AEP vs. FTS: American Electric Power vs. Fortis Stock Comparison
How do American Electric Power (AEP) and Fortis (FTS) 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 Fortis (FTS) 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 | FTS |
|---|---|---|
| Name | American Electric Power Company, Inc. | Fortis 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 | 31.00 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
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEP | FTS |
|---|---|---|
| Total Return (1Y) | 8.60% | 19.13% |
| Total Return (3Y, Annualized) | 22.18% | 17.59% |
| Total Return (5Y, Annualized) | 12.81% | 9.53% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AEP | FTS |
|---|---|---|
| Volatility (1Y, Annualized) | 18.45% | 14.85% |
| Beta (5Y) | 0.46 | 0.40 |
| Max Drawdown (5Y) | -29.56% | -30.13% |
| Avg. Volume (3M) | 3.64M | 879.23K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEP | FTS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.23 | 1.00 |
| Sortino Ratio (1Y) | 0.33 | 1.53 |
Profitability
ROE (TTM)
American Electric Power (AEP) at 10.60% is around its peer norm for ROE, while Fortis (FTS) at 7.55% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
AEP
Utilities industry group
10.60%
- Max
- 17.99%
- Q3
- 12.01%
- AEP
- 10.60%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
FTS
Utilities industry group
7.55%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- FTS
- 7.55%
- Min
- 2.17%
Net Margin (TTM)
Both American Electric Power (AEP) at 14.21% and Fortis (FTS) at 15.01% 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%
FTS
Utilities industry group
15.01%
- Max
- 28.78%
- Q3
- 17.30%
- FTS
- 15.01%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both American Electric Power (AEP) at 26.89% and Fortis (FTS) at 30.69% 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%
FTS
Utilities industry group
30.69%
- Max
- 53.83%
- Q3
- 31.12%
- FTS
- 30.69%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | AEP | FTS |
|---|---|---|
| ROE (TTM) | 10.60% | 7.55% |
| ROA (TTM) | 3.04% | 2.93% |
| Net Margin (TTM) | 14.21% | 15.01% |
| Operating Margin (TTM) | 26.89% | 30.69% |
| Gross Margin (TTM) | 46.62% | 45.52% |
Growth
Revenue Growth
Both American Electric Power (AEP) at 10.93% and Fortis (FTS) at 5.75% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both American Electric Power (AEP) at 19.35% and Fortis (FTS) at 4.94% 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 | FTS |
|---|---|---|
| Revenue Growth (YoY) | 10.93% | 5.75% |
| Revenue Growth (3Y CAGR) | 3.66% | 3.29% |
| EPS Growth (YoY) | 19.35% | 4.94% |
| EPS Growth (3Y CAGR) | 14.04% | 6.94% |
Financial Strength
Current Ratio (MRQ)
Fortis (FTS) at 0.69 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
FTS
Utilities industry group
0.69
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- FTS
- 0.69
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Both American Electric Power (AEP) at 1.62 and Fortis (FTS) at 1.35 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
FTS
Utilities industry group
1.35
- Max
- 2.63
- Q3
- 1.77
- FTS
- 1.35
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | AEP | FTS |
|---|---|---|
| Current Ratio (MRQ) | 0.51 | 0.69 |
| Debt / Equity (MRQ) | 1.62 | 1.35 |
| Net Debt / EBITDA | 5.76 | 6.22 |
Dividends
Dividend Yield (TTM)
Fortis (FTS) at 4.18% 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, FTS 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%
FTS
Utilities industry group
4.18%
- Max
- 6.66%
- FTS
- 4.18%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
American Electric Power (AEP) at 62.09% pays out a band-typical share of earnings, while Fortis (FTS) at 72.73% 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%
FTS
Utilities industry group
72.73%
- Max
- 113.04%
- FTS
- 72.73%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | AEP | FTS |
|---|---|---|
| Dividend Yield (TTM) | 3.00% | 4.18% |
| Dividend Payout Ratio (TTM) | 62.09% | 72.73% |
Valuation
P/E Ratio (TTM)
American Electric Power (AEP) at 20.67 is near its industry’s usual P/E ratio, while Fortis (FTS) at 23.66 sits in the richer quartile — FTS 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
FTS
Utilities industry group
23.66
- Max
- 31.22
- FTS
- 23.66
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both American Electric Power (AEP) at 2.92 and Fortis (FTS) at 2.47 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
FTS
Utilities industry group
2.47
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- FTS
- 2.47
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both American Electric Power (AEP) at 2.10 and Fortis (FTS) at 1.79 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
FTS
Utilities industry group
1.79
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- FTS
- 1.79
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | AEP | FTS |
|---|---|---|
| P/E Ratio (TTM) | 20.67 | 23.66 |
| P/S Ratio (TTM) | 2.92 | 2.47 |
| P/B Ratio (MRQ) | 2.10 | 1.79 |
| Free Cash Flow Yield (TTM) | -11.28% | -9.42% |