Which has the lower trailing P/E, AEP or ED?

ED has the lower trailing P/E: AEP trades at 20.69 and ED at 16.98. 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 3.18% and ED yields 3.40% 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 10.19% and ED delivered 6.98% annualized total return. Past performance doesn't predict future results.

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 October 4, 2026. Differences are shown without an overall score or investment verdict.

AEP

American Electric Power Company, Inc.

$65.09B

$119.57UtilitiesDelayed quote: Oct 2, 2026, 4:00 PM EDT

Consolidated Edison, Inc.

$38.10B

$103.39UtilitiesDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — AEP vs ED

growth of $100 · dividends reinvested · last 10y

AEP +162.9% (+10.1%/yr)ED +104.9% (+7.4%/yr)AEP compounded faster over this window

AEP ED

AEP vs ED: by the numbers

•AEP is the larger company ($65.09B vs $38.10B market cap).
•ED trades at the lower trailing earnings multiple (16.98 vs 20.69 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 (3.40% vs 3.18%).

Metrics side by side

Valuation

Metric	AEP	ED
P/E ratio	20.69	16.98
Forward P/E	18.73	16.93
PEG ratio	2.42	1.48
P/S ratio	2.89	2.15
P/B ratio	2.03	1.48
EV / EBITDA	11.81	12.38

Profitability

Metric	AEP	ED
Gross margin	31.81%	62.02%
Operating margin	28.36%	17.98%
Net margin	13.95%	12.53%
ROE	9.77%	8.62%
ROIC	5.13%	3.37%

Dividends

Metric	AEP	ED
Dividend yield	3.18%	3.40%
Payout ratio	65.74%	57.68%

Growth (annualized)

Metric	AEP	ED
Revenue CAGR (5Y)	7.40%	6.46%
EPS CAGR (5Y)	8.45%	11.46%
Total return CAGR (5Y)	11.94%	11.41%

Frequently asked

Which has the lower trailing P/E, AEP or ED?: ED has the lower trailing P/E: AEP trades at 20.69 and ED at 16.98. 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 3.18% and ED yields 3.40% 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 10.19% and ED delivered 6.98% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AEP analysis Full ED analysis Interactive comparison tool

Dig into the metrics

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

American Electric Power & Consolidated Edison appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers

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 October 4, 2026.