Top Utilities Companies by Net Margin
Latest filings through · Reported
Top utilities companies by net margin
Pick a margin type to sort, or use a wider screen to sort by any column header. Click a column header to re-order rows. Company names link to each ticker's profile page.
| # | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NextEra Energy (NEE) | 67.3% | 29.2% | 61.1% | 29.0% | 8.4% | Utilities | ||
| 2 | Atmos Energy (ATO) | 51.4% | 35.9% | 52.9% | 27.6% | -40.8% | Utilities | ||
| 3 | GE Vernova (GEV) | 19.9% | 3.9% | 20.9% | 23.8% | 19.1% | Utilities | ||
| 4 | Essential Utilities (WTRG) | 47.0% | 35.0% | 52.9% | 21.8% | -19.9% | Utilities | ||
| 5 | American Water Works Company (AWK) | 43.6% | 36.5% | 53.8% | 21.2% | -23.1% | Utilities | ||
| 6 | Edison International (EIX) | 37.7% | 21.3% | 38.4% | 18.9% | -3.3% | Utilities | ||
| 7 | Alliant Energy (LNT) | 38.0% | 23.0% | 46.4% | 18.6% | -23.2% | Utilities | ||
| 8 | Public Service Enterprise Group (PEG) | 79.6% | 25.5% | 38.0% | 17.7% | -0.5% | Utilities | ||
| 9 | Ameren (AEE) | 39.4% | 24.0% | 46.1% | 17.2% | -14.9% | Utilities | ||
| 10 | Dominion Energy (D) | 49.4% | 26.4% | 44.7% | 16.9% | -42.1% | Utilities | ||
| 11 | American Electric Power Company (AEP) | 40.4% | 23.5% | 39.2% | 16.5% | 34.5% | Utilities | ||
| 12 | WEC Energy Group (WEC) | 55.7% | 24.0% | 41.1% | 16.2% | -11.0% | Utilities | ||
| 13 | New Jersey Resources (NJR) | 27.7% | 24.1% | 34.5% | 15.4% | -7.3% | Utilities | ||
| 14 | Duke Energy (DUK) | 58.4% | 27.0% | 48.2% | 15.4% | 19.8% | Utilities | ||
| 15 | Sempra (SRE) | 30.6% | 25.0% | 48.8% | 15.2% | -43.0% | Utilities | ||
| 16 | Evergy (EVRG) | 41.5% | 25.4% | 46.0% | 14.7% | -18.3% | Utilities | ||
| 17 | Southern Company (SO) | 43.1% | 24.1% | 47.9% | 14.5% | -12.5% | Utilities | ||
| 18 | Xcel Energy (XEL) | 18.9% | 19.8% | 42.0% | 14.1% | -21.9% | Utilities | ||
| 19 | NiSource (NI) | 55.9% | 27.8% | 45.7% | 14.1% | -12.2% | Utilities | ||
| 20 | Vistra (VST) | 12.7% | 2.1% | 40.1% | 13.8% | 6.9% | Utilities | ||
| 21 | Entergy (ETR) | 43.3% | 22.6% | 44.5% | 13.6% | -22.6% | Utilities | ||
| 22 | PPL (PPL) | 35.2% | 23.5% | 40.9% | 13.1% | -17.4% | Utilities | ||
| 23 | Constellation Energy (CEG) | 77.9% | 16.6% | 23.6% | 12.7% | 3.8% | Utilities | ||
| 24 | Black Hills (BKH) | 35.7% | 23.3% | 36.3% | 12.6% | -13.7% | Utilities | ||
| 25 | Eversource Energy (ES) | 39.9% | 22.5% | 40.4% | 12.5% | 1.7% | Utilities | ||
| 26 | CMS Energy (CMS) | 64.6% | 19.5% | 36.6% | 12.5% | -23.1% | Utilities | ||
| 27 | Consolidated Edison (ED) | 65.0% | 17.3% | 40.5% | 12.5% | 16.4% | Utilities | ||
| 28 | Pinnacle West Capital (PNW) | 40.7% | 27.5% | 40.0% | 12.0% | -18.2% | Utilities | ||
