American Electric Power Company, Inc. (AEP) vs PG&E Corporation (PCG)
AEP leads on 9 of 15 compared metrics, though PCG is the cheaper stock.
A side-by-side comparison of American Electric Power Company, Inc. and PG&E Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AEP
American Electric Power Company, Inc.
$131.05UtilitiesDelayed quote: Jul 20, 2026, 4:00 PM EDT
PCG
PG&E Corporation
$17.43UtilitiesAt close: Jul 20, 2026, 4:00 PM ET
Total return — AEP vs PCG
growth of $100 · dividends reinvested · last 30yAEP +1065.7%PCG +62.4%AEP compounded faster
Log scale — wide-divergence pair
AEP PCG
AEP vs PCG: by the numbers
- •AEP is the larger company ($71.30B vs $46.71B market cap).
- •PCG trades at the lower earnings multiple (13.62 vs 19.36 P/E).
- •AEP converts more revenue to profit (16.49% vs 11.43% net margin).
- •AEP grew revenue faster over the past five years (7.51% vs 6.47% CAGR).
- •AEP pays the higher dividend yield (2.88% vs 1.00%).
Which is better, AEP or PCG?
Metric tally: AEP 9 · PCG 6It depends on what you're optimizing for:
ValuePCG(lower P/E)
GrowthAEP(faster 5Y revenue CAGR)
IncomeAEP(higher dividend yield)
QualityAEP(higher ROIC)
Metrics side by side
Valuation
| Metric | AEP | PCG |
|---|---|---|
| P/E ratio | 19.36 | 13.62● |
| Forward P/E | 20.64 | 10.58● |
| P/S ratio | 3.23 | 1.54● |
| P/B ratio | 2.25 | 1.20● |
| PEG ratio | 0.91● | 7.90 |
| EV / EBITDA | 14.05 | 10.51● |
| FCF yield | 10.67% | — |
Profitability
| Metric | AEP | PCG |
|---|---|---|
| Gross margin | 31.81%● | 19.59% |
| Operating margin | 23.47%● | 19.35% |
| Net margin | 16.49%● | 11.43% |
| ROE | 11.49%● | 8.88% |
| ROIC | 4.71%● | 3.79% |
Dividends
| Metric | AEP | PCG |
|---|---|---|
| Dividend yield | 2.88%● | 1.00% |
| Payout ratio | 56.76% | 14.83% |
Growth (annualized)
| Metric | AEP | PCG |
|---|---|---|
| Revenue CAGR (5Y) | 7.51%● | 6.47% |
| EPS CAGR (5Y) | 8.45% | — |
| FCF CAGR (5Y) | 41.49%● | 5.43% |
| Total return CAGR (5Y) | 12.85% | 13.49%● |
Frequently asked
- Which is better, AEP or PCG?
- It depends on your goal. value: PCG (lower P/E); growth: AEP (faster 5Y revenue CAGR); income: AEP (higher dividend yield); quality: AEP (higher ROIC). Across all compared metrics, AEP leads 9 to 6.
- Is AEP or PCG cheaper?
- On trailing earnings, PCG is cheaper: AEP trades at a 19.36 P/E and PCG at 13.62.
- Which has grown faster, AEP or PCG?
- Over the past five years, AEP grew revenue faster — AEP at a 7.51% CAGR versus PCG at 6.47%.
- Does AEP or PCG pay a bigger dividend?
- AEP yields 2.88% and PCG yields 1.00% based on trailing dividends and the latest price.
- Is AEP or PCG more profitable?
- AEP runs the higher net margin — AEP at 16.49% versus PCG at 11.43%.
- Which has been the better investment, AEP or PCG?
- Over the past 10-year, AEP delivered the higher annualized total return — AEP at 10.37% versus PCG at -11.74%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
American Electric Power P/E ratioPG&E P/E ratioAmerican Electric Power dividend yieldPG&E dividend yieldAmerican Electric Power ROEPG&E ROEAmerican Electric Power operating marginPG&E operating marginAmerican Electric Power revenue growthPG&E revenue growthAmerican Electric Power free cash flowPG&E free cash flow
American Electric Power & PG&E 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 July 20, 2026.