Considering investing in utilities stocks? While the best utilities stocks depend on your portfolio and investment goals, we've identified some utilities stocks that are worth keeping an eye on in the public services sector. Keep reading to learn more about utilities stocks and how to start investing.
We round up a selection of stocks in or related to the public services industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| TransAlta (TAC.US) | 25.14% | $4.3 billion (USD) | NYSE | 1,720,700 | Buy now |
| Algonquin Power-and-Utilities (AQN.TO) | 6.76% | $6.4 billion (CAD) | Toronto Stock Exchange | 1,519,139 | Buy now |
| Capital Power Corporation (CPX.TO) | 36.43% | $11.5 billion (CAD) | Toronto Stock Exchange | 342,200 | Buy now |
| Brookfield Renewable Partners L-P (BEP-UN.TO) | 51.48% | $31.8 billion (CAD) | Toronto Stock Exchange | 176,778 | Buy now |
| Emera (EMA.TO) | 25.57% | $22.4 billion (CAD) | Toronto Stock Exchange | 1,695,011 | Buy now |
| Fortis (FTS.TO) | 22.47% | $40.3 billion (CAD) | Toronto Stock Exchange | 2,230,793 | Buy now |
| Canadian Utilities (CU.TO) | 42.28% | $14 billion (CAD) | Toronto Stock Exchange | 294,192 | Buy now |
| National Grid PLC ADR (NGG.US) | 12.11% | $80.3 billion (USD) | NYSE | 2,964,100 | Buy now |
| Nextera Energy (NEE.US) | 21.28% | $180.9 billion (USD) | NYSE | 19,306,600 | Buy now |
| Southern Company (SO.US) | 4.24% | $104.9 billion (USD) | NYSE | 20,353,100 | Buy now |
The public services industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering utilities stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best utilities stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong utilities stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular utilities stocks in or related to the public services industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some utilities stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each utilities stock below. Keep reading to decide if any of these companies are the right investment for you.
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments.
The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada.
| Closing stock price | $13.74 |
|---|---|
| Market Capitalization | $4.3 billion |
| Gross profit (TTM) | $693 million |
| Profit margin | -7.73% |
| Revenue (TTM) | $2.2 billion |
| Earnings per share (TTM) | -$0.54 |
| 52-week stock price range | $10.13 – $17.69 |
Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.
As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections.
| Closing stock price | C$8.37 |
|---|---|
| Market Capitalization | C$6.4 billion |
| Gross profit (TTM) | C$934.3 million |
| Profit margin | 6.72% |
| Revenue (TTM) | C$2.5 billion |
| Earnings per share (TTM) | C$0.36 |
| 52-week stock price range | C$7.11 – C$9.59 |
Capital Power Corporation develops, acquires, owns, and operates utility-scale renewable and flexible generation facilities in Canada and the United States. The company generates electricity from various energy sources, including wind, waste heat, solar, landfill gas, gas, and battery storage.
It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities.
| Closing stock price | C$73.53 |
|---|---|
| Market Capitalization | C$11.5 billion |
| Gross profit (TTM) | C$1.2 billion |
| Profit margin | 0.63% |
| Revenue (TTM) | C$3.8 billion |
| Earnings per share (TTM) | -C$0.11 |
| 52-week stock price range | C$52.27 – C$75.13 |
Brookfield Renewable Partners L. P.
owns a portfolio of renewable power generating facilities in the North America, Colombia, and Brazil.
| Closing stock price | C$49.37 |
|---|---|
| Market Capitalization | C$31.8 billion |
| Gross profit (TTM) | C$3.3 billion |
| Profit margin | 0.35% |
| Revenue (TTM) | C$6.3 billion |
| Earnings per share (TTM) | -C$0.42 |
| 52-week stock price range | C$31.66 – C$52.86 |
Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments.
It is involved in the purchase, transmission, distribution, and sale of natural gas; and physical energy marketing, trading, and other energy asset management activities.
| Closing stock price | C$73.25 |
|---|---|
| Market Capitalization | C$22.4 billion |
| Gross profit (TTM) | C$3.9 billion |
| Profit margin | 12.01% |
| Revenue (TTM) | C$8.9 billion |
| Earnings per share (TTM) | C$3.27 |
| 52-week stock price range | C$58.18 – C$74.36 |
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW).
It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada.
| Closing stock price | C$79.14 |
|---|---|
| Market Capitalization | C$40.3 billion |
| Gross profit (TTM) | C$5.6 billion |
| Profit margin | 14.73% |
| Revenue (TTM) | C$12.2 billion |
| Earnings per share (TTM) | C$3.39 |
| 52-week stock price range | C$61.40 – C$81.10 |
Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, and liquids businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Financing & Other segments.
The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and in the Lloydminster area of Saskatchewan; and international electricity services, as well as offers integrated natural gas transmission and distribution services throughout Alberta and in the Lloydminster area of Saskatchewan.
| Closing stock price | C$51.30 |
|---|---|
| Market Capitalization | C$14 billion |
| Gross profit (TTM) | C$2.6 billion |
| Profit margin | 2.90% |
| Revenue (TTM) | C$3.7 billion |
| Earnings per share (TTM) | C$0.10 |
| 52-week stock price range | C$35.68 – C$52.38 |
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments.
The UK Electricity Transmission segment provides electricity transmission networks in England and Wales.
| Closing stock price | $79.44 |
|---|---|
| Market Capitalization | $80.3 billion |
| Gross profit (TTM) | $17.7 billion |
| Profit margin | 18.32% |
| Revenue (TTM) | $17.7 billion |
| Earnings per share (TTM) | $4.40 |
| 52-week stock price range | $64.86 – $92.22 |
NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments.
The company generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets.
| Closing stock price | $86.75 |
|---|---|
| Market Capitalization | $180.9 billion |
| Gross profit (TTM) | $17.1 billion |
| Profit margin | 29.37% |
| Revenue (TTM) | $27.9 billion |
| Earnings per share (TTM) | $3.94 |
| 52-week stock price range | $65.31 – $98.03 |
The Southern Company, through its subsidiaries, engages in the sale of electricity. The company offers electric service to retail customers and wholesale customers; and energy-related products and services to natural gas choice markets.
It also develops, constructs, acquires, owns, operates, and manages power generation assets, as well as battery energy storage projects; sells electricity at market-based rates in the wholesale market; and deploys microgrids for commercial, industrial, governmental, and utility customers.
| Closing stock price | $93.09 |
|---|---|
| Market Capitalization | $104.9 billion |
| Gross profit (TTM) | $14.5 billion |
| Profit margin | 14.46% |
| Revenue (TTM) | $30.2 billion |
| Earnings per share (TTM) | $3.91 |
| 52-week stock price range | $82.46 – $98.76 |
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