Top Companies by CapEx in Utilities
Largest public companies ranked by capex in Utilities on a trailing twelve months basis. Compare top issuers, sector peers and historical context on…
How TTM capex is measured
Trailing twelve months (TTM) capital expenditure (capex) is the cash a company spent on property, plant and equipment over the most recent four fiscal quarters. It comes from the investing section of the cash flow statement and is shown here as a positive amount of cash invested. The rolling window smooths uneven project timing across quarters.
Capex is the price of growth and maintenance: data centers, factories, fleets, networks and stores. Subtract capex from EBITDA for a rough free-cash-flow proxy, and compare against TTM revenue to gauge investment intensity. Semis, telecoms, hyperscalers and utilities typically lead. Values are ranked in USD after period-average FX translation (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Calculated from each company's four most recent reported quarters, as of .
Sector scopeUtilitiesChange sectorChange sector
Top companies by CapEx — Utilities
- Sector
- Utilities
- CapEx
- $13.09B
- As of
- Sector
- Utilities
- CapEx
- $12.64B
- As of
- PG&E
PCG
- Sector
- Utilities
- CapEx
- $12.51B
- As of
- Sempra
SRE
- Sector
- Utilities
- CapEx
- $10.61B
- As of
- Sector
- Utilities
- CapEx
- $9.97B
- As of
- Exelon
EXC
- Sector
- Utilities
- CapEx
- $8.53B
- As of
- Entergy
ETR
- Sector
- Utilities
- CapEx
- $7.90B
- As of
- Sector
- Utilities
- CapEx
- $6.65B
- As of
- AES
AES
- Sector
- Utilities
- CapEx
- $5.93B
- As of
- Sector
- Utilities
- CapEx
- $5.03B
- As of
- DTE Energy
DTE
- Sector
- Utilities
- CapEx
- $4.43B
- As of
- Sector
- Utilities
- CapEx
- $4.40B
- As of
- Sector
- Utilities
- CapEx
- $4.16B
- As of
- Ameren
AEE
- Sector
- Utilities
- CapEx
- $4.15B
- As of
- Duke Energy
DUK
- Sector
- Utilities
- CapEx
- $4.14B
- As of
- PPL
PPL
- Sector
- Utilities
- CapEx
- $4.03B
- As of
- Atmos Energy
ATO
- Sector
- Utilities
- CapEx
- $3.70B
- As of
- Vistra
VST
- Sector
- Utilities
- CapEx
- $3.43B
- As of
- Sector
- Utilities
- CapEx
- $3.13B
- As of
- Sector
- Utilities
- CapEx
- $3.02B
- As of
- Sector
- Utilities
- CapEx
- $2.95B
- As of
- CMS Energy
CMS
- Sector
- Utilities
- CapEx
- $2.94B
- As of
- Evergy
EVRG
- Sector
- Utilities
- CapEx
- $2.80B
- As of
- NiSource
NI
- Sector
- Utilities
- CapEx
- $2.78B
- As of
- Sector
- Utilities
- CapEx
- $2.62B
- As of
- Sector
- Utilities
- CapEx
- $2.48B
- As of
- GE Vernova
GEV
- Sector
- Utilities
- CapEx
- $1.49B
- As of
- Sector
- Utilities
- CapEx
- $1.47B
- As of
- Sector
- Utilities
- CapEx
- $1.30B
- As of
- NRG Energy
NRG
- Sector
- Utilities
- CapEx
- $1.15B
- As of
- UGI
UGI
- Sector
- Utilities
- CapEx
- $847.00M
- As of
- Black Hills
BKH
- Sector
- Utilities
- CapEx
- $819.80M
- As of
- Sector
- Utilities
- CapEx
- $784.40M
- As of
- Sector
- Utilities
- CapEx
- $722.96M
- As of
- Sector
- Utilities
- CapEx
- $516.99M
- As of
- Sector
- Utilities
- CapEx
- $466.89M
- As of
- MGE Energy
MGEE
- Sector
- Utilities
- CapEx
- $343.22M
- As of
- H2O America
HTO
- Sector
- Utilities
- CapEx
- $302.63M
- As of
- Sector
- Utilities
- CapEx
- $236.82M
- As of
- Sector
- Utilities
- CapEx
- $161.00M
- As of
- Sector
- Utilities
- CapEx
- $130.00M
- As of
- Middlesex Water
MSEX
- Sector
- Utilities
- CapEx
- $43.62M
- As of
- Artesian Resources
ARTNA
- Sector
- Utilities
- CapEx
- $36.66M
- As of
- Avista
AVA
- Sector
- Utilities
- CapEx
- $0
- As of
- Xcel Energy
XEL
- Sector
- Utilities
- CapEx
- $0
- As of