AEP vs CEG
American Electric Power and Constellation Energy, both Utilities
Constellation Energy is the larger company at $104B against $68B. On trailing earnings AEP is the cheaper of the two at a P/E of 18.4 against 28.6, a gap that is only a bargain if the two are growing at similar rates. Over the past year AEP returned +19% against -11% for CEG. The RyuScore puts AEP ahead, 51 against 48 out of 100.
| Figure | AEP | CEG |
|---|---|---|
| Last close | $124 | $294 |
| Market cap | $68B | $104B |
| Trailing P/Elower is cheaper for the same earnings, not automatically better | 18.4 | 28.6 |
| Dividend yield | 3.0% | 0.1% |
| 1-year return | +19% | -11% |
| 5-year return | +68% | n/a |
| RyuScoresector-relative, 1–10 | 51/100 | 48/100 |
Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.
American Electric Power
Revenue of $6.0B in Q1 2026, net income $903M. Its largest reported line is Electricity, 51% of the disclosed total.
Constellation Energy
Revenue of $7.5B in Q2 2026, net income $513M. Its largest reported line is Constellation Calpine, 30% of the disclosed total.
Open these two in the interactive comparison to add more names, change the period or see the correlation.