AEE vs D vs XEL Stock Comparison

Ameren, Dominion Energy and Xcel Energy Prices as of Oct 26, 2026 Peers: Industry group
AEE Ameren Corp
$108.10 +8.8% 1M +3.7% 1Y
Market cap
$30.10B
P/E
19.3x
Revenue (TTM)
$8.75B
Div. yield
0.03%
Regulated Electric Utilities Utilities
7 wins
D Dominion Energy, Inc
$65.12 +7.3% 1M +6.6% 1Y
Market cap
$57.51B
P/E
22.7x
Revenue (TTM)
$18.12B
Div. yield
0.04%
Regulated Electric Utilities Utilities
4 wins
XEL Xcel Energy Inc
$77.86 +11.5% 1M -3.1% 1Y
Market cap
$48.83B
P/E
21.9x
Revenue (TTM)
$14.62B
Div. yield
–
Regulated Electric Utilities Utilities
1 win

Head to Head

12 decided of 12

Ameren leads on 7 of the 12 questions below (Ameren 7, Dominion Energy 4, Xcel Energy 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEEDXELLeader
Larger companyMarket capitalisation $30.10B $57.51B $48.83B D
Cheaper on earningsLower P/E, profitable companies only 19.3x 22.7x 21.9x AEE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.5x 18.6x 18.1x XEL
Faster revenue growthRevenue growth, trailing twelve months +3.8% +19.0% +4.7% D
More profitableNet margin, trailing twelve months 17.9% 14.0% 15.3% AEE
Better return on capitalReturn on invested capital 5.6% 3.5% 4.5% AEE
Less leveragedLower net debt / EBITDA 5.5x 8.1x 6.4x AEE
Higher dividend yieldTrailing dividend yield 0.03% 0.04% 0.00% D
Better 1-year returnPrice return, last 12 months +3.7% +6.6% -3.1% D
Better 5-year returnAnnualised price return, 5 years +5.1%/yr -3.0%/yr +4.2%/yr AEE
Less volatileAnnualised volatility, 1 year 17.7% 20.9% 19.2% AEE
Higher overall scoreMean of the five percentile scores vs peers 54/100 16/100 16/100 AEE

Percentile Scorecard

AEEDXEL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAEEDXEL
Valuation 41 #40 of 67 6 #63 of 67 5 #64 of 67
Growth 72 #19 of 65 44 #37 of 65 16 #55 of 65
Profitability 81 #13 of 64 6 #60 of 64 29 #46 of 64
Financial Health 25 #48 of 64 13 #56 of 64 32 #44 of 64
Shareholder Returns 53 #32 of 67 12 #59 of 67 0 #67 of 67
Overall 54 16 16
  • AEE ranked among 67 companies in Regulated Utilities
  • D ranked among 67 companies in Regulated Utilities
  • XEL ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAEEDXELSPY
1 month +8.8%+7.3%+11.5% -0.8%
3 months -3.6%-7.3%-3.5% +3.5%
6 months -3.4%+4.2%-2.0% +7.0%
Year to date +8.3%+11.1%+5.4% +12.2%
1 year +3.7%+6.6%-3.1% +13.0%
3 years +43.4%+62.5%+33.5% +86.3%
3 years, per year +12.8%+17.6%+10.1% +23.1%
5 years +28.0%-14.3%+22.8% +68.6%
5 years, per year +5.1%-3.0%+4.2% +11.0%
10 years +120.2%-11.8%+91.8% +258.0%
10 years, per year +8.2%-1.2%+6.7% +13.6%

