Start with its own history
At 16.98×, UTL is 16.1% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · UTLDiversified UtilitiesUpdated Nov 5, 2026
Unitil Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
16.98×
16.1% belowthe 10-year annual average
Share price56.54
÷Earnings per share3.33
Price and EPS in quote currency. Calculation details
Investors are paying 16.98 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 20.25×
3-year average17.82×3 positive annual observations
5-year average18.57×5 positive annual observations
10-year average20.25×10 positive annual observations
Peer median · TTM20.04×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 16.31× | -11.8% |
| Dec 31, 2024 | 18.49× | -0.8% |
| Dec 31, 2023 | 18.64× | -6.0% |
| Dec 31, 2022 | 19.83× | +1.3% |
| Dec 31, 2021 | 19.57× | -5.0% |
| Dec 31, 2020 | 20.59× | -1.1% |
| Dec 31, 2019 | 20.81× | -8.3% |
| Dec 31, 2018 | 22.71× | +2.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 22.15× | -5.2% |
| Dec 31, 2016 | 23.37× | +23.1% |
| Dec 31, 2015 | 18.98× | -7.3% |
| Dec 31, 2014 | 20.49× | +5.5% |
| Dec 31, 2013 | 19.42× | +7.1% |
| Dec 31, 2012 | 18.13× | -4.2% |
| Dec 31, 2011 | 18.92× | -26.8% |
| Dec 31, 2010 | 25.84× | +15.8% |
| Dec 31, 2009 | 22.31× | +78.3% |
| Dec 31, 2008 | 12.52× | -33.3% |
| Dec 31, 2007 | 18.76× | +4.3% |
| Dec 31, 2006 | 17.98× | +7.9% |
| Dec 31, 2005 | 16.66× | -14.6% |
| Dec 31, 2004 | 19.52× | +19.5% |
| Dec 31, 2003 | 16.33× | -19.0% |
| Dec 31, 2002 | 20.16× | -84.5% |
| Dec 31, 2001 | 130.00× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How UTL compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 UTL This stockUnitil Corporation | 16.98× |
 MSEXMiddlesex Water Company | 21.22× |
 NEPNextEra Energy Partners, LP | 4.83× |
 EAIEntergy Arkansas, Inc. 1M BD 4.875%66 | 4.20× |
 NRGVEnergy Vault Holdings, Inc. | N/M |
 ETIEntergy Texas, Inc. | 8.65× |
 CWCOConsolidated Water Co. Ltd. | 26.85× |
 YORWThe York Water Company | 20.04× |
 MNTKMontauk Renewables, Inc. | 48.01× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does UTL’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 20.04×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take UTL into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("UTL", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 56.54 ÷ EPS 3.33 = 16.98×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
UTL P/E ratio: common questions
The essentials behind the numbers.
Unitil Corporation's current P/E is 16.98× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.