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Top 10 — Utilities — 1 Oct 2026

The ten as they stood on 1 Oct 2026. Scores, pillars and reasons are the ones recorded that day; nothing here is recomputed. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100.

The Top 10 score is a published weighted sum of percentile ranks, rebalanced on the first trading day of each month. A list is a published formula and its output, not a recommendation. Method version 4.

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The ten

#CompanyWhy it was hereSectorScore
1 OTTER TAIL CORP (OTTR)
Profitability 74th (operating margin 26.6%, return on equity 14.8%).

Profitability 74th (operating margin 26.6%, return on equity 14.8%) and trend 72nd (it is 7.0% below its highest point of the past year); weakest is growth (21st, 3-year revenue CAGR -4%, revenue growth year over year 4.9%).

  • Profitability74.0
  • Growth20.9
  • Financial health43.3
  • Valuation64.7
  • Capital return65.0
  • Trend71.7
Utilities 56.0
2 AES Corporation (AES)
Valuation 83rd (price to earnings 5.7, price to book 2.2).

Valuation 83rd (price to earnings 5.7, price to book 2.2) and profitability 79th (return on equity 22.4%); weakest is financial health (7th, debt to equity 6.5, free cash flow margin -13.3%).

  • Profitability78.6
  • Growth32.0
  • Financial health6.9
  • Valuation82.8
  • Capital return63.9
  • Trend69.1
Utilities 55.8
3 NEW JERSEY RESOURCES CORP (NJR)
Valuation 78th (price to earnings 14.2, price to book 2).

Valuation 78th (price to earnings 14.2, price to book 2) and profitability 77th (operating margin 37.7%, return on equity 14%); weakest is financial health (23rd, debt to equity 1.4).

  • Profitability77.0
  • Growth47.2
  • Financial health23.0
  • Valuation77.9
  • Capital return55.9
  • Trend49.9
Utilities 55.5
4 Edison International (EIX)
Valuation 94th (price to earnings 5.3, price to book 1.2).

Valuation 94th (price to earnings 5.3, price to book 1.2) and profitability 87th (operating margin 36.7%, return on equity 23.2%); weakest is financial health (13th, free cash flow margin -3.7%, debt to equity 2.4).

  • Profitability86.7
  • Growth46.7
  • Financial health12.5
  • Valuation93.7
  • Capital return76.1
  • Trend22.0
Utilities 54.6
5 CHESAPEAKE UTILITIES CORP (CPK)
Growth 69th (revenue growth year over year 17.3%, 3-year revenue CAGR 11%).

Growth 69th (revenue growth year over year 17.3%, 3-year revenue CAGR 11%) and profitability 63rd (operating margin 27.5%, return on equity 8.8%); weakest is financial health (20th, free cash flow margin -23.1%, debt to equity 1).

  • Profitability63.1
  • Growth68.7
  • Financial health19.9
  • Valuation61.3
  • Capital return52.1
  • Trend48.3
Utilities 53.4
7 AMERICAN STATES WATER (AWR)
Profitability 73rd (operating margin 30.9%, return on equity 12.5%).

Profitability 73rd (operating margin 30.9%, return on equity 12.5%) and growth 59th (3-year revenue CAGR 10.2%, revenue growth year over year 10.3%); weakest is financial health (27th, free cash flow margin -1.1%, debt to equity 0.8).

  • Profitability72.6
  • Growth59.1
  • Financial health27.2
  • Valuation35.5
  • Capital return54.9
  • Trend57.1
Utilities 52.7
8 H2O AMERICA (HTO)
Trend 66th (it is 10.3% below its highest point of the past year).

Trend 66th (it is 10.3% below its highest point of the past year) and valuation 55th (price to book 1.4, price to earnings 21.3); weakest is financial health (32nd, debt to equity 1).

  • Profitability54.8
  • Growth45.0
  • Financial health32.4
  • Valuation54.9
  • Capital return52.0
  • Trend65.7
Utilities 51.4
10 ONE GAS INC (OGS)
Valuation 84th (price to book 1.3, price to earnings 15.5).

Valuation 84th (price to book 1.3, price to earnings 15.5) and financial health 64th (free cash flow margin 37.3%, debt to equity 1); weakest is trend (26th, a strong downtrend, with sellers in control).

  • Profitability46.4
  • Growth45.4
  • Financial health63.8
  • Valuation83.9
  • Capital return47.8
  • Trend25.5
Utilities 50.4
12 Dominion Energy (D)
Profitability 66th (operating margin 26.7%, return on equity 10.3%).

Profitability 66th (operating margin 26.7%, return on equity 10.3%) and growth 62nd (revenue growth year over year 21.8%, 3-year revenue CAGR 5.8%); weakest is financial health (17th, debt to equity 1.8).

  • Profitability66.2
  • Growth61.9
  • Financial health17.2
  • Valuation51.7
  • Capital return43.9
  • Trend46.3
Utilities 49.6
15 SOUTHWEST GAS HOLDINGS INC (SWX)
Valuation 87th (price to earnings 11.4, price to book 1.4).

Valuation 87th (price to earnings 11.4, price to book 1.4) and trend 52nd (a "golden cross" — its 50-day average is above its 200-day); weakest is financial health (25th, free cash flow margin -4.7%, debt to equity 0.9).

  • Profitability39.8
  • Growth42.2
  • Financial health24.7
  • Valuation86.7
  • Capital return49.1
  • Trend51.6
Utilities 48.3

Entered on 1 Oct 2026

OTTER TAIL CORP (OTTR) — Entered 1 Oct 2026: score 56.0, rank 1 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version).

Left on 1 Oct 2026

Atmos Energy (ATO) — Left 1 Oct 2026: score 45.8, rank 23 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).

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Informational only — NOT financial advice.