Risk

MeasureAEEDXELSPY
Volatility, 1Y 17.7%20.9%19.2% 12.7%
Downside volatility, 1Y 18.6%18.7%19.4% 12.7%
Beta vs S&P 500, 1Y -0.11-0.13-0.02 1.00
Return / volatility, 1Y 0.210.32-0.16 1.02
Max drawdown, 5Y -31.1%-55.3%-37.4% -25.4%
From 52-week high -8.6%-9.1%-7.2% -1.8%
52-week high $118.32$71.67$83.91 $779.14
52-week low $97.25$57.08$69.39 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAEEDXEL
P/E now vs peer median 19.1xmedian 20.8x 22.6xmedian 20.8x 21.8xmedian 20.8x
P/S now vs peer median 3.4xmedian 2.9x 3.2xmedian 2.9x 3.3xmedian 2.9x
EV/EBITDA now vs peer median 13.1xmedian 13.1x 16.8xmedian 13.1x 14.7xmedian 13.1x
P/FCF now vs peer median -21.4xmedian 36.7x -8.4xmedian 36.7x -6.3xmedian 36.7x
P/B now vs peer median 2.2xmedian 1.7x 1.7xmedian 1.7x 2.0xmedian 1.7x
PEG now vs peer median 1.96median 2.23 3.86median 2.23 5.10median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAEEDXEL
Revenue $8.75B $18.12B $14.62B
Operating income $2.18B $3.82B $2.79B
Net income $1.57B $2.65B $2.23B
Free cash flow -$1.40B -$6.85B -$7.69B
EPS (diluted) $5.61 $2.87 $3.56
Cash & equivalents $12.00M $296.00M $2.01B
Total debt $83.20B $53.42B $39.46B
Shares (diluted) 278.70M 882.10M 627.00M
Enterprise value $30.05B $55.50B $43.74B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAEEDXEL
P/E 19.1x 22.6x 21.8x
P/FCF -21.4x -8.4x -6.3x
P/Operating cash flow 9.2x 10.6x 10.2x
P/S 3.4x 3.2x 3.3x
P/B 2.2x 1.7x 2.0x
P/Tangible book 2.2x 1.7x 2.0x
EV/EBITDA 13.1x 16.8x 14.7x
EV/EBIT 23.8x 28.9x 30.9x
EV/Revenue 5.9x 6.1x 5.9x
EV/FCF -36.9x -16.1x -11.2x
EV/Operating cash flow 15.9x 20.5x 18.0x
PEG (3Y EPS CAGR) 1.96 3.86 5.10

Growth

14 metrics
MetricAEEDXEL
Revenue growth (1Y) 3.8% 19.0% 4.7%
Revenue CAGR (3Y) 2.3% 6.9% -1.4%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 33.9% -2.9% 11.0%
Operating income CAGR (3Y) 11.9% 9.3% 4.6%
Net income growth (1Y) 27.3% 4.5% 7.7%
Net income CAGR (3Y) 11.8% 0.4% 8.8%
EPS growth (1Y) 24.1% -2.4% 1.0%
EPS CAGR (3Y) 9.8% 5.9% 4.3%
Operating cash flow growth (1Y) 8.1% 16.9% 5.8%
Operating cash flow CAGR (3Y) 9.1% -0.9% 2.7%
Free cash flow growth (1Y) 9.7% 15.7% -97.2%
Free cash flow CAGR (3Y) -7.3% -22.2% -112.8%

Profitability

14 metrics
MetricAEEDXEL
Gross margin – – –
EBITDA margin 45.0% 36.3% 39.9%
Operating margin 24.9% 21.1% 19.1%
Pretax margin 19.7% 16.4% 13.7%
Net margin 17.9% 14.0% 15.3%
FCF margin -16.0% -37.8% -52.6%
Operating cash flow margin 37.2% 29.7% 32.6%
Return on equity 11.4% 7.4% 9.3%
Return on assets 3.1% 2.1% 2.6%
Return on invested capital 5.6% 3.5% 4.5%
Return on capital employed 4.8% 3.5% 3.6%
Asset turnover 0.2x 0.2x 0.2x
Cash conversion (OCF / net income) 2.1x 2.0x 2.1x
Stock comp / revenue 0.3% – 0.3%

