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U.S. Renewable Energy Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies29
  • 7D3.1%
  • 3M7.0%
  • 1Y48.1%
  • YTDn/a

In the last week, the Renewable Energy industry is up 3.1%, with Brookfield Renewable up 5.0%. During this same period, the AleAnna underperformed, falling 7.3%. In the last 12 months, the industry was up 48%. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the U.S. Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026US$33.3bUS$9.3b-US$1,995,098,934.7668.2x-16.7x3.6x
Tue, 03 Mar 2026US$32.7bUS$9.3b-US$2,005,321,817.2050.9x-16.3x3.5x
Thu, 29 Jan 2026US$32.8bUS$9.3b-US$592,966,317.6340.3x-55.4x3.5x
Sat, 27 Dec 2025US$30.8bUS$9.3b-US$596,261,497.5636.4x-51.7x3.3x
Mon, 24 Nov 2025US$32.3bUS$9.3b-US$595,988,442.7939.3x-54.2x3.5x
Wed, 22 Oct 2025US$31.5bUS$10.2b-US$1,686,689,557.8946.6x-18.7x3.1x
Fri, 19 Sep 2025US$27.5bUS$10.2b-US$1,675,761,745.3542.8x-16.4x2.7x
Sun, 17 Aug 2025US$27.4bUS$10.2b-US$1,675,485,215.1942.2x-16.4x2.7x
Tue, 15 Jul 2025US$27.5bUS$10.0b-US$695,998,691.7840.9x-39.5x2.7x
Thu, 12 Jun 2025US$27.9bUS$9.9b-US$747,218,051.7238.5x-37.4x2.8x
Sat, 10 May 2025US$24.3bUS$9.9b-US$845,452,305.3436.2x-28.7x2.5x
Mon, 07 Apr 2025US$23.3bUS$10.7b-US$196,245,091.4135x-118.5x2.2x
Wed, 05 Mar 2025US$24.7bUS$10.6b-US$155,115,142.0128x-159.2x2.3x
Fri, 31 Jan 2025US$18.6bUS$10.8b-US$1,659,161,751.6523.6x-11.2x1.7x
Sun, 29 Dec 2024US$15.5bUS$6.0b-US$370,365,366.9223.7x-41.9x2.6x
Tue, 26 Nov 2024US$17.0bUS$7.2b-US$345,199,755.1226.9x-49.1x2.4x
Thu, 24 Oct 2024US$19.9bUS$6.9b-US$295,870,644.1134.4x-67.2x2.9x
Sat, 21 Sep 2024US$21.0bUS$6.9b-US$233,164,855.3735.3x-90.2x3x
Mon, 19 Aug 2024US$20.5bUS$6.9b-US$206,015,129.8433.4x-99.6x3x
Wed, 17 Jul 2024US$19.2bUS$6.8b-US$298,061,912.5038.6x-64.4x2.8x
Fri, 14 Jun 2024US$19.9bUS$6.8b-US$304,817,306.7037x-65.2x2.9x
Sun, 12 May 2024US$19.5bUS$6.9b-US$323,221,919.4541.1x-60.4x2.8x
Tue, 09 Apr 2024US$17.7bUS$6.8b-US$470,801,512.2042.6x-37.6x2.6x
Thu, 07 Mar 2024US$18.1bUS$6.6b-US$393,103,614.2431.5x-46.1x2.7x
Sat, 03 Feb 2024US$19.7bUS$6.8bUS$99.6m40.8x197.9x2.9x
Mon, 01 Jan 2024US$23.4bUS$6.8bUS$98.7m46.4x237x3.4x
Wed, 29 Nov 2023US$19.2bUS$6.8bUS$99.0m41.7x193.6x2.8x
Fri, 27 Oct 2023US$19.1bUS$6.6b-US$82,679,403.0036.5x-231.1x2.9x
Sun, 24 Sep 2023US$22.5bUS$6.5b-US$70,790,039.0040.5x-318x3.5x
Tue, 22 Aug 2023US$22.9bUS$6.5b-US$69,224,195.0041.7x-330.3x3.5x
Thu, 20 Jul 2023US$26.3bUS$6.4bUS$633.0m35x41.6x4.1x
Sat, 17 Jun 2023US$26.3bUS$6.6bUS$590.0m30.7x44.7x4x
Mon, 15 May 2023US$26.0bUS$6.4bUS$646.5m17.4x40.2x4x
Wed, 12 Apr 2023US$26.7bUS$6.3bUS$790.4m14.2x33.8x4.3x
Price to Earnings Ratio

