AEP vs. PCG: American Electric Power vs. PG&E Stock Comparison
How do American Electric Power (AEP) and PG&E (PCG) 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 PG&E (PCG) 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 | PCG |
|---|---|---|
| Name | American Electric Power Company, Inc. | PG&E 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 | 68.90 billion USD | 28.57 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 2, 1962 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEP | PCG |
|---|---|---|
| Total Return (1Y) | 8.60% | -19.03% |
| Total Return (3Y, Annualized) | 22.18% | -6.50% |
| Total Return (5Y, Annualized) | 12.81% | 2.05% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AEP | PCG |
|---|---|---|
| Volatility (1Y, Annualized) | 18.45% | 34.84% |
| Beta (5Y) | 0.46 | 0.17 |
| Max Drawdown (5Y) | -29.56% | -43.92% |
| Avg. Volume (3M) | 3.64M | 39.33M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEP | PCG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.23 | -0.67 |
| Sortino Ratio (1Y) | 0.33 | -0.81 |
Profitability
ROE (TTM)
Both American Electric Power (AEP) at 10.60% and PG&E (PCG) at 8.89% 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%
PCG
Utilities industry group
8.89%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- PCG
- 8.89%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both American Electric Power (AEP) at 14.21% and PG&E (PCG) at 11.57% 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%
PCG
Utilities industry group
11.57%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- PCG
- 11.57%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both American Electric Power (AEP) at 26.89% and PG&E (PCG) at 23.64% 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%
PCG
Utilities industry group
23.64%
- Max
- 53.83%
- Q3
- 31.12%
- PCG
- 23.64%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | AEP | PCG |
|---|---|---|
| ROE (TTM) | 10.60% | 8.89% |
| ROA (TTM) | 3.04% | 2.59% |
| Net Margin (TTM) | 14.21% | 11.57% |
| Operating Margin (TTM) | 26.89% | 23.64% |
| Gross Margin (TTM) | 46.62% | 40.57% |
Growth
Revenue Growth
American Electric Power (AEP) at 10.93% is around its peer norm for revenue growth, while PG&E (PCG) at 2.11% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both American Electric Power (AEP) at 19.35% and PG&E (PCG) at 2.61% 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 | PCG |
|---|---|---|
| Revenue Growth (YoY) | 10.93% | 2.11% |
| Revenue Growth (3Y CAGR) | 3.66% | 4.77% |
| EPS Growth (YoY) | 19.35% | 2.61% |
| EPS Growth (3Y CAGR) | 14.04% | 12.00% |
Financial Strength
Current Ratio (MRQ)
PG&E (PCG) at 1.03 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
PCG
Utilities industry group
1.03
- Max
- 1.90
- Q3
- 1.17
- PCG
- 1.03
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
American Electric Power (AEP) at 1.62 carries an industry-typical debt-to-equity mix, while PG&E (PCG) at 1.88 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
PCG
Utilities industry group
1.88
- Max
- 2.63
- PCG
- 1.88
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | AEP | PCG |
|---|---|---|
| Current Ratio (MRQ) | 0.51 | 1.03 |
| Debt / Equity (MRQ) | 1.62 | 1.88 |
| Net Debt / EBITDA | 5.76 | 6.05 |
Dividends
Dividend Yield (TTM)
Both American Electric Power (AEP) at 3.00% and PG&E (PCG) at 1.51% 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%
PCG
Utilities industry group
1.51%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- PCG
- 1.51%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
American Electric Power (AEP) at 62.09% keeps its payout within the industry’s typical band; PG&E (PCG) at 14.81% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.
AEP
Utilities industry group
62.09%
- Max
- 113.04%
- Q3
- 68.72%
- AEP
- 62.09%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
PCG
Utilities industry group
14.81%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- PCG
- 14.81%
- Min
- 0.00%
Dividend Metrics
| Metric | AEP | PCG |
|---|---|---|
| Dividend Yield (TTM) | 3.00% | 1.51% |
| Dividend Payout Ratio (TTM) | 62.09% | 14.81% |
Valuation
P/E Ratio (TTM)
PG&E (PCG) at 9.61 sits in the cheaper P/E ratio quartile, while American Electric Power (AEP) at 20.67 is closer to its industry’s usual earnings multiple — a discount for PCG, though growth and earnings durability still matter.
AEP
Utilities industry group
20.67
- Max
- 31.22
- Q3
- 23.30
- AEP
- 20.67
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
PCG
Utilities industry group
9.61
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- PCG
- 9.61
- Min
- 3.34
P/S Ratio (TTM)
PG&E (PCG) at 1.11 sits in the cheaper P/S ratio quartile while American Electric Power (AEP) at 2.92 prices around its industry’s middle — PCG costs less per dollar of sales, though read it alongside growth and margins.
AEP
Utilities industry group
2.92
- Max
- 6.35
- Q3
- 3.63
- AEP
- 2.92
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
PCG
Utilities industry group
1.11
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- PCG
- 1.11
- Min
- 0.00
P/B Ratio (MRQ)
PG&E (PCG) at 0.87 sits in the lower P/B ratio quartile against book while American Electric Power (AEP) at 2.10 is valued near its industry’s middle — PCG is cheaper on assets, though weigh it against ROE and asset quality.
AEP
Utilities industry group
2.10
- Max
- 3.12
- Q3
- 2.21
- AEP
- 2.10
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
PCG
Utilities industry group
0.87
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- PCG
- 0.87
- Min
- 0.34
Valuation Metrics
| Metric | AEP | PCG |
|---|---|---|
| P/E Ratio (TTM) | 20.67 | 9.61 |
| P/S Ratio (TTM) | 2.92 | 1.11 |
| P/B Ratio (MRQ) | 2.10 | 0.87 |
| Free Cash Flow Yield (TTM) | -11.28% | -22.73% |