Financial Health

11 metrics
MetricAEEDXEL
Debt / assets 42.6% 43.8% 45.3%
Debt / equity 1.6x 1.6x 1.6x
Net debt / EBITDA 5.5x 8.1x 6.4x
Debt / FCF -15.6x -7.8x -5.1x
Liabilities / assets 73.0% 72.4% 72.4%
Equity / assets 27.0% 27.6% 27.6%
Interest coverage 2.6x 1.8x 1.7x
Current ratio 0.5x 0.8x 0.7x
Quick ratio 0.2x 0.3x 0.4x
Cash ratio 0.0x 0.0x 0.2x
Altman Z-score 0.89 0.64 0.85

Shareholder Returns

7 metrics
MetricAEEDXEL
Dividend yield 2.7% 4.1% 3.0%
Net buyback yield -1.9% -2.5% -4.6%
Shareholder yield 0.8% 1.6% -1.6%
Payout ratio (earnings) 50.9% 87.2% –
Payout ratio (FCF) -57.0% -33.8% –
Dividend growth (1Y) 7.5% 2.5% –
Dividend CAGR (3Y) 7.9% 1.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAEEDXEL
Forward P/E 19.5xFY2026 18.6xFY2026 18.1xFY2026
EPS, next fiscal year $5.55FY2026 $3.50FY2026 $4.30FY2026
EPS growth, next FY +10.3%FY2026 +2.3%FY2026 +13.2%FY2026
EPS growth, the year after -2.2% +5.7% +2.1%
Revenue, next fiscal year $9.63BFY2026 $17.55BFY2026 $16.60BFY2026
Revenue growth, next FY +9.5%FY2026 +6.3%FY2026 +13.1%FY2026
Revenue growth, the year after -3.4% +14.6% +8.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEEDXEL
Held by institutions 88.5% 80.9% 95.4%
Institutions holding 950 1,540 1,284
Change in shares held, QoQ +4.7% +2.4% +7.3%
Institutions buying 518 780 663
Institutions selling 244 516 386
Buyers to sellers 2.12 1.51 1.72

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AEEDXEL
AEE 1.00 0.64 0.81
D 0.64 1.00 0.60
XEL 0.81 0.60 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AEE, D and XEL?

Dominion Energy (D) is the largest by market capitalisation: Ameren (AEE) $30.10B, Dominion Energy (D) $57.51B, Xcel Energy (XEL) $48.83B.

Which stock is cheaper, AEE, D and XEL?

Ameren (AEE) trades on the lowest price-to-earnings ratio (Ameren (AEE) 19.3x, Dominion Energy (D) 22.7x, Xcel Energy (XEL) 21.9x). On next year's consensus earnings, Xcel Energy (XEL) is cheapest (Ameren (AEE) 19.5x, Dominion Energy (D) 18.6x, Xcel Energy (XEL) 18.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Dominion Energy (D) grew revenue fastest over the trailing twelve months: Ameren (AEE) +3.8%, Dominion Energy (D) +19.0%, Xcel Energy (XEL) +4.7%.

Which company is more profitable?

Ameren (AEE) has the highest net margin (Ameren (AEE) 17.9%, Dominion Energy (D) 14.0%, Xcel Energy (XEL) 15.3%). On return on invested capital, Ameren (AEE) leads (Ameren (AEE) 5.6%, Dominion Energy (D) 3.5%, Xcel Energy (XEL) 4.5%).

Which stock has performed better?

Over the past year Dominion Energy (D) returned the most: Ameren (AEE) +3.7%, Dominion Energy (D) +6.6%, Xcel Energy (XEL) -3.1%. Over five years, Ameren (AEE) compounded fastest (Ameren (AEE) +5.1%/yr, Dominion Energy (D) -3.0%/yr, Xcel Energy (XEL) +4.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Dominion Energy (D) has the highest dividend yield: Ameren (AEE) 0.03%, Dominion Energy (D) 0.04%, Xcel Energy (XEL) 0.00%. Xcel Energy (XEL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ameren (AEE) has been the steadiest (Ameren (AEE) 17.7%, Dominion Energy (D) 20.9%, Xcel Energy (XEL) 19.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEE, D and XEL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ameren (AEE) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.