33.8x


Total Market Cap: US$26.7bTotal Earnings: US$790.4mTotal Revenue: US$6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Renewable Energy Industry Price to Earnings3Y Average -40.8x202420252026
Current Industry PE
  • Investors are optimistic on the American Renewable Electricity industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • Total earnings for the Renewable Electricity industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Renewable Energy compare with similar industries?

US Market3.46%
Utilities1.59%
Renewable Energy-0.17%
Renewable Energy3.08%
Independent Power Producers and Energy Traders-1.52%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BEPC Brookfield RenewableUS$41.325.0%
+US$668.5m		61.5%PS3.8x
CWEN.A Clearway EnergyUS$40.213.3%
+US$154.8m		53.4%PE28.8x
RNW ReNew Energy GlobalUS$4.755.3%
+US$87.4m		-17.8%PE13.2x
ORA Ormat TechnologiesUS$112.840.7%
+US$51.1m		65.1%PE55.4x
ELLO Ellomay CapitalUS$25.602.4%
+US$8.3m		74.7%PS7.4x

Latest News

SPRU
US$4.05
Spruce Power Holding
7D
1.8%
1Y
114.3%

Spruce Power: Cash Burn And Debt Dim Outlook

Apr 04
ANNA
US$7.89
AleAnna
7D
-7.3%
1Y
-2.8%
ORA
US$112.84
Ormat Technologies
7D
0.7%
1Y
65.1%

ORA: Long Term PPAs And Storage Expansion Will Support Stronger Outlook

Analysts have adjusted their price target on Ormat Technologies slightly lower to about $127, citing updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Ormat began commercial operations at the Shirk 80MW/320MWh battery energy storage facility in Visalia, California, under a 15 year Resource Adequacy agreement with the City of Riverside.
BEPC
US$41.32
Brookfield Renewable
7D
5.0%
1Y
61.5%
WAVE
US$5.92
Eco Wave Power Global
7D
4.6%
1Y
-6.0%
MNTK
US$1.14
Montauk Renewables
7D
-5.8%
1Y
-41.5%

MNTK: 2026 Guidance Will Offset Margin And Leverage Concerns For Undervalued Shares

Analysts trimmed their price targets on Montauk Renewables by $0.50 at Clear Street to $3.50 and by $1.50 at B. Riley, citing mixed Q4 results, pressure on EBITDA margins, higher working capital related cash burn, and lower historical trading multiples, along with higher debt leverage from CapEx despite upbeat 2026 guidance.
CWEN.A
US$40.21
Clearway Energy
7D
3.3%
1Y
53.4%

CWEN.A: Long Term Contracts And Data Center Demand Will Support Distributions

Narrative Update The analyst price target for Clearway Energy has moved from $40.20 to $41.00, with analysts pointing to recent target increases across several firms following Q4 results and improving visibility on long term cash available for distribution and project development. Analyst Commentary Recent research has focused on how Clearway Energy is executing against its cash available for distribution targets and project pipeline, and what that might imply for valuation and growth reliability.
RNW
US$4.75
ReNew Energy Global
7D
5.3%
1Y
-17.8%

RNW: New Private Placement Will Support Future Clean Energy Upside

Analysts have raised their price target for ReNew Energy Global from about $8.00 to about $8.98, citing updated expectations for revenue growth, profit margins, and future P/E assumptions. What's in the News ReNew Energy Global Plc announced a private placement of common shares for gross proceeds of US$95,000,000 on March 16, 2026.
ELLO
US$25.60
Ellomay Capital
7D
2.4%
1Y
74.7%
VIVO
US$2.10
VivoPower
7D
-16.7%
1Y
-41.2%