Utilities - Quarterly Revenue Analysis

Last updated 2024-09-19 04:48:24 (EDT)

Quarterly Revenue Trend Analysis

Overall Quarterly Revenue Growth Trend of Utilities Sector Companies.

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

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Seasonally Adjusted Quarterly Revenue Growth Rate


QoQ Growth Rate of Revenue	2.5%
YoY Growth Rate of Revenue	2.6%

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 revenue 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 Seasonally Adjusted Quarterly Revenue vs. Stock Price for Utilities Sector

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

The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price

Moderately Correlation 0.62

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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
VST	Vistra Corp.	37.2%	15.6%
NGG	National Grid plc	20.2%	-1.3%
D	Dominion Energy, Inc.	17.9%	-7.7%
AGR	Avangrid, Inc.	13.1%	20.9%
OGE	OGE Energy Corp.	11.2%	9.5%
TLN	Talen Energy Corporation	8.9%	-40.2%
FE	FirstEnergy Corp.	8.6%	9.1%
CEG	Constellation Energy Corporation	8.3%	-3.2%
PEG	Public Service Enterprise Group Incorporated	7.4%	-9.2%
NI	NiSource Inc.	7.4%	-0.5%
BEP	Brookfield Renewable Partners L.P.	6.9%	20.7%
EXC	Exelon Corporation	6.6%	11.3%
ETR	Entergy Corporation	5.8%	3.8%
SRE	Sempra	5.6%	-10.9%
EVRG	Evergy, Inc.	5.5%	7.2%
BIPC	Brookfield Infrastructure Corporation	4.9%	68.7%
UGI	UGI Corporation	4.2%	-16.8%
PNW	Pinnacle West Capital Corporation	4.1%	16.7%
FTS	Fortis Inc.	3.5%	2.9%
PCG	PG&E Corporation	3.1%	13.2%
AWK	American Water Works Company, Inc.	2.6%	4.7%
SO	The Southern Company	2.1%	12.4%
LNT	Alliant Energy Corporation	1.4%	-2%
RXN	Zurn Water Solutions Corporation	1.3%	1.8%
CNP	CenterPoint Energy, Inc.	1.2%	1.6%
KEP	Korea Electric Power Corporation	1.2%	4.3%
CIG	Companhia Energética de Minas Gerais	1.1%	7%
BIP	Brookfield Infrastructure Partners L.P.	0.9%	20.7%
DUK	Duke Energy Corporation	0.6%	9%
CMS	CMS Energy Corporation	0.3%	3.3%
ELP	Companhia Paranaense de Energia - COPEL	0.1%	2.2%
AEP	American Electric Power Company, Inc.	-0.1%	5.8%
SBS	Companhia de Saneamento Básico do Estado de São Paulo - SABESP	-0.1%	9.7%
AEE	Ameren Corporation	-0.2%	-3.8%
CMSA	CMS Energy Corporation 5.6% JRSUB NT 78	-0.3%	3.3%
DTB	DTE Energy Company 2020 Series	-0.3%	6.5%
DTG	DTE Energy Company 2021 Series	-0.3%	6.5%
DTW	DTE Energy Company JR SUB DB 2017 E	-0.3%	6.5%
CIG-C	Companhia Energética de Minas Gerais	-1.1%	3.3%
ES	Eversource Energy	-1.2%	-3.6%
EIX	Edison International	-1.6%	9.4%
AES	The AES Corporation	-2.7%	-2.8%
PPL	PPL Corporation	-2.7%	3.2%
NRG	NRG Energy, Inc.	-2.9%	4.7%
DTE	DTE Energy Company	-2.9%	1.8%
NEE	NextEra Energy, Inc.	-3.1%	-16.8%
WEC	WEC Energy Group, Inc.	-3.4%	-3.2%
XEL	Xcel Energy Inc.	-3.4%	0.7%
ED	Consolidated Edison, Inc.	-3.8%	9.4%
IDA	IDACORP, Inc.	-5.4%	8.3%
AQNU	Algonquin Power & Utilities Corp.	-13.1%	-6.6%
AQNB	Algonquin Power & Utilities Cor	-13.2%	-6.1%
BEPC	Brookfield Renewable Corporation	-14.8%	9.8%
ATO	Atmos Energy Corporation	-16.6%	5.9%
CWEN	Clearway Energy, Inc.	-17.1%	-9.9%
SWX	Southwest Gas Holdings, Inc.	-22%	-8.6%
WTRG	Essential Utilities, Inc.	-22.3%	-0.5%
EBR	Centrais Elétricas Brasileiras S.A. - Eletrobrás	-23.9%	-9.2%
EBR-B	Centrais Elétricas Brasileiras S.A. - Eletrobrás	-23.9%	-9.2%
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.