American Electric Power (AEP) vs. Southern Company (SO)
This page compares American Electric Power (AEP) with Southern Company (SO) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
American Electric Power (AEP) and Southern Company (SO) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.
| Symbol | AEP | SO |
|---|---|---|
| Name | American Electric Power Company, Inc. | The Southern Company |
| 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 | 69.51 billion USD | 104.78 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 2, 1962 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
American Electric Power (AEP) at 18.90 carries typical industry Price-to-Earnings Ratio (TTM), while Southern Company (SO) at 23.77 sits in the higher-multiple quartile — SO carries a higher trailing earnings multiple relative to peers.
AEP
Utilities industry group
18.90
- Max
- 30.91
- Q3
- 23.05
- Median
- 19.74
- Q1
- 16.24
- Min
- 6.30
SO
Utilities industry group
23.77
- Max
- 30.91
- Q3
- 23.05
- Median
- 19.74
- Q1
- 16.24
- Min
- 6.30
Price-to-Sales Ratio (TTM)
On Price-to-Sales Ratio (TTM), both American Electric Power (AEP) at 3.10 and Southern Company (SO) at 3.47 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AEP
Utilities industry group
3.10
- Max
- 6.35
- Q3
- 3.56
- Median
- 2.54
- Q1
- 1.63
- Min
- 0.00
SO
Utilities industry group
3.47
- Max
- 6.35
- Q3
- 3.56
- Median
- 2.54
- Q1
- 1.63
- Min
- 0.00
Price-to-Book Ratio (MRQ)
American Electric Power (AEP) at 2.18 is valued about in line with its industry on Price-to-Book Ratio (MRQ), while Southern Company (SO) at 2.82 carries a peer-beating premium to book — SO is pricier on assets.
AEP
Utilities industry group
2.18
- Max
- 3.72
- Q3
- 2.42
- Median
- 1.87
- Q1
- 1.40
- Min
- 0.34
SO
Utilities industry group
2.82
- Max
- 3.72
- Q3
- 2.42
- Median
- 1.87
- Q1
- 1.40
- Min
- 0.34
Valuation at a Glance
| Symbol | AEP | SO |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 18.90 | 23.77 |
| Price-to-Sales Ratio (TTM) | 3.10 | 3.47 |
| Price-to-Book Ratio (MRQ) | 2.18 | 2.82 |
| Free Cash Flow Yield | -10.00% | -3.77% |
Profitability
Return on Equity (TTM)
American Electric Power (AEP) at 12.59% ranks in the top quartile for Return on Equity (TTM), ahead of Southern Company (SO) at 10.99%, which sits closer to the industry mid-range.
AEP
Utilities industry group
12.59%
- Max
- 16.11%
- Q3
- 11.15%
- Median
- 9.46%
- Q1
- 7.50%
- Min
- 2.67%
SO
Utilities industry group
10.99%
- Max
- 16.11%
- Q3
- 11.15%
- Median
- 9.46%
- Q1
- 7.50%
- Min
- 2.67%
Net Profit Margin (TTM)
Both American Electric Power (AEP) at 16.29% and Southern Company (SO) at 14.46% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
AEP
Utilities industry group
16.29%
- Max
- 29.37%
- Q3
- 17.31%
- Median
- 12.55%
- Q1
- 9.24%
- Min
- -0.65%
SO
Utilities industry group
14.46%
- Max
- 29.37%
- Q3
- 17.31%
- Median
- 12.55%
- Q1
- 9.24%
- Min
- -0.65%
Operating Profit Margin (TTM)
Both American Electric Power (AEP) at 23.74% and Southern Company (SO) at 25.82% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
AEP
Utilities industry group
23.74%
- Max
- 43.52%
- Q3
- 30.09%
- Median
- 23.50%
- Q1
- 16.61%
- Min
- 0.00%
SO
Utilities industry group
25.82%
- Max
- 43.52%
- Q3
- 30.09%
- Median
- 23.50%
- Q1
- 16.61%
- Min
- 0.00%
Profitability at a Glance
| Symbol | AEP | SO |
|---|---|---|
| Return on Equity (TTM) | 12.59% | 10.99% |
| Return on Assets (TTM) | 3.17% | 3.24% |
| Net Profit Margin (TTM) | 16.29% | 14.46% |
| Operating Profit Margin (TTM) | 23.74% | 25.82% |
| Gross Profit Margin (TTM) | 47.24% | 48.00% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | AEP | SO |
|---|---|---|
| 1-Year Revenue Growth | 10.93% | 10.59% |
| 3-Year Revenue CAGR | 3.66% | 0.31% |
EPS Growth
EPS Growth at a Glance
| Symbol | AEP | SO |
|---|---|---|
| 1-Year EPS Growth | 19.35% | -1.75% |
| 3-Year EPS CAGR | 14.04% | 6.34% |
Financial Strength
Current Ratio (MRQ)
Both American Electric Power (AEP) at 0.53 and Southern Company (SO) at 0.65 run Current Ratio (MRQ) in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
AEP
Utilities industry group
0.53
- Max
- 1.88
- Q3
- 1.16
- Median
- 0.90
- Q1
- 0.65
- Min
- 0.33
SO
Utilities industry group
0.65
- Max
- 1.88
- Q3
- 1.16
- Median
- 0.90
- Q1
- 0.65
- Min
- 0.33
Debt-to-Equity Ratio (MRQ)
American Electric Power (AEP) at 1.57 carries Debt-to-Equity Ratio (MRQ) around its industry mid-range, while Southern Company (SO) at 1.90 sits in the higher-leverage quartile.
AEP
Utilities industry group
1.57
- Max
- 3.02
- Q3
- 1.81
- Median
- 1.34
- Q1
- 0.85
- Min
- 0.00
SO
Utilities industry group
1.90
- Max
- 3.02
- Q3
- 1.81
- Median
- 1.34
- Q1
- 0.85
- Min
- 0.00
Financial Strength at a Glance
| Symbol | AEP | SO |
|---|---|---|
| Current Ratio (MRQ) | 0.53 | 0.65 |
| Debt-to-Equity Ratio (MRQ) | 1.57 | 1.90 |
| Net Debt / EBITDA | 5.61 | 5.37 |
Dividends
Dividend Yield (TTM)
Both American Electric Power (AEP) at 2.97% and Southern Company (SO) at 3.27% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.
AEP
Utilities industry group
2.97%
- Max
- 6.20%
- Q3
- 4.04%
- Median
- 3.14%
- Q1
- 2.36%
- Min
- 0.00%
SO
Utilities industry group
3.27%
- Max
- 6.20%
- Q3
- 4.04%
- Median
- 3.14%
- Q1
- 2.36%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
American Electric Power (AEP) at 55.62% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. Southern Company (SO) at 75.70% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
AEP
Utilities industry group
55.62%
- Max
- 116.67%
- Q3
- 73.40%
- Median
- 58.69%
- Q1
- 36.87%
- Min
- 0.00%
SO
Utilities industry group
75.70%
- Max
- 116.67%
- Q3
- 73.40%
- Median
- 58.69%
- Q1
- 36.87%
- Min
- 0.00%
Dividends at a Glance
| Symbol | AEP | SO |
|---|---|---|
| Dividend Yield (TTM) | 2.97% | 3.27% |
| Dividend Payout Ratio (TTM) | 55.62% | 75.70% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | AEP | SO |
|---|---|---|
| 1-Year Return | 28.48% | 6.80% |
| 1-Year Volatility | 18.36% | 16.10% |
| Beta | 0.53 | 0.35 |
| 3-Month Avg. Volume | 3.81M | 5.21M |