20-quarter listed-company comparison

Utilities - Diversified Stocks

Utilities - Diversified: Sempra owns the largest revenue base; Unitil Corporation has the fastest current growth.

01 · the industry itself · before any single company

How has Utilities - Diversified moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 36% behind S&P 500. Earnings across its companies fell 4% on average over the last four reported quarters.

BASING · 1y −9.1%✓Price down, no fundamental support0 of 6 companies ahead of S&P 500 by 5% or more over three months

RS — · 3/6 >200d (−2) · 0/6 lead (+0) · EPS 4/6↑

Utilities - Diversified, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 6 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

02 · sector relative strength, before individual stocks

Is Utilities - Diversified outperforming S&P 500?

Utilities - Diversified has underperformed S&P 500 by 7.5% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 3.8%. 0 of 6 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Brookfield Infrastructure Partners L.P. is the strongest against the sector itself at +8.9%.

-3.8%Sector vs S&P 500 · 13 weeks

-7.5%Sector vs S&P 500 · 52 weeks

0/6Stocks leading S&P 500

3/6Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Utilities - Diversified has underperformed S&P 500 by 7.5% over 52 weeks and 3.8% over 13 weeks. 0 of 6 covered companies beat the S&P 500 on Mansfield relative strength, while 3 of 6 beat the sector itself. Sempra leads with revenue of $13,555 million, based on 5 of 6 comparable companies through Mar 2026.

Companies

complete canonical membership

Combined market value

$94.3B

Sempra

Revenue growing

4/5

positive TTM year-on-year growth

Beating S&P 500

0/6

positive Mansfield relative strength

Comparing 5 of 6

03 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%

Unitil Corporation has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 75.1% evidence confidence.

Avista Corporation looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.

Brookfield Infrastructure Partners L.P. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Company	Score	Price stage	Growth & earnings/35	Capital efficiency/25	Valuation/20	Relative strength/20
1Unitil CorporationUTL	57.5/100Mixed-positive evidence75% evidence	TURNING	20.3/35 Revenue 19.5% · PAT 16.7% · OPM change -1.2 pp 83% evidence	15.6/25 ROCE 3.4% · OPM 25.8% 76% evidence	8.4/20 P/E 16.5× · PEG 2.11 65% evidence	13.2/20 RS sector 4% · RS bench -4.7% · 1Y 7.9%0 of 12 weeks ahead 70% evidence
Exact sum: 20.3 + 15.6 + 8.4 + 13.2 = 57.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Brookfield Infrastructure Partners L.P.BIP	53.0/100Thin evidence · provisional52% evidence	TURNING	15.8/35 Revenue — · PAT — · OPM change 0.5 pp 45% evidence	12.6/25 ROCE 1.4% · OPM 25.2% 76% evidence	8.5/20 P/E 58.9× · PEG — 15% evidence	16.1/20 RS sector 8.9% · RS bench -0.2% · 1Y 32.6%2 of 12 weeks ahead 70% evidence
Exact sum: 15.8 + 12.6 + 8.5 + 16.1 = 53 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3The AES CorporationAES	49.6/100Mixed-negative evidence64% evidence	BASING	20.9/35 Revenue 3% · PAT 16.9% · OPM change 6 pp 62% evidence	7.2/25 ROCE 1.4% · OPM 18.4% 76% evidence	11.5/20 P/E 7.5× · PEG — 15% evidence	10.0/20 RS sector 0.1% · RS bench -8.3% · 1Y 11.9%0 of 12 weeks ahead 100% evidence
Exact sum: 20.9 + 7.2 + 11.5 + 10 = 49.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Avista CorporationAVA	47.3/100Mixed-negative evidence81% evidence	BASING	14.3/35 Revenue -1.5% · PAT 10.2% · OPM change 3.2 pp 83% evidence	14.2/25 ROCE 1.8% · OPM 23.5% 76% evidence	13.7/20 P/E 16× · PEG 1.14 65% evidence	5.1/20 RS sector -3.7% · RS bench -11.8% · 1Y 5.1%0 of 12 weeks ahead 100% evidence
Exact sum: 14.3 + 14.2 + 13.7 + 5.1 = 47.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
5Algonquin Power & Utilities Corp.AQN	32.5/100Adverse evidence71% evidence	BASING	11.0/35 Revenue 7.2% · PAT -3.5% · OPM change -3 pp 83% evidence	8.3/25 ROCE 1.4% · OPM 22.8% 76% evidence	9.7/20 P/E 26.7× · PEG — 15% evidence	3.5/20 RS sector -6.3% · RS bench -14.2% · 1Y 1.8%0 of 12 weeks ahead 100% evidence
Exact sum: 11 + 8.3 + 9.7 + 3.5 = 32.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6SempraSRE	27.5/100Adverse evidence81% evidence	BASING	13.7/35 Revenue 1.6% · PAT -16.7% · OPM change 4.6 pp 83% evidence	9.7/25 ROCE 1.2% · OPM 29.8% 76% evidence	4.1/20 P/E 32.9× · PEG 3.45 65% evidence	0.0/20 RS sector -6.5% · RS bench -14.4% · 1Y 6%0 of 12 weeks ahead 100% evidence
Exact sum: 13.7 + 9.7 + 4.1 + 0 = 27.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

04 · what price has already done

Market action

Brookfield Infrastructure Partners L.P. has the strongest one-year price move in Utilities - Diversified at +32.6%. It also leads on Mansfield relative strength against the S&P 500 at -0.2%. 0 of 6 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.

