The Idiot Index
Shareholder Extraction in Utilities
0 of 36 companies · highest firstNot yet covered (36)
These companies are in the Utilities cohort but don't have a Shareholder Extraction computed for FY . Either the underlying inputs aren't tagged in their XBRL filings, the DEF 14A pay-ratio narrative didn't parse cleanly, or this fiscal year hasn't been ingested for them yet.
- AEEAmeren
- AEPAmerican Electric Power
- ATOAtmos Energy
- AVAAvista
- AWKAmerican Water Works
- BKHBlack Hills
- CMSCMS Energy
- CNPCenterPoint
- DDominion Energy
- DTEDTE Energy
- DUKDuke Energy
- EDCon Edison
- EIXEdison International
- ESEversource
- ETREntergy
- EVRGEvergy
- EXCExelon
- FEFirstEnergy
- HEHawaiian Electric
- IDAIDACORP
- MDUMDU Resources
- NEENextEra Energy
- NINiSource
- NJRNew Jersey Resources
- NWENorthWestern Energy
- OGEOGE Energy
- OGSONE Gas
- PCGPG&E
- PEGPSEG
- PNWPinnacle West
- PORPortland General Electric
- PPLPPL
- SOSouthern Company
- SRESempra
- WECWEC Energy
- XELXcel Energy
What this measures
Full methodology →Dollars sent to shareholders for every dollar invested in R&D.
- Ratio
- Shareholder Extraction
- Sector
- Utilities
- Methodology version
- v1.0.0
Applied to regulated electric, gas, and water utilities. COGS captures fuel and purchased power; rates are set by regulators with an allowed return on capital, so Markup is bounded by regulation rather than competition. The interesting indicators in this sector are Labor Share (workforce concentration) and Shareholder Extraction (regulated dividends vs grid investment).
Whether the company invests in future productive capacity or extracts current value to shareholders. A ratio above 3.0 typically indicates an extraction-dominant capital allocation policy. A ratio below 1.0 indicates the company is investing more in its future than returning to shareholders.
Source data: PaymentsForRepurchaseOfCommonStock, PaymentsOfDividends, ResearchAndDevelopmentExpense (us-gaap) or equivalents in IFRS.