AEP vs NEE
American Electric Power Co. Inc. and Nextera Energy Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AEP | NEE |
|---|---|---|
| Revenue | $21.9B | $27.4B |
| Net income | $3.7B | $6.8B |
| Gross margin | 67.9% | · |
| Net margin | 16.9% | 19.5% |
| Return on equity | 12.7% | 13.1% |
| Diluted EPS | $6.66 | $3.30 |
| Dividend / share | $3.74 | $2.27 |
| Payout ratio | 54.3% | 68.5% |
| Free cash flow | $3.5B | · |
| Equity | $31.1B | $54.6B |
| Net debt / equity | 1.51× | 1.65× |
| Current ratio | 0.45× | 0.60× |
| Revenue CAGR 5y | 8.0% | 8.8% |
| Profit CAGR 5y | 11.0% | 18.5% |
NEE bills 1.3× the revenue of AEP, and keeps more of each dollar of revenue as profit (19.5% against 16.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AEP | NEE |
|---|---|---|
| FY2025 | $21.9B | $27.4B |
| FY2024 | $20.0B | $24.8B |
| FY2023 | $19.5B | $28.1B |
| FY2022 | $19.6B | $23.0B |
| FY2021 | $16.8B | $18.8B |
| FY2020 | $14.9B | $18.0B |
| FY2019 | $15.6B | $19.2B |
| FY2018 | $16.2B | $16.7B |
| FY2017 | $15.4B | $17.2B |
| FY2016 | $16.4B | $16.1B |
Bottom line
| Fiscal year | AEP | NEE |
|---|---|---|
| FY2025 | $3.7B | $6.8B |
| FY2024 | $3.0B | $6.9B |
| FY2023 | $2.2B | $7.3B |
| FY2022 | $2.3B | $4.1B |
| FY2021 | $2.5B | $3.6B |
| FY2020 | $2.2B | $2.9B |
| FY2019 | $1.9B | $3.8B |
| FY2018 | $1.9B | $6.6B |
| FY2017 | $1.9B | $5.4B |
| FY2016 | $618.0M | $2.9B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$5,536,000,000 | NEE |
| FY2024 | −$4,783,000,000 | NEE |
| FY2023 | −$8,658,000,000 | NEE |
| FY2022 | −$3,360,500,000 | NEE |
| FY2021 | −$2,008,000,000 | NEE |
| FY2020 | −$3,078,500,000 | NEE |
| FY2019 | −$3,642,600,000 | NEE |
| FY2018 | −$531,300,000 | NEE |
| FY2017 | −$1,748,100,000 | NEE |
| FY2016 | +$242,100,000 | AEP |
| FY2015 | −$1,032,800,000 | NEE |
| FY2014 | −$642,400,000 | NEE |
| FY2013 | −$322,500,000 | NEE |
| FY2012 | +$689,000,000 | AEP |
| FY2011 | −$225,000,000 | NEE |
| FY2010 | −$890,000,000 | NEE |
| FY2009 | −$2,154,000,000 | NEE |
| FY2008 | −$1,970,000,000 | NEE |
| FY2007 | −$1,883,000,000 | NEE |
The higher-revenue side has changed between AEP and NEE over this period. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.6 pp | NEE |
| FY2024 | −8.1 pp | NEE |
| FY2023 | −11.0 pp | NEE |
| FY2022 | −2.4 pp | NEE |
| FY2021 | −0.2 pp | NEE |
| FY2020 | +1.6 pp | AEP |
| FY2019 | −5.3 pp | NEE |
| FY2018 | −22.6 pp | NEE |
| FY2017 | −18.5 pp | NEE |
| FY2016 | −14.8 pp | NEE |
| FY2015 | −3.3 pp | NEE |
| FY2014 | −4.5 pp | NEE |
| FY2013 | −2.6 pp | NEE |
| FY2012 | −5.0 pp | NEE |
| FY2011 | +0.4 pp | AEP |
| FY2010 | −4.3 pp | NEE |
| FY2009 | −0.2 pp | NEE |
| FY2008 | −0.4 pp | NEE |
The higher net margin has changed hands between AEP and NEE over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NEE's net margin has been more volatile than AEP's over the 18 comparable fiscal years — 6.6 percentage points of standard deviation against 2.9.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AEP and NEE over these 18 fiscal years — AEP led in 2 and NEE in 16.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NEE's return on equity has been more volatile than AEP's over the 18 comparable fiscal years — 3.3 percentage points of standard deviation against 2.2.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AEP and NEE over these 18 fiscal years — AEP led in 3 and NEE in 15.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.