RANKINGS

Highest ROE — Utilities

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

136 companies with ROE data.

Ranked by ROE(136)

#	Ticker	Name	Industry	Market Cap	ROE
1	CQP	Cheniere Energy Partners, L.P. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$31.3B	396.2%
2	OPAL	OPAL FUELS INC. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$51M	96.1%
3	TRGP	TARGA RESOURCES CORP. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$62.8B	59.7%
4	GFL	GFL Environmental Inc. FY · 2025-12-31 Analysis WACC DCF	Other	$18.6B	49.9%
5	VST	Vistra Corp. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$54.5B	40.4%
6	BIPC	BROOKFIELD INFRASTRUCTURE CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$4.5B	34.9%
7	WES	Western Midstream Partners, LP TTM · 2026-03-31 Analysis WACC DCF	Gas Utilities	$18.7B	34.9%
8	VG	VENTURE GLOBAL, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$34.6B	31.3%
9	CIG	ENERGY CO OF MINAS GERAIS FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$6.7B	29.6%
10	SBS	COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP FY · 2024-12-31 Analysis WACC DCF	Water Utilities	$22.7B	29.6%
11	WM	Waste Management, Inc TTM · 2026-03-31 Analysis WACC DCF	Other	$84.7B	27.9%
12	LNG	CHENIERE ENERGY, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$59.3B	25.4%
13	AM	ANTERO MIDSTREAM CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$10.0B	21.2%
14	AROC	Archrock, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$5.4B	21.2%
15	EPD	ENTERPRISE PRODUCTS PARTNERS L.P. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$77.8B	20.3%
16	EDN	EDENOR FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$905M	20.3%
17	WMB	Williams Companies, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$91.2B	20.0%
18	EIX	EDISON INTERNATIONAL TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$21.3B	18.8%
19	UGP	ULTRAPAR HOLDINGS INC. FY · 2024-12-31 Analysis WACC DCF	Gas Utilities	$8.3B	18.2%
20	RSG	REPUBLIC SERVICES, INC. TTM · 2026-06-30 Analysis WACC DCF	Other	$67.3B	18.2%
21	NRG	NRG Energy, Inc TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$22.5B	17.5%
22	NFG	NATIONAL FUEL GAS COMPANY TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$7.7B	17.2%
23	OKE	ONEOK, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$58.9B	15.8%
24	AES	THE AES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Multi-Utilities	$10.7B	14.6%
25	CLH	CLEAN HARBORS, INC TTM · 2026-03-31 Analysis WACC DCF	Other	$16.8B	14.2%
26	NJR	NEW JERSEY RESOURCES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$5.3B	13.9%
27	WCN	WASTE CONNECTIONS, INC. TTM · 2026-06-30 Analysis WACC DCF	Other	$38.7B	13.4%
28	UGI	UGI CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$8.1B	12.8%
29	HE	HAWAIIAN ELECTRIC INDUSTRIES, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$1.5B	12.8%
30	AWR	AMERICAN STATES WATER CO TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$3.3B	12.8%
31	ELPC	ENERGY CO OF PARANA FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$10.4B	12.4%
32	NEE	NEXTERA ENERGY INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$163.2B	12.3%
33	WEC	WEC ENERGY GROUP, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$34.5B	11.6%
34	PEG	Public Service Enterprise Group Incorporated TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$35.1B	11.6%
35	RGCO	RGC Resources, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$237M	11.4%
36	AEE	Ameren Corporation TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$28.9B	11.3%
37	AEP	American Electric Power Company, Inc. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$68.4B	11.2%
38	SO	SOUTHERN CO TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$101.4B	11.1%
39	LNT	ALLIANT ENERGY CORP TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$17.4B	11.1%
40	CEG	CONSTELLATION ENERGY CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$104.8B	10.7%
41	SWX	Southwest Gas Holdings, Inc. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$6.2B	10.7%
42	MGEE	MGE Energy, Inc. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$2.7B	10.6%
43	KMI	KINDER MORGAN, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$74.4B	10.5%
44	ET	ENERGY TRANSFER LP TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$70.5B	10.5%
45	OTTR	OTTER TAIL CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$3.7B	10.4%
46	DTE	DTE ENERGY CO TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.7B	10.3%
47	ETR	ENTERGY CORP /DE/ TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$50.2B	10.2%
48	CMS	CMS ENERGY CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$20.8B	9.9%
49	PCYO	PURE CYCLE CORPORATION TTM · 2026-05-31 Analysis WACC DCF	Water Utilities	$271M	9.7%
