AEP vs ES vs WTRG Stock Comparison

American Electric Power, Eversource Energy and Essential Utilities Prices as of Oct 27, 2026 Peers: Industry group
ES Eversource Energy
$67.79 +6.5% 1M -9.3% 1Y
Market cap
$25.49B
P/E
14.6x
Revenue (TTM)
$13.93B
Div. yield
4.61%
Regulated Electric Utilities Utilities
5 wins

Head to Head

12 decided of 12

American Electric Power leads on 6 of the 12 questions below (American Electric Power 6, Eversource Energy 5, Essential Utilities 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEPESWTRGLeader
Larger companyMarket capitalisation $70.93B $25.49B $12.10B AEP
Cheaper on earningsLower P/E, profitable companies only 25.7x 14.6x 21.8x ES
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.7x 15.4x 18.0x ES
Faster revenue growthRevenue growth, trailing twelve months +10.3% +9.8% +9.9% AEP
More profitableNet margin, trailing twelve months 12.1% 12.5% 21.6% WTRG
Better return on capitalReturn on invested capital 5.5% 6.2% 5.5% ES
Less leveragedLower net debt / EBITDA 6.0x 6.2x 6.4x AEP
Higher dividend yieldTrailing dividend yield 2.92% 4.61% 3.25% ES
Better 1-year returnPrice return, last 12 months +12.0% -9.3% +4.9% AEP
Better 5-year returnAnnualised price return, 5 years +9.0%/yr -4.6%/yr -2.1%/yr AEP
Less volatileAnnualised volatility, 1 year 19.4% 24.8% 22.3% AEP
Higher overall scoreMean of the five percentile scores vs peers 40/100 68/100 46/100 ES

Percentile Scorecard

AEPESWTRG

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

AxisAEPESWTRG
Valuation 23 #52 of 67 85 #11 of 67 21 #53 of 67
Growth 64 #24 of 65 98 #2 of 65 36 #42 of 65
Profitability 58 #27 of 63 71 #19 of 63 65 #23 of 63
Financial Health 26 #47 of 63 2 #62 of 63 57 #28 of 63
Shareholder Returns 29 #48 of 67 85 #11 of 67 53 #32 of 67
Overall 40 68 46
  • AEP ranked among 67 companies in Regulated Utilities
  • ES ranked among 67 companies in Regulated Utilities
  • WTRG ranked among 67 companies in Regulated Utilities

Price Performance

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

Returns

PeriodAEPESWTRGSPY
1 month +10.1%+6.5%+7.8% -0.2%
3 months -2.0%-10.1%+4.8% +3.9%
6 months -3.9%-1.2%+7.6% +8.2%
Year to date +13.0%+0.7%+11.1% +12.9%
1 year +12.0%-9.3%+4.9% +12.3%
3 years +73.9%+27.5%+28.1% +87.4%
3 years, per year +20.3%+8.4%+8.6% +23.3%
5 years +53.8%-20.9%-10.0% +67.9%
5 years, per year +9.0%-4.6%-2.1% +10.9%
10 years +106.2%+25.7%+42.5% +261.1%
10 years, per year +7.5%+2.3%+3.6% +13.7%

Risk

MeasureAEPESWTRGSPY
Volatility, 1Y 19.4%24.8%22.3% 12.7%
Downside volatility, 1Y 19.2%29.3%20.1% 12.7%
Beta vs S&P 500, 1Y -0.070.01-0.44 1.00
Return / volatility, 1Y 0.62-0.370.22 0.97
Max drawdown, 5Y -32.2%-44.2%-39.3% -25.4%
From 52-week high -6.0%-11.0%-1.5% -1.2%
52-week high $138.69$76.21$43.28 $779.14
52-week low $113.70$63.29$36.25 $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.

