AEP vs VST
American Electric Power Co. Inc. and Vistra Corp., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AEP | VST |
|---|---|---|
| Revenue | $21.9B | $17.7B |
| Net income | $3.7B | $944.0M |
| Gross margin | 67.9% | · |
| Net margin | 16.9% | 5.3% |
| Return on equity | 12.7% | 17.7% |
| Diluted EPS | $6.66 | $2.18 |
| Dividend / share | $3.74 | $0.90 |
| Payout ratio | 54.3% | 32.4% |
| Free cash flow | $3.5B | $1.3B |
| Equity | $31.1B | $5.1B |
| Net debt / equity | 1.51× | 3.54× |
| Current ratio | 0.45× | 0.78× |
| Revenue CAGR 5y | 8.0% | 9.2% |
| Profit CAGR 5y | 11.0% | 8.2% |
AEP bills 1.2× the revenue of VST, and keeps more of each dollar of revenue as profit (16.9% against 5.3%).
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.
9 years side by side
| Fiscal year | AEP | VST |
|---|---|---|
| FY2025 | $21.9B | $17.7B |
| FY2024 | $20.0B | $17.2B |
| FY2023 | $19.5B | $14.8B |
| FY2022 | $19.6B | $15.6B |
| FY2021 | $16.8B | $17.7B |
| FY2020 | $14.9B | $11.4B |
| FY2019 | $15.6B | $11.8B |
| FY2018 | $16.2B | $9.8B |
| FY2017 | $15.4B | $5.4B |
Bottom line
| Fiscal year | AEP | VST |
|---|---|---|
| FY2025 | $3.7B | $944.0M |
| FY2024 | $3.0B | $2.7B |
| FY2023 | $2.2B | $1.5B |
| FY2022 | $2.3B | $-1.2B |
| FY2021 | $2.5B | $-1.3B |
| FY2020 | $2.2B | $636.0M |
| FY2019 | $1.9B | $928.0M |
| FY2018 | $1.9B | $-54.0M |
| FY2017 | $1.9B | $-254.0M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$4,138,000,000 | AEP |
| FY2024 | +$2,746,000,000 | AEP |
| FY2023 | +$4,677,000,000 | AEP |
| FY2022 | +$4,008,500,000 | AEP |
| FY2021 | −$908,000,000 | VST |
| FY2020 | +$3,475,500,000 | AEP |
| FY2019 | +$3,752,400,000 | AEP |
| FY2018 | +$6,398,700,000 | AEP |
| FY2017 | +$9,994,900,000 | AEP |
The higher-revenue side has changed between AEP and VST over this period. The gap has narrowed since the earliest year compared.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +11.6 pp | AEP |
| FY2024 | −1.4 pp | VST |
| FY2023 | +1.3 pp | AEP |
| FY2022 | +19.5 pp | AEP |
| FY2021 | +22.0 pp | AEP |
| FY2020 | +9.3 pp | AEP |
| FY2019 | +4.5 pp | AEP |
| FY2018 | +12.5 pp | AEP |
| FY2017 | +17.2 pp | AEP |
The higher net margin has changed hands between AEP and VST over this period.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VST's net margin has been more volatile than AEP's over the 9 comparable fiscal years — 7.8 percentage points of standard deviation against 1.8.
9 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 VST over these 9 fiscal years — AEP led in 8 and VST in 1.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VST's return on equity has been more volatile than AEP's over the 9 comparable fiscal years — 20.3 percentage points of standard deviation against 1.0.
9 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 VST over these 9 fiscal years — AEP led in 5 and VST in 4.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.