American Electric Power (AEP) vs. Constellation Energy (CEG)
This page compares American Electric Power (AEP) with Constellation Energy (CEG) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
American Electric Power (AEP) and Constellation Energy (CEG) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.
American Electric Power (AEP) has more than two decades of public-market history since January 2, 1962, whereas Constellation Energy (CEG) listed on January 19, 2022 and has a much shorter record to draw on.
| Symbol | AEP | CEG |
|---|---|---|
| Name | American Electric Power Company, Inc. | Constellation Energy Corporation |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Electric Utilities |
| GICS Sub-Industry | Electric Utilities | Electric Utilities |
| Market Capitalization | 69.53 billion USD | 103.93 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 2, 1962 | January 19, 2022 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
American Electric Power (AEP) at 18.90 carries typical industry Price-to-Earnings Ratio (TTM), while Constellation Energy (CEG) at 25.00 sits in the higher-multiple quartile — CEG carries a higher trailing earnings multiple relative to peers.
AEP
Utilities industry group
18.90
- Max
- 30.73
- Q3
- 22.81
- Median
- 19.44
- Q1
- 16.02
- Min
- 6.18
CEG
Utilities industry group
25.00
- Max
- 30.73
- Q3
- 22.81
- Median
- 19.44
- Q1
- 16.02
- Min
- 6.18
Price-to-Sales Ratio (TTM)
On Price-to-Sales Ratio (TTM), both American Electric Power (AEP) at 3.10 and Constellation Energy (CEG) at 3.48 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AEP
Utilities industry group
3.10
- Max
- 6.41
- Q3
- 3.57
- Median
- 2.67
- Q1
- 1.62
- Min
- 0.00
CEG
Utilities industry group
3.48
- Max
- 6.41
- Q3
- 3.57
- Median
- 2.67
- Q1
- 1.62
- Min
- 0.00
Price-to-Book Ratio (MRQ)
American Electric Power (AEP) at 2.19 is valued about in line with its industry on Price-to-Book Ratio (MRQ), while Constellation Energy (CEG) at 3.11 carries a peer-beating premium to book — CEG is pricier on assets.
AEP
Utilities industry group
2.19
- Max
- 3.40
- Q3
- 2.38
- Median
- 1.87
- Q1
- 1.41
- Min
- 0.36
CEG
Utilities industry group
3.11
- Max
- 3.40
- Q3
- 2.38
- Median
- 1.87
- Q1
- 1.41
- Min
- 0.36
Valuation at a Glance
| Symbol | AEP | CEG |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 18.90 | 25.00 |
| Price-to-Sales Ratio (TTM) | 3.10 | 3.48 |
| Price-to-Book Ratio (MRQ) | 2.19 | 3.11 |
| Free Cash Flow Yield | -10.00% | -4.31% |
Profitability
Return on Equity (TTM)
Both American Electric Power (AEP) at 12.59% and Constellation Energy (CEG) at 16.11% rank in the top quartile for Return on Equity (TTM) among industry peers, indicating strong returns on shareholders’ equity.
