Sector
Utilities stocks
82 Utilities companies have a page on Investingly, worth $1.68T together. The largest is Nextera Energy (NEE) at $153.2B.
The median company trades at 20.2 times earnings, keeps 21.1% of revenue as operating profit and grew revenue 6.2% over the last year.
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR grew revenue fastest (+41%); Enlight Renewable Energy has the widest operating margin (68%); 71 of them pay a dividend (median yield 3.5%).
Companies82
Total market cap$1.68T
Median P/E20.2x
Median operating margin21.1%
Median revenue growth+6.2%
Median dividend yield3.5%
Utilities companies, largest first
| # | Company | Market cap | P/E | P/FCF | Revenue growth | Operating margin | ROE | Dividend yield |
|---|---|---|---|---|---|---|---|---|
| 1 | Nextera Energy IncNEE | $153.2B | 18.6x | 47.7x | +7.3% | 29.5% | 14.8% | 3.2% |
| 2 | Constellation Energy CorpCEG | $104.6B | 25.2x | 81.2x | +23.0% | 14.9% | 10.8% | 0.52% |
| 3 | Southern CompanySO | $98.2B | 22.3x | — | +8.0% | 24.2% | 10.9% | 3.1% |
| 4 | Duke Energy CorporationDUK | $91.4B | 18.0x | — | +11.3% | 27.2% | 9.4% | — |
| 5 | National Grid PLC ADRNGG | $73.6B | 18.5x | — | -7.4% | 26.9% | 7.7% | — |
| 6 | American Electric Power Co IncAEP | $65.4B | 17.8x | 9.59x | +10.2% | 24.1% | 11.5% | 3.1% |
| 7 | Vistra Corp.VST | $55.1B | 27.3x | 426.7x | -5.5% | 18.6% | 40.5% | 0.56% |
| 8 | Dominion Energy IncD | $53.4B | 18.2x | — | +23.1% | 26.3% | 10.1% | 4.3% |
| 9 | Sempra EnergySRE | $52.3B | 27.2x | — | -3.9% | — | 6.1% | 3.2% |
| 10 | Entergy CorporationETR | $46.3B | 25.8x | — | +12.0% | 23.1% | 10.3% | 2.4% |
| 11 | Xcel Energy IncXEL | $46.0B | 21.2x | 8.75x | -5.1% | 19.1% | 9.3% | 3.0% |
| 12 | Exelon CorporationEXC | $43.3B | 15.5x | — | +7.9% | 21.1% | 9.5% | 3.8% |
| 13 | Consolidated Edison IncED | $39.8B | 18.2x | 1106.4x | +6.2% | 17.4% | 8.4% | 3.0% |
| 14 | Public Service Enterprise Group IncPEG | $36.1B | 16.0x | 111.0x | -8.9% | 23.1% | 11.6% | 3.6% |
| 15 | WEC Energy Group IncWEC | $33.9B | 20.8x | — | +2.6% | 22.8% | 11.6% | 3.6% |
| 16 | PG&E CorpPCG | $28.6B | 10.1x | — | +0.1% | 20.0% | 9.0% | — |
| 17 | Ameren CorpAEE | $27.6B | 17.9x | — | -5.8% | 24.9% | 11.4% | 2.9% |
| 18 | Fortis IncFTS | $27.0B | 21.5x | — | +5.8% | 29.3% | 7.2% | — |
| 19 | Atmos Energy CorporationATO | $26.5B | 19.5x | — | +4.8% | 37.0% | 9.2% | 2.4% |
| 20 | DTE Energy CompanyDTE | $26.0B | 20.5x | — | +15.8% | 13.1% | 10.3% | 3.4% |
| 21 | FirstEnergy CorporationFE | $25.9B | 24.3x | — | +11.6% | 14.7% | 8.4% | 4.0% |
| 22 | PPL CorporationPPL | $25.4B | 20.7x | — | +10.8% | 23.6% | 8.1% | 3.2% |
| 23 | Eversource EnergyES | $24.9B | 14.2x | 21.2x | +2.3% | 21.6% | 8.9% | 4.6% |
| 24 | CenterPoint Energy IncCNP | $24.8B | 23.3x | — | +1.9% | 22.5% | 9.3% | 2.3% |
| 25 | American Water WorksAWK | $24.6B | 22.3x | — | +6.2% | 36.9% | 9.7% | 2.7% |
