AEP vs. EVRG: American Electric Power vs. Evergy Stock Comparison
How do American Electric Power (AEP) and Evergy (EVRG) 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 Evergy (EVRG) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.
| Profile Item | AEP | EVRG |
|---|---|---|
| Name | American Electric Power Company, Inc. | Evergy Inc. |
| 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 | 68.90 billion USD | 20.53 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 2, 1962 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEP | EVRG |
|---|---|---|
| Total Return (1Y) | 8.60% | 20.55% |
| Total Return (3Y, Annualized) | 22.18% | 26.35% |
| Total Return (5Y, Annualized) | 12.81% | 10.88% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AEP | EVRG |
|---|---|---|
| Volatility (1Y, Annualized) | 18.45% | 16.50% |
| Beta (5Y) | 0.46 | 0.48 |
| Max Drawdown (5Y) | -29.56% | -29.83% |
| Avg. Volume (3M) | 3.64M | 2.25M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEP | EVRG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.23 | 0.99 |
| Sortino Ratio (1Y) | 0.33 | 1.44 |
Profitability
ROE (TTM)
Both American Electric Power (AEP) at 10.60% and Evergy (EVRG) at 10.06% 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%
EVRG
Utilities industry group
10.06%
- Max
- 17.99%
- Q3
- 12.01%
- EVRG
- 10.06%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both American Electric Power (AEP) at 14.21% and Evergy (EVRG) at 16.67% 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%
EVRG
Utilities industry group
16.67%
- Max
- 28.78%
- Q3
- 17.30%
- EVRG
- 16.67%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Evergy (EVRG) at 38.46% operates in the top operating margin quartile, ahead of American Electric Power (AEP) at 26.89%, which runs around its industry’s norm.
AEP
Utilities industry group
26.89%
- Max
- 53.83%
- Q3
- 31.12%
- AEP
- 26.89%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
EVRG
Utilities industry group
38.46%
- Max
- 53.83%
- EVRG
- 38.46%
- Q3
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | AEP | EVRG |
|---|---|---|
| ROE (TTM) | 10.60% | 10.06% |
| ROA (TTM) | 3.04% | 3.12% |
| Net Margin (TTM) | 14.21% | 16.67% |
| Operating Margin (TTM) | 26.89% | 38.46% |
| Gross Margin (TTM) | 46.62% | 52.95% |
Growth
Revenue Growth
American Electric Power (AEP) at 10.93% is around its peer norm for revenue growth, while Evergy (EVRG) at 1.95% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both American Electric Power (AEP) at 19.35% and Evergy (EVRG) at -3.43% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | AEP | EVRG |
|---|---|---|
| Revenue Growth (YoY) | 10.93% | 1.95% |
| Revenue Growth (3Y CAGR) | 3.66% | 0.58% |
| EPS Growth (YoY) | 19.35% | -3.43% |
| EPS Growth (3Y CAGR) | 14.04% | 3.83% |
Financial Strength
Current Ratio (MRQ)
Both American Electric Power (AEP) at 0.51 and Evergy (EVRG) at 0.49 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
AEP
Utilities industry group
0.51
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- AEP
- 0.51
- Min
- 0.29
EVRG
Utilities industry group
0.49
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- EVRG
- 0.49
- Min
- 0.29
Debt / Equity (MRQ)
Both American Electric Power (AEP) at 1.62 and Evergy (EVRG) at 1.47 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
EVRG
Utilities industry group
1.47
- Max
- 2.63
- Q3
- 1.77
- EVRG
- 1.47
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | AEP | EVRG |
|---|---|---|
| Current Ratio (MRQ) | 0.51 | 0.49 |
| Debt / Equity (MRQ) | 1.62 | 1.47 |
| Net Debt / EBITDA | 5.76 | 5.39 |
Dividends
Dividend Yield (TTM)
Both American Electric Power (AEP) at 3.00% and Evergy (EVRG) at 3.18% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AEP
Utilities industry group
3.00%
- Max
- 6.66%
- Q3
- 3.58%
- AEP
- 3.00%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
EVRG
Utilities industry group
3.18%
- Max
- 6.66%
- Q3
- 3.58%
- EVRG
- 3.18%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both American Electric Power (AEP) at 62.09% and Evergy (EVRG) at 61.92% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AEP
Utilities industry group
62.09%
- Max
- 113.04%
- Q3
- 68.72%
- AEP
- 62.09%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
EVRG
Utilities industry group
61.92%
- Max
- 113.04%
- Q3
- 68.72%
- EVRG
- 61.92%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | AEP | EVRG |
|---|---|---|
| Dividend Yield (TTM) | 3.00% | 3.18% |
| Dividend Payout Ratio (TTM) | 62.09% | 61.92% |
Valuation
P/E Ratio (TTM)
Both American Electric Power (AEP) at 20.67 and Evergy (EVRG) at 19.50 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
EVRG
Utilities industry group
19.50
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- EVRG
- 19.50
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both American Electric Power (AEP) at 2.92 and Evergy (EVRG) at 3.22 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
EVRG
Utilities industry group
3.22
- Max
- 6.35
- Q3
- 3.63
- EVRG
- 3.22
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both American Electric Power (AEP) at 2.10 and Evergy (EVRG) 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
EVRG
Utilities industry group
1.86
- Max
- 3.12
- Q3
- 2.21
- EVRG
- 1.86
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | AEP | EVRG |
|---|---|---|
| P/E Ratio (TTM) | 20.67 | 19.50 |
| P/S Ratio (TTM) | 2.92 | 3.22 |
| P/B Ratio (MRQ) | 2.10 | 1.86 |
| Free Cash Flow Yield (TTM) | -11.28% | -7.14% |