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)
'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 April 20, 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 April 20, 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: April 20, 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 April 20, 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/
