Is AEP or EXC cheaper?

On trailing earnings, EXC is cheaper: AEP trades at a 19.09 P/E and EXC at 16.86.

Which has grown faster, AEP or EXC?

Over the past five years, AEP grew revenue faster — AEP at a 7.51% CAGR versus EXC at -3.04%.

Does AEP or EXC pay a bigger dividend?

AEP yields 2.93% and EXC yields 3.55% based on trailing dividends and the latest price.

Is AEP or EXC more profitable?

AEP runs the higher net margin — AEP at 16.49% versus EXC at 11.21%.

Which has been the better investment, AEP or EXC?

Over the past 10-year, AEP delivered the higher annualized total return — AEP at 10.61% versus EXC at 10.28%. Past performance doesn't predict future results.

American Electric Power Company, Inc. (AEP) vs Exelon Corporation (EXC)

AEP leads on 10 of 16 compared metrics, though EXC is the cheaper stock.

A side-by-side comparison of American Electric Power Company, Inc. and Exelon Corporation 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.

Total return — AEP vs EXC

growth of $100 · last 30y

AEP +220.0%EXC +443.0%EXC compounded faster

AEP EXC

AEP vs EXC: by the numbers

•AEP is the larger company ($70.31B vs $47.28B market cap).
•EXC trades at the lower earnings multiple (16.86 vs 19.09 P/E).
•AEP converts more revenue to profit (16.49% vs 11.21% net margin).
•AEP grew revenue faster over the past five years (7.51% vs -3.04% CAGR).
•EXC pays the higher dividend yield (3.55% vs 2.93%).

Which is better, AEP or EXC?

Metric tally: AEP 10 · EXC 6

It depends on what you're optimizing for:

ValueEXC(lower P/E)

GrowthAEP(faster 5Y revenue CAGR)

IncomeEXC(higher dividend yield)

QualityAEP(higher ROIC)

Valuation

Metric	AEP	EXC
P/E ratio	19.09	16.86●
Forward P/E	18.86	15.25●
P/S ratio	3.19	1.91●
P/B ratio	2.22	1.62●
PEG ratio	0.88●	1.35
EV / EBITDA	14.05	10.94●
FCF yield	10.82%	—

Profitability

Metric	AEP	EXC
Gross margin	40.39%●	24.11%
Operating margin	23.47%●	21.03%
Net margin	16.49%●	11.21%
ROE	11.49%●	9.48%
ROIC	4.71%●	3.97%

Dividends

Metric	AEP	EXC
Dividend yield	2.93%	3.55%●
Payout ratio	56.76%	59.85%

Growth (annualized)

Metric	AEP	EXC
Revenue CAGR (5Y)	7.51%●	-3.04%
EPS CAGR (5Y)	8.45%●	6.39%
FCF CAGR (5Y)	41.49%●	-48.16%
Total return CAGR (5Y)	12.78%●	10.50%

Frequently asked

Which is better, AEP or EXC?: It depends on your goal. value: EXC (lower P/E); growth: AEP (faster 5Y revenue CAGR); income: EXC (higher dividend yield); quality: AEP (higher ROIC). Across all compared metrics, AEP leads 10 to 6.
Is AEP or EXC cheaper?: On trailing earnings, EXC is cheaper: AEP trades at a 19.09 P/E and EXC at 16.86.
Which has grown faster, AEP or EXC?: Over the past five years, AEP grew revenue faster — AEP at a 7.51% CAGR versus EXC at -3.04%.
Does AEP or EXC pay a bigger dividend?: AEP yields 2.93% and EXC yields 3.55% based on trailing dividends and the latest price.
Is AEP or EXC more profitable?: AEP runs the higher net margin — AEP at 16.49% versus EXC at 11.21%.
Which has been the better investment, AEP or EXC?: Over the past 10-year, AEP delivered the higher annualized total return — AEP at 10.61% versus EXC at 10.28%. Past performance doesn't predict future results.

Go deeper

Full AEP analysis Full EXC analysis Interactive comparison tool

Dig into the metrics

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

American Electric Power & Exelon 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 14, 2026.