Is AEP or DUK cheaper?

On trailing earnings, AEP is cheaper: AEP trades at a 19.09 P/E and DUK at 19.14.

Which has grown faster, AEP or DUK?

Over the past five years, AEP grew revenue faster — AEP at a 7.51% CAGR versus DUK at 6.70%.

Does AEP or DUK pay a bigger dividend?

AEP yields 2.93% and DUK yields 3.41% based on trailing dividends and the latest price.

Is AEP or DUK more profitable?

AEP runs the higher net margin — AEP at 16.49% versus DUK at 15.44%.

Which has been the better investment, AEP or DUK?

Over the past 10-year, AEP delivered the higher annualized total return — AEP at 10.61% versus DUK at 8.73%. Past performance doesn't predict future results.

American Electric Power Company, Inc. (AEP) vs Duke Energy Corporation (DUK)

DUK leads on 9 of 16 compared metrics.

A side-by-side comparison of American Electric Power Company, Inc. and Duke Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AEP

American Electric Power Company, Inc.

$70.31B

$129.23Utilities

DUK

Duke Energy Corporation

$97.43B

$124.97Utilities

Total return — AEP vs DUK

growth of $100 · last 30y

AEP +221.1%DUK +194.3%AEP compounded faster

AEP DUK

AEP vs DUK: by the numbers

•DUK is the larger company ($97.43B vs $70.31B market cap).
•AEP trades at the lower earnings multiple (19.09 vs 19.14 P/E).
•AEP converts more revenue to profit (16.49% vs 15.44% net margin).
•AEP grew revenue faster over the past five years (7.51% vs 6.70% CAGR).
•DUK pays the higher dividend yield (3.41% vs 2.93%).

Which is better, AEP or DUK?

Metric tally: AEP 7 · DUK 9

It depends on what you're optimizing for:

GrowthAEP(faster 5Y revenue CAGR)

IncomeDUK(higher dividend yield)

QualityAEP(higher ROIC)

Valuation

Metric	AEP	DUK
P/E ratio	19.09	19.14
Forward P/E	18.86	17.43●
P/S ratio	3.19	2.92●
P/B ratio	2.22	1.79●
PEG ratio	0.88●	1.74
EV / EBITDA	14.05	11.56●
FCF yield	8.73%●	6.78%

Profitability

Metric	AEP	DUK
Gross margin	40.39%	58.41%●
Operating margin	23.47%	26.98%●
Net margin	16.49%●	15.44%
ROE	11.49%●	9.44%
ROIC	4.71%●	4.13%

Dividends

Metric	AEP	DUK
Dividend yield	2.93%	3.41%●
Payout ratio	56.76%	67.51%

Growth (annualized)

Metric	AEP	DUK
Revenue CAGR (5Y)	7.51%●	6.70%
EPS CAGR (5Y)	8.45%	29.69%●
FCF CAGR (5Y)	38.55%	131.21%●
Total return CAGR (5Y)	12.78%●	8.25%

Frequently asked

Which is better, AEP or DUK?: It depends on your goal. growth: AEP (faster 5Y revenue CAGR); income: DUK (higher dividend yield); quality: AEP (higher ROIC). Across all compared metrics, DUK leads 9 to 7.
Is AEP or DUK cheaper?: On trailing earnings, AEP is cheaper: AEP trades at a 19.09 P/E and DUK at 19.14.
Which has grown faster, AEP or DUK?: Over the past five years, AEP grew revenue faster — AEP at a 7.51% CAGR versus DUK at 6.70%.
Does AEP or DUK pay a bigger dividend?: AEP yields 2.93% and DUK yields 3.41% based on trailing dividends and the latest price.
Is AEP or DUK more profitable?: AEP runs the higher net margin — AEP at 16.49% versus DUK at 15.44%.
Which has been the better investment, AEP or DUK?: Over the past 10-year, AEP delivered the higher annualized total return — AEP at 10.61% versus DUK at 8.73%. Past performance doesn't predict future results.

Go deeper

Full AEP analysis Full DUK analysis Interactive comparison tool

Dig into the metrics

American Electric Power P/E ratio Duke Energy P/E ratio American Electric Power dividend yield Duke Energy dividend yield American Electric Power ROE Duke Energy ROE American Electric Power operating margin Duke Energy operating margin American Electric Power revenue growth Duke Energy revenue growth American Electric Power free cash flow Duke Energy free cash flow

American Electric Power & Duke Energy appear in these rankings

Highest Dividend Yield Stocks Highest FCF 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 13, 2026.