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U.S. Water Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies18
  • 7D6.5%
  • 3M6.7%
  • 1Y-11.9%
  • YTDn/a

Over the last 7 days, the Water industry has risen 6.5%, driven by gains from every company within the industry. However, the industry is down 12% over the past year. As for the next few years, earnings are expected to grow by 6.6% per annum.

Industry Valuation and Performance

Has the U.S. Water Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$46.9bUS$9.1bUS$2.0b22.1x23.8x5.2x
Sat, 06 Apr 2024US$43.3bUS$8.9bUS$1.8b21.8x24.3x4.8x
Mon, 04 Mar 2024US$42.9bUS$8.9bUS$1.8b22.8x24.2x4.8x
Wed, 31 Jan 2024US$45.6bUS$9.0bUS$1.7b25.3x26.3x5x
Fri, 29 Dec 2023US$48.2bUS$9.0bUS$1.7b28.2x27.8x5.3x
Sun, 26 Nov 2023US$47.3bUS$9.0bUS$1.7b28.3x27.4x5.2x
Tue, 24 Oct 2023US$42.1bUS$8.9bUS$1.7b24.9x24.8x4.7x
Thu, 21 Sep 2023US$48.3bUS$8.9bUS$1.7b28.9x28.5x5.4x
Sat, 19 Aug 2023US$49.3bUS$8.9bUS$1.7b29.9x29x5.5x
Mon, 17 Jul 2023US$51.8bUS$8.7bUS$1.6b32.5x32.3x5.9x
Wed, 14 Jun 2023US$52.2bUS$8.7bUS$1.6b34x32.6x6x
Fri, 12 May 2023US$52.8bUS$8.7bUS$1.6b33.8x32.9x6.1x
Sun, 09 Apr 2023US$54.6bUS$8.5bUS$1.6b33.8x34x6.4x
Tue, 07 Mar 2023US$50.5bUS$8.5bUS$1.6b31.8x31.4x5.9x
Thu, 02 Feb 2023US$54.9bUS$8.3bUS$2.1b36x26.4x6.6x
Sat, 31 Dec 2022US$54.0bUS$8.3bUS$2.1b32.7x26x6.5x
Mon, 28 Nov 2022US$54.0bUS$8.3bUS$2.1b35.1x26x6.5x
Wed, 26 Oct 2022US$48.3bUS$8.2bUS$2.0b34.5x23.8x5.9x
Fri, 23 Sep 2022US$49.5bUS$8.2bUS$2.0b35.7x24.4x6x
Sun, 21 Aug 2022US$55.1bUS$8.2bUS$2.0b38.9x27.1x6.7x
Tue, 19 Jul 2022US$51.1bUS$8.2bUS$2.0b34.3x25x6.2x
Thu, 16 Jun 2022US$46.0bUS$8.2bUS$2.0b30.4x22.5x5.6x
Sat, 14 May 2022US$49.3bUS$8.2bUS$2.0b32.7x24.2x6x
Mon, 11 Apr 2022US$56.4bUS$8.1bUS$2.0b34.7x28.2x7x
Wed, 09 Mar 2022US$53.7bUS$8.1bUS$2.0b34.3x26.8x6.6x
Fri, 04 Feb 2022US$53.0bUS$8.0bUS$1.5b35.3x35.4x6.6x
Sun, 02 Jan 2022US$62.1bUS$8.0bUS$1.5b39.2x41.5x7.7x
Tue, 30 Nov 2021US$56.4bUS$8.0bUS$1.5b37x37.4x7x
Thu, 28 Oct 2021US$55.3bUS$8.1bUS$1.6b36x35.1x6.9x
Sat, 25 Sep 2021US$55.9bUS$8.1bUS$1.6b35.1x35.5x6.9x
Mon, 23 Aug 2021US$57.7bUS$8.7bUS$1.4b36.2x40.5x6.6x
Sat, 10 Jul 2021US$50.3bUS$8.7bUS$1.4b31.8x35.3x5.8x
Price to Earnings Ratio

37.9x


Total Market Cap: US$51.2bTotal Earnings: US$1.4bTotal Revenue: US$8.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Water Industry Price to Earnings3Y Average 30.3x202220232024
Current Industry PE
  • Investors are pessimistic on the American Water Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.8x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have grown 13% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Water compare with similar industries?

US Market3.31%
Utilities4.22%
Water Utilities6.53%
Water6.53%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AWK American Water Works CompanyUS$132.876.2%
+US$1.5b
-11.3%PE27x
WTRG Essential UtilitiesUS$38.694.0%
+US$404.8m
-10.0%PE18.5x
AWR American States WaterUS$76.526.2%
+US$165.3m
-16.9%PE25.1x
CWT California Water Service GroupUS$51.343.0%
+US$87.2m
-10.4%PE20.6x
SJW SJW GroupUS$56.673.0%
+US$53.2m
-27.0%PE21.5x
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Latest News

AWR

US$76.52

American States Water

7D

6.2%

1Y

-16.9%

ARTN.A

US$38.31

Artesian Resources

7D

6.3%

1Y

-31.4%

CWCO

US$28.20

Consolidated Water

7D

9.5%

1Y

63.7%

SJW

US$56.67

SJW Group

7D

3.0%

1Y

-27.0%

CWT

US$51.34

California Water Service Group

7D

3.0%

1Y

-10.4%

MSEX

US$54.44

Middlesex Water

7D

4.7%

1Y

-26.8%