AEP
Utilities industry group
12.59%
- Max
- 16.11%
- Q3
- 11.07%
- Median
- 9.45%
- Q1
- 7.39%
- Min
- 2.67%
CEG
Utilities industry group
16.11%
- Max
- 16.11%
- Q3
- 11.07%
- Median
- 9.45%
- Q1
- 7.39%
- Min
- 2.67%
Net Profit Margin (TTM)
Both American Electric Power (AEP) at 16.29% and Constellation Energy (CEG) at 12.69% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
AEP
Utilities industry group
16.29%
- Max
- 29.37%
- Q3
- 17.12%
- Median
- 12.54%
- Q1
- 8.87%
- Min
- -0.65%
CEG
Utilities industry group
12.69%
- Max
- 29.37%
- Q3
- 17.12%
- Median
- 12.54%
- Q1
- 8.87%
- Min
- -0.65%
Operating Profit Margin (TTM)
Both American Electric Power (AEP) at 23.74% and Constellation Energy (CEG) at 21.86% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
AEP
Utilities industry group
23.74%
- Max
- 43.52%
- Q3
- 30.05%
- Median
- 23.27%
- Q1
- 15.96%
- Min
- 0.00%
CEG
Utilities industry group
21.86%
- Max
- 43.52%
- Q3
- 30.05%
- Median
- 23.27%
- Q1
- 15.96%
- Min
- 0.00%
Profitability at a Glance
| Symbol | AEP | CEG |
|---|---|---|
| Return on Equity (TTM) | 12.59% | 16.11% |
| Return on Assets (TTM) | 3.17% | 4.20% |
| Net Profit Margin (TTM) | 16.29% | 12.69% |
| Operating Profit Margin (TTM) | 23.74% | 21.86% |
| Gross Profit Margin (TTM) | 47.24% | 23.26% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | AEP | CEG |
|---|---|---|
| 1-Year Revenue Growth | 10.93% | 8.34% |
| 3-Year Revenue CAGR | 3.66% | 1.47% |
EPS Growth
EPS Growth at a Glance
| Symbol | AEP | CEG |
|---|---|---|
| 1-Year EPS Growth | 19.35% | -37.76% |
| 3-Year EPS CAGR | 14.04% | -- |
Financial Strength
Current Ratio (MRQ)
Constellation Energy (CEG) at 1.36 carries Current Ratio (MRQ) above its industry mid-range, while American Electric Power (AEP) at 0.53 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
AEP
Utilities industry group
0.53
- Max
- 1.88
- Q3
- 1.17
- Median
- 0.92
- Q1
- 0.65
- Min
- 0.33
CEG
Utilities industry group
1.36
- Max
- 1.88
- Q3
- 1.17
- Median
- 0.92
- Q1
- 0.65
- Min
- 0.33
Debt-to-Equity Ratio (MRQ)
Constellation Energy (CEG) at 0.66 maintains Debt-to-Equity Ratio (MRQ) in the lower-leverage quartile of industry peers, ahead of American Electric Power (AEP) at 1.57, which sits around the industry mid-range.
AEP
Utilities industry group
1.57
- Max
- 3.02
- Q3
- 1.83
- Median
- 1.34
- Q1
- 0.86
- Min
- 0.00
CEG
Utilities industry group
0.66
- Max
- 3.02
- Q3
- 1.83
- Median
- 1.34
- Q1
- 0.86
- Min
- 0.00
Financial Strength at a Glance
| Symbol | AEP | CEG |
|---|---|---|
| Current Ratio (MRQ) | 0.53 | 1.36 |
| Debt-to-Equity Ratio (MRQ) | 1.57 | 0.66 |
| Net Debt / EBITDA | 5.61 | 2.71 |
Dividends
Dividend Yield (TTM)
American Electric Power (AEP) at 2.97% reports Dividend Yield (TTM) around its industry mid-range, while Constellation Energy (CEG) at 0.59% drops into the bottom quartile.
AEP
Utilities industry group
2.97%
- Max
- 6.17%
- Q3
- 4.02%
- Median
- 3.16%
- Q1
- 2.31%
- Min
- 0.00%
CEG
Utilities industry group
0.59%
- Max
- 6.17%
- Q3
- 4.02%
- Median
- 3.16%
- Q1
- 2.31%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
American Electric Power (AEP) at 55.62% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. Constellation Energy (CEG) at 13.81% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
AEP
Utilities industry group
55.62%
- Max
- 116.67%
- Q3
- 73.07%
- Median
- 58.51%
- Q1
- 35.58%
- Min
- 0.00%
CEG
Utilities industry group
13.81%
- Max
- 116.67%
- Q3
- 73.07%
- Median
- 58.51%
- Q1
- 35.58%
- Min
- 0.00%
Dividends at a Glance
| Symbol | AEP | CEG |
|---|---|---|
| Dividend Yield (TTM) | 2.97% | 0.59% |
| Dividend Payout Ratio (TTM) | 55.62% | 13.81% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | AEP | CEG |
|---|---|---|
| 1-Year Return | 29.44% | -4.65% |
| 1-Year Volatility | 18.20% | 46.12% |
| Beta | 0.53 | 1.09 |
| 3-Month Avg. Volume | 3.84M | 3.09M |