AEP vs ETR vs HNRG Stock Comparison

American Electric Power, Entergy and Hallador Energy Prices as of Nov 4, 2026 Peers: Industry group
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ETR Entergy Corp /De/
$111.86 +10.9% 1M +16.2% 1Y
Market cap
$53.45B
P/E
41.1x
Revenue (TTM)
$14.04B
Div. yield
2.29%
Regulated Electric Utilities Utilities
1 win
HNRG Hallador Energy Co
$9.61 -31.1% 1M -52.8% 1Y
Market cap
$453.05M
P/E
–
Revenue (TTM)
$452.10M
Div. yield
–
Independent Power Producers Utilities
2 wins

Head to Head

12 decided of 12

American Electric Power leads on 9 of the 12 questions below (American Electric Power 9, Hallador Energy 2, Entergy 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEPETRHNRGLeader
Larger companyMarket capitalisation $70.37B $53.45B $453.05M AEP
Cheaper on earningsLower P/E, profitable companies only 18.6x 41.1x -496.7x AEP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.5x 24.4x — AEP
Faster revenue growthRevenue growth, trailing twelve months +11.1% +10.3% +7.9% AEP
More profitableNet margin, trailing twelve months 16.1% 9.1% -0.2% AEP
Better return on capitalReturn on invested capital 5.8% 5.1% — AEP
Less leveragedLower net debt / EBITDA 5.8x 5.0x 2.4x HNRG
Higher dividend yieldTrailing dividend yield 2.94% 2.29% 0.00% AEP
Better 1-year returnPrice return, last 12 months +7.4% +16.2% -52.8% ETR
Better 5-year returnAnnualised price return, 5 years +8.7%/yr +16.5%/yr +25.2%/yr HNRG
Less volatileAnnualised volatility, 1 year 18.5% 20.6% 64.7% AEP
Higher overall scoreMean of the five percentile scores vs peers 53/100 38/100 38/100 AEP

Percentile Scorecard

AEPETRHNRG

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

AxisAEPETRHNRG
Valuation 39 #41 of 67 14 #58 of 67 48 #13 of 24
Growth 94 #5 of 65 30 #46 of 65 14 #20 of 23
Profitability 53 #31 of 65 61 #26 of 65 52 #11 of 22
Financial Health 29 #47 of 66 57 #29 of 66 61 #10 of 24
Shareholder Returns 50 #34 of 67 29 #48 of 67 18 #15 of 18
Overall 53 38 38
  • AEP ranked among 67 companies in Regulated Utilities
  • ETR ranked among 67 companies in Regulated Utilities
  • HNRG ranked among 24 companies in Power Generation

Price Performance

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

Returns

PeriodAEPETRHNRGSPY
1 month +7.9%+10.9%-31.1% -1.0%
3 months +2.2%+4.7%-34.9% -0.4%
6 months -2.5%-1.0%-48.2% +4.5%
Year to date +12.1%+21.0%-49.5% +12.4%
1 year +7.4%+16.2%-52.8% +13.6%
3 years +62.1%+127.9%-30.1% +76.4%
3 years, per year +17.5%+31.6%-11.2% +20.8%
5 years +52.0%+114.6%+207.0% +63.7%
5 years, per year +8.7%+16.5%+25.2% +10.4%
10 years +107.1%+215.9%+4.9% +267.7%
10 years, per year +7.6%+12.2%+0.5% +13.9%

Risk

MeasureAEPETRHNRGSPY
Volatility, 1Y 18.5%20.6%64.7% 12.8%
Downside volatility, 1Y 19.3%20.6%66.2% 12.7%
Beta vs S&P 500, 1Y -0.080.181.59 1.00
Return / volatility, 1Y 0.400.79-0.82 1.06
Max drawdown, 5Y -32.2%-29.4%-71.1% -25.4%
From 52-week high -6.8%-5.1%-59.6% -1.6%
52-week high $138.69$117.91$23.81 $779.14
52-week low $113.70$91.19$9.61 $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.

