American Electric Power Company, Inc. (AEP) vs Consolidated Edison, Inc. (ED)
ED leads on 9 of 17 compared metrics.
A side-by-side comparison of American Electric Power Company, Inc. and Consolidated Edison, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AEP
American Electric Power Company, Inc.
$129.23Utilities
ED
Consolidated Edison, Inc.
$107.74Utilities
Total return — AEP vs ED
growth of $100 · last 30yAEP +220.0%ED +286.4%ED compounded faster
AEP ED
AEP vs ED: by the numbers
- •AEP is the larger company ($70.31B vs $39.71B market cap).
- •ED trades at the lower earnings multiple (18.14 vs 19.09 P/E).
- •AEP converts more revenue to profit (16.49% vs 12.52% net margin).
- •AEP grew revenue faster over the past five years (7.51% vs 6.30% CAGR).
- •ED pays the higher dividend yield (3.23% vs 2.93%).
Which is better, AEP or ED?
Metric tally: AEP 8 · ED 9It depends on what you're optimizing for:
ValueED(lower P/E)
GrowthAEP(faster 5Y revenue CAGR)
IncomeED(higher dividend yield)
QualityAEP(higher ROIC)
Valuation
| Metric | AEP | ED |
|---|---|---|
| P/E ratio | 19.09 | 18.14● |
| Forward P/E | 18.86 | 16.62● |
| P/S ratio | 3.19 | 2.28● |
| P/B ratio | 2.22 | 1.53● |
| PEG ratio | 0.88● | 2.31 |
| EV / EBITDA | 14.05 | 9.50● |
| FCF yield | 10.82%● | 7.17% |
Profitability
| Metric | AEP | ED |
|---|---|---|
| Gross margin | 40.39% | 65.01%● |
| Operating margin | 23.47%● | 17.33% |
| Net margin | 16.49%● | 12.52% |
| ROE | 11.49%● | 8.42% |
| ROIC | 4.71%● | 3.24% |
Dividends
| Metric | AEP | ED |
|---|---|---|
| Dividend yield | 2.93% | 3.23%● |
| Payout ratio | 56.76% | 61.40% |
Growth (annualized)
| Metric | AEP | ED |
|---|---|---|
| Revenue CAGR (5Y) | 7.51%● | 6.30% |
| EPS CAGR (5Y) | 8.45% | 11.46%● |
| FCF CAGR (5Y) | 41.49% | 47.32%● |
| Total return CAGR (5Y) | 12.78%● | 10.69% |
Frequently asked
- Which is better, AEP or ED?
- It depends on your goal. value: ED (lower P/E); growth: AEP (faster 5Y revenue CAGR); income: ED (higher dividend yield); quality: AEP (higher ROIC). Across all compared metrics, ED leads 9 to 8.
- Is AEP or ED cheaper?
- On trailing earnings, ED is cheaper: AEP trades at a 19.09 P/E and ED at 18.14.
- Which has grown faster, AEP or ED?
- Over the past five years, AEP grew revenue faster — AEP at a 7.51% CAGR versus ED at 6.30%.
- Does AEP or ED pay a bigger dividend?
- AEP yields 2.93% and ED yields 3.23% based on trailing dividends and the latest price.
- Is AEP or ED more profitable?
- AEP runs the higher net margin — AEP at 16.49% versus ED at 12.52%.
- Which has been the better investment, AEP or ED?
- Over the past 10-year, AEP delivered the higher annualized total return — AEP at 10.61% versus ED at 7.17%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
American Electric Power P/E ratioConsolidated Edison P/E ratioAmerican Electric Power dividend yieldConsolidated Edison dividend yieldAmerican Electric Power ROEConsolidated Edison ROEAmerican Electric Power operating marginConsolidated Edison operating marginAmerican Electric Power revenue growthConsolidated Edison revenue growthAmerican Electric Power free cash flowConsolidated Edison free cash flow
American Electric Power & Consolidated Edison appear in these rankings
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 14, 2026.