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U.S. Utilities Sector Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies117
- 7D-3.2%
- 3M-6.0%
- 1Y18.5%
- YTD15.5%
Over the last 7 days, the Utilities industry has dropped 3.2%, driven by NextEra Energy declining 4.7%. In the past year, the industry has gained 18%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | US$1.3t | US$532.1b | US$61.1b | 19.5x | 21.3x | 2.5x |
| Mon, 18 Nov 2024 | US$1.4t | US$533.4b | US$61.6b | 20.5x | 22.5x | 2.6x |
| Wed, 16 Oct 2024 | US$1.4t | US$522.9b | US$60.5b | 20x | 23.2x | 2.7x |
| Fri, 13 Sep 2024 | US$1.3t | US$522.9b | US$60.5b | 19.7x | 22.1x | 2.6x |
| Sun, 11 Aug 2024 | US$1.3t | US$522.9b | US$60.7b | 19.4x | 21.2x | 2.5x |
| Tue, 09 Jul 2024 | US$1.2t | US$517.6b | US$60.4b | 17.9x | 19.8x | 2.3x |
| Thu, 06 Jun 2024 | US$1.2t | US$518.1b | US$60.4b | 18.1x | 20.6x | 2.4x |
| Sat, 04 May 2024 | US$1.2t | US$524.8b | US$58.2b | 18.8x | 20.4x | 2.3x |
| Mon, 01 Apr 2024 | US$1.2t | US$561.5b | US$56.9b | 18.5x | 20.9x | 2.1x |
| Wed, 28 Feb 2024 | US$1.1t | US$532.1b | US$55.9b | 17.6x | 19x | 2x |
| Fri, 26 Jan 2024 | US$1.1t | US$544.0b | US$53.2b | 18.2x | 19.9x | 1.9x |
| Sun, 24 Dec 2023 | US$1.1t | US$543.9b | US$53.5b | 19.2x | 20.7x | 2x |
| Tue, 21 Nov 2023 | US$1.1t | US$544.3b | US$53.4b | 18.8x | 20.3x | 2x |
| Thu, 19 Oct 2023 | US$1.0t | US$549.7b | US$50.8b | 18.9x | 20.2x | 1.9x |
| Sat, 16 Sep 2023 | US$1.1t | US$549.8b | US$50.8b | 20.3x | 21.9x | 2x |
| Mon, 14 Aug 2023 | US$1.1t | US$549.3b | US$49.6b | 20.9x | 22.7x | 2.1x |
| Wed, 12 Jul 2023 | US$1.1t | US$551.7b | US$45.7b | 20.5x | 25.1x | 2.1x |
| Fri, 09 Jun 2023 | US$1.2t | US$549.4b | US$46.6b | 20.5x | 24.8x | 2.1x |
| Sun, 07 May 2023 | US$1.2t | US$546.9b | US$45.5b | 20.9x | 26.2x | 2.2x |
| Tue, 04 Apr 2023 | US$1.2t | US$532.0b | US$45.1b | 20.8x | 25.9x | 2.2x |
| Thu, 02 Mar 2023 | US$1.1t | US$532.0b | US$45.2b | 19.8x | 24.5x | 2.1x |
| Sat, 28 Jan 2023 | US$1.2t | US$533.3b | US$50.5b | 21.2x | 23.6x | 2.2x |
| Mon, 26 Dec 2022 | US$1.2t | US$531.4b | US$50.1b | 21.2x | 24.4x | 2.3x |
| Wed, 23 Nov 2022 | US$1.2t | US$531.3b | US$50.1b | 21.3x | 24x | 2.3x |
| Fri, 21 Oct 2022 | US$1.1t | US$505.2b | US$45.1b | 18.8x | 23.8x | 2.1x |
| Sun, 18 Sep 2022 | US$1.3t | US$505.2b | US$45.1b | 22x | 29.4x | 2.6x |
| Tue, 16 Aug 2022 | US$1.3t | US$505.2b | US$45.1b | 24.1x | 29.2x | 2.6x |
| Thu, 14 Jul 2022 | US$1.2t | US$484.2b | US$43.7b | 22.8x | 27.4x | 2.5x |
| Sat, 11 Jun 2022 | US$1.2t | US$484.2b | US$43.7b | 23.2x | 28.1x | 2.5x |
| Mon, 09 May 2022 | US$1.2t | US$481.9b | US$42.9b | 23.7x | 29x | 2.6x |
| Wed, 06 Apr 2022 | US$1.3t | US$472.6b | US$40.6b | 24.9x | 31.8x | 2.7x |
| Fri, 04 Mar 2022 | US$1.2t | US$480.0b | US$41.5b | 22.7x | 29x | 2.5x |
| Sun, 30 Jan 2022 | US$1.2t | US$463.0b | US$40.3b | 23.4x | 29.5x | 2.6x |
| Tue, 28 Dec 2021 | US$1.2t | US$443.4b | US$39.3b | 23x | 31.2x | 2.8x |
Price to Earnings Ratio
31.2x
Current Industry PE
- Investors are pessimistic on the American Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 21.3x which is lower than its 3-year average PE of 24.2x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 6.3% 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 | -3.53% | |
| Utilities | -3.20% | |
| Other Utilities | -2.48% | |
| Electric Utilities | -2.98% | |
| Gas Utilities | -4.27% | |
| Water Utilities | -5.63% | |
| Renewable Energy | -6.02% | |
Industry PE
- Investors are most optimistic about the Gas Utilities industry, which is trading close to its 3-year average PE ratio of 26.6x.
- Analysts are expecting annual earnings growth of 10.8%, which is higher than its past year's earnings growth of 4.1% per year.
- Investors are most pessimistic about the Other Utilities industry, which is trading below its 3-year average of 24.1x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 27% per year.
- In contrast, the Water Utilities industry is expected to see its earnings grow by 7.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EXC Exelon | US$37.19 | 1.0% +US$361.7m | 6.0% | PE15.4x | |
| OKLO Oklo | US$20.96 | 14.1% +US$316.2m | 97.0% | PB9.7x | |
| ETR Entergy | US$74.49 | 0.5% +US$152.2m | 49.4% | PE18.2x | |
| NWE NorthWestern Energy Group | US$52.50 | 3.1% +US$96.3m | 2.6% | PE14.2x | |
| AGR Avangrid | US$35.73 | 0.5% +US$65.8m | 10.2% | PE12.3x |
