American Electric Power (AEP) vs Fortis (FTS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Fortis (FTS) has outperformed American Electric Power (AEP) over the past year, gaining 5.2% versus a gain of 3.3%. Over five years, AEP leads with a +46.2% price change compared with +16.3% for FTS. American Electric Power is the larger company by market cap ($66.46 billion vs $27.09 billion), about 2.5 times the size.
On valuation, American Electric Power trades at a lower forward P/E (17.8x vs 19.2x for Fortis). Fortis offers the higher dividend yield (4.78% vs 3.10%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AEP | FTS |
|---|---|---|
| Share price | $122.08 | $53.02 |
| Market cap | $66.46B | $27.09B |
| 1-day change | +0.34% | +0.15% |
| YTD return | +5.87% | +2.08% |
| 1-year return | +3.32% | +5.16% |
| 5-year return | +46.22% | +16.27% |
| P/E ratio (TTM) | 21.16 | 21.55 |
| Forward P/E | 17.80 | 19.18 |
| EPS (TTM) | $5.77 | $2.46 |
| Dividend yield | 3.10% | 4.78% |
| Annual dividend | $3.78 | $2.54 |
| Revenue (latest FY) | $21.88B | — |
| Revenue growth (YoY) | +10.93% | — |
| Net income (latest FY) | $3.70B | — |
| Gross margin | 67.86% | — |
| Operating margin | 24.31% | — |
| Net margin | 16.90% | — |
| 52-week high | $140.58 | $59.40 |
| 52-week low | $112.54 | $49.60 |
| Distance from 52-week high | -13.16% | -10.74% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +16.75% | -0.04% |
| Average volume | 3.83M | 765.44K |
| Shares outstanding | 544.40M | 510.90M |
| Employees | 17,581 | 9,900 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- American Electric Power is about 2.5 times larger than Fortis by market value ($66.46B vs $27.09B).
- Fortis offers a meaningfully higher dividend yield (4.78% vs 3.10%).
About American Electric Power
AEP stock →American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.
Utilities · Electric Utilities: Central · 17,581 employees
About Fortis
FTS stock →Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.
Utilities · Electric Utilities: Central · 9,900 employees
AEP vs FTS FAQ
Which is bigger, American Electric Power or Fortis?
American Electric Power (AEP) is larger, with a market capitalization of $66.46B compared with $27.09B for Fortis (FTS).
Which stock has performed better over the past year, AEP or FTS?
FTS returned +5.16% over the past 12 months, compared with +3.32% for AEP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AEP or FTS?
AEP has the lower trailing P/E at 21.2, versus 21.6 for FTS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, American Electric Power or Fortis?
Fortis has the higher yield at 4.78%, compared with 3.10% for American Electric Power.
Are American Electric Power and Fortis in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.