AES vs NEE vs AEP Stock Comparison

Aes, Nextera Energy and American Electric Power Prices as of Oct 26, 2026 Peers: Industry group
AES Aes Corp
$15.02 +0.9% 1M +3.2% 1Y
Market cap
$10.72B
P/E
5.7x
Revenue (TTM)
$13.05B
Div. yield
0.05%
Regulated Electric Utilities Utilities
4 wins
NEE Nextera Energy Inc
$82.02 +7.8% 1M -2.8% 1Y
Market cap
$172.22B
P/E
14.8x
Revenue (TTM)
$28.83B
Div. yield
–
Regulated Electric Utilities Utilities
2 wins

Head to Head

11 decided of 12

American Electric Power leads on 5 of the 12 questions below (American Electric Power 5, Aes 4, Nextera Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAESNEEAEPLeader
Larger companyMarket capitalisation $10.72B $172.22B $70.85B NEE
Cheaper on earningsLower P/E, profitable companies only 5.7x 14.8x 25.7x AES
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.8x 21.1x 21.5x AES
Faster revenue growthRevenue growth, trailing twelve months +8.5% +9.6% +10.3% AEP
More profitableNet margin, trailing twelve months 14.3% 40.4% 12.1% NEE
Better return on capitalReturn on invested capital 5.9% 4.7% 5.5% AES
Less leveragedLower net debt / EBITDA 7.5x 7.0x 6.0x AEP
Higher dividend yieldTrailing dividend yield 0.05% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +3.2% -2.8% +11.4% AEP
Better 5-year returnAnnualised price return, 5 years -10.2%/yr -0.7%/yr +8.9%/yr AEP
Less volatileAnnualised volatility, 1 year 27.4% 21.1% 19.4% AEP
Higher overall scoreMean of the five percentile scores vs peers 63/100 61/100 41/100 AES

Percentile Scorecard

AESNEEAEP

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

AxisAESNEEAEP
Valuation 89 #8 of 67 26 #50 of 67 23 #52 of 67
Growth 98 #2 of 65 92 #6 of 65 64 #24 of 65
Profitability 49 #33 of 64 89 #8 of 64 59 #27 of 64
Financial Health 2 #63 of 64 48 #34 of 64 29 #46 of 64
Shareholder Returns 74 #18 of 67 52 #33 of 67 30 #47 of 67
Overall 63 61 41
  • AES ranked among 67 companies in Regulated Utilities
  • NEE ranked among 67 companies in Regulated Utilities
  • AEP ranked among 67 companies in Regulated Utilities

Price Performance

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

Returns

PeriodAESNEEAEPSPY
1 month +0.9%+7.8%+9.2% -0.8%
3 months +1.3%-7.7%-3.3% +3.5%
6 months +3.7%-13.5%-4.3% +7.0%
Year to date +4.7%+2.2%+12.1% +12.2%
1 year +3.2%-2.8%+11.4% +13.0%
3 years +1.8%+45.8%+72.5% +86.3%
3 years, per year +0.6%+13.4%+19.9% +23.1%
5 years -41.5%-3.5%+53.3% +68.6%
5 years, per year -10.2%-0.7%+8.9% +11.0%
10 years +25.2%+160.0%+103.4% +258.0%
10 years, per year +2.3%+10.0%+7.4% +13.6%

Risk

MeasureAESNEEAEPSPY
Volatility, 1Y 27.4%21.1%19.4% 12.7%
Downside volatility, 1Y 33.9%22.2%19.2% 12.7%
Beta vs S&P 500, 1Y 0.320.10-0.07 1.00
Return / volatility, 1Y 0.12-0.130.59 1.02
Max drawdown, 5Y -67.1%-47.2%-32.2% -25.4%
From 52-week high -13.1%-16.2%-6.8% -1.8%
52-week high $17.28$97.88$138.69 $779.14
52-week low $13.44$75.50$113.70 $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.

