Electric utilities with the fastest revenue growth

Ranked

41

of 52 electric utilities we cover

Median

+7.8%

Highest

+60.8%

TLN

Range

−2.8% to +60.8%

#	Company	Revenue growth	Net margin	Price to sales	Market cap
1	TLNTalen Energy	+60.8%	−5.4%	4.6×	$15.7B
2	ORAOrmat Technologies	+31.1%	10.7%	4.5×	$5.4B
3	UTLUnitil	+20.8%	9.5%	1.7×	$1B
4	DDominion Energy	+19.0%	14.0%	3.2×	$57.3B
5	DTEDTE Energy	+15.9%	8.0%	1.7×	$27.4B
6	PEGPublic Service Enterprise	+12.7%	16.0%	2.9×	$35.9B
7	FEFirstEnergy	+12.6%	6.9%	1.7×	$26.7B
8	EIXEdison International	+10.7%	19.3%	1.1×	$22.1B
9	NWENorthWestern Energy	+10.7%	10.1%	2.8×	$4.8B
10	AEPAmerican Electric Power	+10.3%	13.8%	3.1×	$70.6B
11	TXNMTXNM Energy	+10.0%	8.8%	2.7×	$6B
12	SPRUSpruce Power	+10.0%	−6.8%	0.2×	$25.6M
13	GNEGenie Energy	+10.0%	4.9%	0.9×	$439.8M
14	CMSCMS Energy	+9.9%	11.6%	2.5×	$21.8B
15	CWENClearway Energy	+9.9%	5.8%	4.1×	$6.4B
16	NEENextEra Energy	+9.6%	40.4%	5.9×	$171.2B
17	ETREntergy	+9.5%	13.5%	3.7×	$50.1B
18	EDConsolidated Edison	+9.5%	12.5%	2.4×	$42.8B
19	WECWEC Energy	+8.9%	16.7%	3.6×	$36.2B
20	HNRGHallador Energy	+7.9%	−0.2%	1.2×	$520.9M
21	ESEversource Energy	+7.8%	10.4%	1.8×	$25.4B
22	CNPCenterPoint Energy	+7.1%	11.6%	2.8×	$27.1B
23	LNTAlliant Energy	+6.8%	18.4%	4.1×	$18.1B
24	PPLPPL	+6.7%	13.5%	2.8×	$26.3B
25	EXCExelon	+6.6%	11.0%	1.8×	$45.9B
26	SOSouthern	+6.4%	15.4%	3.5×	$106.9B
27	DUKDuke Energy	+6.3%	15.8%	2.9×	$97.4B
28	PNWPinnacle West Capital	+5.7%	11.5%	2.3×	$12.8B
29	PCGPG&E	+5.7%	12.3%	1.3×	$33.8B
30	HEHawaiian Electric Industries	+5.1%	6.8%	0.4×	$1.5B
31	TVETennessee Valley Authority	+5.1%	11.3%	n/m	n/m
32	XELXcel Energy	+4.7%	15.3%	3.3×	$48.8B
33	AEEAmeren	+3.8%	17.9%	3.4×	$29.9B
34	EVRGEvergy	+3.6%	15.2%	3.2×	$19.5B
35	BKHBlack Hills	+2.5%	13.0%	2.6×	$6.1B
36	PORPortland General Electric	+1.3%	n/m	1.5×	$5.2B
37	OGEOGE Energy	+0.6%	14.4%	3.1×	$10B
38	OTTROtter Tail	+0.3%	14.8%	2.9×	$3.8B
39	IDAIdacorp	−0.4%	18.8%	4.5×	$8.1B
40	AVAAvista	−1.8%	11.8%	1.6×	$3.2B
41	XIFRXPLR Infrastructure	−2.8%	5.2%	0.7×	$892.8M

Not ranked: 1 with not a meaningful number, 1 with under $50M of revenue. 9 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.