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RANKINGS

Highest ROE — Utilities

Return on Equity measures how efficiently a company generates profit from shareholder equity.

23 companies with ROE data.

Ranked by ROE(23)
#TickerNameMarket CapROE
1GFL
GFL Environmental Inc.
FY · 2025-12-31
$15.5B49.9%
2BIPC
BROOKFIELD INFRASTRUCTURE CORPORATION
FY · 2025-12-31
$4.8B34.9%
3CIG
ENERGY CO OF MINAS GERAIS
FY · 2024-12-31
$5.7B29.6%
4SBS
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
FY · 2024-12-31
$17.1B29.6%
5EDN
EDENOR
FY · 2024-12-31
$1.0B20.3%
6ELPC
ENERGY CO OF PARANA
FY · 2024-12-31
$8.3B12.4%
7AXIA
AXIA Energia S.A.
FY · 2024-12-31
$23.3B9.7%
8KEP
KOREA ELECTRIC POWER CORPORATION
FY · 2024-12-31
$15.0B9.4%
9TRP
TC ENERGY CORPORATION
FY · 2025-12-31
$64.4B9.3%
10ENLT
Enlight Renewable Energy Ltd.
FY · 2025-12-31
$10.8B8.1%
11EMA
EMERA INCORPORATED
FY · 2025-12-31
$15.3B8.0%
12FTS
FORTIS INC.
FY · 2025-12-31
$27.9B7.4%
13KEN
KENON HOLDINGS LTD.
FY · 2025-12-31
$3.5B4.7%
14ENIC
ENEL CHILE S.A.
FY · 2024-12-31
$6.0B3.8%
15CEPU
Central Puerto S.A.
FY · 2024-12-31
$2.0B3.7%
16BEP
BROOKFIELD RENEWABLE PARTNERS L.P.
FY · 2025-12-31
$9.5B2.0%
17DXST
Decent Holding Inc.
FY · 2025-10-31
$6M-4.2%
18OIO
OIO Group
FY · 2024-12-31
$702M-4.3%
19ELLO
ELLOMAY CAPITAL LTD.
FY · 2024-12-31
$279M-7.2%
20TAC
TRANSALTA CORPORATION
FY · 2025-12-31
$3.9B-10.6%
21BEPC
BROOKFIELD RENEWABLE CORPORATION
FY · 2025-12-31
$6.0B-25.4%
22VIVO
VIVOPOWER INTERNATIONAL PLC
FY · 2025-06-30
$125M-63.6%
23WAVE
ECO WAVE POWER GLOBAL AB (PUBL)
FY · 2025-12-31
$41M-67.9%
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