MultipleAESNEEAEP
P/E now vs peer median 5.7xmedian 20.8x 14.7xmedian 20.8x 25.5xmedian 20.8x
P/S now vs peer median 0.8xmedian 2.9x 6.0xmedian 2.9x 3.1xmedian 2.9x
EV/EBITDA now vs peer median 10.1xmedian 13.1x 18.4xmedian 13.1x 14.0xmedian 13.1x
P/FCF now vs peer median -11.4xmedian 36.7x 36.8xmedian 36.7x -12.2xmedian 36.7x
P/B now vs peer median 1.1xmedian 1.7x 2.4xmedian 1.7x 2.1xmedian 1.7x
PEG now vs peer median 0.06median 2.23 1.05median 2.23 2.76median 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 monthsAESNEEAEP
Revenue $13.05B $28.83B $22.79B
Gross profit $2.65B – $15.43B
Operating income $2.42B $8.66B $5.24B
Net income $1.87B $11.64B $3.07B
Free cash flow -$937.00M $4.67B -$5.75B
EPS (diluted) $2.62 $5.55 $5.02
Cash & equivalents $1.80B $5.58B $375.00M
Total debt $32.12B $413.84B $52.84B
Shares (diluted) 715.00M 2.10B 550.63M
Enterprise value $3.90B $158.97B $68.02B

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
MetricAESNEEAEP
P/E 5.7x 14.7x 25.5x
P/FCF -11.4x 36.8x -12.2x
P/Operating cash flow 2.1x 11.6x 9.1x
P/S 0.8x 6.0x 3.1x
P/B 1.1x 2.4x 2.1x
P/Tangible book 1.4x 2.4x 2.1x
EV/EBITDA 10.1x 18.4x 14.0x
EV/EBIT 17.0x 32.0x 23.4x
EV/Revenue 3.1x 9.6x 5.4x
EV/FCF -43.7x 59.2x -21.3x
EV/Operating cash flow 8.1x 18.7x 15.9x
PEG (3Y EPS CAGR) 0.06 1.05 2.76

Growth

14 metrics
MetricAESNEEAEP
Revenue growth (1Y) 8.5% 9.6% 10.3%
Revenue CAGR (3Y) 0.3% 1.7% 5.4%
Gross profit growth (1Y) 30.1% – 8.1%
Gross profit CAGR (3Y) 1.3% – 7.8%
Operating income growth (1Y) 37.1% 13.4% 2.2%
Operating income CAGR (3Y) 1.5% -3.5% 19.5%
Net income growth (1Y) 115.9% 79.0% -17.4%
Net income CAGR (3Y) 100.8% 15.1% 15.7%
EPS growth (1Y) 104.4% 76.7% 5.2%
EPS CAGR (3Y) 88.8% 14.0% 9.2%
Operating cash flow growth (1Y) 40.0% 23.8% 17.1%
Operating cash flow CAGR (3Y) 18.3% 16.3% 22.6%
Free cash flow growth (1Y) 75.5% 30.9% -63.5%
Free cash flow CAGR (3Y) 33.9% 124.1% -19.1%

Profitability

14 metrics
MetricAESNEEAEP
Gross margin 20.3% – 67.7%
EBITDA margin 31.0% 52.2% 38.4%
Operating margin 18.5% 30.0% 23.0%
Pretax margin 5.7% 35.0% 15.4%
Net margin 14.3% 40.4% 12.1%
FCF margin -7.2% 16.2% -25.2%
Operating cash flow margin 38.5% 51.4% 33.8%
Return on equity 10.9% 13.9% 9.6%
Return on assets 2.0% 4.1% 2.7%
Return on invested capital 5.9% 4.7% 5.5%
Return on capital employed 5.4% 4.2% 5.0%
Asset turnover 0.2x 0.1x 0.2x
Cash conversion (OCF / net income) 2.7x 1.3x 2.5x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricAESNEEAEP
Debt / assets 59.2% 45.0% 43.5%
Debt / equity 3.3x 1.5x 1.6x
Net debt / EBITDA 7.5x 7.0x 6.0x
Debt / FCF -34.3x 23.6x -9.2x
Liabilities / assets 82.0% 70.3% 72.6%
Equity / assets 18.0% 29.7% 27.4%
Interest coverage 1.7x 2,164x 2.4x
Current ratio 0.7x 0.5x 0.5x
Quick ratio 0.4x 0.3x 0.3x
Cash ratio 0.2x 0.2x 0.0x
Altman Z-score 0.52 0.99 0.92

