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U.S. Utilities Sector Analysis

UpdatedApr 22, 2025
DataAggregated Company Financials
Companies116
  • 7D-2.2%
  • 3M-5.0%
  • 1Y15.2%
  • YTD-0.4%

Over the last 7 days, the Utilities industry has dropped 2.2%, driven by NextEra Energy declining 4.4%. Over the past 12 months, the industry was up 15%. Looking forward, earnings are forecast to grow by 9.9% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Apr 2025US$1.4tUS$526.7bUS$63.6b20.5x21.5x2.6x
Thu, 20 Mar 2025US$1.4tUS$526.8bUS$63.1b20.8x21.8x2.6x
Sat, 15 Feb 2025US$1.4tUS$525.6bUS$62.0b20.3x22.4x2.6x
Mon, 13 Jan 2025US$1.3tUS$503.3bUS$55.8b19.3x23.5x2.6x
Wed, 11 Dec 2024US$1.4tUS$533.3bUS$61.2b20.5x22.5x2.6x
Fri, 08 Nov 2024US$1.4tUS$531.1bUS$61.2b19.7x22.3x2.6x
Sun, 06 Oct 2024US$1.4tUS$522.9bUS$60.5b19.8x23.3x2.7x
Tue, 03 Sep 2024US$1.3tUS$522.9bUS$60.5b19.5x21.9x2.5x
Thu, 01 Aug 2024US$1.3tUS$519.1bUS$59.4b19.6x21.5x2.5x
Sat, 29 Jun 2024US$1.2tUS$517.6bUS$60.4b18x19.9x2.3x
Mon, 27 May 2024US$1.2tUS$518.1bUS$60.4b18.1x20.6x2.4x
Wed, 24 Apr 2024US$1.2tUS$528.1bUS$57.4b18.9x20.2x2.2x
Fri, 22 Mar 2024US$1.1tUS$528.0bUS$57.4b18.5x19.5x2.1x
Sun, 18 Feb 2024US$1.1tUS$537.1bUS$54.3b18.1x19.8x2x
Tue, 16 Jan 2024US$1.1tUS$543.9bUS$53.5b19x20.8x2x
Thu, 14 Dec 2023US$1.1tUS$543.9bUS$53.5b19.7x20.6x2x
Sat, 11 Nov 2023US$1.0tUS$545.0bUS$53.3b18.4x19.6x1.9x
Mon, 09 Oct 2023US$1.0tUS$554.7bUS$51.7b18.7x19.7x1.8x
Wed, 06 Sep 2023US$1.1tUS$549.7bUS$50.8b19.3x21.1x1.9x
Fri, 04 Aug 2023US$1.1tUS$548.7bUS$47.5b21.3x23.8x2.1x
Sun, 02 Jul 2023US$1.1tUS$551.7bUS$45.7b20.3x25x2.1x
Tue, 30 May 2023US$1.1tUS$549.1bUS$46.5b19.9x24.1x2x
Thu, 27 Apr 2023US$1.2tUS$532.3bUS$44.8b21.6x26.4x2.2x
Sat, 25 Mar 2023US$1.1tUS$532.0bUS$45.0b20.5x25.3x2.1x
Mon, 20 Feb 2023US$1.2tUS$527.6bUS$47.2b21x25.1x2.2x
Wed, 18 Jan 2023US$1.2tUS$531.4bUS$50.1b21.6x24.5x2.3x
Fri, 16 Dec 2022US$1.2tUS$531.8bUS$45.8b21.2x26.7x2.3x
Sun, 13 Nov 2022US$1.2tUS$529.4bUS$50.4b20.1x23.4x2.2x
Tue, 11 Oct 2022US$1.1tUS$505.2bUS$45.1b19.1x24.4x2.2x
Thu, 08 Sep 2022US$1.3tUS$505.3bUS$45.1b22.1x28.3x2.5x
Sat, 06 Aug 2022US$1.3tUS$502.7bUS$45.9b22.4x27.8x2.5x
Mon, 04 Jul 2022US$1.2tUS$484.3bUS$43.7b23.7x28.3x2.6x
Wed, 01 Jun 2022US$1.3tUS$484.2bUS$43.7b24.4x29.2x2.6x
Fri, 29 Apr 2022US$1.2tUS$472.2bUS$38.5b25.1x32.3x2.6x
Price to Earnings Ratio