Price and relative strength

Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Revenue Scale & Growth Durability

Sempra has the highest Revenue among the 6 Utilities - Diversified companies compared here, at $13,555 million. The AES Corporation is next at $12,487 million. Unitil Corporation has the highest Revenue growth at 19.5%, so level and change sit with different companies. 5 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sempra is the scale leader at $13,555 million, 8.6% ahead of The AES Corporation. Unitil Corporation's growth is 19.5% from a $583 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderSempra · $13,555 million

Gap8.6% versus #2 · The AES Corporation

Persistence3/8 recent comparable periods

Coverage5/6 companies · 114 observations

Investor read: Sempra is the scale benchmark; Unitil Corporation is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Sempra's growth falls below Unitil Corporation's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenuelargest

1Sempra SRE$13.6B

2The AES Corporation AES$12.5B

3Algonquin Power & Utilities Corp. AQN$2.5B

4Avista Corporation AVA$1.9B

5Unitil Corporation UTL$583M

Revenue growthfastest growers

1Unitil Corporation UTL20%

2Algonquin Power & Utilities Corp. AQN7.2%

3The AES Corporation AES3.0%

4Sempra SRE1.6%

5Avista Corporation AVA-1.5%

Revenue · company comparison

5/6 level · 5/6 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Revenue	Revenue growth	Reported
Brookfield Infrastructure Partners L.P. BIP	$6.3B	17%	Jun 2026
Sempra SRE	$3.7B	-3.9%	Mar 2026
The AES Corporation AES	$3.2B	8.7%	Mar 2026
Algonquin Power & Utilities Corp. AQN	$792M	14%	Mar 2026
Avista Corporation AVA	$570M	-7.6%	Mar 2026
Unitil Corporation UTL	$217M	27%	Mar 2026

Full 20-quarter history · every available company

Revenue · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 2021$529M

Dec 2021$584M

Mar 2022$733M

Jun 2022$619M

Sep 2022$664M

Dec 2022$748M

Mar 2023$779M

Jun 2023$628M

Sep 2023$565M

Dec 2023$586M

Mar 2024$646M

Jun 2024$515M

Sep 2024$573M

Dec 2024$585M

Mar 2025$692M

Jun 2025$528M

Sep 2025$583M

Dec 2025$631M

Mar 2026$792M

Jun 2026—

Avista Corporation · AVA

Sep 2021$296M

Dec 2021$432M

Mar 2022$462M

Jun 2022$379M

Sep 2022$359M

Dec 2022$510M

Mar 2023$475M

Jun 2023$380M

Sep 2023$380M

Dec 2023$518M

Mar 2024$609M

Jun 2024$402M

Sep 2024$394M

Dec 2024$533M

Mar 2025$617M

Jun 2025$411M

Sep 2025$403M

Dec 2025$533M

Mar 2026$570M

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 2021$2.9B

Dec 2021$3.3B

Mar 2022$3.4B

Jun 2022$3.7B

Sep 2022$3.6B

Dec 2022$3.7B

Mar 2023$4.2B

Jun 2023$4.3B

Sep 2023$4.5B

Dec 2023$5.0B

Mar 2024$5.2B

Jun 2024$5.1B

Sep 2024$5.3B

Dec 2024$5.4B

Mar 2025$5.4B

Jun 2025$5.4B

Sep 2025$6.0B

Dec 2025$6.3B

Mar 2026$6.3B

Jun 2026—

Sempra · SRE

Sep 2021$3.0B

Dec 2021$3.8B

Mar 2022$3.8B

Jun 2022$3.5B

Sep 2022$3.6B

Dec 2022$3.5B

Mar 2023$6.6B

Jun 2023$3.3B

Sep 2023$3.3B

Dec 2023$3.5B

Mar 2024$3.6B

Jun 2024$3.0B

Sep 2024$2.8B

Dec 2024$3.8B

Mar 2025$3.8B

Jun 2025$3.0B

Sep 2025$3.2B

Dec 2025$3.7B

Mar 2026$3.7B

Jun 2026—

The AES Corporation · AES

Sep 2021$3.0B

Dec 2021$2.8B

Mar 2022$2.9B

Jun 2022$3.1B

Sep 2022$3.6B

Dec 2022$3.1B

Mar 2023$3.2B

Jun 2023$3.0B

Sep 2023$3.4B

Dec 2023$3.0B

Mar 2024$3.1B

Jun 2024$2.9B

Sep 2024$3.3B

Dec 2024$3.0B

Mar 2025$2.9B

Jun 2025$2.9B

Sep 2025$3.4B

Dec 2025$3.1B

Mar 2026$3.2B

Jun 2026—

Unitil Corporation · UTL

Sep 2021$98M

Dec 2021$140M

Mar 2022$193M

Jun 2022$99M

Sep 2022$110M

Dec 2022$162M

Mar 2023$220M

Jun 2023$103M

Sep 2023$104M

Dec 2023$130M

Mar 2024$179M

Jun 2024$96M

Sep 2024$93M

Dec 2024$128M

Mar 2025$171M

Jun 2025$103M

Sep 2025$101M

Dec 2025$162M

Mar 2026$217M

Jun 2026—

Revenue growth · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202217%

Sep 202226%

Dec 202228%

Mar 20236.3%

Jun 20231.5%

Sep 2023-15%

Dec 2023-22%

Mar 2024-17%

Jun 2024-18%

Sep 20241.4%

Dec 2024-0.2%

Mar 20257.1%

Jun 20252.5%

Sep 20251.8%

Dec 20257.9%

Mar 202614%

Jun 2026—

Avista Corporation · AVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202227%

