NextEra Energy, headquartered in Florida, United States, was the largest electric utility company worldwide in June 2025, with a market value of * billion U.S. dollars. Ranking second, Spain's Iberdrola had a market value of * billion U.S. dollars.
Global market
Utilities sell electricity through a regulated market by operating generation, transmission, and distribution facilities. In most countries, utilities provide electricity and are essential for many industrial and commercial enterprises, as well as households and other facilities such as recreational facilities. As the integration of renewable energy sources and investments in smart grid technologies are projected to raise a challenge, the basic utility’s business model is expected to undergo a major change.
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Forbes. (June 12, 2025). Market value of largest electric utility companies worldwide as of June 2025 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes. "Market value of largest electric utility companies worldwide as of June 2025 (in billion U.S. dollars)." Chart. June 12, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes. (2025). Market value of largest electric utility companies worldwide as of June 2025 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes. "Market Value of Largest Electric Utility Companies Worldwide as of June 2025 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 12 Jun 2025, /statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes, Market value of largest electric utility companies worldwide as of June 2025 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/ (last visited August 01, 2026)
Market value of largest electric utility companies worldwide as of June 2025 (in billion U.S. dollars) [Graph], Forbes, June 12, 2025. [Online]. Available: /statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
