duke Energy
7D
-1.1%
1Y
5.3%
CNP
US$37.94
CenterPoint Energy
7D
0.6%
1Y
38.0%
NJR
US$47.24
New Jersey Resources
7D
1.2%
1Y
2.0%

Impressive Earnings May Not Tell The Whole Story For New Jersey Resources (NYSE:NJR)

Aug 13
Impressive Earnings May Not Tell The Whole Story For New Jersey Resources (NYSE:NJR)
SO
US$92.09
Southern
7D
-1.1%
1Y
3.6%
VST
US$185.81
Vistra
7D
-4.8%
1Y
145.3%

Increasing AI And Data Center Demand Will Energize Grid Flexibility

The consensus analyst price target for Vistra has increased to $207.22, primarily reflecting an improved net profit margin, despite a slight reduction in revenue growth forecasts. What's in the News Vistra completed the repurchase of 1,705,797 shares for $273.13 million, totaling 163,499,236 shares (39.89% of shares outstanding) bought back for $5,350 million under its ongoing buyback program.
CEG
US$307.19
Constellation Energy
7D
-3.0%
1Y
72.8%
SRE
US$82.89
Sempra
7D
1.4%
1Y
0.3%
AES
US$13.41
AES
7D
0.5%
1Y
-19.9%
AEP
US$110.09
American Electric Power Company
7D
-2.3%
1Y
8.4%

Earnings Beat: American Electric Power Company, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 02
Earnings Beat: American Electric Power Company, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
EXC
US$43.37
Exelon
7D
-2.4%
1Y
12.7%