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).

Total return — AEP vs ED

growth of $100 · last 30y
AEP +220.0%ED +286.4%ED compounded faster
100200300400Start $100200120062011201620212026$320$386
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 9

It depends on what you're optimizing for:

ValueED(lower P/E)
GrowthAEP(faster 5Y revenue CAGR)
IncomeED(higher dividend yield)
QualityAEP(higher ROIC)

Valuation

MetricAEPED
P/E ratio19.0918.14
Forward P/E18.8616.62
P/S ratio3.192.28
P/B ratio2.221.53
PEG ratio0.882.31
EV / EBITDA14.059.50
FCF yield10.82%7.17%

Profitability

MetricAEPED
Gross margin40.39%65.01%
Operating margin23.47%17.33%
Net margin16.49%12.52%
ROE11.49%8.42%
ROIC4.71%3.24%

Dividends

MetricAEPED
Dividend yield2.93%3.23%
Payout ratio56.76%61.40%

Growth (annualized)

MetricAEPED
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.

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.