| 29 | California Water Service Group (CWT) | 42.6% | 15.7% | 32.6% | 11.8% | -22.0% | Utilities | ||
| 30 | PG&E (PCG) | 45.9% | 19.4% | 40.8% | 11.4% | -16.3% | Utilities | ||
| 31 | CenterPoint Energy (CNP) | 41.3% | 22.5% | 40.7% | 11.4% | -28.4% | Utilities | ||
| 32 | Exelon (EXC) | 24.1% | 21.0% | 36.0% | 11.2% | -8.7% | Utilities | ||
| 33 | Avista (AVA) | 56.1% | 18.9% | 34.7% | 10.7% | -8.0% | Utilities | ||
| 34 | AES (AES) | 19.3% | 16.5% | 30.1% | 10.7% | -11.8% | Utilities | ||
| 35 | Northwest Natural Holding (NWN) | 42.3% | 31.3% | 37.7% | 9.6% | -21.2% | Utilities | ||
| 36 | UGI (UGI) | 46.1% | 13.3% | 19.9% | 8.7% | 3.2% | Utilities | ||
| 37 | DTE Energy (DTE) | 39.4% | 12.5% | 26.5% | 7.7% | -9.0% | Utilities | ||
| 38 | FirstEnergy (FE) | 53.8% | 18.7% | 28.9% | 6.9% | 11.6% | Utilities | ||
| 39 | Algonquin Power & Utilities (AQN) | 72.6% | 20.1% | 38.1% | 6.7% | -4.4% | Utilities | ||
| 40 | NRG Energy (NRG) | 17.1% | 3.0% | 7.9% | 0.7% | -1.1% | Utilities |
- 1NextEra Energy (NEE)29.0%
- 2Atmos Energy (ATO)27.6%
- 3GE Vernova (GEV)23.8%
- 7Alliant Energy (LNT)18.6%
- 9Ameren (AEE)17.2%
- 10Dominion Energy (D)16.9%
- 12WEC Energy Group (WEC)16.2%
- 13New Jersey Resources (NJR)15.4%
- 14Duke Energy (DUK)15.4%
- 15Sempra (SRE)15.2%
- 16Evergy (EVRG)14.7%
- 17Southern Company (SO)14.5%
- 18Xcel Energy (XEL)14.1%
- 19NiSource (NI)14.1%
- 20Vistra (VST)13.8%
- 21Entergy (ETR)13.6%
- 22PPL (PPL)13.1%
- 23Constellation Energy (CEG)12.7%
- 24Black Hills (BKH)12.6%
- 25Eversource Energy (ES)12.5%
- 26CMS Energy (CMS)12.5%
- 27Consolidated Edison (ED)12.5%
- 28Pinnacle West Capital (PNW)12.0%
- 30PG&E (PCG)11.4%
- 31CenterPoint Energy (CNP)11.4%
- 32Exelon (EXC)11.2%
- 33Avista (AVA)10.7%
- 34AES (AES)10.7%
- 36UGI (UGI)8.7%
- 37DTE Energy (DTE)7.7%
- 38FirstEnergy (FE)6.9%
- 40NRG Energy (NRG)0.7%
How TTM margins are measured
Margins divide a profitability line by trailing-twelve-month revenue, expressed as a percentage. Each column on this page measures a different layer of the income statement — gross strips only direct production costs; operating subtracts overhead, R&D and D&A; EBITDA adds D&A back to operating; net subtracts interest and taxes; FCF replaces accrual profit with operating cash flow minus capex. Together they describe where a business actually makes its money.
Margins make capital-light franchises directly comparable to capital-heavy ones — a software filer with a 35% operating margin runs a different model than a global retailer at 6%. To compare absolute scale instead of percentages see the revenue ranking and net income ranking. Non-USD filers are ranked on USD-translated TTM lines so peers stay comparable. Rankings USD translation methodology · IFRS IAS 21 (official)
Other rankings
Explore more company and market rankings