Sep 202221%

Dec 202218%

Mar 20232.8%

Jun 20230.3%

Sep 20235.9%

Dec 20231.6%

Mar 202428%

Jun 20245.8%

Sep 20243.7%

Dec 20242.9%

Mar 20251.3%

Jun 20252.2%

Sep 20252.3%

Dec 20250.0%

Mar 2026-7.6%

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202238%

Sep 202223%

Dec 202214%

Mar 202324%

Jun 202316%

Sep 202324%

Dec 202334%

Mar 202423%

Jun 202421%

Sep 202417%

Dec 20249.5%

Mar 20254.0%

Jun 20255.7%

Sep 202513%

Dec 202516%

Mar 202617%

Jun 2026—

Sempra · SRE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202229%

Sep 202220%

Dec 2022-10%

Mar 202372%

Jun 2023-6.0%

Sep 2023-7.8%

Dec 20231.0%

Mar 2024-45%

Jun 2024-9.7%

Sep 2024-17%

Dec 20247.7%

Mar 20254.5%

Jun 2025-0.4%

Sep 202514%

Dec 2025-0.2%

Mar 2026-3.9%

Jun 2026—

The AES Corporation · AES

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202214%

Sep 202219%

Dec 202210%

Mar 202314%

Jun 2023-1.7%

Sep 2023-5.3%

Dec 2023-3.0%

Mar 2024-4.8%

Jun 2024-2.8%

Sep 2024-4.2%

Dec 2024-0.2%

Mar 2025-5.2%

Jun 2025-3.0%

Sep 20251.9%

Dec 20254.7%

Mar 20268.7%

Jun 2026—

Unitil Corporation · UTL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 20222.1%

Sep 202212%

Dec 202216%

Mar 202314%

Jun 20234.0%

Sep 2023-5.5%

Dec 2023-20%

Mar 2024-19%

Jun 2024-6.8%

Sep 2024-11%

Dec 2024-1.5%

Mar 2025-4.5%

Jun 20257.3%

Sep 20258.6%

Dec 202527%

Mar 202627%

Jun 2026—

06 · compare level, then change

Operating Economics & Margin Trend

Sempra has the highest OPM among the 6 Utilities - Diversified companies compared here, at 29.8%. Unitil Corporation is next at 25.8%. The AES Corporation has the highest Margin change at +6 percentage points, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sempra leads opm at 29.8%; The AES Corporation leads margin change at +6 percentage points.

LeaderSempra · 29.8%

Gap15.5% versus #2 · Unitil Corporation

Persistence4/8 recent comparable periods

Coverage6/6 companies · 114 observations

Investor read: Sempra sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

OPMhighest

1Sempra SRE30%

2Unitil Corporation UTL26%

3Brookfield Infrastructure Partners L.P. BIP25%

4Avista Corporation AVA24%

5Algonquin Power & Utilities Corp. AQN23%

Margin changefastest expanders

1The AES Corporation AES+6.0 pp

2Sempra SRE+4.6 pp

3Avista Corporation AVA+3.2 pp

4Brookfield Infrastructure Partners L.P. BIP+0.5 pp

5Unitil Corporation UTL−1.2 pp

Operating margin · company comparison

6/6 level · 6/6 change

All-company data · latest reported quarter

Company	OPM	Margin change	Reported
Sempra SRE	30%	+4.6 pp	Mar 2026
Unitil Corporation UTL	26%	−1.2 pp	Mar 2026
Brookfield Infrastructure Partners L.P. BIP	25%	+0.5 pp	Jun 2026
Avista Corporation AVA	24%	+3.2 pp	Mar 2026
Algonquin Power & Utilities Corp. AQN	23%	−3.0 pp	Mar 2026
The AES Corporation AES	18%	+6.0 pp	Mar 2026

