AEP vs. EMA: American Electric Power vs. Emera Stock Comparison

November 11, 2026

How do American Electric Power (AEP) and Emera (EMA) 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 Emera (EMA) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for American Electric Power (AEP) and Emera (EMA)
Profile Item	AEP	EMA
Name	American Electric Power Company, Inc.	Emera Inc.
Country/Region	United States	Canada
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Electric Utilities	Electric Utilities
GICS Sub-Industry	Electric Utilities	Electric Utilities
Market Capitalization	68.90 billion USD	15.62 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	January 2, 1962	January 5, 2010
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AEP

EMA

GSPC

American Electric Power (AEP) vs. Emera (EMA), 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

Loading price history…

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

Calendar-Year Returns

Loading price history…

Calendar-year total returns for American Electric Power (AEP) and Emera (EMA). 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 Emera (EMA)
Metric	AEP	EMA
Total Return (1Y)	8.60%	9.07%
Total Return (3Y, Annualized)	22.18%	18.64%
Total Return (5Y, Annualized)	12.81%	6.45%

Risk Profile

Drawdown History

AEP

EMA

GSPC

American Electric Power (AEP) vs. Emera (EMA), 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

Loading price history…

Distribution of monthly total returns for American Electric Power (AEP) and Emera (EMA). 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 Emera (EMA)
Metric	AEP	EMA
Volatility (1Y, Annualized)	18.45%	16.26%
Beta (5Y)	0.46	0.40
Max Drawdown (5Y)	-29.56%	-32.61%
Avg. Volume (3M)	3.64M	713.97K

Risk-Adjusted Performance

Risk-Return Positioning

AEP and EMA 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 Emera (EMA)
Metric	AEP	EMA
Sharpe Ratio (1Y)	0.23	0.29
Sortino Ratio (1Y)	0.33	0.43

Profitability

ROE (TTM)

Both American Electric Power (AEP) at 10.60% and Emera (EMA) at 7.56% 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%

EMA

Utilities industry group

7.56%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
EMA: 7.56%
Q1: 7.56%
Min: 2.17%

American Electric Power (AEP) vs. Emera (EMA): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both American Electric Power (AEP) at 14.21% and Emera (EMA) at 11.64% 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%

EMA

Utilities industry group

11.64%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
EMA: 11.64%
Q1: 9.18%
Min: -0.20%

American Electric Power (AEP) vs. Emera (EMA): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both American Electric Power (AEP) at 26.89% and Emera (EMA) at 17.85% 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%

EMA

Utilities industry group

17.85%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
EMA: 17.85%
Q1: 15.45%
Min: -4.90%

American Electric Power (AEP) vs. Emera (EMA): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for American Electric Power (AEP) and Emera (EMA)
Metric	AEP	EMA
ROE (TTM)	10.60%	7.56%
ROA (TTM)	3.04%	2.91%
Net Margin (TTM)	14.21%	11.64%
Operating Margin (TTM)	26.89%	17.85%
Gross Margin (TTM)	46.62%	43.76%

Growth

Revenue Growth

Emera (EMA) at 21.89% sits in the top revenue growth quartile, while American Electric Power (AEP) at 10.93% is closer to the peer norm — faster top-line expansion for EMA.

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

EPS Growth

Emera (EMA) at 97.66% clears its industry range for EPS growth, a much stronger earnings trajectory than American Electric Power (AEP) at 19.35%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for American Electric Power (AEP) and Emera (EMA)
Metric	AEP	EMA
Revenue Growth (YoY)	10.93%	21.89%
Revenue Growth (3Y CAGR)	3.66%	4.97%
EPS Growth (YoY)	19.35%	97.66%
EPS Growth (3Y CAGR)	14.04%	-1.62%

Financial Strength

Current Ratio (MRQ)

Emera (EMA) at 0.73 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

EMA

Utilities industry group

0.73

Max: 1.90
Q3: 1.17
Median: 0.88
EMA: 0.73
Q1: 0.66
Min: 0.29

American Electric Power (AEP) vs. Emera (EMA): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both American Electric Power (AEP) at 1.62 and Emera (EMA) at 1.54 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AEP

Utilities industry group

1.62

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

EMA

Utilities industry group

1.54

Max: 2.63
Q3: 1.77
EMA: 1.54
Median: 1.35
Q1: 0.84
Min: 0.00

American Electric Power (AEP) vs. Emera (EMA): 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 Emera (EMA)
Metric	AEP	EMA
Current Ratio (MRQ)	0.51	0.73
Debt / Equity (MRQ)	1.62	1.54
Net Debt / EBITDA	5.76	6.38

Dividends

Dividend Yield (TTM)

Emera (EMA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile American Electric Power (AEP) reports a yield of 3.00%, ranking against industry peers normally.

AEP

Utilities industry group

3.00%

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

EMA

Utilities industry group

0.00%

Max: 6.66%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
EMA: 0.00%
Min: 0.00%

American Electric Power (AEP) vs. Emera (EMA): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

American Electric Power (AEP) at 62.09% pays out a band-typical share of earnings, while Emera (EMA) at 92.48% distributes more than its industry norm — less retained, thinner cover.

AEP

Utilities industry group

62.09%

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

EMA

Utilities industry group

92.48%

Max: 113.04%
EMA: 92.48%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

American Electric Power (AEP) vs. Emera (EMA): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for American Electric Power (AEP) and Emera (EMA)
Metric	AEP	EMA
Dividend Yield (TTM)	3.00%	0.00%
Dividend Payout Ratio (TTM)	62.09%	92.48%

Valuation

P/E Ratio (TTM)

American Electric Power (AEP) at 20.67 is near its industry’s usual P/E ratio, while Emera (EMA) at 23.58 sits in the richer quartile — EMA needs stronger growth or earnings quality to justify the premium.

AEP

Utilities industry group

20.67

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

EMA

Utilities industry group

23.58

Max: 31.22
EMA: 23.58
Q3: 23.30
Median: 19.64
Q1: 15.17
Min: 3.34

American Electric Power (AEP) vs. Emera (EMA): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both American Electric Power (AEP) at 2.92 and Emera (EMA) at 1.75 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AEP

Utilities industry group

2.92

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

EMA

Utilities industry group

1.75

Max: 6.35
Q3: 3.63
Median: 2.63
EMA: 1.75
Q1: 1.52
Min: 0.00

American Electric Power (AEP) vs. Emera (EMA): 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 Emera (EMA) at 1.80 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

EMA

Utilities industry group

1.80

Max: 3.12
Q3: 2.21
Median: 1.83
EMA: 1.80
Q1: 1.46
Min: 0.34

American Electric Power (AEP) vs. Emera (EMA): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for American Electric Power (AEP) and Emera (EMA)
Metric	AEP	EMA
P/E Ratio (TTM)	20.67	23.58
P/S Ratio (TTM)	2.92	1.75
P/B Ratio (MRQ)	2.10	1.80
Free Cash Flow Yield (TTM)	-11.28%	-9.18%