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U.S. Utilities Sector Analysis

UpdatedJun 18, 2025
DataAggregated Company Financials
Companies117
  • 7D-0.8%
  • 3M2.2%
  • 1Y16.5%
  • YTD5.1%

The Utilities is pretty flat in the last 7 days, but Constellation Energy has stood out, gaining 5.0%. The past year has been better, since the industry has gained 17% in that time. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Jun 2025US$1.4tUS$540.2bUS$64.0b20.4x22.2x2.6x
Fri, 16 May 2025US$1.4tUS$540.1bUS$63.9b20.5x21.8x2.6x
Sun, 13 Apr 2025US$1.3tUS$526.8bUS$63.6b20.4x21.1x2.5x
Tue, 11 Mar 2025US$1.4tUS$526.8bUS$63.1b20.1x21.4x2.6x
Thu, 06 Feb 2025US$1.4tUS$527.0bUS$60.7b20.1x22.3x2.6x
Sat, 04 Jan 2025US$1.3tUS$523.4bUS$59.9b20.2x22.1x2.5x
Mon, 02 Dec 2024US$1.4tUS$533.3bUS$61.2b21.3x23.7x2.7x
Wed, 30 Oct 2024US$1.4tUS$523.6bUS$61.4b19.6x23x2.7x
Fri, 27 Sep 2024US$1.4tUS$522.9bUS$60.5b19.7x23.1x2.7x
Sun, 25 Aug 2024US$1.3tUS$522.9bUS$60.5b19.4x21.7x2.5x
Tue, 23 Jul 2024US$1.2tUS$517.6bUS$60.4b19.2x20.4x2.4x
Thu, 20 Jun 2024US$1.2tUS$517.6bUS$60.4b17.9x19.8x2.3x
Sat, 18 May 2024US$1.3tUS$518.1bUS$60.4b18.7x20.9x2.4x
Mon, 15 Apr 2024US$1.1tUS$528.1bUS$57.4b18.1x19.6x2.1x
Wed, 13 Mar 2024US$1.1tUS$526.3bUS$57.9b18x19.3x2.1x
Fri, 09 Feb 2024US$1.1tUS$539.4bUS$54.2b17.5x19.6x2x
Sun, 07 Jan 2024US$1.1tUS$543.9bUS$53.5b19.6x21.2x2.1x
Tue, 05 Dec 2023US$1.1tUS$543.9bUS$53.5b19x20.6x2x
Thu, 02 Nov 2023US$1.0tUS$553.0bUS$51.2b19.1x20.3x1.9x
Sat, 30 Sep 2023US$1.0tUS$554.7bUS$51.7b18.7x19.8x1.8x
Mon, 28 Aug 2023US$1.1tUS$549.7bUS$50.8b19.9x21.7x2x
Wed, 26 Jul 2023US$1.2tUS$553.8bUS$47.0b21.5x25.4x2.2x
Fri, 23 Jun 2023US$1.2tUS$551.9bUS$45.7b20.4x25.4x2.1x
Sun, 21 May 2023US$1.1tUS$549.1bUS$46.5b20.3x24.6x2.1x
Tue, 18 Apr 2023US$1.2tUS$531.9bUS$45.0b21.5x26.7x2.3x
Thu, 16 Mar 2023US$1.2tUS$532.0bUS$45.0b20.8x25.7x2.2x
Sat, 11 Feb 2023US$1.2tUS$537.9bUS$49.1b20.9x23.8x2.2x
Mon, 09 Jan 2023US$1.2tUS$531.4bUS$50.1b21.5x24.4x2.3x
Wed, 07 Dec 2022US$1.2tUS$531.7bUS$45.9b21.3x26.6x2.3x
Fri, 04 Nov 2022US$1.1tUS$514.8bUS$50.5b19.9x22.7x2.2x
Sun, 02 Oct 2022US$1.2tUS$505.2bUS$45.1b19.4x26x2.3x
Tue, 30 Aug 2022US$1.3tUS$505.3bUS$45.1b22.6x28.8x2.6x
Thu, 28 Jul 2022US$1.2tUS$486.1bUS$45.3b22.6x26.9x2.5x
Sat, 25 Jun 2022US$1.2tUS$484.3bUS$43.7b22.5x26.7x2.4x
Price to Earnings Ratio

26.7x


Total Market Cap: US$1.2tTotal Earnings: US$43.7bTotal Revenue: US$484.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 22.9x202320242025
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 22.9x.
  • 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 14% per year over the last three years.
  • Revenues for these companies have grown 3.7% 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-0.99%
Utilities-0.80%
Renewable Energy0.66%
Gas Utilities-0.38%
Electric Utilities-0.73%
Water Utilities-1.38%
Other Utilities-1.43%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 312x.
    • Analysts are expecting annual earnings growth of 16.5%, which is lower than the prior year's growth of 33.9% per year.
  • Investors are most pessimistic about the Other Utilities industry, which is trading close to its 3-year average of 22.0x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 17% over the next 5 years.
  • However this is lower than its past earnings growth rate of 34% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 8.0% 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
CEG Constellation EnergyUS$305.705.0%
+US$4.6b		38.7%PE32.1x
VST VistraUS$177.758.0%
+US$4.4b		103.0%PE27x
OKLO OkloUS$62.7719.5%
+US$1.4b		534.7%PB32.5x
TLN Talen EnergyUS$285.8812.1%
+US$1.4b		145.0%PE22.9x
PEG Public Service Enterprise GroupUS$81.042.0%
+US$803.4m		10.6%PE22.1x
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