RANKINGS
Lowest EV/EBITDA — Utilities
Enterprise Value to EBITDA. Lower ratios may indicate undervaluation.
92 companies with EV/EBITDA data.
Ranked by EV/EBITDA(92)
| # | Ticker | Name | Market Cap | EV/EBITDA |
|---|---|---|---|---|
| 1 | EE | $1.2B | 4.0 | |
| 2 | AWX | $10M | 5.6 | |
| 3 | AVA | $3.5B | 5.9 | |
| 4 | NFG | $7.7B | 6.3 | |
| 5 | EIX | $29.5B | 7.1 | |
| 6 | HE | $2.3B | 7.2 | |
| 7 | UGI | $7.8B | 7.9 | |
| 8 | MNTK | $235M | 8.3 | |
| 9 | SMC | $417M | 8.3 | |
| 10 | KNTK | $3.7B | 8.8 | |
| 11 | OTTR | $3.7B | 9.3 | |
| 12 | ET | $69.4B | 9.6 | |
| 13 | POR | $6.1B | 9.7 | |
| 14 | SPRU | $43M | 9.7 | |
| 15 | HNRG | $786M | 10.0 | |
| 16 | NWN | $2.2B | 10.0 | |
| 17 | ARTNA | $356M | 10.0 | |
| 18 | ES | $28.1B | 10.2 | |
| 19 | EXC | $48.2B | 10.5 | |
| 20 | AROC | $6.7B | 10.5 | |
| 21 | ED | $41.2B | 10.6 | |
| 22 | DUK | $98.9B | 10.6 | |
| 23 | PNW | $13.2B | 10.8 | |
| 24 | USAC | $3.9B | 10.9 | |
| 25 | RGCO | $255M | 11.0 | |
| 26 | WES | $18.9B | 11.1 | |
| 27 | ORA | $6.6B | 11.2 | |
| 28 | VG | $33.2B | 11.3 | |
| 29 | CQP | $31.1B | 11.3 | |
| 30 | XIFR | $1.1B | 11.4 | |
| 31 | OKE | $58.1B | 11.4 | |
| 32 | CEG | $91.6B | 11.6 | |
| 33 | OGE | $10.1B | 11.7 | |
| 34 | CWEN | $5.2B | 11.8 | |
| 35 | SO | $108.2B | 11.9 | |
| 36 | NJR | $6.0B | 11.9 | |
| 37 | CMS | $23.4B | 12.0 | |
| 38 | XEL | $50.2B | 12.1 | |
| 39 | SWX | $6.6B | 12.2 | |
| 40 | BKH | $5.8B | 12.2 | |
| 41 | PPL | $27.2B | 12.2 | |
| 42 | CWT | $3.0B | 12.2 | |
| 43 | EVRG | $19.9B | 12.3 | |
| 44 | EPD | $82.9B | 12.3 | |
| 45 | FTS | $29.3B | 12.3 | |
| 46 | TXNM | $6.3B | 12.4 | |
| 47 | EMA | $16.4B | 12.4 | |
| 48 | NI | $22.6B | 12.5 | |
| 49 | AEE | $31.4B | 12.5 | |
| 50 | CPK | $3.2B | 12.7 | |
| 51 | CWCO | $462M | 12.7 | |
| 52 | FE | $28.5B | 12.8 | |
| 53 | DTE | $31.0B | 12.8 | |
| 54 | SR | $4.9B | 12.9 | |
| 55 | AWK | $25.7B | 12.9 | |
| 56 | VST | $53.4B | 13.1 | |
| 57 | LNT | $19.8B | 13.1 | |
| 58 | AEP | $73.4B | 13.1 | |
| 59 | CNP | $28.6B | 13.2 | |
| 60 | D | $62.7B | 13.4 | |
| 61 | GWRS | $205M | 13.4 | |
| 62 | NWE | $4.5B | 13.5 | |
| 63 | TRP | $70.8B | 13.7 | |
| 64 | SRE | $61.7B | 13.7 | |
| 65 | HTO | $2.6B | 13.8 | |
| 66 | ETR | $53.8B | 13.8 | |
| 67 | KMI | $71.7B | 13.8 | |
| 68 | QRHC | $27M | 13.9 | |
| 69 | LNG | $55.2B | 14.0 | |
| 70 | WEC | $37.7B | 14.3 | |
| 71 | OPAL | $62M | 14.5 | |
| 72 | MSEX | $1.0B | 14.6 | |
| 73 | WTRG | $10.9B | 14.7 | |
| 74 | KGS | $6.7B | 14.9 | |
| 75 | TRGP | $60.0B | 15.0 | |
| 76 | IDA | $8.4B | 15.2 | |
| 77 | AWR | $3.3B | 15.2 | |
| 78 | ATO | $30.0B | 15.2 | |
| 79 | CTRI | $2.6B | 15.5 | |
| 80 | YORW | $502M | 15.6 | |
| 81 | WMB | $91.1B | 16.0 | |
| 82 | WM | $95.1B | 16.0 | |
| 83 | CLH | $16.0B | 16.2 | |
| 84 | RSG | $68.7B | 16.5 | |
| 85 | DTM | $14.9B | 17.5 | |
| 86 | WCN | $43.5B | 17.6 | |
| 87 | AM | $10.7B | 17.9 | |
| 88 | NEE | $186.7B | 18.7 | |
| 89 | CWST | $6.2B | 18.7 | |
| 90 | NRG | $29.2B | 19.4 | |
| 91 | SLNG | $73M | 21.0 | |
| 92 | TLN | $18.9B | 38.5 |
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