Revenue per Employee: Utilities
The most capital-efficient Utilities names in the S&P 500
Updated October 11, 2026
Across the whole market, revenue per employee is dominated by asset-heavy, low-headcount businesses — so it’s only a fair fight within a sector. Here are the Utilities companies that turn the fewest workers into the most sales, each measured against the Utilities median of $1.3M per employee.
| # | Stock | Rev / employee | Revenue (TTM) | Employees |
|---|---|---|---|---|
| 1 | PNWPinnacle West Capital CorporationRegulated Electric | $59.1M | $5.6B | 94 |
| Regulated Electric — $5.6B in revenue across 94 staff, about 46.1× the Utilities median of $1.3M. | ||||
| 2 | NRGNRG Energy, Inc.Independent Power Producers | $2.4M | $36.8B | 16K |
| Independent Power Producers — $36.8B in revenue across 16K staff, about 1.8× the Utilities median of $1.3M. | ||||
| 3 | VSTVistra Corp.Independent Power Producers | $2.3M | $16.0B | 7K |
| Independent Power Producers — $16.0B in revenue across 7K staff, about 1.8× the Utilities median of $1.3M. | ||||
| 4 | CEGConstellation Energy CorporationRenewable Utilities | $2.2M | $30.8B | 14K |
| Renewable Utilities — $30.8B in revenue across 14K staff, about 1.7× the Utilities median of $1.3M. | ||||
| 5 | NEENextEra Energy, Inc.Regulated Electric | $1.7M | $29.0B | 17K |
| Regulated Electric — $29.0B in revenue across 17K staff, about 1.3× the Utilities median of $1.3M. | ||||
| 6 | DTEDTE Energy CompanyRegulated Electric | $1.7M | $16.2B | 10K |
| Regulated Electric — $16.2B in revenue across 10K staff, about 1.3× the Utilities median of $1.3M. | ||||
| 7 | LNTAlliant Energy CorporationRegulated Electric | $1.5M | $4.4B | 3K |
| Regulated Electric — $4.4B in revenue across 3K staff, about 1.2× the Utilities median of $1.3M. | ||||
| 8 | WECWEC Energy Group, Inc.Regulated Electric | $1.4M | $10.1B | 7K |
| Regulated Electric — $10.1B in revenue across 7K staff, about 1.1× the Utilities median of $1.3M. | ||||
| 9 | AESThe AES CorporationIndependent Power Producers | $1.4M | $13.1B | 9K |
| Independent Power Producers — $13.1B in revenue across 9K staff, about 1.1× the Utilities median of $1.3M. | ||||
| 10 | PPLPPL CorporationRegulated Electric | $1.4M | $9.4B | 7K |
| Regulated Electric — $9.4B in revenue across 7K staff, about 1.1× the Utilities median of $1.3M. | ||||
| 11 | ESEversource EnergyRegulated Electric | $1.4M | $13.9B | 10K |
| Regulated Electric — $13.9B in revenue across 10K staff, about 1.1× the Utilities median of $1.3M. | ||||
| 12 | EIXEdison InternationalRegulated Electric | $1.4M | $19.4B | 14K |
| Regulated Electric — $19.4B in revenue across 14K staff, about 1.1× the Utilities median of $1.3M. | ||||
| 13 | AEPAmerican Electric Power Company, Inc.Regulated Electric | $1.4M | $22.5B | 16K |
| Regulated Electric — $22.5B in revenue across 16K staff, about 1.1× the Utilities median of $1.3M. | ||||
| 14 | FEFirstEnergy Corp.Regulated Electric | $1.3M | $15.8B | 12K |
| Regulated Electric — $15.8B in revenue across 12K staff, about 1.0× the Utilities median of $1.3M. | ||||
| 15 | XELXcel Energy Inc.Regulated Electric | $1.3M | $14.6B | 11K |
| Regulated Electric — $14.6B in revenue across 11K staff, about 1.0× the Utilities median of $1.3M. | ||||
| 16 | EVRGEvergy, Inc.Regulated Electric | $1.3M | $6.1B | 5K |
| Regulated Electric — $6.1B in revenue across 5K staff, about 1.0× the Utilities median of $1.3M. | ||||
| 17 | EXCExelon CorporationRegulated Electric | $1.3M | $25.3B | 20K |
| Regulated Electric — $25.3B in revenue across 20K staff, about 1.0× the Utilities median of $1.3M. | ||||
| 18 | DUKDuke Energy CorporationRegulated Electric | $1.3M | $33.4B | 26K |
| Regulated Electric — $33.4B in revenue across 26K staff, about 1.0× the Utilities median of $1.3M. | ||||
| 19 | DDominion Energy, Inc.Regulated Electric | $1.2M | $18.3B | 15K |
| Regulated Electric — $18.3B in revenue across 15K staff, about 1.0× the Utilities median of $1.3M. | ||||
| 20 | EDConsolidated Edison, Inc.Regulated Electric | $1.2M | $17.7B | 15K |
| Regulated Electric — $17.7B in revenue across 15K staff, about 0.9× the Utilities median of $1.3M. | ||||
| 21 | ETREntergy CorporationRegulated Electric | $1.1M | $13.5B | 12K |
| Regulated Electric — $13.5B in revenue across 12K staff, about 0.9× the Utilities median of $1.3M. | ||||
| 22 | CNPCenterPoint Energy, Inc.Diversified Utilities | $1.1M | $9.6B | 9K |
| Diversified Utilities — $9.6B in revenue across 9K staff, about 0.8× the Utilities median of $1.3M. | ||||
| 23 | SOThe Southern CompanyRegulated Electric | $1.1M | $30.2B | 28K |
| Regulated Electric — $30.2B in revenue across 28K staff, about 0.8× the Utilities median of $1.3M. | ||||
| 24 | CMSCMS Energy CorporationRegulated Electric | $1.1M | $8.8B | 8K |
| Regulated Electric — $8.8B in revenue across 8K staff, about 0.8× the Utilities median of $1.3M. | ||||
| 25 | AEEAmeren CorporationRegulated Electric | $974K | $8.7B | 9K |
| Regulated Electric — $8.7B in revenue across 9K staff, about 0.8× the Utilities median of $1.3M. | ||||