MultipleAEPESWTRG
P/E now vs peer median 25.7xmedian 20.9x 14.6xmedian 20.9x 21.8xmedian 20.9x
P/S now vs peer median 3.1xmedian 2.9x 1.8xmedian 2.9x 4.7xmedian 2.9x
EV/EBITDA now vs peer median 14.1xmedian 13.2x 11.6xmedian 13.2x 15.4xmedian 13.2x
P/FCF now vs peer median -12.3xmedian 36.9x 107.7xmedian 36.9x -26.8xmedian 36.9x
P/B now vs peer median 2.1xmedian 1.7x 1.5xmedian 1.7x 1.7xmedian 1.7x
PEG now vs peer median 2.78median 2.31 3.87median 2.31 6.19median 2.31

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 monthsAEPESWTRG
Revenue $22.79B $13.93B $2.57B
Gross profit $15.43B – –
Operating income $5.24B $3.14B $900.69M
Net income $3.07B $1.76B $554.87M
Free cash flow -$5.75B $236.71M -$451.91M
EPS (diluted) $5.02 $4.64 $1.95
Cash & equivalents $375.00M – $8.63M
Total debt $52.84B $29.62B $8.53B
Shares (diluted) 550.63M 376.58M 284.09M
Enterprise value $69.32B $25.65B $11.97B

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
MetricAEPESWTRG
P/E 25.7x 14.6x 21.8x
P/FCF -12.3x 107.7x -26.8x
P/Operating cash flow 9.2x 5.8x 11.8x
P/S 3.1x 1.8x 4.7x
P/B 2.1x 1.5x 1.7x
P/Tangible book 2.1x 1.5x 1.7x
EV/EBITDA 14.1x 11.6x 15.4x
EV/EBIT 23.5x 17.6x 22.9x
EV/Revenue 5.4x 4.0x 8.0x
EV/FCF -21.4x 232.8x -45.6x
EV/Operating cash flow 16.0x 12.5x 20.1x
PEG (3Y EPS CAGR) 2.78 3.87 6.19

Growth

14 metrics
MetricAEPESWTRG
Revenue growth (1Y) 10.3% 9.8% 9.9%
Revenue CAGR (3Y) 5.4% 3.4% 3.7%
Gross profit growth (1Y) 8.1% – –
Gross profit CAGR (3Y) 7.8% – –
Operating income growth (1Y) 2.2% 26.1% -0.6%
Operating income CAGR (3Y) 19.5% 11.2% 10.0%
Net income growth (1Y) -17.4% 107.0% -14.1%
Net income CAGR (3Y) 15.7% 6.3% 6.0%
EPS growth (1Y) 5.2% 103.1% -15.1%
EPS CAGR (3Y) 9.2% 3.8% 3.5%
Operating cash flow growth (1Y) 17.1% 51.2% 12.2%
Operating cash flow CAGR (3Y) 22.6% 28.0% 8.5%
Free cash flow growth (1Y) -63.5% 116.6% 5.4%
Free cash flow CAGR (3Y) -19.1% 29.1% -5.9%

Profitability

14 metrics
MetricAEPESWTRG
Gross margin 67.7% – –
EBITDA margin 38.4% 34.1% 52.1%
Operating margin 23.0% 22.5% 35.1%
Pretax margin 15.4% 13.1% 22.7%
Net margin 12.1% 12.5% 21.6%
FCF margin -25.2% 1.7% -17.6%
Operating cash flow margin 33.8% 31.6% 40.0%
Return on equity 9.6% 10.7% 8.0%
Return on assets 2.7% 2.7% 2.8%
Return on invested capital 5.5% 6.2% 5.5%
Return on capital employed 5.0% 5.6% 4.7%
Asset turnover 0.2x 0.2x 0.1x
Cash conversion (OCF / net income) 2.5x 2.5x 1.9x
Stock comp / revenue – – 1.0%

Financial Health

11 metrics
MetricAEPESWTRG
Debt / assets 43.5% 45.8% 42.8%
Debt / equity 1.6x 1.8x 1.2x
Net debt / EBITDA 6.0x 6.2x 6.4x
Debt / FCF -9.2x 125.1x -18.9x
Liabilities / assets 72.6% 74.5% 64.8%
Equity / assets 27.4% 25.5% 35.2%
Interest coverage 2.4x 2.4x 2.6x
Current ratio 0.5x 0.7x 0.8x
Quick ratio 0.3x – 0.5x
Cash ratio 0.0x – 0.0x
Altman Z-score 0.93 0.74 1.00