MultipleAEPETRHNRG
P/E now vs peer median 18.6xmedian 21.2x 41.1xmedian 21.2x -496.7xmedian 22.5x
P/S now vs peer median 3.0xmedian 2.9x 3.8xmedian 2.9x 1.0xmedian 2.6x
EV/EBITDA now vs peer median 13.5xmedian 12.9x 13.8xmedian 12.9x 81.0xmedian 11.0x
P/FCF now vs peer median -8.6xmedian 33.4x -14.4xmedian 33.4x -9.0xmedian 13.5x
P/B now vs peer median 2.1xmedian 1.8x 2.7xmedian 1.8x 2.4xmedian 2.1x
PEG now vs peer median 1.11median 2.06 -5.07median 2.06 18.96median 0.66

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 monthsAEPETRHNRG
Revenue $23.61B $14.04B $452.10M
Gross profit $16.15B – –
Operating income $5.53B $3.45B $16.94M
Net income $4.42B $2.06B -$912.00K
Free cash flow -$8.17B -$3.70B -$50.46M
R&D – – $468.00K
EPS (diluted) $6.89 $2.70 $-0.02
Cash & equivalents $418.00M $4.21B $28.98M
Total debt $54.42B $34.81B $42.93M
Shares (diluted) 550.10M 474.43M 47.13M
Enterprise value $69.44B $39.95B $364.56M

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
MetricAEPETRHNRG
P/E 18.6x 41.1x -496.7x
P/FCF -8.6x -14.4x -9.0x
P/Operating cash flow 9.3x 8.7x 16.2x
P/S 3.0x 3.8x 1.0x
P/B 2.1x 2.7x 2.4x
P/Tangible book 2.1x 2.7x 2.4x
EV/EBITDA 13.5x 13.8x 81.0x
EV/EBIT 22.4x 24.4x 27.6x
EV/Revenue 5.3x 6.0x 1.0x
EV/FCF -15.2x -22.7x -9.3x
EV/Operating cash flow 16.4x 13.6x 16.7x
PEG (3Y EPS CAGR) 1.11 -5.07 18.96

Growth

14 metrics
MetricAEPETRHNRG
Revenue growth (1Y) 11.1% 10.3% 7.9%
Revenue CAGR (3Y) 7.0% 3.4% -8.3%
Gross profit growth (1Y) 11.0% – –
Gross profit CAGR (3Y) 9.0% – –
Operating income growth (1Y) 4.4% 3.7% 109.0%
Operating income CAGR (3Y) 16.6% 7.1% -43.0%
Net income growth (1Y) 30.7% 13.4% 99.5%
Net income CAGR (3Y) 25.1% 11.9% -26.2%
EPS growth (1Y) 66.6% -32.4% 99.6%
EPS CAGR (3Y) 16.8% -8.1% -26.2%
Operating cash flow growth (1Y) 10.5% 16.2% -63.1%
Operating cash flow CAGR (3Y) 21.5% 15.5% -34.2%
Free cash flow growth (1Y) -123.1% -76.5% -295.8%
Free cash flow CAGR (3Y) -33.2% -82.5% -50.2%

Profitability

14 metrics
MetricAEPETRHNRG
Gross margin 68.4% – –
EBITDA margin 38.9% 43.4% 1.3%
Operating margin 23.4% 24.6% 3.7%
Pretax margin 15.7% 18.6% -0.2%
Net margin 16.1% 9.1% -0.2%
FCF margin -34.6% -26.4% -11.2%
Operating cash flow margin 32.1% 44.0% 6.2%
Return on equity 10.2% 10.8% 0.5%
Return on assets 2.8% 2.6% 0.2%
Return on invested capital 5.8% 5.1% –
Return on capital employed 5.1% 4.7% 6.8%
Asset turnover 0.2x 0.2x 1.0x
Cash conversion (OCF / net income) 1.7x 3.0x -30.7x
Stock comp / revenue – – 1.0%

