Top Companies by Operating Income in Utilities
Largest public companies ranked by operating income in Utilities on a trailing twelve months basis. Compare top issuers, sector peers and historical context on…
How TTM operating income is measured
Trailing twelve months (TTM) operating income — also called operating profit or EBIT — is revenue minus cost of goods sold and minus operating expenses (SG&A, R&D, depreciation), summed across the most recent four fiscal quarters. It measures what the core business earns before interest and taxes, before any financing decisions distort the result.
Operating income sits between gross profit (which strips only direct costs) and net income (which subtracts interest and taxes too). Compared to EBITDA, it includes depreciation and amortization, so capex-heavy and asset-light businesses are not treated equally. Figures are sourced from the latest filed income statements and 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 Operating Income — Utilities
- Duke Energy
DUK
- Sector
- Utilities
- Operating Income
- $8.60B
- As of
- Sector
- Utilities
- Operating Income
- $8.23B
- As of
- Sector
- Utilities
- Operating Income
- $7.28B
- As of
- Sector
- Utilities
- Operating Income
- $5.30B
- As of
- Exelon
EXC
- Sector
- Utilities
- Operating Income
- $5.14B
- As of
- PG&E
PCG
- Sector
- Utilities
- Operating Income
- $5.00B
- As of
- Sector
- Utilities
- Operating Income
- $4.41B
- As of
- Sector
- Utilities
- Operating Income
- $4.18B
- As of
- Sempra
SRE
- Sector
- Utilities
- Operating Income
- $3.28B
- As of
- Entergy
ETR
- Sector
- Utilities
- Operating Income
- $3.13B
- As of
- Sector
- Utilities
- Operating Income
- $3.09B
- As of
- Sector
- Utilities
- Operating Income
- $2.99B
- As of
- Sector
- Utilities
- Operating Income
- $2.98B
- As of
- Sector
- Utilities
- Operating Income
- $2.93B
- As of
- Sector
- Utilities
- Operating Income
- $2.91B
- As of
- Xcel Energy
XEL
- Sector
- Utilities
- Operating Income
- $2.88B
- As of
- Sector
- Utilities
- Operating Income
- $2.37B
- As of
- DTE Energy
DTE
- Sector
- Utilities
- Operating Income
- $2.25B
- As of
- PPL
PPL
- Sector
- Utilities
- Operating Income
- $2.13B
- As of
- Sector
- Utilities
- Operating Income
- $2.12B
- As of
- Ameren
AEE
- Sector
- Utilities
- Operating Income
- $2.03B
- As of
- Sector
- Utilities
- Operating Income
- $1.88B
- As of
- NRG Energy
NRG
- Sector
- Utilities
- Operating Income
- $1.85B
- As of
- NiSource
NI
- Sector
- Utilities
- Operating Income
- $1.84B
- As of
- AES
AES
- Sector
- Utilities
- Operating Income
- $1.83B
- As of
- CMS Energy
CMS
- Sector
- Utilities
- Operating Income
- $1.72B
- As of
- Atmos Energy
ATO
- Sector
- Utilities
- Operating Income
- $1.62B
- As of
- GE Vernova
GEV
- Sector
- Utilities
- Operating Income
- $1.52B
- As of
- Evergy
EVRG
- Sector
- Utilities
- Operating Income
- $1.49B
- As of
- Sector
- Utilities
- Operating Income
- $1.16B
- As of
- UGI
UGI
- Sector
- Utilities
- Operating Income
- $1.07B
- As of
- Sector
- Utilities
- Operating Income
- $1.02B
- As of
- Vistra
VST
- Sector
- Utilities
- Operating Income
- $976.00M
- As of
- Sector
- Utilities
- Operating Income
- $920.95M
- As of
- Black Hills
BKH
- Sector
- Utilities
- Operating Income
- $537.60M
- As of
- Sector
- Utilities
- Operating Income
- $506.00M
- As of
- Sector
- Utilities
- Operating Income
- $479.60M
- As of
- Avista
AVA
- Sector
- Utilities
- Operating Income
- $354.00M
- As of
- Sector
- Utilities
- Operating Income
- $337.90M
- As of
- Sector
- Utilities
- Operating Income
- $203.28M
- As of
- H2O America
HTO
- Sector
- Utilities
- Operating Income
- $179.47M
- As of
- MGE Energy
MGEE
- Sector
- Utilities
- Operating Income
- $170.65M
- As of
- Sector
- Utilities
- Operating Income
- $163.00M
- As of
- Middlesex Water
MSEX
- Sector
- Utilities
- Operating Income
- $54.38M
- As of
- Artesian Resources
ARTNA
- Sector
- Utilities
- Operating Income
- $31.60M
- As of