Utilities - Diversified
17 companies · $192B combined revenue · $42.7B operating profit
The typical US-listed utilities - diversified company grew revenue 9.1% and earnings 9.8% in its latest year, at a 22.9% operating margin, and 0 of 17 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 0% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more35%
- Operating leverage · Operating income growing faster than a growing revenue71%
- Margin expansion · Operating margin up 1 point or more47%
- Debt reduction · Debt down 5% or more, or net cash0%
Combined revenue · 17 companies reporting in US dollars
Combined operating margin
All 17 companies
| Median | – | 9.1% | 9.8% | 22.9% | 4.7% | 1.43x |
| DUKDuke Energy | $31.7B | 5.6%▼ | 9.8% | 27.2%▲ | 4.9%▲ | 1.68x▼ |
| SRESempra | $12.4B | 5.1%▼ | -35.8%▼ | 26.7%▲ | 3.7%▼ | 1.05x▲ |
| XELXcel Energy | $14.7B | 9.1% | 4.2%▼ | 17.6%▼ | 3.5%▼ | 1.44x▼ |
| EXCExelon | $24.3B | 5.3%▼ | 12.5%▲ | 21.2%▼ | 4.8%▲ | 1.70x▼ |
| EDConsolidated Edison | $17.0B | 10.2%▲ | 11.2%▲ | 17.2%▼ | 4.3%▼ | 1.07x▲ |
| PCGPG&E | $24.9B | 2.1%▼ | 7.6%▼ | 19%▼ | 3.8%▼ | 1.79x▼ |
| PEGPublic Service Enterprise | $12.2B | 18.3%▲ | 19.1%▲ | 24.5%▲ | 5.7%▲ | 1.33x▲ |
| WECWEC Energy | $9.8B | 14%▲ | 2%▼ | 22.9% | 4.9%▲ | 1.42x▲ |
| AEEAmeren | $8.8B | 15.4%▲ | 23.1%▲ | 23%▲ | 4.5%▼ | 1.43x▼ |
| CMSCMS Energy | $8.3B | 13.5%▲ | 6.8%▼ | 20.8%▼ | 4.7% | 2.05x▼ |
| NINisource | $6.5B | 23.5%▲ | 22.2%▲ | 28.1%▲ | 5.7%▲ | 1.64x▼ |
| EVRGEvergy | $5.7B | 0%▼ | -2%▼ | 26.9%▲ | 5.1%▲ | 1.31x▲ |
| LNTAlliant Energy | $4.4B | 9.6%▲ | 17.4%▲ | 23.5%▲ | 4.5%▼ | 1.64x▼ |
| UGIUGI | $7.1B | 1.4%▼ | 152%▲ | 15.5%▼ | 8.2%▲ | 1.39x▲ |
| NWENorthWestern Energy | $1.6B | 6.4%▼ | -19.2%▼ | 20.2%▼ | 4.2%▼ | 1.14x▲ |
| AVAAvista | $2.0B | 1.3%▼ | 7.2%▼ | 18%▼ | 4.7%▼ | – |
| MGEEMge Energy | $744M | 9.9%▲ | 12.7%▲ | 22.9%▲ | 6%▲ | 0.62x▲ |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).