| 26 | NRG Energy Inc.NRG | $23.3B | 111.5x | 30.4x | +11.0% | 6.1% | 16.1% | — |
| 27 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADRSBS | $22.9B | 13.0x | 2.88x | +41.4% | — | 31.2% | — |
| 28 | Edison InternationalEIX | $21.2B | 5.93x | — | +7.7% | 30.8% | 20.5% | 6.2% |
| 29 | CMS Energy CorporationCMS | $19.8B | 17.7x | — | -0.5% | 18.9% | 10.5% | — |
| 30 | NiSource IncNI | $19.7B | 20.4x | — | +3.5% | 16.4% | 9.4% | 2.9% |
| 31 | Evergy, Inc.EVRG | $18.8B | 21.7x | — | +5.0% | 25.9% | 8.7% | 3.3% |
| 32 | Brookfield Renewable Partners LPBEP | $18.8B | — | — | +9.0% | — | -2.1% | — |
| 33 | Alliant Energy CorpLNT | $17.2B | 20.9x | — | +5.0% | 23.0% | 11.1% | 3.1% |
| 34 | Brookfield Infrastructure Partners LPBIP | $16.9B | 41.2x | 63.2x | +9.8% | 25.1% | 8.5% | — |
| 35 | Talen Energy CorporationTLN | $16.0B | — | 39.1x | +18.6% | 2.6% | -11.4% | — |
| 36 | Emera IncorporatedEMA | $13.9B | 19.2x | — | +21.9% | 22.5% | 7.6% | — |
| 37 | Korea Electric Power Corp ADRKEP | $13.1B | 2.25x | 0.00x | +5.8% | 9.1% | 8.8% | — |
| 38 | Pinnacle West Capital CorpPNW | $12.1B | 18.6x | — | +7.1% | 20.5% | 9.1% | 3.6% |
| 39 | Companhia Paranaense de Energia - COPELELPC | $10.8B | 20.3x | 18.0x | +5.5% | -3.6% | 10.9% | — |
| 40 | Essential Utilities IncWTRG | $10.8B | 19.5x | — | +3.1% | 35.1% | 7.9% | 3.6% |
| 41 | The AES CorporationAES | $10.7B | 7.80x | — | +19.9% | — | 37.9% | 4.7% |
| 42 | OGE Energy CorporationOGE | $9.7B | 21.0x | 117.8x | -0.6% | 24.4% | 9.3% | 3.6% |
| 43 | Enlight Renewable Energy Ltd. Ordinary SharesENLT | $8.7B | 67.4x | — | +29.3% | 68.0% | 7.8% | — |
| 44 | UGI CorporationUGI | $8.3B | 13.7x | 21.4x | -4.5% | 16.2% | 12.9% | 3.9% |
| 45 | IDACORP IncIDA | $7.5B | 22.4x | — | +1.8% | 19.5% | 9.1% | 2.6% |
| 46 | Clearway Energy Inc Class CCWEN | $6.9B | 288.4x | 18.8x | +22.7% | 13.4% | 1.9% | — |
| 47 | Companhia Energetica de Minas Gerais CEMIG Pref ADRCIG | $6.9B | 7.08x | 2.08x | +8.1% | — | 26.0% | — |
| 48 | TXNM Energy, Inc.TXNM | $6.5B | 41.6x | — | +4.6% | 20.4% | 4.2% | 2.6% |
| 49 | Enel Chile SA ADRENIC | $6.2B | 11.8x | 8.91x | -8.4% | 9.6% | 2.9% | — |
| 50 | Southwest Gas Holdings IncSWX | $6.1B | 25.6x | — | -21.6% | — | 13.2% | 3.0% |
| 51 | Black Hills CorporationBKH | $5.7B | 19.5x | — | +3.1% | 23.9% | 7.6% | 3.6% |
| 52 | Portland General Electric CoPOR | $5.4B | 20.7x | — | +1.6% | 14.2% | 6.2% | 4.4% |
| 53 | Ormat Technologies IncORA | $5.4B | 42.1x | — | +10.6% | 16.6% | 4.9% | 0.54% |
| 54 | Brookfield Renewable CorpBEPC | $5.3B | — | — | -10.0% | — | -2020.7% | — |
| 55 | NewJersey Resources CorporationNJR | $5.2B | 15.2x | — | +16.8% | 24.8% | 13.8% | 3.7% |
| 56 | Oklo Inc.OKLO | $4.8B | — | — | — | — | -4.7% | — |
| 57 | Spire IncSR | $4.7B | 16.1x | — | +4.5% | 21.5% | 10.5% | 4.0% |