Full 20-quarter history · every available company

OPM · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 202122%

Dec 202122%

Mar 202219%

Jun 202217%

Sep 202220%

Dec 20223.1%

Mar 202318%

Jun 202315%

Sep 202322%

Dec 202318%

Mar 202422%

Jun 202417%

Sep 202419%

Dec 202418%

Mar 202526%

Jun 202512%

Sep 202526%

Dec 202518%

Mar 202623%

Jun 2026—

Avista Corporation · AVA

Sep 20218.2%

Dec 202116%

Mar 202218%

Jun 20226.4%

Sep 20225.4%

Dec 202212%

Mar 202316%

Jun 202312%

Sep 202310%

Dec 202319%

Mar 202417%

Jun 202414%

Sep 202412%

Dec 202419%

Mar 202520%

Jun 202514%

Sep 202515%

Dec 202521%

Mar 202624%

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 202124%

Dec 202124%

Mar 202223%

Jun 202223%

Sep 202226%

Dec 202225%

Mar 202321%

Jun 202320%

Sep 202322%

Dec 202326%

Mar 202423%

Jun 202423%

Sep 202424%

Dec 202425%

Mar 202525%

Jun 202524%

Sep 202524%

Dec 202527%

Mar 202625%

Jun 2026—

Sempra · SRE

Sep 2021-35%

Dec 202123%

Mar 202222%

Jun 202218%

Sep 202213%

Dec 202211%

Mar 202325%

Jun 202324%

Sep 202318%

Dec 202320%

Mar 202425%

Jun 202419%

Sep 202416%

Dec 202428%

Mar 202525%

Jun 202520%

Sep 202516%

Dec 202528%

Mar 202630%

Jun 2026—

The AES Corporation · AES

Sep 202124%

Dec 202119%

Mar 202217%

Jun 202217%

Sep 202223%

Dec 202217%

Mar 202317%

Jun 202314%

Sep 202325%

Dec 202315%

Mar 202418%

Jun 202417%

Sep 202420%

Dec 202411%

Mar 202512%

Jun 202514%

Sep 202521%

Dec 202517%

Mar 202618%

Jun 2026—

Unitil Corporation · UTL

Sep 20217.3%

Dec 202119%

Mar 202219%

Jun 202212%

Sep 20226.5%

Dec 202216%

Mar 202318%

Jun 202311%

Sep 20237.7%

Dec 202322%

Mar 202425%

Jun 202413%

Sep 20246.2%

Dec 202422%

Mar 202527%

Jun 202513%

Sep 20256.9%

Dec 202522%

Mar 202626%

Jun 2026—

Margin change · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+1.1 pp

Sep 2022−1.2 pp

Dec 2022−18.8 pp

Mar 2023−0.4 pp

Jun 2023−2.4 pp

Sep 2023+1.9 pp

Dec 2023+15.0 pp

Mar 2024+3.9 pp

Jun 2024+1.7 pp

Sep 2024−2.8 pp

Dec 20240.0 pp

Mar 2025+3.6 pp

Jun 2025−4.3 pp

Sep 2025+6.3 pp

Dec 2025−0.5 pp

Mar 2026−3.0 pp

Jun 2026—

Avista Corporation · AVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−4.2 pp

Sep 2022−2.8 pp

Dec 2022−3.9 pp

Mar 2023−1.9 pp

Jun 2023+5.1 pp

Sep 2023+4.6 pp

Dec 2023+6.8 pp

Mar 2024+0.5 pp

Jun 2024+2.2 pp

Sep 2024+2.4 pp

Dec 2024−0.1 pp

Mar 2025+3.7 pp

Jun 2025+0.2 pp

Sep 2025+2.5 pp

Dec 2025+1.9 pp

Mar 2026+3.2 pp

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−0.7 pp

Sep 2022+1.6 pp

Dec 2022+1.1 pp

Mar 2023−2.0 pp

Jun 2023−3.0 pp

Sep 2023−3.2 pp

Dec 2023+1.4 pp

Mar 2024+1.7 pp

Jun 2024+2.4 pp

Sep 2024+1.5 pp

Dec 2024−1.2 pp

Mar 2025+2.0 pp

Jun 2025+1.6 pp

Sep 2025+0.4 pp

Dec 2025+2.0 pp

Mar 2026+0.5 pp

Jun 2026—

Sempra · SRE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+1.0 pp

Sep 2022+48.4 pp

Dec 2022−12.8 pp

Mar 2023+2.7 pp

Jun 2023+6.2 pp

Sep 2023+5.4 pp

Dec 2023+9.0 pp

Mar 2024−0.1 pp

Jun 2024−4.7 pp

Sep 2024−2.3 pp

Dec 2024+8.3 pp

Mar 2025+0.5 pp

Jun 2025+0.5 pp

Sep 2025−0.3 pp

Dec 2025−0.1 pp

Mar 2026+4.6 pp

Jun 2026—

The AES Corporation · AES

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−8.5 pp

Sep 2022−0.5 pp

Dec 2022−2.4 pp

Mar 2023−0.2 pp

Jun 2023−2.7 pp

Sep 2023+1.7 pp

Dec 2023−2.0 pp

Mar 2024+1.0 pp

Jun 2024+2.5 pp

Sep 2024−4.7 pp

Dec 2024−3.4 pp

Mar 2025−5.2 pp

Jun 2025−2.4 pp

Sep 2025+0.4 pp

Dec 2025+5.4 pp

Mar 2026+6.0 pp

Jun 2026—

Unitil Corporation · UTL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+0.8 pp

Sep 2022−0.8 pp

Dec 2022−3.0 pp

Mar 2023−0.7 pp

Jun 2023−0.6 pp

Sep 2023+1.2 pp

Dec 2023+5.6 pp

Mar 2024+6.8 pp

Jun 2024+1.6 pp

Sep 2024−1.5 pp

Dec 2024+0.6 pp

Mar 2025+2.3 pp

Jun 20250.0 pp

Sep 2025+0.7 pp

Dec 2025−0.6 pp

Mar 2026−1.2 pp

Jun 2026—

07 · compare level, then change

Profit Scale & Acceleration

Sempra has the highest Net profit among the 6 Utilities - Diversified companies compared here, at $2,886 million. The AES Corporation is next at $395 million. Unitil Corporation has the highest Profit growth at 16.7%, so level and change sit with different companies. 5 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sempra leads with $2,886 million of TTM profit, 630.6% above The AES Corporation. Unitil Corporation shows 16.7% growth from a $56 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderSempra · $2,886 million

Gap630.6% versus #2 · The AES Corporation

Persistence5/8 recent comparable periods

Coverage5/6 companies · 114 observations

Investor read: Sempra sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profitlargest

