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U.S. Utilities Sector Analysis

UpdatedJun 30, 2026
DataAggregated Company Financials
Companies116
  • 7D2.3%
  • 3M0.3%
  • 1Y12.2%
  • YTD5.3%

In the last week, the Utilities industry is up 3.3%, with NextEra Energy leading the way with a 2.9% gain. This means that the industry has gained 13% over the past year. 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
Tue, 30 Jun 2026US$1.7tUS$587.1bUS$69.1b22.1x24.3x2.9x
Thu, 28 May 2026US$1.7tUS$597.7bUS$70.2b21.4x23.6x2.8x
Sat, 25 Apr 2026US$1.7tUS$569.3bUS$69.1b21.8x24.3x2.9x
Mon, 23 Mar 2026US$1.6tUS$567.9bUS$67.5b20.7x23.7x2.8x
Wed, 18 Feb 2026US$1.7tUS$563.7bUS$68.1b21.5x24.5x3x
Fri, 16 Jan 2026US$1.6tUS$556.5bUS$68.6b20.4x22.8x2.8x
Sun, 14 Dec 2025US$1.5tUS$558.0bUS$68.7b19.5x22.2x2.7x
Tue, 11 Nov 2025US$1.6tUS$559.3bUS$68.0b20.1x23.6x2.9x
Thu, 09 Oct 2025US$1.6tUS$549.9bUS$63.6b21.3x25.3x2.9x
Sat, 06 Sep 2025US$1.5tUS$549.2bUS$63.7b20.4x23.2x2.7x
Mon, 04 Aug 2025US$1.5tUS$545.9bUS$63.5b20.8x23.8x2.8x
Wed, 02 Jul 2025US$1.4tUS$540.3bUS$64.0b20.4x22.4x2.7x
Fri, 30 May 2025US$1.4tUS$540.1bUS$64.0b20.7x22.1x2.6x
Sun, 27 Apr 2025US$1.4tUS$528.6bUS$62.1b20.9x22.2x2.6x
Tue, 25 Mar 2025US$1.4tUS$526.8bUS$63.1b20.8x21.8x2.6x
Thu, 20 Feb 2025US$1.4tUS$525.1bUS$62.8b20.8x21.9x2.6x
Sat, 18 Jan 2025US$1.4tUS$528.1bUS$58.6b19.9x23.4x2.6x
Mon, 16 Dec 2024US$1.4tUS$532.1bUS$61.1b20.1x22.2x2.5x
Wed, 13 Nov 2024US$1.4tUS$533.4bUS$61.3b20.4x22.7x2.6x
Fri, 11 Oct 2024US$1.4tUS$522.9bUS$60.5b19.2x22.6x2.6x
Sun, 08 Sep 2024US$1.3tUS$522.9bUS$60.5b19.4x21.8x2.5x
Tue, 06 Aug 2024US$1.3tUS$521.9bUS$60.6b19.4x21.4x2.5x
Thu, 04 Jul 2024US$1.2tUS$517.6bUS$60.4b17.9x19.8x2.3x
Sat, 01 Jun 2024US$1.2tUS$518.1bUS$60.4b18.3x20.5x2.4x
Mon, 29 Apr 2024US$1.2tUS$525.9bUS$57.8b18.5x20x2.2x
Wed, 27 Mar 2024US$1.1tUS$528.0bUS$57.4b18.1x19.6x2.1x
Fri, 23 Feb 2024US$1.1tUS$536.6bUS$54.3b17.5x20x2x
Sun, 21 Jan 2024US$1.1tUS$543.9bUS$53.5b18.1x20.1x2x
Tue, 19 Dec 2023US$1.1tUS$543.9bUS$53.5b19x20.9x2.1x
Thu, 16 Nov 2023US$1.1tUS$545.0bUS$53.4b18.8x20.2x2x
Sat, 14 Oct 2023US$1.0tUS$554.7bUS$51.7b19x20.3x1.9x
Mon, 11 Sep 2023US$1.1tUS$549.8bUS$50.8b19.9x21.5x2x
Wed, 09 Aug 2023US$1.1tUS$547.7bUS$47.7b21x23.5x2x
Fri, 07 Jul 2023US$1.1tUS$551.7bUS$45.7b20.5x25.1x2.1x
Price to Earnings Ratio

25.1x


Total Market Cap: US$1.1tTotal Earnings: US$45.7bTotal Revenue: US$551.7bTotal 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 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 2.1% 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 Market0.31%
Utilities2.33%
Water Utilities5.78%
Other Utilities3.29%
Gas Utilities2.90%
Electric Utilities2.62%
Renewable Energy-4.37%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 20.2x.
    • Analysts are expecting annual earnings growth of 12.2%, which is higher than its past year's earnings growth of 10.2% 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 Gas Utilities industry is expected to see its earnings grow by 9.8% 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
NEE NextEra EnergyUS$88.663.0%
+US$5.4b		27.7%PE22.6x
AEP American Electric Power CompanyUS$137.975.9%
+US$4.2b		33.0%PE20.5x
DUK Duke EnergyUS$128.333.9%
+US$3.7b		8.8%PE19.8x
SO SouthernUS$96.753.6%
+US$3.7b		5.4%PE25x
NRG NRG EnergyUS$149.117.3%
+US$2.2b		-7.1%PE182.9x

Latest News

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