undamentalytics Newsletter

Electric Utilities stocks

27 US-listed companies in electric utilities, with $311.3bn of combined revenue in their latest fiscal years. Duke Energy is the largest ($32.2bn). The fastest grower with at least $100m of revenue in both years is Emera Inc, up 19.5%. The median company grew 9.0% with a net margin of 13.6%.

Companies27
Combined revenue$311.3bn
Median revenue growth9.0%
Median net margin13.6%
Median return on equity10.8%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Duke EnergyDUK $32.2bn 6.2% 15.4% 9.7% 2025
2 Southern CompanySO $29.6bn 10.6% 14.7% 12.5% 2025
3 Constellation EnergyCEG $25.5bn 8.3% 9.1% 16.8% 2025
4 ExelonEXC $24.3bn 5.3% 11.4% 9.9% 2025
5 American Electric PowerAEP $21.9bn 10.9% 16.4% 12.3% 2025
6 Edison InternationalEIX $19.3bn 9.8% 23.1% 26.9% 2025
7 Vistra Corp.VST $17.7bn 3.0% 5.3% 17.7% 2025
8 FirstEnergyFE $15.1bn 12.0% 6.8% 8.2% 2025
9 Eversource EnergyES $13.5bn 13.8% 12.5% 10.8% 2025
10 Entergy Louisiana, LLCELC $12.9bn 9.0% 13.6% 11.0% 2025
11 EntergyETR $12.9bn 9.0% 13.6% 11.0% 2025
12 Public Service Enterprise GroupPEG $12.2bn 18.3% 17.3% 12.8% 2025
13 WEC Energy GroupWEC $9.8bn 14.0% 15.9% 11.6% 2025
14 PPL CorporationPPL $9.0bn 6.9% 13.1% 8.2% 2025
15 Fortis Inc.FTS $8.7bn 3.7% 14.1% 7.2% 2025
16 Energy Co Of Minas GeraisCIG $7.7bn 3.2% 11.5% 18.2% 2025
17 Emera IncEMA $6.3bn 19.5% 11.6% 7.7% 2025
18 EvergyEVRG $6.0bn 2.0% 14.4% 8.5% 2025
19 Energy Co Of ParanaELPC $4.7bn 10.8% 10.3% 11.5% 2025
20 Alliant EnergyLNT $4.4bn 9.6% 18.6% 11.3% 2025
21 Portland General Electric CoPOR $3.6bn 4.0% 8.6% 7.7% 2025
22 OGE Energy Corp.OGE $3.3bn 9.2% 14.4% 9.8% 2025
23 Hawaiian Electric Industries IncHE $3.1bn −4.1% 4.1% 8.2% 2025
24 Algonquin Power & Utilities Corp.AQN $2.4bn 4.9% 7.4% 3.9% 2025
25 Txnm Energy IncTXNM $2.2bn 9.9% 7.0% 5.1% 2025
26 Idacorp IncIDA $1.8bn −0.7% 17.8% 9.4% 2025
27 Otter Tail CorpOTTR $1.3bn −2.3% 21.2% 15.6% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other utilities industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.