SECTOR SYSTEM / 6 COVERED ISSUERS
Regulated networks and generation businesses have different exposure to tariffs, commodity costs and investment cycles.
Capital expenditure, allowed returns, financing needs and operating cash flow.
Rate decisions, financing costs, weather, asset reliability and large construction projects.
Sector medians are descriptive, not fair-value estimates. Dated company ratios use annual denominators and differ in fiscal year end. Historical-multiple series are unavailable. Sources and exclusions are visible on company profiles.
Across 3 eligible utilities companies, the equal-weight median capital expenditure as a share of revenue was 33.51% for the prior selected annual periods.
Across 3 eligible utilities companies, the equal-weight median capital expenditure as a share of revenue was 43.10% for the latest selected annual periods.
Across 6 eligible utilities companies, the equal-weight median operating cash-flow margin was 36.00% for the prior selected annual periods.
Across 6 eligible utilities companies, the equal-weight median operating cash-flow margin was 32.81% for the latest selected annual periods.
Across 6 eligible utilities companies, the equal-weight median equity as a share of assets was 26.18% for the prior selected annual periods.
Across 6 eligible utilities companies, the equal-weight median equity as a share of assets was 25.51% for the latest selected annual periods.
Across 6 eligible utilities companies, the equal-weight median net margin was 15.76% for the prior selected annual periods.
Across 6 eligible utilities companies, the equal-weight median net margin was 16.34% for the latest selected annual periods.
Across 6 eligible utilities companies, the equal-weight median revenue growth was 3.72% for the prior selected annual periods.
Across 6 eligible utilities companies, the equal-weight median revenue growth was 10.19% for the latest selected annual periods.
AMERICAN ELECTRIC POWER CO INC
Annual revenue of USD 21.702 billion and net income of USD 3.696 billion for the period ended 2025-12-31.
Constellation Energy Corp
A two-period review of CEG revenue, profitability and cash conversion; reported revenue growth was 19.51%.
Constellation Energy Corp
Annual revenue of USD 22.663 billion and net income of USD 2.319 billion for the period ended 2025-12-31.
DOMINION ENERGY, INC
Annual revenue of USD 16.523 billion and net income of USD 2.998 billion for the period ended 2025-12-31.
Duke Energy CORP
A two-period review of DUK revenue, profitability and cash conversion; reported revenue growth was 5.63%.
Duke Energy CORP
Annual revenue of USD 31.741 billion and net income of USD 4.968 billion for the period ended 2025-12-31.