7 companies · median 13 of 36 checks · prices as of 2026-10-16
Utility stocks.
Sorted by how many checks each one passes. Sort by any column to see who is cheapest, who is growing, or who has the strongest balance sheet - and how that compares with what is normal for the industry.
Ranked by checks passed
7 companies in this sector→The utilities we cover are not one trade: Constellation Energy (CEG) passes 19 of its 36 checks and Oklo (OKLO) passes 3, with a median of 13.
→NEE, CEG, VST are 88% of the $358.3B we cover here, so a sector average says more about them than about the rest.
| Save | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
 Constellation EnergyCEGRuns the largest US fleet of nuclear plants, selling carbon-free power to utilities and data centers.Report | -1.3% | -32.4% | 2 | 5 | 3 | 3 | 4 | 2 | 19/36 | |
 VistraVSTGenerates power from gas, nuclear and coal plants and sells electricity, mostly in Texas.Report | -1.4% | -27.5% | 2 | 2 | 4 | 1 | 5 | 4 | 18/36 | |
 NextEra EnergyNEERuns Florida Power & Light and the largest renewable energy developer in the US.Report | +1.1% | -4.3% | 2 | 4 | 5 | 1 | 3 | 1 | 16/36 | |
 NRG EnergyNRGGenerates power and sells electricity to homes and businesses, plus Vivint smart home security.Report | +0.9% | -38.7% | 1 | 3 | 4 | 1 | 4 | 0 | 13/36 | |
 Talen EnergyTLNSells power from its nuclear and gas plants, including to Amazon data centers.Report | +0.3% | -14.7% | 1 | 2 | 1 | 1 | 2 | 4 | 11/36 | |
 NANO Nuclear EnergyNNEDeveloping small nuclear microreactors, pre-revenue.Report | -5.2% | -75.6% | 0 | 0 | 0 | 4 | 0 | 0 | 4/36 | |
 OkloOKLODeveloping small nuclear reactors to sell power to data centers and industry, pre-revenue.Report | -6.8% | -83.7% | 0 | 0 | 0 | 3 | 0 | 0 | 3/36 |
Every filing behind this table closes on 2026-06-30; prices are the close of 2026-10-16. Each name links to its full report; every score is a count of pass-or-fail checks read from that company's own filings.
Where the sector falls short
median score per axis→Value is where the utilities we cover come up short most often, at a median of 1 of 6, while Quality runs at 3.
| Value | ●○○○○○ | 1 of 6 |
| Growth | ●●○○○○ | 2 of 6 |
| Quality | ●●●○○○ | 3 of 6 |
| Financial health | ●○○○○○ | 1 of 6 |
| Shareholder returns | ●●●○○○ | 3 of 6 |
| Trend | ●○○○○○ | 1 of 6 |
What a normal margin looks like here
sector percentiles · 113 filers→Operating margin clusters among utilities, from 15% to 26% across the middle of the field, with a midpoint of 20% measured over 113 filers.
| Metric | Bottom third | Midpoint | Top third |
|---|---|---|---|
| Operating margin n=113 | 14.6% | 20.4% | 25.9% |
| Net margin n=117 | 7.4% | 11.8% | 16.0% |
| Return on equity n=99 | 6.7% | 8.8% | 11.1% |
Who grows, and who keeps it
every company in the industry→None of the utilities we cover both grow faster than this industry's middle and keep more of each sale than it does. The industry's middle is 10% growth on a 23% margin. NRG, CEG, VST do neither.
A year of price
not a fact about the business→All of them are down over twelve months, by a median of -32.4% - NextEra Energy (NEE) at -4.3% against Oklo (OKLO) at -83.7%. Price is not a fact about a business, and the Trend chapter of each report says what it is measured on.
Head to head
3 pairsThe table above gives the order. These put two of them in one column each, so you can see where the difference actually is.