Financial Health

11 metrics
MetricAEPETRHNRG
Debt / assets 43.3% 42.5% 9.2%
Debt / equity 1.6x 1.8x 0.2x
Net debt / EBITDA 5.8x 5.0x 2.4x
Debt / FCF -6.7x -9.4x -0.9x
Liabilities / assets 72.9% 75.7% 59.3%
Equity / assets 27.1% 24.3% 40.7%
Interest coverage 2.4x 2.1x 1.0x
Current ratio 0.5x 1.2x 0.7x
Quick ratio 0.3x 0.9x 0.2x
Cash ratio 0.0x 0.6x 0.1x
Altman Z-score 0.91 1.08 1.71

Shareholder Returns

7 metrics
MetricAEPETRHNRG
Dividend yield 2.9% 2.3% –
Net buyback yield – -4.3% -11.9%
Shareholder yield 2.9% -2.0% -11.9%
Payout ratio (earnings) – 56.9% –
Payout ratio (FCF) – -31.7% –
Dividend growth (1Y) – 12.6% –
Dividend CAGR (3Y) – 9.1% –

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.

ConsensusAEPETRHNRG
Forward P/E 21.5xFY2026 24.4xFY2026 –
EPS, next fiscal year $6.01FY2026 $4.59FY2026 $-0.35FY2026
EPS growth, next FY +0.7%FY2026 +17.4%FY2026 -136.5%FY2026
EPS growth, the year after +19.0% +13.9% –
Revenue, next fiscal year $23.09BFY2026 $13.48BFY2026 $474.13MFY2026
Revenue growth, next FY +5.5%FY2026 +4.1%FY2026 +1.0%FY2026
Revenue growth, the year after +3.5% +8.5% +7.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEPETRHNRG
Held by institutions 92.1% 97.8% 76.3%
Institutions holding 1,987 1,332 172
Change in shares held, QoQ +13.2% +6.1% +5.2%
Institutions buying 1,065 696 87
Institutions selling 586 411 52
Buyers to sellers 1.82 1.69 1.67

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.

AEPETRHNRG
AEP 1.00 0.77 -0.03
ETR 0.77 1.00 0.04
HNRG -0.03 0.04 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, AEP, ETR and HNRG?

American Electric Power (AEP) is the largest by market capitalisation: American Electric Power (AEP) $70.37B, Entergy (ETR) $53.45B, Hallador Energy (HNRG) $453.05M.

Which stock is cheaper, AEP, ETR and HNRG?

American Electric Power (AEP) trades on the lowest price-to-earnings ratio (American Electric Power (AEP) 18.6x, Entergy (ETR) 41.1x, Hallador Energy (HNRG) -496.7x). On next year's consensus earnings, American Electric Power (AEP) is cheapest (American Electric Power (AEP) 21.5x, Entergy (ETR) 24.4x). 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) +11.1%, Entergy (ETR) +10.3%, Hallador Energy (HNRG) +7.9%.

Which company is more profitable?

American Electric Power (AEP) has the highest net margin (American Electric Power (AEP) 16.1%, Entergy (ETR) 9.1%, Hallador Energy (HNRG) -0.2%). On return on invested capital, American Electric Power (AEP) leads (American Electric Power (AEP) 5.8%, Entergy (ETR) 5.1%).

Which stock has performed better?

Over the past year Entergy (ETR) returned the most: American Electric Power (AEP) +7.4%, Entergy (ETR) +16.2%, Hallador Energy (HNRG) -52.8%. Over five years, Hallador Energy (HNRG) compounded fastest (American Electric Power (AEP) +8.7%/yr, Entergy (ETR) +16.5%/yr, Hallador Energy (HNRG) +25.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

American Electric Power (AEP) has the highest dividend yield: American Electric Power (AEP) 2.94%, Entergy (ETR) 2.29%, Hallador Energy (HNRG) 0.00%. Hallador Energy (HNRG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, American Electric Power (AEP) has been the steadiest (American Electric Power (AEP) 18.5%, Entergy (ETR) 20.6%, Hallador Energy (HNRG) 64.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEP, ETR and HNRG?

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 9. 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.