| 58 | NorthWestern CorporationNWE | $4.6B | 26.8x | — | +14.6% | 18.8% | 5.9% | 3.5% |
| 59 | One Gas IncOGS | $4.5B | 16.2x | — | — | — | 8.2% | 3.7% |
| 60 | Brookfield Infrastructure CorpBIPC | $4.5B | — | 20.4x | +0.1% | 61.5% | — | — |
| 61 | TransAlta CorpTAC | $4.0B | — | 9.95x | -15.5% | 5.8% | -9.9% | — |
| 62 | Algonquin Power & Utilities CorpAQN | $3.9B | 23.2x | — | +4.9% | 20.7% | 3.9% | — |
| 63 | MDU Resources Group IncMDU | $3.9B | 20.1x | — | +6.9% | 17.0% | 6.7% | 2.9% |
| 64 | American States Water CompanyAWR | $3.1B | 23.4x | — | +11.2% | 31.9% | 12.8% | 2.5% |
| 65 | Chesapeake Utilities CorporationCPK | $3.0B | 20.2x | — | +4.7% | 27.3% | 9.0% | 2.1% |
| 66 | Avista CorporationAVA | $2.9B | 14.0x | — | +0.5% | 18.8% | 8.1% | 5.5% |
| 67 | Kenon HoldingsKEN | $2.9B | 47.1x | 17.2x | +16.1% | 7.2% | 4.2% | — |
| 68 | Renew Energy Global PLCRNW | $2.7B | 26.5x | — | +19.4% | 10.4% | 3.4% | — |
| 69 | California Water Service GroupCWT | $2.7B | 22.5x | — | +8.5% | 18.5% | 7.4% | 2.8% |
| 70 | MGE Energy IncMGEE | $2.7B | 18.2x | — | +10.8% | 22.3% | 10.6% | 2.5% |
| 71 | H2O AmericaHTO | $2.5B | 20.2x | — | +9.4% | 21.9% | 5.7% | 2.5% |
| 72 | Centuri Holdings, Inc.CTRI | $2.1B | 56.6x | — | +32.9% | 2.7% | 3.3% | — |
| 73 | Northwest Natural Gas CoNWN | $2.0B | 16.4x | — | +3.1% | 22.9% | 8.1% | 3.9% |
| 74 | Central Puerto S.A.CEPU | $1.8B | 5.67x | 0.02x | +8.1% | 26.7% | 2.8% | — |
| 75 | Hawaiian Electric Industries IncHE | $1.6B | 12.2x | 31.1x | +25.9% | 11.5% | 12.8% | — |
| 76 | Fluence Energy IncFLNC | $1.3B | — | — | +7.8% | — | -21.7% | — |
| 77 | Suburban Propane Partners LPSPH | $1.2B | 9.08x | 10.3x | +0.5% | 15.1% | — | — |
| 78 | Empresa Distribuidora y Comercializadora Norte SA ADREDN | $972M | 4.03x | — | +33.8% | 2.1% | 18.2% | — |
| 79 | Consolidated Water Co LtdCWCO | $466M | 26.7x | 14.0x | -2.1% | 12.3% | 7.2% | 1.9% |
| 80 | Artesian Resources CorporationARTNA | $336M | 14.5x | — | +7.4% | 25.0% | 9.2% | 3.9% |
| 81 | Cadiz IncCDZI | $253M | — | — | -76.3% | -236.1% | -789.7% | 1.9% |
| 82 | Digi Power X Inc.DGXX | $206M | — | — | -7.6% | — | -10.7% | — |
Medians use companies with a value for that measure; P/E only counts companies with positive earnings. Every company links to its page with the reverse DCF, insider buying and 13F holders.
Utilities industries
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Questions
What are the largest Utilities stocks?
By market value: Nextera Energy (NEE), Constellation Energy (CEG), Southern (SO), Duke Energy (DUK), National Grid PLC ADR (NGG).
What is the average P/E ratio of Utilities stocks?
The median Utilities company on Investingly trades at 20.2 times trailing earnings (companies with positive earnings only).
How many Utilities stocks pay a dividend?
71 of 82, with a median yield of 3.5%.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.