U.S. Renewable Energy Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies37
- 7D1.5%
- 3M-27.5%
- 1Y-42.1%
- YTD-35.6%
Over the last 7 days, the Renewable Energy industry has risen 1.5%, driven by gains from Atlantica Sustainable Infrastructure of 8.4%. In the same time, Ormat Technologies was down 5.7%. However, the industry is down 42% over the past year. As for the next few years, earnings are expected to grow by 38% per annum.
Industry Valuation and Performance
Has the U.S. Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | US$18.6b | US$6.6b | -US$82,559,851.00 | 35.1x | -224.9x | 2.8x |
| Thu, 28 Sep 2023 | US$20.7b | US$6.5b | -US$70,760,450.00 | 38.4x | -292.4x | 3.2x |
| Sat, 26 Aug 2023 | US$23.3b | US$6.5b | -US$69,276,880.00 | 42.2x | -336.4x | 3.6x |
| Mon, 24 Jul 2023 | US$26.3b | US$6.4b | US$633.0m | 34.4x | 41.5x | 4.1x |
| Wed, 21 Jun 2023 | US$25.9b | US$6.6b | US$589.1m | 29.9x | 44x | 3.9x |
| Fri, 19 May 2023 | US$25.7b | US$6.5b | US$547.7m | 27.6x | 46.9x | 3.9x |
| Sun, 16 Apr 2023 | US$26.5b | US$6.3b | US$790.1m | 13.7x | 33.6x | 4.2x |
| Tue, 14 Mar 2023 | US$25.9b | US$6.3b | US$769.9m | 24.2x | 33.7x | 4.1x |
| Thu, 09 Feb 2023 | US$29.6b | US$6.2b | US$718.5m | 28.2x | 41.1x | 4.7x |
| Sat, 07 Jan 2023 | US$28.6b | US$6.2b | US$674.8m | 28.9x | 42.4x | 4.6x |
| Mon, 05 Dec 2022 | US$31.0b | US$6.6b | -US$3,595,017,647.00 | 30.5x | -8.6x | 4.7x |
| Wed, 02 Nov 2022 | US$30.8b | US$6.1b | US$696.0m | 15.5x | 44.2x | 5x |
| Fri, 30 Sep 2022 | US$30.5b | US$6.0b | US$666.4m | 17.6x | 45.7x | 5.1x |
| Sun, 28 Aug 2022 | US$28.1b | US$4.8b | US$109.1m | 19.1x | 257.3x | 5.8x |
| Tue, 26 Jul 2022 | US$24.4b | US$4.6b | US$51.9m | 18.2x | 470.5x | 5.3x |
| Thu, 23 Jun 2022 | US$23.9b | US$4.5b | -US$245,665,522.00 | 59.7x | -97.2x | 5.3x |
| Sat, 21 May 2022 | US$24.1b | US$4.5b | -US$244,020,176.00 | 65.6x | -98.8x | 5.4x |
| Mon, 18 Apr 2022 | US$25.5b | US$4.4b | -US$266,695,758.00 | 78.2x | -95.6x | 5.8x |
| Wed, 16 Mar 2022 | US$26.7b | US$4.3b | -US$290,812,926.00 | 70.7x | -91.7x | 6.1x |
| Fri, 11 Feb 2022 | US$24.3b | US$4.3b | -US$370,825,200.00 | 59x | -65.6x | 5.7x |
| Sun, 09 Jan 2022 | US$26.1b | US$4.3b | -US$296,051,652.00 | 66.6x | -88.3x | 6.1x |
| Tue, 07 Dec 2021 | US$27.2b | US$4.2b | -US$304,994,863.00 | 69.8x | -89.3x | 6.5x |
| Thu, 04 Nov 2021 | US$28.9b | US$4.1b | -US$95,313,055.00 | 64.3x | -303.6x | 7.1x |
| Sat, 02 Oct 2021 | US$22.2b | US$3.4b | US$11.7m | 58.3x | 1897.8x | 6.5x |
| Mon, 30 Aug 2021 | US$21.1b | US$3.4b | -US$10,186,490.67 | 60.9x | -2069.1x | 6.2x |
| Tue, 06 Jul 2021 | US$21.2b | US$3.4b | -US$10,186,490.67 | 60.2x | -2077.3x | 6.2x |
| Fri, 09 Apr 2021 | US$22.3b | US$3.3b | US$151.1m | 58.9x | 147.5x | 6.8x |
| Thu, 31 Dec 2020 | US$21.1b | US$3.1b | -US$271,114,096.46 | 43.3x | -78x | 6.8x |
Price to Earnings Ratio
-90.7x
Current Industry PE
- Investors are pessimistic on the American Renewable Electricity industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have improved over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does U.S. Renewable Energy compare with similar industries?
| US Market | -2.42% | |
| Utilities | 0.86% | |
| Renewable Energy | 2.31% | |
| Renewable Energy | 1.47% | |
| Independent Power Producers and Energy Traders | 2.94% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AY Atlantica Sustainable Infrastructure | US$18.18 | 8.4% +US$163.8m | -34.4% | PE139.4x | |
| CWEN.A Clearway Energy | US$20.38 | 2.8% +US$64.3m | -37.0% | PE29.1x | |
| NOVA Sunnova Energy International | US$8.79 | 2.2% +US$31.1m | -52.6% | PS1.5x | |
| MNTK Montauk Renewables | US$9.91 | 0.7% +US$9.9m | -33.8% | PE97.7x | |
| AMPS Altus Power | US$5.13 | 0.6% +US$4.8m | -48.5% | PS6.1x |