1Sempra SRE$2.9B

2The AES Corporation AES$395M

3Avista Corporation AVA$206M

4Algonquin Power & Utilities Corp. AQN$136M

5Unitil Corporation UTL$56M

Profit growthfastest growers

1Unitil Corporation UTL17%

2Avista Corporation AVA10%

3Algonquin Power & Utilities Corp. AQN-3.6%

4Sempra SRE-17%

Net profit · company comparison

5/6 level · 4/6 change

All-company data · latest reported quarter

Company	Net profit	Profit growth	Reported
Sempra SRE	$1.2B	25%	Mar 2026
Brookfield Infrastructure Partners L.P. BIP	$148M	-72%	Jun 2026
Avista Corporation AVA	$92M	16%	Mar 2026
Algonquin Power & Utilities Corp. AQN	$68M	-13%	Mar 2026
Unitil Corporation UTL	$33M	18%	Mar 2026
The AES Corporation AES	$-8M	-183%	Mar 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 2021$-39M

Dec 2021$144M

Mar 2022$53M

Jun 2022$-62M

Sep 2022$-207M

Dec 2022$-91M

Mar 2023$250M

Jun 2023$-262M

Sep 2023$-174M

Dec 2023$162M

Mar 2024$-73M

Jun 2024$157M

Sep 2024$33M

Dec 2024$-127M

Mar 2025$78M

Jun 2025$-1M

Sep 2025$59M

Dec 2025$10M

Mar 2026$68M

Jun 2026—

Avista Corporation · AVA

Sep 2021$14M

Dec 2021$51M

Mar 2022$72M

Jun 2022$11M

Sep 2022$-6M

Dec 2022$78M

Mar 2023$55M

Jun 2023$17M

Sep 2023$15M

Dec 2023$84M

Mar 2024$71M

Jun 2024$23M

Sep 2024$18M

Dec 2024$67M

Mar 2025$79M

Jun 2025$14M

Sep 2025$29M

Dec 2025$71M

Mar 2026$92M

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 2021$536M

Dec 2021$380M

Mar 2022$294M

Jun 2022$425M

Sep 2022$361M

Dec 2022$295M

Mar 2023$143M

Jun 2023$773M

Sep 2023$256M

Dec 2023$276M

Mar 2024$814M

Jun 2024$184M

Sep 2024$234M

Dec 2024$451M

Mar 2025$526M

Jun 2025$252M

Sep 2025$750M

Dec 2025$1.0B

Mar 2026$148M

Jun 2026—

Sempra · SRE

Sep 2021$-632M

Dec 2021$820M

Mar 2022$657M

Jun 2022$659M

Sep 2022$561M

Dec 2022$529M

Mar 2023$1.2B

Jun 2023$736M

Sep 2023$854M

Dec 2023$847M

Mar 2024$881M

Jun 2024$871M

Sep 2024$629M

Dec 2024$1.0B

Mar 2025$919M

Jun 2025$519M

Sep 2025$52M

Dec 2025$1.2B

Mar 2026$1.2B

Jun 2026—

The AES Corporation · AES

Sep 2021$510M

Dec 2021$-513M

Mar 2022$-33M

Jun 2022$5M

Sep 2022$-26M

Dec 2022$-17M

Mar 2023$-4M

Jun 2023$-25M

Sep 2023$277M

Dec 2023$-639M

Mar 2024$-15M

Jun 2024$3M

Sep 2024$213M

Dec 2024$156M

Mar 2025$-34M

Jun 2025$-22M

Sep 2025$555M

Dec 2025$-130M

Mar 2026$-8M

Jun 2026—

Unitil Corporation · UTL

Sep 2021$0M

Dec 2021$15M

Mar 2022$22M

Jun 2022$5M

Sep 2022$1M

Dec 2022$15M

Mar 2023$24M

Jun 2023$4M

Sep 2023$1M

Dec 2023$16M

Mar 2024$27M

Jun 2024$4M

Sep 2024$0M

Dec 2024$16M

Mar 2025$28M

Jun 2025$4M

Sep 2025$0M

Dec 2025$19M

Mar 2026$33M

Jun 2026—

Profit growth · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-173%

Sep 2022—

Dec 2022-163%

Mar 2023372%

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024-129%

Jun 2024—

Sep 2024—

Dec 2024-178%

Mar 2025—

Jun 2025-101%

Sep 202579%

Dec 2025—

Mar 2026-13%

Jun 2026—

Avista Corporation · AVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-21%

Sep 2022-143%

Dec 202253%

Mar 2023-24%

Jun 202355%

Sep 2023—

Dec 20237.7%

Mar 202429%

Jun 202435%

Sep 202420%

Dec 2024-20%

Mar 202511%

Jun 2025-39%

Sep 202561%

Dec 20256.0%

Mar 202616%

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-67%

Sep 2022-33%

Dec 2022-22%

Mar 2023-51%

Jun 202382%

Sep 2023-29%

Dec 2023-6.4%

Mar 2024469%

Jun 2024-76%

Sep 2024-8.6%

Dec 202463%

Mar 2025-35%

Jun 202537%

Sep 2025221%

Dec 2025123%

Mar 2026-72%

Jun 2026—

Sempra · SRE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202245%

Sep 2022—

Dec 2022-35%

Mar 202378%

Jun 202312%

Sep 202352%

Dec 202360%

Mar 2024-25%

Jun 202418%

Sep 2024-26%

Dec 202424%

Mar 20254.3%

Jun 2025-40%

Sep 2025-92%

Dec 202511%

Mar 202625%

Jun 2026—

The AES Corporation · AES

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022-105%

Dec 2022—

Mar 2023—

Jun 2023-600%

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024-23%

Dec 2024—

Mar 2025—

Jun 2025-833%

Sep 2025161%

Dec 2025-183%

Mar 2026—

Jun 2026—

Unitil Corporation · UTL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202267%

