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RANKINGS

Highest Gross Margin — Utilities

Gross margin measures the percentage of revenue retained after cost of goods sold.

18 companies with Gross Margin data.

Ranked by Gross Margin(18)
#TickerNameMarket CapGross Margin
1TRP
TC ENERGY CORPORATION
FY · 2025-12-31
$64.6B98.6%
2ENLT
Enlight Renewable Energy Ltd.
FY · 2025-12-31
$11.3B72.5%
3FTS
FORTIS INC.
FY · 2025-12-31
$28.0B72.3%
4BIPC
BROOKFIELD INFRASTRUCTURE CORPORATION
FY · 2025-12-31
$4.8B63.6%
5TAC
TRANSALTA CORPORATION
FY · 2025-12-31
$4.0B59.0%
6WAVE
ECO WAVE POWER GLOBAL AB (PUBL)
FY · 2025-12-31
$42M57.9%
7SBS
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
FY · 2024-12-31
$17.0B54.1%
8TGS
GAS TRANSPORTER OF THE SOUTH INC.
FY · 2024-12-31
$4.3B52.8%
9CEPU
Central Puerto S.A.
FY · 2024-12-31
$2.0B39.5%
10ENIC
ENEL CHILE S.A.
FY · 2024-12-31
$6.1B27.7%
11DXST
Decent Holding Inc.
FY · 2025-10-31
$6M26.2%
12ELPC
ENERGY CO OF PARANA
FY · 2024-12-31
$8.4B21.6%
13CIG
ENERGY CO OF MINAS GERAIS
FY · 2024-12-31
$5.6B20.5%
14EDN
EDENOR
FY · 2024-12-31
$1.0B19.3%
15VIVO
VIVOPOWER INTERNATIONAL PLC
FY · 2025-06-30
$131M18.0%
16KEN
KENON HOLDINGS LTD.
FY · 2025-12-31
$3.6B16.8%
17ELLO
ELLOMAY CAPITAL LTD.
FY · 2024-12-31
$279M11.8%
18KEP
KOREA ELECTRIC POWER CORPORATION
FY · 2024-12-31
$15.3B11.5%
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.

Data updated daily · Source: SEC EDGAR, Polygon.io