COMPARE · Data as of August 21, 2026
AEP vs NGG
Verdict: Side-by-side breakdown using the Bull Rankings model. AEP scored 63.3, NGG scored 57.6 — AEP leads.
Compare another set
Different reporting periods. AEP's fundamentals are as of June 2026, but NGG's are as of March 2025 — a 15-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
AEP
American Electric Power Company, Inc.
63.3
$120.94 · $65.8B
fundamentals as of
Score gap
5.7
AEP leads
NGG
National Grid Transco, PLC Nati
57.6
$79.76 · $80.2B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthAEP+10.9%
- Strongest balance sheetNGG1.21
- Highest qualityNGG58 / 100
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
AEP
stronger →← stronger
NGG
48
Qualityreturns · margins · balance sheet
58
84
Growthrevenue & earnings expansion
44
64
Valuevaluation vs sector peers
88
NGG is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
AEP
NGG
-$2.4bF
FCF
—
+10.9%B
Rev
-7.4%D
1.61C+
D/E
1.21B+
2.9xB
P/S
—
2.15C
PEG
1.00B+
—
P/E
17.9xB+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Model signals
AEP
Why this score
- Short track record
NGG
Why this score
- Cut its dividend
- Foreign reporter (GBP)
The companies
AEPAmerican Electric Power Company, Inc.
Why now
Utilities - Regulated Electric · market cap $65.8b. 14% off the 52-week high of $140.58. Revenue growing +11%, comfortably above the S&P median. 20 sell-side analysts rate this a Buy with a mean 1-yr target of $144.20 (implying +19% upside).
Moat
Net margin 14% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 10% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. $65.8b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Free cash flow is negative (-$2.4b) — capital raises or debt issuance likely required; dilution / leverage risk.
NGGNational Grid Transco, PLC Nati
Why now
Utilities - Regulated Electric · market cap $80.2b. 16% off the 52-week high of $94.64. Revenue -7% — in contraction; any catalyst that reverses this triggers re-rating. 5 sell-side analysts publish a mean 1-yr target of $90.89 (implying +14% upside).
Moat
Net margin 16% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. $80.2b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Revenue contracting -7% — the operational turn is not yet visible in the top line. Dividend payout 71% of earnings on a 4.0% yield — distribution coverage is thin; one earnings stumble could force a dividend cut. ROE 8% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where AEP and NGG diverge
On the headline score the gap is 5.7 points in favor of AEP. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- GrowthAEP 83.9 · NGG 43.5AEP +40.4
- ValueAEP 63.7 · NGG 87.7NGG +24.0
- QualityAEP 47.6 · NGG 58.3NGG +10.7
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.