32.3x


Total Market Cap: US$1.2tTotal Earnings: US$38.5bTotal Revenue: US$472.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 23.3x202320242025
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 23.3x.
  • 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 18% 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-4.39%
Utilities-2.16%
Gas Utilities0.41%
Water Utilities-0.72%
Other Utilities-1.92%
Electric Utilities-2.36%
Renewable Energy-4.34%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry, which is trading close to its 3-year average PE ratio of 27.9x.
    • Analysts expect its future annual earnings growth (15.5%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 432x.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 7.5% 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$70.461.0%
+US$475.9m		-0.9%PE16.3x
FE FirstEnergyUS$41.801.7%
+US$392.4m		9.4%PE24.7x
ATO Atmos EnergyUS$156.541.0%
+US$247.6m		32.6%PE22.9x
UGI UGIUS$32.411.3%
+US$90.2m		27.2%PE12.7x
NWE NorthWestern Energy GroupUS$58.061.5%
+US$54.0m		15.2%PE15.9x
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Latest News

SO

US$90.23

Southern

7D

-1.0%

1Y

23.6%

ATO

US$156.54

Atmos Energy

7D

1.0%

1Y

32.6%

Here's Why We Think Atmos Energy (NYSE:ATO) Is Well Worth Watching

Apr 22
Here's Why We Think Atmos Energy (NYSE:ATO) Is Well Worth Watching

SRE

US$70.46

Sempra

7D

1.0%

1Y

-0.9%

NJR

US$49.17

New Jersey Resources

7D

1.0%

1Y

13.0%

PEG

US$80.25

Public Service Enterprise Group

7D

-4.1%

1Y

20.3%

Public Service Enterprise Group: Hard To Make A Case For The Stock At The Current Price

Apr 21

UGI

US$32.41

UGI

7D

1.3%

1Y

27.2%

UGI: This Dividend Aristocrat Is Outperforming And Undervalued

Apr 18

NEE

US$64.68

NextEra Energy

7D

-4.4%

1Y

-1.0%

A Look At The Fair Value Of NextEra Energy, Inc. (NYSE:NEE)

Apr 18
A Look At The Fair Value Of NextEra Energy, Inc. (NYSE:NEE)

CEG

US$192.61

Constellation Energy

7D

-6.8%

1Y

5.1%

NWN

US$43.16

Northwest Natural Holding

7D

2.7%

1Y

13.6%

Northwest Natural: Rock Solid Dividend At A Bargain Price

Apr 14

ETR

US$80.51

Entergy

7D

-2.5%

1Y

49.9%

XEL

US$68.97

Xcel Energy

7D

-2.5%

1Y

25.5%

D

US$52.06

Dominion Energy

7D

-3.8%

1Y

2.8%

Dominion Energy: A Bet On Growing Energy Needs

Apr 09

VST

US$106.52

Vistra

7D

-5.5%

1Y

59.7%

FE

US$41.80

FirstEnergy

7D

1.7%

1Y

9.4%

FirstEnergy (NYSE:FE) Has Announced That It Will Be Increasing Its Dividend To $0.445

Apr 06
FirstEnergy (NYSE:FE) Has Announced That It Will Be Increasing Its Dividend To $0.445

NWE

US$58.06

NorthWestern Energy Group

7D

1.5%

1Y

15.2%

RNW

US$6.20

ReNew Energy Global

7D

2.3%

1Y

9.5%