Regulated Electric
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5 / 10Stock Comparison
EXC vs DUK vs SO vs D vs AEP
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Electric
Regulated Electric
Regulated Electric
Regulated Electric
EXC vs DUK vs SO vs D vs AEP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Regulated Electric | Regulated Electric | Regulated Electric | Regulated Electric | Regulated Electric |
| Market Cap | $46.05B | $97.70B | $105.41B | $54.18B | $72.04B |
| Revenue (TTM) | $24.79B | $33.29B | $30.17B | $17.45B | $22.16B |
| Net Income (TTM) | $2.78B | $5.14B | $4.36B | $2.35B | $3.65B |
| Gross Margin | 29.5% | 58.4% | 43.1% | 34.6% | 40.4% |
| Operating Margin | 21.0% | 27.0% | 24.1% | 26.3% | 23.5% |
| Forward P/E | 15.8x | 18.7x | 20.4x | 17.2x | 20.9x |
| Total Debt | $50.55B | $90.87B | $65.82B | $48.94B | $50.24B |
| Cash & Equiv. | $1.15B | $245M | $1.64B | $250M | $268M |
EXC vs DUK vs SO vs D vs AEP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Exelon Corporation (EXC) | 100 | 164.8 | +64.8% |
| Duke Energy Corpora… (DUK) | 100 | 146.6 | +46.6% |
| The Southern Company (SO) | 100 | 163.9 | +63.9% |
| Dominion Energy, In… (D) | 100 | 72.5 | -27.5% |
| American Electric P… (AEP) | 100 | 155.5 | +55.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: EXC vs DUK vs SO vs D vs AEP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
EXC is the #2 pick in this set and the best alternative if value and efficiency is your priority.
- Lower P/E (15.8x vs 20.9x)
- 3.3% ROA vs DUK's 2.6%, ROIC 5.1% vs 4.6%
DUK is the clearest fit if your priority is valuation efficiency.
- PEG 0.63 vs SO's 3.49
Among these 5 stocks, SO doesn't own a clear edge in any measured category.
D ranks third and is worth considering specifically for growth exposure and defensive.
- Rev growth 14.2%, EPS growth 41.4%, 3Y rev CAGR 5.8%
- Beta 0.03, yield 4.3%, current ratio 0.77x
- 14.2% revenue growth vs EXC's 5.3%
- 4.3% yield, vs AEP's 2.9%
AEP carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 21 yrs, beta 0.01, yield 2.9%
- 151.7% 10Y total return vs SO's 141.5%
- Lower volatility, beta 0.01, current ratio 0.45x
- 16.5% margin vs EXC's 11.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 14.2% revenue growth vs EXC's 5.3% | |
| Value | Lower P/E (15.8x vs 20.9x) | |
| Quality / Margins | 16.5% margin vs EXC's 11.2% | |
| Stability / Safety | Beta 0.01 vs D's 0.03 | |
| Dividends | 4.3% yield, vs AEP's 2.9% | |
| Momentum (1Y) | +26.9% vs EXC's +0.8% | |
| Efficiency (ROA) | 3.3% ROA vs DUK's 2.6%, ROIC 5.1% vs 4.6% |
EXC vs DUK vs SO vs D vs AEP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
EXC vs DUK vs SO vs D vs AEP — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
DUK leads in 1 of 6 categories
EXC leads 1 • D leads 1 • AEP leads 1 • SO leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
DUK leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DUK is the larger business by revenue, generating $33.3B annually — 1.9x D's $17.4B. AEP is the more profitable business, keeping 16.5% of every revenue dollar as net income compared to EXC's 11.2%. On growth, D holds the edge at +23.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $24.8B | $33.3B | $30.2B | $17.4B | $22.2B |
| EBITDAEarnings before interest/tax | $8.9B | $15.3B | $13.3B | $6.9B | $8.8B |
| Net IncomeAfter-tax profit | $2.8B | $5.1B | $4.4B | $2.4B | $3.7B |
| Free Cash FlowCash after capex | -$2.2B | $6.6B | -$3.8B | -$4.4B | $840M |
| Gross MarginGross profit ÷ Revenue | +29.5% | +58.4% | +43.1% | +34.6% | +40.4% |
| Operating MarginEBIT ÷ Revenue | +21.0% | +27.0% | +24.1% | +26.3% | +23.5% |
| Net MarginNet income ÷ Revenue | +11.2% | +15.4% | +14.5% | +13.5% | +16.5% |
| FCF MarginFCF ÷ Revenue | -8.7% | +19.8% | -12.7% | -25.0% | +3.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +7.9% | +11.3% | +8.0% | +23.1% | +6.8% |
| EPS Growth (YoY)Latest quarter vs prior year | 0.0% | +11.9% | -0.8% | -100.0% | +6.7% |
Valuation Metrics
EXC leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 16.4x trailing earnings, EXC trades at a 31% valuation discount to SO's 23.9x P/E. Adjusting for growth (PEG ratio), DUK offers better value at 0.67x vs SO's 4.08x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $46.1B | $97.7B | $105.4B | $54.2B | $72.0B |
| Enterprise ValueMkt cap + debt − cash | $95.5B | $188.3B | $169.6B | $102.9B | $122.0B |
| Trailing P/EPrice ÷ TTM EPS | 16.43x | 19.90x | 23.85x | 17.87x | 19.90x |
| Forward P/EPrice ÷ next-FY EPS est. | 15.78x | 18.74x | 20.44x | 17.19x | 20.89x |
| PEG RatioP/E ÷ EPS growth rate | 2.57x | 0.67x | 4.08x | — | 2.33x |
| EV / EBITDAEnterprise value multiple | 10.86x | 12.64x | 12.75x | 15.13x | 13.88x |
| Price / SalesMarket cap ÷ Revenue | 1.90x | 3.03x | 3.57x | 3.28x | 3.31x |
