American Electric Power operates numerous utilities, providing investors protection from any one adverse regulatory ruling. Nearly all of the company’s $43 billion capital investment plan from 2024-28 focuses on regulated investments.
Investments in transmission, distribution and renewable energy during the next several years should support earnings growth.
AEP has struggled to earn its regulatory allowed returns at some of its regulated utilities.
|
Metric
|
AEP
|
DUK
|
SO
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.76 | 16.44 | 20.78 |
Price/Book Value | 1.72 | 1.52 | 2.35 |
Price/Sales | 2.26 | 2.46 | 2.95 |
Price/Cash Flow | 7.51 | 7.44 | 9.68 |
|
Metric
|
AEP
|
DUK
|
SO
|
|---|---|---|---|
Quick Ratio | 0.27 | 0.25 | 0.35 |
Current Ratio | 0.53 | 0.74 | 0.77 |
Interest Coverage | 2.22 | 2.57 | 2.78 |
|
Metric
|
AEP
|
DUK
|
SO
|
|---|---|---|---|
Return on Assets (Normalized) | 2.26% | 0.49% | 2.73% |
Return on Equity (Normalized) | 8.82% | 1.85% | 12.09% |
Return on Invested Capital (Normalized) | 5.77% | 2.77% | 6.12% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Rczftydnr | Wyvbpv | $131.5 Bil | |
SO
| Southern Co | Lxgfjsvdp | Znqzqq | $77.2 Bil | |
DUK
| Duke Energy Corp | Ydvybkyb | Pypmfj | $74.0 Bil | |
NGG
| National Grid PLC ADR | Sfvwpdg | Wyrb | $47.7 Bil | |
PCG
| PG&E Corp | Hhqzthvny | Yqtj | $43.2 Bil | |
D
| Dominion Energy Inc | Qjvfypwz | Jyvzhm | $40.7 Bil | |
EXC
| Exelon Corp | Zqlqfjytm | Sxtyphn | $36.7 Bil | |
PEG
| Public Service Enterprise Group Inc | Wscblrmz | Znhhpf | $32.5 Bil | |
ED
| Consolidated Edison Inc | Phyjydlh | Gxrh | $31.4 Bil |
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