Sep 2022—

Dec 20220.0%

Mar 20239.1%

Jun 2023-20%

Sep 20230.0%

Dec 20236.7%

Mar 202413%

Jun 20240.0%

Sep 2024-100%

Dec 20240.0%

Mar 20253.7%

Jun 20250.0%

Sep 2025—

Dec 202519%

Mar 202618%

Jun 2026—

08 · compare level, then change

Return On Capital Employed

Unitil Corporation has the highest ROCE among the 6 Utilities - Diversified companies compared here, at 3.4%. Avista Corporation is next at 1.8%. The AES Corporation has the highest ROCE change at +0.5 percentage points, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Unitil Corporation leads ROCE at 3.4%, 1.6 percentage points above Avista Corporation. The AES Corporation has the strongest latest improvement at +0.5 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderUnitil Corporation · 3.4%

Gap88.9% versus #2 · Avista Corporation

Persistence2/8 recent comparable periods

Coverage6/6 companies · 115 observations

Investor read: Unitil Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

ROCEhighest

1Unitil Corporation UTL3.4%

2Avista Corporation AVA1.8%

3The AES Corporation AES1.4%

4Algonquin Power & Utilities Corp. AQN1.4%

5Brookfield Infrastructure Partners L.P. BIP1.4%

ROCE changefastest improvers

1The AES Corporation AES+0.5 pp

2Unitil Corporation UTL+0.3 pp

3Algonquin Power & Utilities Corp. AQN+0.2 pp

4Avista Corporation AVA+0.1 pp

5Sempra SRE+0.1 pp

Return on capital · company comparison

6/6 level · 6/6 change

All-company data · latest reported quarter

Company	ROCE	ROCE change	Reported
Unitil Corporation UTL	3.4%	+0.3 pp	Mar 2026
Avista Corporation AVA	1.8%	+0.1 pp	Mar 2026
Brookfield Infrastructure Partners L.P. BIP	1.4%	0.0 pp	Jun 2026
The AES Corporation AES	1.4%	+0.5 pp	Mar 2026
Algonquin Power & Utilities Corp. AQN	1.4%	+0.2 pp	Mar 2026
Sempra SRE	1.2%	+0.1 pp	Mar 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 20210.9%

Dec 20210.9%

Mar 20220.9%

Jun 20220.7%

Sep 20220.9%

Dec 20220.1%

Mar 20230.9%

Jun 20230.6%

Sep 20230.8%

Dec 20230.6%

Mar 20240.9%

Jun 20240.5%

Sep 20240.7%

Dec 20240.7%

Mar 20251.2%

Jun 20250.4%

Sep 20251.0%

Dec 20250.8%

Mar 20261.4%

Jun 2026—

Avista Corporation · AVA

Sep 20210.4%

Dec 20211.2%

Mar 20221.3%

Jun 20220.4%

Sep 20220.3%

Dec 20221.0%

Mar 20231.2%

Jun 20230.7%

Sep 20230.6%

Dec 20231.5%

Mar 20241.5%

Jun 20240.8%

Sep 20240.7%

Dec 20241.4%

Mar 20251.7%

Jun 20250.8%

Sep 20250.8%

Dec 20251.5%

Mar 20261.8%

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 20211.2%

Dec 20211.3%

Mar 20221.3%

Jun 20221.5%

Sep 20221.5%

Dec 20221.4%

Mar 20231.3%

Jun 20231.3%

Sep 20231.3%

Dec 20231.7%

Mar 20241.4%

Jun 20241.4%

Sep 20241.4%

Dec 20241.5%

Mar 20251.4%

Jun 20251.4%

Sep 20251.4%

Dec 20251.6%

Mar 20261.5%

Jun 20261.4%

Sempra · SRE

Sep 2021-1.8%

Dec 20211.5%

Mar 20221.3%

Jun 20221.0%

Sep 20220.7%

Dec 20220.6%

Mar 20232.4%

Jun 20231.1%

Sep 20230.8%

Dec 20230.9%

Mar 20241.2%

Jun 20240.7%

Sep 20240.6%

Dec 20241.3%

Mar 20251.1%

Jun 20250.7%

Sep 20250.6%

Dec 20251.2%

Mar 20261.2%

Jun 2026—

The AES Corporation · AES

Sep 20212.4%

Dec 20211.8%

Mar 20221.6%

Jun 20221.7%

Sep 20222.7%

Dec 20221.7%

Mar 20231.8%

Jun 20231.3%

Sep 20232.6%

Dec 20231.3%

Mar 20241.5%

Jun 20241.4%

Sep 20241.8%

Dec 20240.9%

Mar 20250.9%

Jun 20251.0%

Sep 20251.7%

Dec 20251.2%

Mar 20261.4%

Jun 2026—

Unitil Corporation · UTL

Sep 20210.5%

Dec 20211.9%

Mar 20222.6%

Jun 20220.9%

Sep 20220.5%

Dec 20221.9%

Mar 20232.9%

Jun 20230.9%

Sep 20230.6%

Dec 20232.0%

Mar 20243.2%

Jun 20240.9%

Sep 20240.4%

Dec 20241.9%

Mar 20253.1%

Jun 20250.9%

Sep 20250.4%

Dec 20252.1%

Mar 20263.4%

Jun 2026—

ROCE change · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 20220.0 pp

Dec 2022−0.8 pp

Mar 20230.0 pp

Jun 2023−0.1 pp

Sep 2023−0.1 pp

Dec 2023+0.5 pp

Mar 20240.0 pp

Jun 2024−0.1 pp

Sep 2024−0.1 pp

Dec 2024+0.1 pp

Mar 2025+0.3 pp

Jun 2025−0.1 pp

Sep 2025+0.3 pp

Dec 2025+0.1 pp

Mar 2026+0.2 pp

Jun 2026—

Avista Corporation · AVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−0.1 pp

