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AEP vs. ES: American Electric Power vs. Eversource Energy Stock Comparison

How do American Electric Power (AEP) and Eversource Energy (ES) 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 Eversource Energy (ES) 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 Eversource Energy (ES)
Profile ItemAEPES
NameAmerican Electric Power Company, Inc.Eversource Energy
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesElectric Utilities
GICS Sub-IndustryElectric UtilitiesElectric Utilities
Market Capitalization68.90 billion USD26.31 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 2, 1962February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AEP
ES
GSPC
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American Electric Power (AEP) vs. Eversource Energy (ES), 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 Eversource Energy (ES). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for American Electric Power (AEP) and Eversource Energy (ES). 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 Eversource Energy (ES)
MetricAEPES
Total Return (1Y)8.60%0.35%
Total Return (3Y, Annualized)22.18%14.06%
Total Return (5Y, Annualized)12.81%0.61%

Risk Profile

Drawdown History

AEP
ES
GSPC
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American Electric Power (AEP) vs. Eversource Energy (ES), 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 Eversource Energy (ES). 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 Eversource Energy (ES)
MetricAEPES
Volatility (1Y, Annualized)18.45%24.60%
Beta (5Y)0.460.65
Max Drawdown (5Y)-29.56%-41.69%
Avg. Volume (3M)3.64M2.53M

Risk-Adjusted Performance

Risk-Return Positioning

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AEP and ES 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 Eversource Energy (ES)
MetricAEPES
Sharpe Ratio (1Y)0.23-0.16
Sortino Ratio (1Y)0.33-0.20

Profitability

ROE (TTM)

Capital efficiency shows on one side only: American Electric Power (AEP) earns 10.60% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.

AEP

Utilities industry group

10.60%

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

ES

Utilities industry group

--

Max
17.99%
Q3
12.01%
Median
9.44%
Q1
7.56%
Min
2.17%
ES
--
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American Electric Power (AEP) vs. Eversource Energy (ES): ES does not report ROE, so it has no value marker; AEP is benchmarked against the Utilities industry group.

Net Margin (TTM)

Both American Electric Power (AEP) at 14.21% and Eversource Energy (ES) at 10.38% 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%

ES

Utilities industry group

10.38%

Max
28.78%
Q3
17.30%
Median
12.73%
ES
10.38%
Q1
9.18%
Min
-0.20%
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American Electric Power (AEP) vs. Eversource Energy (ES): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both American Electric Power (AEP) at 26.89% and Eversource Energy (ES) at 21.14% 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%

ES

Utilities industry group

21.14%

Max
53.83%
Q3
31.12%
Median
23.62%
ES
21.14%
Q1
15.45%
Min
-4.90%
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American Electric Power (AEP) vs. Eversource Energy (ES): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for American Electric Power (AEP) and Eversource Energy (ES)
MetricAEPES
ROE (TTM)10.60%--
ROA (TTM)3.04%--
Net Margin (TTM)14.21%10.38%
Operating Margin (TTM)26.89%21.14%
Gross Margin (TTM)46.62%51.63%

Growth

Revenue Growth

Eversource Energy (ES) at 13.83% 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 ES.

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

EPS Growth

Eversource Energy (ES) at 100.88% 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.

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

Growth Metrics

Growth metrics for American Electric Power (AEP) and Eversource Energy (ES)
MetricAEPES
Revenue Growth (YoY)10.93%13.83%
Revenue Growth (3Y CAGR)3.66%3.30%
EPS Growth (YoY)19.35%100.88%
EPS Growth (3Y CAGR)14.04%4.03%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: American Electric Power (AEP) shows current ratio of 0.51 against its industry benchmark, while Eversource Energy (ES) has no reading this period.

AEP

Utilities industry group

0.51

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

ES

Utilities industry group

--

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
Min
0.29
ES
--
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American Electric Power (AEP) vs. Eversource Energy (ES): ES does not report current ratio, so it has no value marker; AEP is benchmarked against the Utilities industry group.

Debt / Equity (MRQ)

American Electric Power (AEP) at 1.62 carries an industry-typical debt-to-equity mix, while Eversource Energy (ES) at 1.81 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

ES

Utilities industry group

1.81

Max
2.63
ES
1.81
Q3
1.77
Median
1.35
Q1
0.84
Min
0.00
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American Electric Power (AEP) vs. Eversource Energy (ES): 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 Eversource Energy (ES)
MetricAEPES
Current Ratio (MRQ)0.51--
Debt / Equity (MRQ)1.621.81
Net Debt / EBITDA5.765.73

Dividends

Dividend Yield (TTM)

Eversource Energy (ES) at 4.33% 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, ES 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%

ES

Utilities industry group

4.33%

Max
6.66%
ES
4.33%
Q3
3.58%
Median
2.85%
Q1
0.66%
Min
0.00%
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American Electric Power (AEP) vs. Eversource Energy (ES): 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 Eversource Energy (ES) at 82.19% 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%

ES

Utilities industry group

82.19%

Max
113.04%
ES
82.19%
Q3
68.72%
Median
56.38%
Q1
32.38%
Min
0.00%
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American Electric Power (AEP) vs. Eversource Energy (ES): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for American Electric Power (AEP) and Eversource Energy (ES)
MetricAEPES
Dividend Yield (TTM)3.00%4.33%
Dividend Payout Ratio (TTM)62.09%82.19%

Valuation

P/E Ratio (TTM)

Both American Electric Power (AEP) at 20.67 and Eversource Energy (ES) at 18.43 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AEP

Utilities industry group

20.67

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

ES

Utilities industry group

18.43

Max
31.22
Q3
23.30
Median
19.64
ES
18.43
Q1
15.17
Min
3.34
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American Electric Power (AEP) vs. Eversource Energy (ES): 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 Eversource Energy (ES) at 1.91 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

ES

Utilities industry group

1.91

Max
6.35
Q3
3.63
Median
2.63
ES
1.91
Q1
1.52
Min
0.00
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American Electric Power (AEP) vs. Eversource Energy (ES): 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 Eversource Energy (ES) at 1.61 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

ES

Utilities industry group

1.61

Max
3.12
Q3
2.21
Median
1.83
ES
1.61
Q1
1.46
Min
0.34
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American Electric Power (AEP) vs. Eversource Energy (ES): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for American Electric Power (AEP) and Eversource Energy (ES)
MetricAEPES
P/E Ratio (TTM)20.6718.43
P/S Ratio (TTM)2.921.91
P/B Ratio (MRQ)2.101.61
Free Cash Flow Yield (TTM)-11.28%--