FINHUB Insights

Language: EN
Sign in Sign up

Utilities

27 companies side by side, each showing its newest quarter, so you can see who is big in the sector and who turns it into profit. That is 31 minus the 4 whose statement we cannot draw; they are listed at the foot of the page.

Every figure here is one quarter, the newest each company has filed, so the quarters differ from row to row, and the rows run from the largest of those quarters down. The ranking on All companies adds up the last four instead, which is what makes companies on different fiscal years comparable.

Company Revenue, one quarter Year over year Operating margin Net profit Net margin
DUK Duke Energy Q1 FY26 Year over year +9% Operating margin 21% Net margin 17% $9.0B +9% 21% $1.6B 17%
SO Southern Q1 FY26 Year over year +8% Operating margin 19% Net margin 16% $8.4B +8% 19% $1.4B 16%
CEG Constellation Energy Q2 FY26 Year over year +23% Operating margin 12% Net margin 7% $7.5B +23% 12% $0.5B 7%
NRG NRG Energy Q2 FY26 Year over year +11% Operating margin 13% Net margin 7% $7.5B +11% 13% $0.5B 7%
NEE NextEra Energy Q3 FY25 Year over year +10% Operating margin 34% Net margin 33% $7.4B +10% 34% $2.4B 33%
EXC Exelon Q1 FY26 Year over year +8% Operating margin 15% Net margin 13% $7.2B +8% 15% $0.9B 13%
PCG PG&E Q4 FY25 Year over year +3% Operating margin 18% Net margin 10% $6.8B +3% 18% $0.7B 10%
AEP American Electric Power Q1 FY26 Year over year +10% Operating margin 23% Net margin 15% $6.0B +10% 23% $0.9B 15%
DTE DTE Energy Q1 FY26 Year over year +16% Operating margin 4% Net margin 5% $5.1B +16% 4% $0.2B 5%
FE FirstEnergy Q1 FY26 Year over year +12% Operating margin 14% Net margin 10% $4.2B +12% 14% $0.4B 10%
EIX Edison International Q1 FY26 Year over year +8% Operating margin 16% Net margin 13% $4.1B +8% 16% $0.5B 13%
VST Vistra Q2 FY26 Year over year −5% Operating margin 14% Net margin 8% $4.0B −5% 14% $0.3B 8%
ED Consolidated Edison Q4 FY25 Year over year +9% Operating margin 12% Net margin −43% $4.0B +9% 12% −$1.7B −43%
XEL Xcel Energy Q2 FY26 Year over year −5% Operating margin 17% Net margin 19% $3.1B −5% 17% $0.6B 19%
CNP CenterPoint Energy Q1 FY26 Year over year +2% Operating margin 22% Net margin 11% $3.0B +2% 22% $0.3B 11%
ETR Entergy Q4 FY25 Year over year +8% Operating margin 10% Net margin 8% $3.0B +8% 10% $0.2B 8%
PPL PPL Q1 FY26 Year over year +11% Operating margin 27% Net margin 16% $2.8B +11% 27% $0.5B 16%
AEE Ameren Q3 FY25 Year over year +24% Operating margin 31% Net margin 24% $2.7B +24% 31% $0.6B 24%
PEG Public Service Enterprise Q2 FY26 Year over year −9% Operating margin 18% Net margin 13% $2.6B −9% 18% $0.3B 13%
WEC WEC Energy Q2 FY26 Year over year +3% Operating margin 21% Net margin 15% $2.1B +3% 21% $0.3B 15%
ATO Atmos Energy Q2 FY26 Year over year +1% Operating margin 39% Net margin 30% $2.0B +1% 39% $0.6B 30%
CMS CMS Energy Q2 FY26 Year over year +0% Operating margin 7% Net margin 7% $1.8B +0% 7% $0.1B 7%
PNW Pinnacle West Capital Q2 FY26 Year over year +7% Operating margin 21% Net margin 12% $1.5B +7% 21% $0.2B 12%
EVRG Evergy Q1 FY26 Year over year +5% Operating margin 11% Net margin 10% $1.4B +5% 11% $0.2B 10%
AWK American Water Works Q2 FY26 Year over year +6% Operating margin 40% Net margin 23% $1.4B +6% 40% $0.3B 23%
NI NiSource Q2 FY26 Year over year +3% Operating margin 18% Net margin 4% $1.3B +3% 18% $<0.1B 4%
LNT Alliant Energy Q1 FY26 Year over year +5% Operating margin 21% Net margin 19% $1.2B +5% 21% $0.2B 19%

Diagrams

the 9 largest

Cost of revenue Operating expenses Tax and other Net profit, or operating profit where the bar ends there

In the bar on each card, every block is its share of revenue. Where income from outside revenue lifted profit above what operations earned, the bar ends at that operating profit: revenue cannot account for the rest, and the net margin is on the card.

The rest of the sector

4 companies

In the index, in this sector, and not in the table above. A bank, an insurer or a property trust does not have an income statement this shape, so there is no diagram to draw; the rest are ones we have not drawn yet. Each one still has a page.