50	GNE	Genie Energy Ltd. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$445M	9.7%
51	AWK	AMERICAN WATER WORKS COMPANY, INC. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$25.8B	9.7%
52	DTM	DT Midstream, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$12.9B	9.5%
53	EXC	EXELON CORPORATION TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$43.6B	9.5%
54	KEP	KOREA ELECTRIC POWER CORPORATION FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$13.9B	9.4%
55	CNP	CENTERPOINT ENERGY INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$25.9B	9.4%
56	TRP	TC ENERGY CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$64.1B	9.3%
57	XEL	Xcel Energy Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$46.6B	9.3%
58	OGE	OGE ENERGY CORP. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$9.8B	9.3%
59	PCG	PG&E CORP TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$40.0B	9.3%
60	ARTNA	ARTESIAN RESOURCES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$349M	9.2%
61	PNW	PINNACLE WEST CAPITAL CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$12.3B	9.2%
62	MSEX	MIDDLESEX WATER COMPANY TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$1.0B	9.2%
63	ATO	Atmos Energy Corp TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$27.6B	9.2%
64	DUK	DUKE ENERGY CORPORATION TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$92.2B	9.1%
65	IDA	IDACORP INC FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$7.9B	9.0%
66	CPK	CHESAPEAKE UTILITIES CORP TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$3.3B	9.0%
67	ES	EVERSOURCE ENERGY TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$24.8B	8.8%
68	D	DOMINION ENERGY, INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$54.8B	8.8%
69	EVRG	EVERGY, INC. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$18.9B	8.6%
70	ED	CONSOLIDATED EDISON INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$39.9B	8.4%
71	OGS	ONE Gas, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$4.7B	8.1%
72	PPL	PPL Corp TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.1B	8.1%
73	YORW	YORK WATER COMPANY TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$506M	8.1%
74	NWN	NORTHWEST NATURAL HOLDING COMPANY TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$2.1B	8.1%
75	ENLT	Enlight Renewable Energy Ltd. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$9.9B	8.1%
76	AVA	AVISTA CORP TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$3.0B	8.0%
77	EMA	EMERA INCORPORATED FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$14.0B	8.0%
78	SR	Spire Inc. FY · 2025-09-30 Analysis WACC DCF	Gas Utilities	$4.7B	7.9%
79	WTRG	Essential Utilities, Inc. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$11.1B	7.9%
80	UTL	UNITIL CORPORATION FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$974M	7.8%
81	NI	NiSource Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$19.9B	7.6%
82	NGG	NATIONAL GRID PLC FY · 2025-03-31 Analysis WACC DCF	Gas Utilities	$78.7B	7.6%
83	FE	FIRSTENERGY CORP TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.2B	7.5%
84	BKH	Black Hills Corporation TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.9B	7.4%
85	FTS	FORTIS INC. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$27.6B	7.4%
86	CWT	CALIFORNIA WATER SERVICE GROUP TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$2.9B	7.4%
87	CWCO	CONSOLIDATED WATER CO. LTD. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$485M	7.0%
88	POR	PORTLAND GENERAL ELECTRIC COMPANY TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.2B	6.2%
89	NWE	NORTHWESTERN ENERGY GROUP, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$4.6B	5.9%
90	HTO	H2O AMERICA TTM · 2026-03-31 Analysis WACC DCF	Water Utilities	$2.4B	5.7%
91	TXNM	TXNM Energy, Inc. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$6.4B	4.7%
92	KEN	KENON HOLDINGS LTD. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$3.3B	4.7%
93	ORA	ORMAT TECHNOLOGIES, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.6B	4.6%
94	SRE	SEMPRA TTM · 2026-03-31 Analysis WACC DCF	Gas Utilities	$53.9B	4.6%
95	ENIC	ENEL CHILE S.A. FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$6.1B	3.8%
96	KGS	Kodiak Gas Services, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$5.3B	3.7%
97	GWRS	Global Water Resources, Inc. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$232M	3.7%
98	CEPU	Central Puerto S.A. FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$2.0B	3.7%
99	RNW	RENEW ENERGY GLOBAL PLC FY · 2025-03-31 Analysis WACC DCF	Electric Utilities	$2.5B	3.5%
100	CTRI	Centuri Holdings, Inc. TTM · 2026-06-28 Analysis WACC DCF	Gas Utilities	$2.1B	3.3%