AEP vs SO

American Electric Power and Southern Company, both Utilities

Southern Company is the larger company at $105B against $69B. On trailing earnings AEP is the cheaper of the two at a P/E of 18.2 against 23.0, a gap that is only a bargain if the two are growing at similar rates. Over the past year AEP returned +12% against -2.1% for SO. Ryufin's sector-relative Smart Score puts AEP ahead, 8/10 against 4/10.

American Electric Power and Southern Companycompared on valuation, return and Ryufin’s Smart Score
FigureAEPSO
Last close$123$89.76
Market cap$69B$105B
Trailing P/Elower is cheaper for the same earnings, not automatically better18.223.0
Dividend yield3.0%3.3%
1-year return+12%-2.1%
5-year return+68%+69%
Ryufin Smart Scoresector-relative, 1–108/104/10

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 Electric Generation Transmission Distribution, 18% of the disclosed total.

Southern Company

Revenue of $8.4B in Q1 2026, net income $1.3B. Its largest reported line is Retail Electric Commercial, 19% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or read the correlation.