Revenue per Employee: Utilities

The most capital-efficient Utilities names in the S&P 500

Updated June 18, 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.

#StockRev / employeeRevenue (TTM)Employees
1PNWPinnacle West CapitalRegulated Electric$58.1M$5.5B94
Regulated Electric — $5.5B in revenue across 94 staff, about 46.0× the Utilities median of $1.3M.
2VSTVistra Corp.Independent Power Producers$2.4M$16.2B7K
Independent Power Producers — $16.2B in revenue across 7K staff, about 1.9× the Utilities median of $1.3M.
3CEGConstellation EnergyRenewable Utilities$2.1M$29.9B14K
Renewable Utilities — $29.9B in revenue across 14K staff, about 1.7× the Utilities median of $1.3M.
4NRGNRG EnergyIndependent Power Producers$2.1M$32.4B16K
Independent Power Producers — $32.4B in revenue across 16K staff, about 1.6× the Utilities median of $1.3M.
5DTEDTE EnergyRegulated Electric$1.7M$16.3B10K
Regulated Electric — $16.3B in revenue across 10K staff, about 1.3× the Utilities median of $1.3M.
6NEENextEra EnergyRegulated Electric$1.7M$28.2B17K
Regulated Electric — $28.2B in revenue across 17K staff, about 1.3× the Utilities median of $1.3M.
7LNTAlliant EnergyRegulated Electric$1.5M$4.4B3K
Regulated Electric — $4.4B in revenue across 3K staff, about 1.2× the Utilities median of $1.3M.
8WECWEC Energy GroupRegulated Electric$1.4M$10.1B7K
Regulated Electric — $10.1B in revenue across 7K staff, about 1.1× the Utilities median of $1.3M.
9PPLPPL CorporationRegulated Electric$1.4M$9.3B7K
Regulated Electric — $9.3B in revenue across 7K staff, about 1.1× the Utilities median of $1.3M.
10EIXEdison InternationalRegulated Electric$1.4M$19.6B14K
Regulated Electric — $19.6B in revenue across 14K staff, about 1.1× the Utilities median of $1.3M.
11ESEversource EnergyRegulated Electric$1.4M$13.9B10K
Regulated Electric — $13.9B in revenue across 10K staff, about 1.1× the Utilities median of $1.3M.
12AESAES CorporationIndependent Power Producers$1.4M$12.5B9K
Independent Power Producers — $12.5B in revenue across 9K staff, about 1.1× the Utilities median of $1.3M.
13AEPAmerican Electric PowerRegulated Electric$1.4M$22.2B16K
Regulated Electric — $22.2B in revenue across 16K staff, about 1.1× the Utilities median of $1.3M.
14XELXcel EnergyRegulated Electric$1.3M$14.8B11K
Regulated Electric — $14.8B in revenue across 11K staff, about 1.0× the Utilities median of $1.3M.
15EVRGEvergyRegulated Electric$1.3M$6.0B5K
Regulated Electric — $6.0B in revenue across 5K staff, about 1.0× the Utilities median of $1.3M.
16FEFirstEnergyRegulated Electric$1.3M$15.5B12K
Regulated Electric — $15.5B in revenue across 12K staff, about 1.0× the Utilities median of $1.3M.
17DUKDuke EnergyRegulated Electric$1.3M$33.3B26K
Regulated Electric — $33.3B in revenue across 26K staff, about 1.0× the Utilities median of $1.3M.
18EXCExelonRegulated Electric$1.2M$24.8B20K
Regulated Electric — $24.8B in revenue across 20K staff, about 1.0× the Utilities median of $1.3M.
19DDominion EnergyRegulated Electric$1.2M$17.6B15K
Regulated Electric — $17.6B in revenue across 15K staff, about 0.9× the Utilities median of $1.3M.
20EDConsolidated EdisonRegulated Electric$1.1M$17.2B15K
Regulated Electric — $17.2B in revenue across 15K staff, about 0.9× the Utilities median of $1.3M.
21ETREntergyRegulated Electric$1.1M$13.3B12K
Regulated Electric — $13.3B in revenue across 12K staff, about 0.9× the Utilities median of $1.3M.
22SOSouthern CompanyRegulated Electric$1.1M$30.2B28K
Regulated Electric — $30.2B in revenue across 28K staff, about 0.8× the Utilities median of $1.3M.
23CNPCenterPoint EnergyDiversified Utilities$1.1M$9.4B9K
Diversified Utilities — $9.4B in revenue across 9K staff, about 0.8× the Utilities median of $1.3M.
24CMSCMS EnergyRegulated Electric$1.1M$8.8B8K
Regulated Electric — $8.8B in revenue across 8K staff, about 0.8× the Utilities median of $1.3M.
25AEEAmerenRegulated Electric$989K$8.9B9K
Regulated Electric — $8.9B in revenue across 9K staff, about 0.8× the Utilities median of $1.3M.

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