Shareholder Returns

7 metrics
MetricAEPESWTRG
Dividend yield 2.9% 4.6% 3.3%
Net buyback yield – – -1.0%
Shareholder yield 2.9% 4.6% 2.3%
Payout ratio (earnings) – 63.4% 69.8%
Payout ratio (FCF) – 470.1% -85.7%
Dividend growth (1Y) – 8.4% 7.8%
Dividend CAGR (3Y) – 8.3% 8.6%

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.

ConsensusAEPESWTRG
Forward P/E 21.7xFY2026 15.4xFY2026 18.0xFY2026
EPS, next fiscal year $6.01FY2026 $4.39FY2026 $2.37FY2026
EPS growth, next FY +0.7%FY2026 -7.8%FY2026 +7.7%FY2026
EPS growth, the year after +19.0% +9.3% -5.9%
Revenue, next fiscal year $23.09BFY2026 $13.05BFY2026 $2.42BFY2026
Revenue growth, next FY +5.5%FY2026 -3.7%FY2026 -1.8%FY2026
Revenue growth, the year after +3.5% +7.0% +17.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEPESWTRG
Held by institutions 92.1% 86.3% 78.7%
Institutions holding 1,984 1,110 696
Change in shares held, QoQ +13.2% +3.7% +3.6%
Institutions buying 1,064 617 336
Institutions selling 584 320 232
Buyers to sellers 1.82 1.93 1.45

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.

AEPESWTRG
AEP 1.00 0.57 0.34
ES 0.57 1.00 0.41
WTRG 0.34 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AEP, ES and WTRG?

American Electric Power (AEP) is the largest by market capitalisation: American Electric Power (AEP) $70.93B, Eversource Energy (ES) $25.49B, Essential Utilities (WTRG) $12.10B.

Which stock is cheaper, AEP, ES and WTRG?

Eversource Energy (ES) trades on the lowest price-to-earnings ratio (American Electric Power (AEP) 25.7x, Eversource Energy (ES) 14.6x, Essential Utilities (WTRG) 21.8x). On next year's consensus earnings, Eversource Energy (ES) is cheapest (American Electric Power (AEP) 21.7x, Eversource Energy (ES) 15.4x, Essential Utilities (WTRG) 18.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

American Electric Power (AEP) grew revenue fastest over the trailing twelve months: American Electric Power (AEP) +10.3%, Eversource Energy (ES) +9.8%, Essential Utilities (WTRG) +9.9%.

Which company is more profitable?

Essential Utilities (WTRG) has the highest net margin (American Electric Power (AEP) 12.1%, Eversource Energy (ES) 12.5%, Essential Utilities (WTRG) 21.6%). On return on invested capital, Eversource Energy (ES) leads (American Electric Power (AEP) 5.5%, Eversource Energy (ES) 6.2%, Essential Utilities (WTRG) 5.5%).

Which stock has performed better?

Over the past year American Electric Power (AEP) returned the most: American Electric Power (AEP) +12.0%, Eversource Energy (ES) -9.3%, Essential Utilities (WTRG) +4.9%. Over five years, American Electric Power (AEP) compounded fastest (American Electric Power (AEP) +9.0%/yr, Eversource Energy (ES) -4.6%/yr, Essential Utilities (WTRG) -2.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Eversource Energy (ES) has the highest dividend yield: American Electric Power (AEP) 2.92%, Eversource Energy (ES) 4.61%, Essential Utilities (WTRG) 3.25%.

Which stock is riskier?

By one-year price volatility, American Electric Power (AEP) has been the steadiest (American Electric Power (AEP) 19.4%, Eversource Energy (ES) 24.8%, Essential Utilities (WTRG) 22.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEP, ES and WTRG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, American Electric Power (AEP) leads on 6. 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.