Utilities

Electric, gas, and water utilities

Sector classifications follow the GICS industry standard.

Companies Analyzed19 / 20in this sector

Avg FCF Margin-11.4%

Top PerformerNEE11.7%

Avg Debt/FCF483.0xacross 4 companies

FCF Margin Rankings

Companies ranked by free cash flow margin

Health grades across the sector

C1 (5%)

F18 (95%)

#	Symbol	Grade	FCF Margin	Cash Conv.	Trend	Debt/FCF	Revenue	FCF
1	NEE	C	11.7%	182.7%	improving	29.8x	$27.4B	$3.2B
2	WEC	F	5.0%	210.1%	declining	47.2x	$8.6B	$430.7M
3	SO	F	3.1%	222.4%	declining	79.6x	$26.7B	$833.0M
4	DUK	F	0.2%	272.5%	declining	1775.6x	$30.4B	$48.0M
5	EIX	F	-3.9%	—	declining	N/A	$17.6B	-$693.0M
6	PPL	F	-5.5%	263.5%	declining	N/A	$8.5B	-$465.0M
7	DTE	F	-6.6%	259.5%	declining	N/A	$12.5B	-$824.0M
8	AEP	F	-7.5%	194.0%	improving	N/A	$21.9B	-$1.6B
9	ED	F	-7.6%	198.6%	improving	N/A	$15.3B	-$1.2B
10	FE	F	-8.5%	295.6%	declining	N/A	$13.5B	-$1.1B
11	EXC	F	-9.4%	225.9%	declining	N/A	$24.3B	-$2.3B
12	PEG	F	-12.1%	120.4%	improving	N/A	$10.3B	-$1.2B
13	ETR	F	-12.5%	—	improving	N/A	$11.9B	-$1.5B
14	ES	F	-19.5%	266.1%	improving	N/A	$11.9B	-$2.3B
15	AWK	F	-20.6%	194.6%	declining	N/A	$4.7B	-$963.0M
16	CMS	F	-21.1%	208.7%	declining	N/A	$8.5B	-$1.8B
17	SRE	F	-25.1%	171.5%	declining	N/A	$13.2B	-$3.3B
18	CNP	F	-27.5%	209.9%	improving	N/A	$8.6B	-$2.4B
19	D	F	-49.7%	236.3%	improving	N/A	$14.5B	-$7.2B

Run the analyzer on these tickers to see their grades

XEL

Every single utility we analyzed earned an F. The median FCF margin is negative. This isn't a sector, it's a capital incinerator.