Dec 2022−0.2 pp

Mar 2023−0.1 pp

Jun 2023+0.3 pp

Sep 2023+0.3 pp

Dec 2023+0.5 pp

Mar 2024+0.3 pp

Jun 2024+0.1 pp

Sep 2024+0.1 pp

Dec 2024−0.1 pp

Mar 2025+0.2 pp

Jun 20250.0 pp

Sep 2025+0.1 pp

Dec 2025+0.1 pp

Mar 2026+0.1 pp

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+0.3 pp

Dec 2022+0.1 pp

Mar 20230.0 pp

Jun 2023−0.2 pp

Sep 2023−0.2 pp

Dec 2023+0.3 pp

Mar 2024+0.1 pp

Jun 2024+0.1 pp

Sep 2024+0.1 pp

Dec 2024−0.2 pp

Mar 20250.0 pp

Jun 20250.0 pp

Sep 20250.0 pp

Dec 2025+0.1 pp

Mar 2026+0.1 pp

Jun 20260.0 pp

Sempra · SRE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+2.5 pp

Dec 2022−0.9 pp

Mar 2023+1.1 pp

Jun 2023+0.1 pp

Sep 2023+0.1 pp

Dec 2023+0.3 pp

Mar 2024−1.2 pp

Jun 2024−0.4 pp

Sep 2024−0.2 pp

Dec 2024+0.4 pp

Mar 2025−0.1 pp

Jun 20250.0 pp

Sep 20250.0 pp

Dec 2025−0.1 pp

Mar 2026+0.1 pp

Jun 2026—

The AES Corporation · AES

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+0.3 pp

Dec 2022−0.1 pp

Mar 2023+0.2 pp

Jun 2023−0.4 pp

Sep 2023−0.1 pp

Dec 2023−0.4 pp

Mar 2024−0.3 pp

Jun 2024+0.1 pp

Sep 2024−0.8 pp

Dec 2024−0.4 pp

Mar 2025−0.6 pp

Jun 2025−0.4 pp

Sep 2025−0.1 pp

Dec 2025+0.3 pp

Mar 2026+0.5 pp

Jun 2026—

Unitil Corporation · UTL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 20220.0 pp

Dec 20220.0 pp

Mar 2023+0.3 pp

Jun 20230.0 pp

Sep 2023+0.1 pp

Dec 2023+0.1 pp

Mar 2024+0.3 pp

Jun 20240.0 pp

Sep 2024−0.2 pp

Dec 2024−0.1 pp

Mar 2025−0.1 pp

Jun 20250.0 pp

Sep 20250.0 pp

Dec 2025+0.2 pp

Mar 2026+0.3 pp

Jun 2026—

09 · compare level, then change

Valuation Against Growth & Quality

Avista Corporation has the lowest PEG among the 6 Utilities - Diversified companies compared here, at 1.14×. Unitil Corporation is next at 2.11×. The AES Corporation has the lowest P/E at 7.53×, so level and change sit with different companies. 3 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Avista Corporation has the lowest comparable PEG at 1.14×, 46% below Unitil Corporation. Only 3 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderAvista Corporation · 1.14×

Gap46% versus #2 · Unitil Corporation

Persistence0/8 recent comparable periods

Coverage3/6 companies · 19 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

PEGlowest PEG

1Avista Corporation AVA1.1

2Unitil Corporation UTL2.1

3Sempra SRE3.5

P/Elowest P/E

1The AES Corporation AES7.5

2Avista Corporation AVA16.0

3Unitil Corporation UTL16.5

4Algonquin Power & Utilities Corp. AQN26.7

5Sempra SRE32.9

Valuation · company comparison

3/6 level · 6/6 change

All-company data · latest reported quarter

Company	PEG	P/E	Reported
Brookfield Infrastructure Partners L.P. BIP	4.9	58.9	Jun 2026
Sempra SRE	3.5	32.9	Mar 2026
Unitil Corporation UTL	2.1	16.5	Mar 2026
Avista Corporation AVA	1.1	16.0	Mar 2026
The AES Corporation AES	—	7.5	Mar 2026
Algonquin Power & Utilities Corp. AQN	—	26.7	Mar 2026

Full 20-quarter history · every available company

PEG · reported quarter history

Avista Corporation · AVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 20230.7

Dec 20233.1

Mar 20240.5

Jun 20240.5

Sep 20241.1

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 20251.4

Mar 20261.1

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 20234.9

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Sempra · SRE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 20230.8

Dec 20230.4

Mar 20241.0

Jun 20240.9

Sep 20243.5

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Unitil Corporation · UTL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 20231.8

