Utility stocks with the highest free cash flow yield

Ranked

16

of 86 utility stocks we cover

Median

2.8%

Highest

10.5%

CWEN

Range

0.3% to 10.5%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	CWENClearway Energy, Regulated Electric	10.5%	n/m	+9.9%	$6.4B
2	SLNGStabilis Solutions, Regulated Gas	9.6%	n/m	−19.7%	$82.9M
3	SPRUSpruce Power, Regulated Electric	7.7%	n/m	+10.0%	$25.6M
4	CLNEClean Energy Fuels, Diversified Utilities	7.1%	n/m	+5.2%	$321.8M
5	CWCOConsolidated Water, Regulated Water	6.8%	28.1×	−1.2%	$445M
6	VSTVistra, Independent Power Producers	4.8%	23.7×	+3.8%	$47B
7	TLNTalen Energy, Regulated Electric	3.6%	n/m	+60.8%	$15.7B
8	NFGNational Fuel Gas, Regulated Gas	2.9%	11.2×	n/m	$7.7B
9	OGEOGE Energy, Regulated Electric	2.7%	21.2×	+0.6%	$10B
10	PCYOPure Cycle, Regulated Water	2.5%	17.7×	+22.9%	$259.8M
11	UGIUGI, Diversified Utilities	2.3%	12.9×	−0.5%	$8.3B
12	NRGNRG Energy, Independent Power Producers	1.8%	24.4×	+12.8%	$19.4B
13	ESEversource Energy, Regulated Electric	1.2%	17.5×	+7.8%	$25.4B
14	PEGPublic Service Enterprise, Regulated Electric	0.8%	17.9×	+12.7%	$35.9B
15	AWRAmerican States Water, Regulated Water	0.6%	23.4×	+13.2%	$3.4B
16	CEGConstellation Energy, Independent Power Producers	0.3%	24.7×	+26.0%	$89.8B

Not ranked: 49 with no positive free cash flow, 15 with not a meaningful number. 6 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.