U.S. Markets closed

The Earnings and Valuation of the Best-Performing Utilities

Vincent Kruger
The Earnings and Valuation of the Best-Performing Utilities

In this series, we’re analyzing the S&P 500 Utilities that have generated the maximum total returns over the past five years. Utilities are generally mature companies with slow earnings growth. In comparison, the earnings of NextEra Energy (NEE), the biggest component of the Utilities Select Sector SPDR ETF (XLU), rose more than twice as much as the industry average.