| Price / BookPrice ÷ Book value/share | 1.58x | 1.84x | 2.67x | 1.58x | 2.14x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — | — |
Profitability & Efficiency
D leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
AEP delivers a 11.5% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $7 for D. D carries lower financial leverage with a 1.46x debt-to-equity ratio, signaling a more conservative balance sheet compared to EXC's 1.76x. On the Piotroski fundamental quality scale (0–9), D scores 7/9 vs SO's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +9.8% | +9.6% | +11.3% | +7.1% | +11.5% |
| ROA (TTM)Return on assets | +3.3% | +2.6% | +2.8% | +2.8% | +3.2% |
| ROICReturn on invested capital | +5.1% | +4.6% | +5.3% | +4.3% | +5.1% |
| ROCEReturn on capital employed | +5.0% | +5.0% | +5.4% | +4.4% | +5.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 5 | 7 | 7 |
| Debt / EquityFinancial leverage | 1.76x | 1.71x | 1.69x | 1.46x | 1.56x |
| Net DebtTotal debt minus cash | $49.4B | $90.6B | $64.2B | $48.7B | $50.0B |
| Cash & Equiv.Liquid assets | $1.2B | $245M | $1.6B | $250M | $268M |
| Total DebtShort + long-term debt | $50.6B | $90.9B | $65.8B | $48.9B | $50.2B |
| Interest CoverageEBIT ÷ Interest expense | 2.42x | 2.57x | 2.51x | 2.79x | 2.61x |
Total Returns (Dividends Reinvested)
AEP leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AEP five years ago would be worth $16,976 today (with dividends reinvested), compared to $9,541 for D. Over the past 12 months, AEP leads with a +26.9% total return vs EXC's +0.8%. The 3-year compound annual growth rate (CAGR) favors AEP at 15.9% vs EXC's 5.1% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +3.5% | +7.8% | +8.1% | +5.2% | +15.3% |
| 1-Year ReturnPast 12 months | +0.8% | +5.6% | +5.8% | +17.6% | +26.9% |
| 3-Year ReturnCumulative with dividends | +16.1% | +39.6% | +37.0% | +23.3% | +55.6% |
| 5-Year ReturnCumulative with dividends | +64.5% | +45.2% | +62.8% | -4.6% | +69.8% |
| 10-Year ReturnCumulative with dividends | +124.7% | +106.8% | +141.5% | +27.8% | +151.7% |
| CAGR (3Y)Annualised 3-year return | +5.1% | +11.8% | +11.1% | +7.2% | +15.9% |
Risk & Volatility
Evenly matched — DUK and AEP each lead in 1 of 2 comparable metrics.
Risk & Volatility
DUK is the less volatile stock with a -0.24 beta — it tends to amplify market swings less than D's 0.03 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AEP currently trades 95.0% from its 52-week high vs EXC's 88.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.14x | -0.24x | -0.15x | 0.03x | 0.01x |
| 52-Week HighHighest price in past year | $50.65 | $134.49 | $100.84 | $67.50 | $139.44 |
| 52-Week LowLowest price in past year | $41.71 | $111.22 | $83.09 | $52.53 | $97.46 |
| % of 52W HighCurrent price vs 52-week peak | +88.9% | +93.3% | +92.7% | +91.3% | +95.0% |
| RSI (14)Momentum oscillator 0–100 | 40.6 | 46.7 | 53.8 | 52.0 | 59.4 |
| Avg Volume (50D)Average daily shares traded | 8.2M | 3.6M | 4.5M | 4.3M | 3.0M |
Analyst Outlook
Evenly matched — D and AEP each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: EXC as "Hold", DUK as "Hold", SO as "Hold", D as "Hold", AEP as "Buy". Consensus price targets imply 9.2% upside for EXC (target: $49) vs 2.8% for AEP (target: $136). For income investors, D offers the higher dividend yield at 4.32% vs SO's 2.91%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | $49.18 | $135.44 | $99.62 | $66.25 | $136.20 |
| # AnalystsCovering analysts | 35 | 31 | 33 | 31 | 35 |
| Dividend YieldAnnual dividend ÷ price | +3.5% | +3.4% | +2.9% | +4.3% | +2.9% |
| Dividend StreakConsecutive years of raises | 1 | 1 | 1 | 0 | 21 |
| Dividend / ShareAnnual DPS | $1.60 | $4.25 | $2.72 | $2.66 | $3.86 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
DUK leads in 1 of 6 categories (Income & Cash Flow). EXC leads in 1 (Valuation Metrics). 2 tied.
EXC vs DUK vs SO vs D vs AEP: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is EXC or DUK or SO or D or AEP a better buy right now?
For growth investors, Dominion Energy, Inc.
(D) is the stronger pick with 14. 2% revenue growth year-over-year, versus 5. 3% for Exelon Corporation (EXC). Exelon Corporation (EXC) offers the better valuation at 16. 4x trailing P/E (15. 8x forward), making it the more compelling value choice. Analysts rate American Electric Power Company, Inc. (AEP) a "Buy" — based on 35 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — EXC or DUK or SO or D or AEP?
On trailing P/E, Exelon Corporation (EXC) is the cheapest at 16.
4x versus The Southern Company at 23. 9x. On forward P/E, Exelon Corporation is actually cheaper at 15. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Duke Energy Corporation wins at 0. 63x versus The Southern Company's 3. 49x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — EXC or DUK or SO or D or AEP?
Over the past 5 years, American Electric Power Company, