Last updated 2024-11-21 03:48:10 (EST)

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 tooltip

QoQ Growth Rate of Revenue0.3%
YoY Growth Rate of Revenue3.4%

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 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 0.58

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
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
107.2%132.4%
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
68.2%25.8%
EBR-B
Centrais Elétricas Brasileiras S.A. - Eletrobrás
68.2%25.8%
TLN
Talen Energy Corporation
55%39.2%
CWEN
Clearway Energy, Inc.
39.3%31%
NGG
National Grid plc
38.4%-1.3%
VST
Vistra Corp.
23.1%53.9%
BEP
Brookfield Renewable Partners L.P.
13.5%24.7%
NEE
NextEra Energy, Inc.
10.4%5.5%
NI
NiSource Inc.
9%4.8%
NIMC
NiSource Inc.
9%4.8%
PEG
Public Service Enterprise Group Incorporated
8.4%7.6%
CEG
Constellation Energy Corporation
7.5%7.2%
AEE
Ameren Corporation
6.3%5.5%
KEP
Korea Electric Power Corporation
5.9%6.7%
ES
Eversource Energy
5.8%9.7%
OGE
OGE Energy Corp.
5.6%2.1%
AGR
Avangrid, Inc.
3.8%5.5%
BIP
Brookfield Infrastructure Partners L.P.
3.7%17.5%
BIPC
Brookfield Infrastructure Corporation
3.4%65.5%
AWK
American Water Works Company, Inc.
3.2%13.4%
FTS
Fortis Inc.
3.1%1.9%
D
Dominion Energy, Inc.
2.9%3.4%
XEL
Xcel Energy Inc.
2.4%-0.5%
PNW
Pinnacle West Capital Corporation
1.8%8%
ED
Consolidated Edison, Inc.
1.7%5.7%
AES
The AES Corporation
1.3%-4.2%
AESC
The AES Corporation
1.3%-4.2%
WTRG
Essential Utilities, Inc.
1.2%5.8%
CIG-C
Companhia Energética de Minas Gerais
1%7%
AEP
American Electric Power Company, Inc.
0.3%1.5%
LNT
Alliant Energy Corporation
0.3%0.4%
RXN
Zurn Water Solutions Corporation
0.1%1.8%
CMS
CMS Energy Corporation
-4.2%
CMSC
CMS Energy Corporation 5.875% J
-4.2%
CMSD
CMS Energy Corporation 5.875% J
-4.2%
CIG
Companhia Energética de Minas Gerais
-0.5%7%
WEC
WEC Energy Group, Inc.
-1.2%-4.8%
PPL
PPL Corporation
-1.5%1.1%
FE
FirstEnergy Corp.
-3.4%6.9%
CMSA
CMS Energy Corporation 5.6% JRSUB NT 78
-3.5%4.2%
IDA
IDACORP, Inc.
-3.7%3.4%
EXC
Exelon Corporation
-3.8%2.9%
EVRG
Evergy, Inc.
-4.1%8.5%
SWX
Southwest Gas Holdings, Inc.
-4.3%-7.7%
DUK
Duke Energy Corporation
-4.4%2%
DUKB
Duke Energy Corporation 5.625%
-4.4%2%
CNP
CenterPoint Energy, Inc.
-5%-0.2%
SO
The Southern Company
-5.5%4.2%
SOJC
The Southern Company JR 2017B NT 77
-5.5%4.2%
SOJD
Southern Company (The) Series 2
-5.5%4.2%
SOJE
Southern Company (The) Series 2
-5.5%4.2%
ELC
Entergy Louisiana, LLC COLLATERAL TR MT
-6.1%-5.7%
ETR
Entergy Corporation
-6.1%-5.7%
DTE
DTE Energy Company
-7%0.6%
DTY
DTE Energy Company
-7%0.6%
PCG
PG&E Corporation
-7.1%0.9%
AQNB
Algonquin Power & Utilities Cor
-9.5%-4.5%
NRG
NRG Energy, Inc.
-9.8%-9.1%
AQNU
Algonquin Power & Utilities Corp.
-10.8%-6.6%
EIX
Edison International
-11.8%10.6%
DTG
DTE Energy Company 2021 Series
-12.9%2.1%
DTW
DTE Energy Company JR SUB DB 2017 E
-12.9%2.1%
DTB
DTE Energy Company 2020 Series
-13%2.1%
SRE
Sempra
-13.5%-16.7%
SREA
SEMPRA ENERGY
-13.5%-16.7%
ATO
Atmos Energy Corporation
-17.1%5.9%
SMR
NuScale Power Corporation
-48.8%-93.2%
DUKH
Duke Energy Corporation JR SUB DEB 73
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GEV
GE Vernova Inc.
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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.

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