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AEP vs. AES: American Electric Power vs. AES Stock Comparison

How do American Electric Power (AEP) and AES (AES) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

American Electric Power (AEP) and AES (AES) both fall under the Utilities industry group, but AEP is classified in Electric Utilities while AES is classified in Independent Power and Renewable Electricity Producers.

Company profile comparison for American Electric Power (AEP) and AES (AES)
Profile ItemAEPAES
NameAmerican Electric Power Company, Inc.The AES Corporation
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesIndependent Power and Renewable Electricity Producers
GICS Sub-IndustryElectric UtilitiesIndependent Power Producers & Energy Traders
Market Capitalization68.90 billion USD10.61 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 2, 1962June 26, 1991
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AEP
AES
GSPC
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American Electric Power (AEP) vs. AES (AES), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for American Electric Power (AEP) and AES (AES). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for American Electric Power (AEP) and AES (AES). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
Total Return (1Y)8.60%10.79%
Total Return (3Y, Annualized)22.18%3.44%
Total Return (5Y, Annualized)12.81%-5.12%

Risk Profile

Drawdown History

AEP
AES
GSPC
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American Electric Power (AEP) vs. AES (AES), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for American Electric Power (AEP) and AES (AES). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
Volatility (1Y, Annualized)18.45%25.19%
Beta (5Y)0.460.93
Max Drawdown (5Y)-29.56%-63.43%
Avg. Volume (3M)3.64M8.50M

Risk-Adjusted Performance

Risk-Return Positioning

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AEP and AES are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
Sharpe Ratio (1Y)0.230.26
Sortino Ratio (1Y)0.330.33

Profitability

ROE (TTM)

Both American Electric Power (AEP) at 10.60% and AES (AES) at 8.68% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

AEP

Utilities industry group

10.60%

Max
17.99%
Q3
12.01%
AEP
10.60%
Median
9.44%
Q1
7.56%
Min
2.17%

AES

Utilities industry group

8.68%

Max
17.99%
Q3
12.01%
Median
9.44%
AES
8.68%
Q1
7.56%
Min
2.17%
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American Electric Power (AEP) vs. AES (AES): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both American Electric Power (AEP) at 14.21% and AES (AES) at 13.16% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

AEP

Utilities industry group

14.21%

Max
28.78%
Q3
17.30%
AEP
14.21%
Median
12.73%
Q1
9.18%
Min
-0.20%

AES

Utilities industry group

13.16%

Max
28.78%
Q3
17.30%
AES
13.16%
Median
12.73%
Q1
9.18%
Min
-0.20%
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American Electric Power (AEP) vs. AES (AES): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both American Electric Power (AEP) at 26.89% and AES (AES) at 23.89% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AEP

Utilities industry group

26.89%

Max
53.83%
Q3
31.12%
AEP
26.89%
Median
23.62%
Q1
15.45%
Min
-4.90%

AES

Utilities industry group

23.89%

Max
53.83%
Q3
31.12%
AES
23.89%
Median
23.62%
Q1
15.45%
Min
-4.90%
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American Electric Power (AEP) vs. AES (AES): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
ROE (TTM)10.60%8.68%
ROA (TTM)3.04%3.13%
Net Margin (TTM)14.21%13.16%
Operating Margin (TTM)26.89%23.89%
Gross Margin (TTM)46.62%21.34%

Growth

Revenue Growth

American Electric Power (AEP) at 10.93% is around its peer norm for revenue growth, while AES (AES) at -0.37% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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American Electric Power (AEP) vs. AES (AES): A comparison of their Revenue Growth across different time periods.

EPS Growth

American Electric Power (AEP) at 19.35% is around its peer norm for EPS growth, while AES (AES) at -46.61% drops into the bottom quartile, signaling weaker earnings momentum.

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American Electric Power (AEP) vs. AES (AES): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
Revenue Growth (YoY)10.93%-0.37%
Revenue Growth (3Y CAGR)3.66%-1.03%
EPS Growth (YoY)19.35%-46.61%
EPS Growth (3Y CAGR)14.04%--

Financial Strength

Current Ratio (MRQ)

AES (AES) at 0.86 keeps current ratio within its industry’s typical mid-range, while American Electric Power (AEP) at 0.51 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AEP.

