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).

Compare

Total returnAEP vs PCG

growth of $100 · dividends reinvested · last 30y
AEP +1065.7%PCG +62.4%AEP compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$1,166$162
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 6

It 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

MetricAEPPCG
P/E ratio19.3613.62
Forward P/E20.6410.58
P/S ratio3.231.54
P/B ratio2.251.20
PEG ratio0.917.90
EV / EBITDA14.0510.51
FCF yield10.67%

Profitability

MetricAEPPCG
Gross margin31.81%19.59%
Operating margin23.47%19.35%
Net margin16.49%11.43%
ROE11.49%8.88%
ROIC4.71%3.79%

Dividends

MetricAEPPCG
Dividend yield2.88%1.00%
Payout ratio56.76%14.83%

Growth (annualized)

MetricAEPPCG
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.

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.