RANKINGS
Lowest EV/EBITDA — Utilities
Enterprise Value to EBITDA. Lower ratios may indicate undervaluation.
93 companies with EV/EBITDA data.
Ranked by EV/EBITDA(93)
| # | Ticker | Name | Market Cap | EV/EBITDA |
|---|---|---|---|---|
| 1 | EE | $1.0B | 3.6 | |
| 2 | AWX | $10M | 5.6 | |
| 3 | AVA | $3.4B | 5.9 | |
| 4 | NFG | $7.3B | 6.1 | |
| 5 | EIX | $26.9B | 6.8 | |
| 6 | HE | $2.3B | 7.1 | |
| 7 | UGI | $7.5B | 7.7 | |
| 8 | SMC | $368M | 8.1 | |
| 9 | KNTK | $3.4B | 8.4 | |
| 10 | MNTK | $248M | 8.6 | |
| 11 | OTTR | $3.6B | 9.0 | |
| 12 | ET | $66.0B | 9.4 | |
| 13 | POR | $5.8B | 9.4 | |
| 14 | AROC | $5.9B | 9.5 | |
| 15 | ARTNA | $336M | 9.6 | |
| 16 | NWN | $2.0B | 9.7 | |
| 17 | ES | $25.7B | 9.7 | |
| 18 | SPRU | $53M | 9.9 | |
| 19 | WES | $16.9B | 10.2 | |
| 20 | PNW | $12.1B | 10.3 | |
| 21 | ED | $38.9B | 10.3 | |
| 22 | EXC | $46.7B | 10.3 | |
| 23 | DUK | $95.7B | 10.5 | |
| 24 | RGCO | $240M | 10.6 | |
| 25 | CQP | $28.6B | 10.7 | |
| 26 | VG | $29.9B | 10.8 | |
| 27 | OKE | $52.9B | 10.8 | |
| 28 | USAC | $4.0B | 11.1 | |
| 29 | NJR | $5.6B | 11.4 | |
| 30 | OGE | $9.7B | 11.4 | |
| 31 | CWT | $2.7B | 11.4 | |
| 32 | XIFR | $1.2B | 11.4 | |
| 33 | HNRG | $908M | 11.5 | |
| 34 | SO | $103.8B | 11.6 | |
| 35 | SWX | $6.2B | 11.6 | |
| 36 | CMS | $22.4B | 11.7 | |
| 37 | PCYO | $249M | 11.8 | |
| 38 | BKH | $5.5B | 11.9 | |
| 39 | EVRG | $18.9B | 11.9 | |
| 40 | EPD | $79.6B | 11.9 | |
| 41 | CPK | $3.0B | 12.0 | |
| 42 | XEL | $49.6B | 12.0 | |
| 43 | FTS | $28.2B | 12.0 | |
| 44 | PPL | $26.6B | 12.1 | |
| 45 | AEE | $29.9B | 12.2 | |
| 46 | EMA | $16.0B | 12.2 | |
| 47 | NI | $22.2B | 12.3 | |
| 48 | FE | $26.8B | 12.4 | |
| 49 | AWK | $24.1B | 12.4 | |
| 50 | DTE | $29.7B | 12.5 | |
| 51 | LNG | $47.1B | 12.5 | |
| 52 | LNT | $18.5B | 12.5 | |
| 53 | TXNM | $6.6B | 12.6 | |
| 54 | AEP | $68.9B | 12.6 | |
| 55 | CWEN | $6.4B | 12.9 | |
| 56 | D | $58.9B | 12.9 | |
| 57 | SR | $4.9B | 12.9 | |
| 58 | CEG | $103.9B | 13.0 | |
| 59 | CNP | $27.6B | 13.0 | |
| 60 | ETR | $49.9B | 13.1 | |
| 61 | HTO | $2.4B | 13.1 | |
| 62 | VST | $54.0B | 13.2 | |
| 63 | SRE | $58.3B | 13.2 | |
| 64 | NWE | $4.3B | 13.2 | |
| 65 | CWCO | $483M | 13.5 | |
| 66 | KMI | $69.1B | 13.5 | |
| 67 | QRHC | $25M | 13.5 | |
| 68 | TRP | $69.4B | 13.5 | |
| 69 | GWRS | $210M | 13.7 | |
| 70 | WEC | $36.2B | 13.9 | |
| 71 | TRGP | $54.7B | 14.0 | |
| 72 | MSEX | $978M | 14.1 | |
| 73 | AWR | $3.0B | 14.1 | |
| 74 | ORA | $8.4B | 14.2 | |
| 75 | WTRG | $10.5B | 14.3 | |
| 76 | IDA | $7.8B | 14.4 | |
| 77 | ATO | $28.2B | 14.5 | |
| 78 | WM | $84.9B | 14.6 | |
| 79 | OPAL | $69M | 14.7 | |
| 80 | KGS | $6.7B | 14.9 | |
| 81 | RSG | $61.7B | 15.0 | |
| 82 | CLH | $14.9B | 15.1 | |
| 83 | YORW | $485M | 15.3 | |
| 84 | WMB | $87.3B | 15.5 | |
| 85 | WCN | $37.9B | 15.7 | |
| 86 | CWST | $5.2B | 16.1 | |
| 87 | DTM | $14.3B | 16.9 | |
| 88 | AM | $10.0B | 17.0 | |
| 89 | CTRI | $3.1B | 17.8 | |
| 90 | NEE | $181.5B | 18.4 | |
| 91 | NRG | $28.3B | 19.1 | |
| 92 | SLNG | $68M | 19.7 | |
| 93 | TLN | $17.6B | 36.4 |
How to turn this ranking into valuation work
Start with the company page
Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.
Then validate WACC
A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.
Finish with DCF
Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.
EV/EBITDA Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io