Utilities - Quarterly Net Income Analysis

Last updated 2024-11-09 03:58:53 (EST)

Quarterly Net Income Trend Analysis

Overall Quarterly Net Income Growth Trend of Utilities Sector Companies.

Trend Chart of Adjusted Quarterly Net Income vs. Stock Price Trend Chart for Utilities Sector ETF (XLU)

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Seasonally Adjusted Quarterly Net Income Growth Rate


QoQ Growth Rate of Net Income	12.4%
YoY Growth Rate of Net Income	28.4%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Utilities Sector ETF (XLU) and the seasonally adjusted overall quarterly net income of Utilities sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Utilities Seasonally Adjusted Quarterly Net Income vs. Stock Price for Utilities Sector

Utilities Seasonally Adjusted Quarterly Net Income and stock price of Utilities Sector show a Low Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Utilities Seasonally Adjusted Quarterly Net Income and Stock Price

Low Correlation 0.03

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Related Stocks

Related Utilities sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker	Name	QoQ Growth Rate of Seasonally Adjusted Quarterly Revenue	YoY Growth Rate of Seasonally Adjusted Quarterly Revenue
ELC	Entergy Louisiana, LLC COLLATERAL TR MT	767.9%	-3.6%
ETR	Entergy Corporation	766.8%	-3.7%
FE	FirstEnergy Corp.	381.9%	4.8%
EBR	Centrais Elétricas Brasileiras S.A. - Eletrobrás	240%	-17.1%
EBR-B	Centrais Elétricas Brasileiras S.A. - Eletrobrás	238.3%	-17.1%
AEP	American Electric Power Company, Inc.	138.5%	-1%
NI	NiSource Inc.	127.2%	0.7%
NIMC	NiSource Inc.	127.2%	0.7%
LNT	Alliant Energy Corporation	84.9%	13.9%
VST	Vistra Corp.	73.2%	266.5%
SBS	Companhia de Saneamento Básico do Estado de São Paulo - SABESP	56.4%	62.6%
EIX	Edison International	46.4%	172.2%
CIG	Companhia Energética de Minas Gerais	32.7%	35.7%
CIG-C	Companhia Energética de Minas Gerais	32.7%	35.7%
AGR	Avangrid, Inc.	30.7%	247.5%
NEE	NextEra Energy, Inc.	20.7%	51.9%
RXN	Zurn Water Solutions Corporation	20.6%	-39.6%
SRE	Sempra	19%	3.7%
SREA	SEMPRA ENERGY	19%	3.7%
XEL	Xcel Energy Inc.	9.5%	4%
WEC	WEC Energy Group, Inc.	-0.1%	-25.1%
OGE	OGE Energy Corp.	-2.5%	-9.6%
AWK	American Water Works Company, Inc.	-4.3%	8.4%
ATO	Atmos Energy Corporation	-4.7%	20.1%
PNW	Pinnacle West Capital Corporation	-4.9%	-0.8%
EVRG	Evergy, Inc.	-5.7%	32.4%
EXC	Exelon Corporation	-5.8%	1%
AEE	Ameren Corporation	-6%	-7.5%
CMSA	CMS Energy Corporation 5.6% JRSUB NT 78	-10.9%	43.8%
CEG	Constellation Energy Corporation	-11%	64.2%
PCG	PG&E Corporation	-11.1%	65%
CMS	CMS Energy Corporation	-11.8%	43.8%
CMSC	CMS Energy Corporation 5.875% J	-11.8%	43.8%
CMSD	CMS Energy Corporation 5.875% J	-11.8%	43.8%
WTRG	Essential Utilities, Inc.	-13.3%	-13.3%
PEG	Public Service Enterprise Group Incorporated	-14.7%	274.1%
DTE	DTE Energy Company	-15.7%	43.7%
DTY	DTE Energy Company	-15.7%	43.7%
IDA	IDACORP, Inc.	-16.9%	7.9%
DTB	DTE Energy Company 2020 Series	-20.1%	43.7%
DTG	DTE Energy Company 2021 Series	-20.1%	43.7%
DTW	DTE Energy Company JR SUB DB 2017 E	-20.1%	43.7%
FTS	Fortis Inc.	-20.3%	12.2%
PPL	PPL Corporation	-28.4%	-7%
ED	Consolidated Edison, Inc.	-31.8%	-10.6%
NGG	National Grid plc	-38.4%	-38.2%
DUK	Duke Energy Corporation	-40.5%	2.3%
DUKB	Duke Energy Corporation 5.625%	-40.5%	2.3%
SO	The Southern Company	-43.9%	7.9%
SOJC	The Southern Company JR 2017B NT 77	-43.9%	7.9%
SOJD	Southern Company (The) Series 2	-43.9%	7.9%
SOJE	Southern Company (The) Series 2	-43.9%	7.9%
CNP	CenterPoint Energy, Inc.	-44.6%	-31.6%
AES	The AES Corporation	-58.2%	87%
AESC	The AES Corporation	-58.2%	87%
KEP	Korea Electric Power Corporation	-86.5%	Turn Loss into Profit
D	Dominion Energy, Inc.	-99.9%	-99.3%
AQNB	Algonquin Power & Utilities Cor	-100%	-100%
AQNU	Algonquin Power & Utilities Corp.	-100%	-100%
BEPC	Brookfield Renewable Corporation	-100%	-100%
BIP	Brookfield Infrastructure Partners L.P.	-100%	-100%
BIPC	Brookfield Infrastructure Corporation	-100%	-100%
ES	Eversource Energy	-100%	-100%
NRG	NRG Energy, Inc.	-100%	-100%
TLN	Talen Energy Corporation	-100%	-10.6%
BEP	Brookfield Renewable Partners L.P.	-	-
DUKH	Duke Energy Corporation JR SUB DEB 73	-	-
GEV	GE Vernova Inc.	-	-

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.