As of 2023, the Chinese state-owned electric utility corporation known as State Grid had a brand value worth nearly 59 billion U.S. dollars. That brand value gave State Grid the distinction of being the world's largest utility company based on brand value by a significant margin. Enel, based in Italy, came second in this ranking, with a brand value of less than a fifth of State Grid's in 2023.
Brand value of most valuable utility companies worldwide in 2023
(in million U.S. dollars)
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'Brand Ratings' are derived from the Brand Strength Index which benchmarks the strength, risk and future potential of a brand relative to its competitors. It is conceptually similar to a credit rating.,
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Brand Finance. (June 5, 2023). Brand value of most valuable utility companies worldwide in 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 10, 2025, from https://www.statista.com/statistics/571013/valuable-utilities-brands-worldwide/
Brand Finance. "Brand value of most valuable utility companies worldwide in 2023 (in million U.S. dollars)." Chart. June 5, 2023. Statista. Accessed May 10, 2025. https://www.statista.com/statistics/571013/valuable-utilities-brands-worldwide/
Brand Finance. (2023). Brand value of most valuable utility companies worldwide in 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 10, 2025. https://www.statista.com/statistics/571013/valuable-utilities-brands-worldwide/
Brand Finance. "Brand Value of Most Valuable Utility Companies Worldwide in 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 5 Jun 2023, https://www.statista.com/statistics/571013/valuable-utilities-brands-worldwide/
Brand Finance, Brand value of most valuable utility companies worldwide in 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/571013/valuable-utilities-brands-worldwide/ (last visited May 10, 2025)
Brand value of most valuable utility companies worldwide in 2023 (in million U.S. dollars) [Graph], Brand Finance, June 5, 2023. [Online]. Available: https://www.statista.com/statistics/571013/valuable-utilities-brands-worldwide/
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