RANKINGS
Highest ROE — Utilities
Return on Equity measures how efficiently a company generates profit from shareholder equity.
127 companies with ROE data.
Ranked by ROE(127)
| # | Ticker | Name | Market Cap | ROE |
|---|---|---|---|---|
| 1 | CQP | $28.6B | 3246.2% | |
| 2 | OPAL | $69M | 160.3% | |
| 3 | TRGP | $54.7B | 65.2% | |
| 4 | GFL | $12.1B | 49.9% | |
| 5 | VST | $54.0B | 39.9% | |
| 6 | BIPC | $5.1B | 34.9% | |
| 7 | WES | $16.9B | 34.9% | |
| 8 | CIG | $6.2B | 29.6% | |
| 9 | SBS | $19.4B | 29.6% | |
| 10 | WM | $84.9B | 27.9% | |
| 11 | VG | $29.9B | 23.0% | |
| 12 | AROC | $5.9B | 21.4% | |
| 13 | AM | $10.0B | 21.2% | |
| 14 | EPD | $79.6B | 19.4% | |
| 15 | EIX | $26.9B | 18.8% | |
| 16 | WMB | $87.3B | 18.4% | |
| 17 | RSG | $61.7B | 18.1% | |
| 18 | EDN | $1.2B | 18.1% | |
| 19 | NFG | $7.3B | 17.9% | |
| 20 | LNG | $47.1B | 17.0% | |
| 21 | OKE | $52.9B | 15.7% | |
| 22 | OTTR | $3.6B | 14.7% | |
| 23 | CLH | $14.9B | 14.2% | |
| 24 | WCN | $37.9B | 13.1% | |
| 25 | PEG | $39.2B | 13.1% | |
| 26 | NJR | $5.6B | 12.9% | |
| 27 | AWR | $3.0B | 12.6% | |
| 28 | ELPC | $8.5B | 12.4% | |
| 29 | NEE | $181.5B | 12.3% | |
| 30 | UGI | $7.5B | 11.8% | |
| 31 | AEP | $68.9B | 11.5% | |
| 32 | SWX | $6.2B | 11.3% | |
| 33 | RGCO | $240M | 11.3% | |
| 34 | WEC | $36.2B | 11.2% | |
| 35 | CEG | $103.9B | 11.2% | |
| 36 | AEE | $29.9B | 11.2% | |
| 37 | SO | $103.8B | 11.1% | |
| 38 | LNT | $18.5B | 11.1% | |
| 39 | AES | $10.5B | 11.0% | |
| 40 | CMS | $22.4B | 11.0% | |
| 41 | HNRG | $908M | 11.0% | |
| 42 | MGEE | $2.8B | 10.6% | |
| 43 | ES | $25.7B | 10.5% | |
| 44 | SR | $4.9B | 10.5% | |
| 45 | DTE | $29.7B | 10.3% | |
| 46 | ETR | $49.9B | 10.2% | |
| 47 | KMI | $69.1B | 10.2% | |
| 48 | AWK | $24.1B | 10.0% | |
| 49 | AXIA | $23.3B | 9.7% | |
| 50 | EXC | $46.7B | 9.5% | |
| 51 | DTM | $14.3B | 9.5% | |
| 52 | KEP | $16.9B | 9.4% | |
| 53 | PCYO | $249M | 9.4% | |
| 54 | PNW | $12.1B | 9.4% | |
| 55 | CNP | $27.6B | 9.4% | |
| 56 | TRP | $69.4B | 9.3% | |
| 57 | OGE | $9.7B | 9.3% | |
| 58 | ARTNA | $336M | 9.2% | |
| 59 | DUK | $95.7B | 9.1% | |
| 60 | IDA | $7.8B | 9.0% | |
| 61 | ATO | $28.2B | 9.0% | |
| 62 | CPK | $3.0B | 9.0% | |
| 63 | D | $58.9B | 8.8% | |
| 64 | PCG | $36.0B | 8.8% | |
| 65 | UTL | $900M | 8.8% | |
| 66 | XEL | $49.6B | 8.8% | |
| 67 | ET | $66.0B | 8.8% | |
| 68 | MSEX | $978M | 8.8% | |
| 69 | YORW | $485M | 8.8% | |
| 70 | EVRG | $18.9B | 8.6% | |
| 71 | ED | $38.9B | 8.4% | |
| 72 | PPL | $26.6B | 8.1% | |
| 73 | WTRG | $10.5B | 8.1% | |
| 74 | NI | $22.2B | 8.1% | |
| 75 | ENLT | $15.0B | 8.1% | |
| 76 | EMA | $16.0B | 8.0% | |
| 77 | HE | $2.3B | 7.9% | |
| 78 | NWN | $2.0B | 7.8% | |
| 79 | OGS | $4.9B | 7.8% | |
| 80 | NGG | $81.1B | 7.6% | |
| 81 | CWCO | $483M | 7.6% | |
| 82 | FE | $26.8B | 7.5% | |
| 83 | FTS | $28.2B | 7.4% | |
| 84 | AVA | $3.4B | 7.4% | |
| 85 | BKH | $5.5B | 7.2% | |
| 86 | CWT | $2.7B | 7.1% | |
| 87 | POR | $5.8B | 6.1% | |
| 88 | KGS | $6.7B | 5.8% | |
| 89 | NWE | $4.3B | 5.8% | |
| 90 | HTO | $2.4B | 5.7% | |
| 91 | NRG | $28.3B | 4.9% | |
| 92 | TXNM | $6.6B | 4.7% | |
| 93 | ORA | $8.4B | 4.7% | |
| 94 | KEN | $4.7B | 4.7% | |
| 95 | SRE | $58.3B | 4.6% | |
| 96 | ENIC | $6.0B | 3.6% | |
| 97 | CTRI | $3.1B | 3.5% | |
| 98 | RNW | $2.3B | 3.5% | |
| 99 | CEPU | $2.4B | 3.3% | |
| 100 | GWRS | $210M | 2.4% |
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.
ROE Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io