Highest free cash flow yield Utilities stocks
Free cash flow as a share of market value: how much cash the business produced for each dollar of stock. Utilities companies worth over $1 billion, highest first.
Top of the list: Companhia Energetica de Minas Gerais CEMIG Pref ADR (CIG) 48.0%; Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR (SBS) 34.7%; Xcel Energy (XEL) 11.4%.
The median fcf yield across these 22 companies is 4.8%.
| # | Company | FCF yield | P/FCF | P/E | Market cap | Revenue growth |
|---|---|---|---|---|---|---|
| 1 | Companhia Energetica de Minas Gerais CEMIG Pref ADRCIG | 48.0% | 2.08x | 7.08x | $6.9B | +8.1% |
| 2 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADRSBS | 34.7% | 2.88x | 13.0x | $22.9B | +41.4% |
| 3 | Xcel Energy IncXEL | 11.4% | 8.75x | 21.2x | $46.0B | -5.1% |
| 4 | Enel Chile SA ADRENIC | 11.2% | 8.91x | 11.8x | $6.2B | -8.4% |
| 5 | American Electric Power Co IncAEP | 10.4% | 9.59x | 17.8x | $65.4B | +10.2% |
| 6 | TransAlta CorpTAC | 10.0% | 9.95x | — | $4.0B | -15.5% |
| 7 | Suburban Propane Partners LPSPH | 9.7% | 10.3x | 9.08x | $1.2B | +0.5% |
| 8 | Kenon HoldingsKEN | 5.8% | 17.2x | 47.1x | $2.9B | +16.1% |
| 9 | Companhia Paranaense de Energia - COPELELPC | 5.6% | 18.0x | 20.3x | $10.8B | +5.5% |
| 10 | Clearway Energy Inc Class CCWEN | 5.3% | 18.8x | 288.4x | $6.9B | +22.7% |
| 11 | Brookfield Infrastructure CorpBIPC | 4.9% | 20.4x | — | $4.5B | +0.1% |
| 12 | Eversource EnergyES | 4.7% | 21.2x | 14.2x | $24.9B | +2.3% |
| 13 | UGI CorporationUGI | 4.7% | 21.4x | 13.7x | $8.3B | -4.5% |
| 14 | NRG Energy Inc.NRG | 3.3% | 30.4x | 111.5x | $23.3B | +11.0% |
| 15 | Hawaiian Electric Industries IncHE | 3.2% | 31.1x | 12.2x | $1.6B | +25.9% |
| 16 | Talen Energy CorporationTLN | 2.6% | 39.1x | — | $16.0B | +18.6% |
| 17 | Nextera Energy IncNEE | 2.1% | 47.7x | 18.6x | $153.2B | +7.3% |
| 18 | Brookfield Infrastructure Partners LPBIP | 1.6% | 63.2x | 41.2x | $16.9B | +9.8% |
| 19 | Constellation Energy CorpCEG | 1.2% | 81.2x | 25.2x | $104.6B | +23.0% |
| 20 | Public Service Enterprise Group IncPEG | 0.90% | 111.0x | 16.0x | $36.1B | -8.9% |
| 21 | OGE Energy CorporationOGE | 0.85% | 117.8x | 21.0x | $9.7B | -0.6% |
| 22 | Vistra Corp.VST | 0.23% | 426.7x | 27.3x | $55.1B | -5.5% |
Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.
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Questions
Which company ranks first on the highest free cash flow yield utilities stocks list?
Companhia Energetica de Minas Gerais CEMIG Pref ADR (CIG), with a fcf yield of 48.0%, as of October 12, 2026.
How is this list built?
Free cash flow as a share of market value: how much cash the business produced for each dollar of stock. US companies worth over $1 billion, highest first. It shows the top 22 and is rebuilt every day.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.