AEP vs NRG
American Electric Power Co. Inc. and NRG Energy, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AEP | NRG |
|---|---|---|
| Revenue | $21.9B | $30.7B |
| Net income | $3.7B | $864.0M |
| Gross margin | 67.9% | · |
| Net margin | 16.9% | · |
| Return on equity | 12.7% | 41.5% |
| Diluted EPS | $6.66 | $4.01 |
| Dividend / share | $3.74 | $1.76 |
| Payout ratio | 54.3% | 47.6% |
| Free cash flow | $3.5B | $766.0M |
| Equity | $31.1B | · |
| Net debt / equity | 1.51× | 6.96× |
| Current ratio | 0.45× | 1.64× |
| Revenue CAGR 5y | 8.0% | 27.6% |
| Profit CAGR 5y | 11.0% | 11.1% |
NRG bills 1.4× the revenue of AEP.
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 | NRG |
|---|---|---|
| FY2025 | $21.9B | $30.7B |
| FY2024 | $20.0B | $28.1B |
| FY2023 | $19.5B | $28.8B |
| FY2022 | $19.6B | $31.5B |
| FY2021 | $16.8B | $27.0B |
| FY2020 | $14.9B | $9.1B |
| FY2019 | $15.6B | $9.8B |
| FY2018 | $16.2B | $9.5B |
| FY2017 | $15.4B | $9.1B |
| FY2016 | $16.4B | $8.9B |
Bottom line
| Fiscal year | AEP | NRG |
|---|---|---|
| FY2025 | $3.7B | $864.0M |
| FY2024 | $3.0B | $1.1B |
| FY2023 | $2.2B | $-202.0M |
| FY2022 | $2.3B | $1.2B |
| FY2021 | $2.5B | $2.2B |
| FY2020 | $2.2B | $510.0M |
| FY2019 | $1.9B | $4.4B |
| FY2018 | $1.9B | $268.0M |
| FY2017 | $1.9B | $-2.2B |
| FY2016 | $618.0M | $-774.0M |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$8,837,000,000 | NRG |
| FY2024 | −$8,160,000,000 | NRG |
| FY2023 | −$9,367,000,000 | NRG |
| FY2022 | −$11,903,500,000 | NRG |
| FY2021 | −$10,197,000,000 | NRG |
| FY2020 | +$5,825,500,000 | AEP |
| FY2019 | +$5,740,400,000 | AEP |
| FY2018 | +$6,717,700,000 | AEP |
| FY2017 | +$6,350,900,000 | AEP |
| FY2016 | +$7,465,100,000 | AEP |
| FY2015 | +$4,125,200,000 | AEP |
| FY2014 | +$510,600,000 | AEP |
| FY2013 | +$3,518,500,000 | AEP |
| FY2012 | +$6,523,000,000 | AEP |
| FY2011 | +$6,037,000,000 | AEP |
| FY2010 | +$5,578,000,000 | AEP |
| FY2009 | +$4,537,000,000 | AEP |
| FY2008 | +$7,555,000,000 | AEP |
| FY2007 | +$7,391,000,000 | AEP |
The higher-revenue side has changed between AEP and NRG 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.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2020 | +9.1 pp | AEP |
| FY2018 | +9.1 pp | AEP |
| FY2017 | +38.3 pp | AEP |
| FY2016 | +13.8 pp | AEP |
| FY2015 | +64.7 pp | AEP |
| FY2014 | +9.2 pp | AEP |
| FY2013 | +13.1 pp | AEP |
| FY2012 | +4.7 pp | AEP |
| FY2011 | +10.7 pp | AEP |
| FY2010 | +3.1 pp | AEP |
| FY2009 | −0.4 pp | NRG |
| FY2008 | −8.2 pp | NRG |
| FY2007 | −1.4 pp | NRG |
The higher net margin has changed hands between AEP and NRG over this period.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NRG's net margin has been more volatile than AEP's over the 13 comparable fiscal years — 17.6 percentage points of standard deviation against 2.7.
13 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 NRG over these 13 fiscal years — AEP led in 10 and NRG in 3.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NRG's return on equity has been more volatile than AEP's over the 17 comparable fiscal years — 36.5 percentage points of standard deviation against 2.3.
17 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 NRG over these 17 fiscal years — AEP led in 10 and NRG in 7.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.