Shareholder Returns

7 metrics
MetricAESNEEAEP
Dividend yield 4.7% 3.0% 2.9%
Net buyback yield – -0.6% –
Shareholder yield 4.7% 2.4% 2.9%
Payout ratio (earnings) 26.8% – –
Payout ratio (FCF) -53.6% – –
Dividend growth (1Y) 1.4% – –
Dividend CAGR (3Y) 5.1% – –

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.

ConsensusAESNEEAEP
Forward P/E 6.8xFY2026 21.1xFY2026 21.5xFY2026
EPS, next fiscal year $2.21FY2026 $3.89FY2026 $6.01FY2026
EPS growth, next FY -5.6%FY2026 +4.9%FY2026 +0.7%FY2026
EPS growth, the year after +17.6% +18.5% +19.0%
Revenue, next fiscal year $12.56BFY2026 $32.08BFY2026 $23.09BFY2026
Revenue growth, next FY +2.7%FY2026 +17.0%FY2026 +5.5%FY2026
Revenue growth, the year after +10.0% +9.6% +3.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAESNEEAEP
Held by institutions 89.6% 84.3% 92.1%
Institutions holding 698 3,019 1,984
Change in shares held, QoQ +2.0% +2.3% +13.2%
Institutions buying 348 1,588 1,064
Institutions selling 241 1,054 584
Buyers to sellers 1.44 1.51 1.82

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.

AESNEEAEP
AES 1.00 0.18 0.12
NEE 0.18 1.00 0.51
AEP 0.12 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AES, NEE and AEP?

Nextera Energy (NEE) is the largest by market capitalisation: Aes (AES) $10.72B, Nextera Energy (NEE) $172.22B, American Electric Power (AEP) $70.85B.

Which stock is cheaper, AES, NEE and AEP?

Aes (AES) trades on the lowest price-to-earnings ratio (Aes (AES) 5.7x, Nextera Energy (NEE) 14.8x, American Electric Power (AEP) 25.7x). On next year's consensus earnings, Aes (AES) is cheapest (Aes (AES) 6.8x, Nextera Energy (NEE) 21.1x, American Electric Power (AEP) 21.5x). 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: Aes (AES) +8.5%, Nextera Energy (NEE) +9.6%, American Electric Power (AEP) +10.3%.

Which company is more profitable?

Nextera Energy (NEE) has the highest net margin (Aes (AES) 14.3%, Nextera Energy (NEE) 40.4%, American Electric Power (AEP) 12.1%). On return on invested capital, Aes (AES) leads (Aes (AES) 5.9%, Nextera Energy (NEE) 4.7%, American Electric Power (AEP) 5.5%).

Which stock has performed better?

Over the past year American Electric Power (AEP) returned the most: Aes (AES) +3.2%, Nextera Energy (NEE) -2.8%, American Electric Power (AEP) +11.4%. Over five years, American Electric Power (AEP) compounded fastest (Aes (AES) -10.2%/yr, Nextera Energy (NEE) -0.7%/yr, American Electric Power (AEP) +8.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Aes (AES) 0.05%, Nextera Energy (NEE) 0.00%, American Electric Power (AEP) 0.00%. Nextera Energy (NEE) and American Electric Power (AEP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, American Electric Power (AEP) has been the steadiest (Aes (AES) 27.4%, Nextera Energy (NEE) 21.1%, American Electric Power (AEP) 19.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AES, NEE and AEP?

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 5. 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.