Jun 2023—

Sep 20232.7

Dec 20232.1

Mar 20241.9

Jun 20241.5

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 20262.1

Jun 2026—

P/E · reported quarter history

Algonquin Power & Utilities Corp. · AQN

Sep 202115.1

Dec 202135.2

Mar 202230.4

Jun 202244.8

Sep 2022181.8

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023210.7

Mar 2024—

Jun 202439.1

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 202589.5

Dec 202528.0

Mar 202626.7

Jun 2026—

Avista Corporation · AVA

Sep 202118.7

Dec 202120.2

Mar 202221.1

Jun 202220.7

Sep 202220.4

Dec 202220.9

Mar 202322.8

Jun 202320.4

Sep 202314.7

Dec 202316.0

Mar 202414.5

Jun 202414.0

Sep 202415.4

Dec 202416.0

Mar 202519.0

Jun 202518.3

Sep 202517.1

Dec 202516.2

Mar 202616.0

Jun 2026—

Brookfield Infrastructure Partners L.P. · BIP

Sep 202125.7

Dec 202135.0

Mar 202245.5

Jun 202255.4

Sep 2022138.1

Dec 2022221.4

Mar 2023422.1

Jun 2023110.6

Sep 202394.8

Dec 2023224.9

Mar 2024100.7

Jun 2024—

Sep 2024—

Dec 2024794.8

Mar 2025—

Jun 2025670.0

Sep 202549.1

Dec 202538.6

Mar 202654.7

Jun 202658.9

Sempra · SRE

Sep 202134.8

Dec 202132.9

Mar 202253.0

Jun 202242.1

Sep 202221.0

Dec 202223.3

Mar 202319.5

Jun 202318.5

Sep 202315.8

Dec 202315.6

Mar 202415.9

Jun 202416.3

Sep 202418.4

Dec 202419.9

Mar 202515.7

Jun 202518.3

Sep 202527.6

Dec 202532.1

Mar 202632.9

Jun 2026—

The AES Corporation · AES

Sep 202129.3

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202355.0

Mar 202424.9

Jun 202415.0

Sep 202412.9

Dec 20245.5

Mar 20256.3

Jun 20257.4

Sep 20258.2

Dec 202511.4

Mar 20267.5

Jun 2026—

Unitil Corporation · UTL

Sep 202118.3

Dec 202119.6

Mar 202220.3

Jun 202222.8

Sep 202217.8

Dec 202219.8

Mar 202320.7

Jun 202318.8

Sep 202315.5

Dec 202318.6

Mar 202417.5

Jun 202417.2

Sep 202420.7

Dec 202418.5

Mar 202519.7

Jun 202517.9

Sep 202516.6

Dec 202516.3

Mar 202616.5

Jun 2026—

10 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Utilities - Diversified comparison names 4 specific ways its own evidence can mislead, all listed below. All 6 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.

Keep these limits visible

A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

11 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 6 Utilities - Diversified companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-08-04 · weekly price and relative-strength history

Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.

Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.

12 · questions investors ask, short speakable answers

Utilities - Diversified company comparison FAQs

These 22 answers restate the Utilities - Diversified comparison above in question form. Every one is computed from the same 6 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.

Is the Utilities - Diversified sector outperforming S&P 500?

Which Utilities - Diversified company is largest by revenue?

Sempra leads with revenue of $13,555 million, based on 5 of 6 comparable companies through Mar 2026.

Which Utilities - Diversified company is growing fastest?

Unitil Corporation has the fastest current revenue growth at 19.5%, across 5 of 6 comparable companies.

Which Utilities - Diversified company has the strongest 4-Factor Sector Score?

Unitil Corporation ranks first at 57.5/100 with 75.1% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Utilities - Diversified company has the lowest comparable PEG?

Avista Corporation has the lowest comparable PEG at 1.14, among 3 of 6 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Utilities - Diversified comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Which Utilities - Diversified company is the biggest?

Sempra is the largest, with trailing-twelve-month revenue of $13,555 million, ahead of The AES Corporation at $12,487 million. That covers 5 of 6 companies with comparable reporting through Mar 2026.

Which Utilities - Diversified company has the best profit margins?

Sempra has the highest operating margin at 29.8%, from 6 of 6 comparable companies. The AES Corporation shows the biggest recent improvement, at +6 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Utilities - Diversified company makes the most profit?

Sempra earns the most, at $2,886 million of trailing-twelve-month net profit, from 5 of 6 comparable companies. Unitil Corporation has the fastest profit growth at 16.7%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Utilities - Diversified company earns the highest return on capital?

Unitil Corporation leads on return on capital employed at 3.4%, across 6 of 6 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Utilities - Diversified stock is the cheapest?

On PEG — where a LOWER number is cheaper — Avista Corporation screens cheapest at 1.14×. Only 3 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Utilities - Diversified sector beating the market?

Utilities - Diversified has underperformed S&P 500 by 7.5% over the last 52 weeks and 3.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 6 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Utilities - Diversified stock has the strongest price momentum?

Brookfield Infrastructure Partners L.P. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Utilities - Diversified company scores highest for research priority?

Unitil Corporation scores 57.5 out of 100 with 75.1% evidence confidence, from 20.3 points on growth and earnings, 15.6 on capital efficiency, 8.4 on valuation and 13.2 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Utilities - Diversified companies does this comparison cover, and over what period?

It compares 6 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Utilities - Diversified sector?

The 6 Utilities - Diversified companies on this page carry $94,319 million of combined market value. Sempra is the largest at $56,644 million, about 60% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.

What is the Utilities - Diversified sector's P/E ratio?

The median price-to-earnings ratio across the 6 Utilities - Diversified companies on this page is 26.7×, measured on the 6 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.

How is the Utilities - Diversified sector performing?

0 of the 6 covered Utilities - Diversified companies are beating S&P 500 on Mansfield relative strength. The sector itself is 7.5% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.

How many Utilities - Diversified stocks are listed in the US?

This comparison covers 6 listed Utilities - Diversified companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.