AEP

Utilities industry group

0.51

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
AEP
0.51
Min
0.29

AES

Utilities industry group

0.86

Max
1.90
Q3
1.17
Median
0.88
AES
0.86
Q1
0.66
Min
0.29
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American Electric Power (AEP) vs. AES (AES): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

American Electric Power (AEP) at 1.62 carries an industry-typical debt-to-equity mix, while AES (AES) at 2.43 uses more debt funding than most peers.

AEP

Utilities industry group

1.62

Max
2.63
Q3
1.77
AEP
1.62
Median
1.35
Q1
0.84
Min
0.00

AES

Utilities industry group

2.43

Max
2.63
AES
2.43
Q3
1.77
Median
1.35
Q1
0.84
Min
0.00
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American Electric Power (AEP) vs. AES (AES): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
Current Ratio (MRQ)0.510.86
Debt / Equity (MRQ)1.622.43
Net Debt / EBITDA5.767.28

Dividends

Dividend Yield (TTM)

AES (AES) at 4.73% delivers top-quartile income for its industry, while American Electric Power (AEP) at 3.00% pays a more typical yield — both are credible income propositions, AES the richer one.

AEP

Utilities industry group

3.00%

Max
6.66%
Q3
3.58%
AEP
3.00%
Median
2.85%
Q1
0.66%
Min
0.00%

AES

Utilities industry group

4.73%

Max
6.66%
AES
4.73%
Q3
3.58%
Median
2.85%
Q1
0.66%
Min
0.00%
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American Electric Power (AEP) vs. AES (AES): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

American Electric Power (AEP) at 62.09% keeps its payout within the industry’s typical band; AES (AES) at 28.27% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.

AEP

Utilities industry group

62.09%

Max
113.04%
Q3
68.72%
AEP
62.09%
Median
56.38%
Q1
32.38%
Min
0.00%

AES

Utilities industry group

28.27%

Max
113.04%
Q3
68.72%
Median
56.38%
Q1
32.38%
AES
28.27%
Min
0.00%
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American Electric Power (AEP) vs. AES (AES): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
Dividend Yield (TTM)3.00%4.73%
Dividend Payout Ratio (TTM)62.09%28.27%

Valuation

P/E Ratio (TTM)

AES (AES) at 5.97 sits in the cheaper P/E ratio quartile, while American Electric Power (AEP) at 20.67 is closer to its industry’s usual earnings multiple — a discount for AES, though growth and earnings durability still matter.

AEP

Utilities industry group

20.67

Max
31.22
Q3
23.30
AEP
20.67
Median
19.64
Q1
15.17
Min
3.34

AES

Utilities industry group

5.97

Max
31.22
Q3
23.30
Median
19.64
Q1
15.17
AES
5.97
Min
3.34
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American Electric Power (AEP) vs. AES (AES): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

AES (AES) at 0.78 sits in the cheaper P/S ratio quartile while American Electric Power (AEP) at 2.92 prices around its industry’s middle — AES costs less per dollar of sales, though read it alongside growth and margins.

AEP

Utilities industry group

2.92

Max
6.35
Q3
3.63
AEP
2.92
Median
2.63
Q1
1.52
Min
0.00

AES

Utilities industry group

0.78

Max
6.35
Q3
3.63
Median
2.63
Q1
1.52
AES
0.78
Min
0.00
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American Electric Power (AEP) vs. AES (AES): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both American Electric Power (AEP) at 2.10 and AES (AES) at 1.86 are valued close to their industries’ norm against book — neither stands out from peers.

AEP

Utilities industry group

2.10

Max
3.12
Q3
2.21
AEP
2.10
Median
1.83
Q1
1.46
Min
0.34

AES

Utilities industry group

1.86

Max
3.12
Q3
2.21
AES
1.86
Median
1.83
Q1
1.46
Min
0.34
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American Electric Power (AEP) vs. AES (AES): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for American Electric Power (AEP) and AES (AES)
MetricAEPAES
P/E Ratio (TTM)20.675.97
P/S Ratio (TTM)2.920.78
P/B Ratio (MRQ)2.101.86
Free Cash Flow Yield (TTM)-11.28%-30.54%