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U.S. Utilities Sector Analysis

UpdatedDec 27, 2024
DataAggregated Company Financials
Companies117
  • 7D2.2%
  • 3M-4.9%
  • 1Y19.5%
  • YTD18.3%

Over the last 7 days, the Utilities industry has risen 2.2%, driven by gains from NextEra Energy of 3.7%. This takes the industry's 12 month performance to a gain of 20%. Looking forward, earnings are forecast to grow by 10% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Dec 2024US$1.3tUS$523.4bUS$60.0b20.1x22.1x2.5x
Sun, 24 Nov 2024US$1.4tUS$533.3bUS$61.6b21.5x23.1x2.7x
Tue, 22 Oct 2024US$1.4tUS$522.9bUS$60.5b19.9x23.6x2.7x
Thu, 19 Sep 2024US$1.4tUS$522.9bUS$60.5b20x22.6x2.6x
Sat, 17 Aug 2024US$1.3tUS$522.9bUS$60.6b19.4x21.4x2.5x
Mon, 15 Jul 2024US$1.2tUS$517.6bUS$60.4b18.9x20.6x2.4x
Wed, 12 Jun 2024US$1.2tUS$518.0bUS$60.4b18x20.3x2.4x
Fri, 10 May 2024US$1.2tUS$518.6bUS$60.2b18.8x20.4x2.4x
Sun, 07 Apr 2024US$1.2tUS$561.5bUS$56.9b18.4x20.7x2.1x
Tue, 05 Mar 2024US$1.1tUS$528.4bUS$57.9b17.7x18.9x2.1x
Thu, 01 Feb 2024US$1.1tUS$544.0bUS$53.2b18.2x20.4x2x
Sat, 30 Dec 2023US$1.1tUS$543.9bUS$53.5b19.4x20.9x2.1x
Mon, 27 Nov 2023US$1.1tUS$543.9bUS$53.5b18.8x20.3x2x
Wed, 25 Oct 2023US$1.0tUS$549.7bUS$50.8b18.5x19.7x1.8x
Fri, 22 Sep 2023US$1.1tUS$549.8bUS$50.8b19.8x21.7x2x
Sun, 20 Aug 2023US$1.1tUS$549.3bUS$49.6b20.1x22.2x2x
Tue, 18 Jul 2023US$1.2tUS$551.7bUS$45.7b20.9x25.4x2.1x
Thu, 15 Jun 2023US$1.1tUS$551.3bUS$46.4b20.4x24.7x2.1x
Sat, 13 May 2023US$1.2tUS$549.0bUS$46.6b21.1x25.6x2.2x
Mon, 10 Apr 2023US$1.2tUS$531.9bUS$45.0b21.7x26.9x2.3x
Wed, 08 Mar 2023US$1.1tUS$532.0bUS$45.0b19.9x25.2x2.1x
Fri, 03 Feb 2023US$1.2tUS$533.5bUS$50.6b21.7x23.8x2.3x
Sun, 01 Jan 2023US$1.2tUS$531.4bUS$50.1b21x24.5x2.3x
Tue, 29 Nov 2022US$1.2tUS$531.3bUS$50.1b21.4x24.1x2.3x
Thu, 27 Oct 2022US$1.1tUS$505.9bUS$45.0b19.7x25x2.2x
Sat, 24 Sep 2022US$1.2tUS$505.2bUS$45.1b21.5x27.3x2.4x
Mon, 22 Aug 2022US$1.3tUS$505.3bUS$45.1b23.6x29.5x2.6x
Wed, 20 Jul 2022US$1.2tUS$484.2bUS$43.7b22.8x27.4x2.5x
Fri, 17 Jun 2022US$1.1tUS$484.4bUS$43.7b21.1x25.8x2.3x
Sun, 15 May 2022US$1.2tUS$484.2bUS$43.6b23.8x28x2.5x
Tue, 12 Apr 2022US$1.3tUS$473.4bUS$40.7b25.4x31.9x2.7x
Thu, 10 Mar 2022US$1.2tUS$479.9bUS$41.4b23x29.3x2.5x
Sat, 05 Feb 2022US$1.2tUS$465.4bUS$39.6b23.3x30.1x2.6x
Mon, 03 Jan 2022US$1.3tUS$443.5bUS$39.4b23.4x31.9x2.8x
Price to Earnings Ratio

31.9x


Total Market Cap: US$1.3tTotal Earnings: US$39.4bTotal Revenue: US$443.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Utilities Sector Price to Earnings3Y Average 24.2x20232024
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 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 15% per year over the last three years.
  • Revenues for these companies have grown 5.7% 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 Market2.83%
Utilities2.22%
Renewable Energy4.36%
Gas Utilities2.30%
Electric Utilities2.16%
Other Utilities1.97%
Water Utilities1.22%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry, which is trading close to its 3-year average PE ratio of 26.7x.
    • Analysts are expecting annual earnings growth of 10.9%, 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 24.0x.
Forecasted Growth
  • Analysts are most optimistic on the Other Utilities industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 8.7% 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?

CompanyLast Price7D1YValuation
NEE NextEra EnergyUS$72.373.7%
+US$5.3b
18.6%PE21.4x
VST VistraUS$144.115.0%
+US$2.4b
271.2%PE26.5x
PCG PG&EUS$20.214.1%
+US$1.7b
11.8%PE15.7x
SO SouthernUS$82.841.3%
+US$1.2b
18.1%PE19.2x
PEG Public Service Enterprise GroupUS$85.402.7%
+US$1.1b
40.1%PE20.9x
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Latest News

PCG

US$20.21

PG&E

7D

4.1%

1Y

11.8%

YORW

US$33.33

York Water

7D

-0.2%

1Y

-14.8%

CEG

US$228.64

Constellation Energy

7D

1.5%

1Y

95.2%

POR

US$43.78

Portland General Electric

7D

-0.3%

1Y

0.8%

RNW

US$6.76

ReNew Energy Global

7D

-3.0%

1Y

-11.6%

SJW

US$49.96

SJW Group

7D

-2.1%

1Y

-24.3%

GWRS

US$11.53

Global Water Resources

7D

-2.0%

1Y

-11.4%