American Electric Power Company, Inc. (AEP) vs Consolidated Edison, Inc. (ED)

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 August 19, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAEP vs ED

growth of $100 · dividends reinvested · last 10y
AEP +176.8% (+10.7%/yr)ED +106.7% (+7.5%/yr)AEP compounded faster over this window
100150200250300Start $10020182020202220242026$277$207
AEP ED

AEP vs ED: by the numbers

  • AEP is the larger company ($68.74B vs $39.80B market cap).
  • ED trades at the lower trailing earnings multiple (17.73 vs 21.85 P/E), one valuation lens rather than an overall verdict.
  • AEP converts more revenue to profit (13.95% vs 12.53% net margin).
  • AEP grew revenue faster over the past five years (7.40% vs 6.46% CAGR).
  • ED pays the higher dividend yield (3.25% vs 3.01%).

Metrics side by side

Valuation

MetricAEPED
P/E ratio21.8517.73
Forward P/E19.8517.70
P/S ratio3.092.26
P/B ratio2.161.55
EV / EBITDA12.2612.73
FCF yield12.89%12.69%

Profitability

MetricAEPED
Gross margin31.81%62.02%
Operating margin28.36%17.98%
Net margin13.95%12.53%
ROE9.77%8.62%
ROIC5.13%3.37%

Dividends

MetricAEPED
Dividend yield3.01%3.25%
Payout ratio57.06%62.06%

Growth (annualized)

MetricAEPED
Revenue CAGR (5Y)7.40%6.46%
EPS CAGR (5Y)8.45%11.46%
Total return CAGR (5Y)10.82%10.86%

Frequently asked

Which has the lower trailing P/E, AEP or ED?
ED has the lower trailing P/E: AEP trades at 21.85 and ED at 17.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AEP or ED?
Over the past five years, AEP grew revenue faster — AEP at a 7.40% CAGR versus ED at 6.46%.
Does AEP or ED pay a bigger dividend?
AEP yields 3.01% and ED yields 3.25% based on trailing dividends and the latest price.
Is AEP or ED more profitable?
AEP runs the higher net margin — AEP at 13.95% versus ED at 12.53%.
How have AEP and ED total returns compared?
Over the past 10 years, AEP delivered 10.44% and ED delivered 7.28% annualized total return. 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 August 19, 2026.