Is AEE or XEL cheaper?

On trailing earnings, AEE is cheaper: AEE trades at a 19.87 P/E and XEL at 22.67.

Which has grown faster, AEE or XEL?

Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus XEL at 3.82%.

Does AEE or XEL pay a bigger dividend?

AEE yields 2.64% and XEL yields 2.93% based on trailing dividends and the latest price.

Is AEE or XEL more profitable?

AEE runs the higher net margin — AEE at 17.17% versus XEL at 14.14%.

Which has been the better investment, AEE or XEL?

Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.18% versus XEL at 9.63%. Past performance doesn't predict future results.

Ameren Corporation (AEE) vs Xcel Energy Inc. (XEL)

AEE leads on 11 of 16 compared metrics.

A side-by-side comparison of Ameren Corporation and Xcel Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AEE vs XEL

growth of $100 · last 30y

AEE +187.0%XEL +242.9%XEL compounded faster

AEE XEL

AEE vs XEL: by the numbers

•XEL is the larger company ($49.51B vs $30.58B market cap).
•AEE trades at the lower earnings multiple (19.87 vs 22.67 P/E).
•AEE converts more revenue to profit (17.17% vs 14.14% net margin).
•AEE grew revenue faster over the past five years (8.44% vs 3.82% CAGR).
•XEL pays the higher dividend yield (2.93% vs 2.64%).

Which is better, AEE or XEL?

Metric tally: AEE 11 · XEL 5

It depends on what you're optimizing for:

ValueAEE(lower P/E)

GrowthAEE(faster 5Y revenue CAGR)

IncomeXEL(higher dividend yield)

QualityAEE(higher ROIC)

Metrics side by side

Valuation

Metric	AEE	XEL
P/E ratio	19.87●	22.67
Forward P/E	19.03	17.48●
P/S ratio	3.46	3.36●
P/B ratio	2.27	2.09●
PEG ratio	0.87●	5.40
EV / EBITDA	7.79●	14.02

Profitability

Metric	AEE	XEL
Gross margin	39.38%●	18.91%
Operating margin	23.97%●	19.85%
Net margin	17.17%●	14.14%
ROE	11.24%●	8.78%
ROIC	4.01%●	3.77%

Dividends

Metric	AEE	XEL
Dividend yield	2.64%	2.93%●
Payout ratio	54.28%	67.59%

Growth (annualized)

Metric	AEE	XEL
Revenue CAGR (5Y)	8.44%●	3.82%
EPS CAGR (5Y)	8.79%●	4.20%
FCF CAGR (5Y)	-39.48%	-15.80%●
Total return CAGR (5Y)	8.80%●	6.47%

Frequently asked

Which is better, AEE or XEL?: It depends on your goal. value: AEE (lower P/E); growth: AEE (faster 5Y revenue CAGR); income: XEL (higher dividend yield); quality: AEE (higher ROIC). Across all compared metrics, AEE leads 11 to 5.
Is AEE or XEL cheaper?: On trailing earnings, AEE is cheaper: AEE trades at a 19.87 P/E and XEL at 22.67.
Which has grown faster, AEE or XEL?: Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus XEL at 3.82%.
Does AEE or XEL pay a bigger dividend?: AEE yields 2.64% and XEL yields 2.93% based on trailing dividends and the latest price.
Is AEE or XEL more profitable?: AEE runs the higher net margin — AEE at 17.17% versus XEL at 14.14%.
Which has been the better investment, AEE or XEL?: Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.18% versus XEL at 9.63%. Past performance doesn't predict future results.

Go deeper

Full AEE analysis Full XEL analysis Interactive comparison tool

Dig into the metrics

Ameren P/E ratio Xcel Energy P/E ratio Ameren dividend yield Xcel Energy dividend yield Ameren ROE Xcel Energy ROE Ameren operating margin Xcel Energy operating margin Ameren revenue growth Xcel Energy revenue growth Ameren free cash flow Xcel Energy free cash flow

Ameren & Xcel Energy appear in these rankings

Highest Dividend Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 17, 2026.