Utilities, in the accounts
30 companies · each one's last fiscal year · from their SEC filings
Utilities has 30 companies with five or more years of accounts filed with the SEC. The median one grew revenue +9% in its last fiscal year and kept 22% of it as operating profit; a quarter of them kept more than 25%. The median return on invested capital is 5%, with the middle half of the sector between 5% and 7%. Net debt is 5.2 times EBITDA at the median company.
The companies
Largest first. Each figure is the company's last fiscal year, as filed; open a company for its ten years.
| Company | Revenue | Growth | Operating margin | FCF margin | ROIC | Net debt / EBITDA |
|---|---|---|---|---|---|---|
| NEE Nextera Energy Inc 2025 | 25.8B | +10% | 32% | — | 5% | 6.1× |
| SO Southern Co 2025 | 29.6B | +11% | 25% | -10% | 17% | -0.1× |
| CEG Constellation Energy Corp 2025 | 22.7B | +20% | 14% | 6% | 9% | 0.7× |
| DUK Duke Energy Corp 2025 | 31.7B | +6% | 27% | -5% | 6% | 5.3× |
| AEP American Electric Power Co Inc 2025 | 21.7B | +9% | 25% | 16% | 7% | 5.5× |
| D Dominion Energy, Inc 2025 | 16.5B | +17% | 27% | — | 5% | 7.1× |
| SRE Sempra 2025 | 12.4B | +5% | 27% | -49% | 6% | 0.7× |
| ETR Entergy Corp 2025 | 12.9B | +9% | 25% | -20% | 5% | 5.1× |
| VST Vistra Corp. 2025 | 17.6B | +19% | 11% | 7% | 7% | 4.6× |
| EXC Exelon Corp 2025 | 24.3B | +5% | 21% | -9% | 5% | 5.7× |
| PCG PG&E Corp 2025 | 24.9B | +2% | 19% | -12% | 5% | — |
| ED Consolidated Edison Inc 2025 | 17.0B | +10% | 17% | — | 5% | 4.6× |
| PEG Public Service Enterprise Group Inc 2025 | 12.2B | +18% | 24% | 0% | 7% | — |
| WEC WEC Energy Group, Inc. 2025 | 9.8B | +14% | 23% | — | 6% | 5.4× |
| AEE Ameren Corp 2025 | 8.8B | +15% | 23% | -9% | 6% | 5.3× |
| FE Firstenergy Corp 2025 | 15.1B | +12% | 15% | -7% | 14% | 0.2× |
| ES Eversource Energy 2025 | 13.5B | +14% | 22% | -0% | — | 5.2× |
| PPL PPL Corp 2025 | 9.2B | +9% | 23% | -15% | 5% | 5.2× |
| NRG NRG Energy, Inc. 2025 | 30.3B | +9% | 6% | 3% | — | — |
| CMS CMS Energy Corp 2025 | 8.3B | +13% | 21% | — | 5% | 6.0× |
| NI Nisource Inc. 2025 | 6.5B | +23% | 28% | -6% | — | -0.0× |
| EVRG Evergy, Inc. 2025 | 5.7B | +0% | 27% | -13% | 6% | 5.0× |
| LNT Alliant Energy Corp 2025 | 4.4B | +10% | 23% | — | 4% | 6.1× |
| OGE OGE Energy Corp. 2025 | 3.2B | +9% | 25% | 3% | 6% | 4.0× |
| CWEN Clearway Energy, Inc. 2025 | 1.4B | +4% | 11% | 26% | 1% | 9.9× |
| IDA Idacorp Inc 2025 | 1.7B | -1% | 20% | -33% | 5% | 5.3× |
| POR Portland General Electric Co 2025 | 3.6B | +4% | 16% | -2% | 5% | 4.0× |
| NWE NorthWestern Energy Group, Inc. 2025 | 1.6B | +6% | 20% | -8% | 5% | 5.7× |
| HTO H2O America 2025 | 805.6M | +9% | 22% | — | 5% | 6.3× |
| CWCO Consolidated Water Co. Ltd. 2025 | 132.1M | -1% | 14% | 25% | 7% | -4.9× |
Other sectors
Your own portfolio, by sector
Signed in, the risk tab groups your holdings with this same classification: how much money and how much risk sits in each sector, and each company against its sector's median.
Sectors are grouped from each company's SEC industry code — our own grouping of public data, not the GICS classification. Only companies that file their accounts with the US Securities and Exchange Commission are covered: their filings are public, so they can be shown to anyone. A European share or an ETF files elsewhere, and is not here. Nothing on these pages is a recommendation to buy or sell anything.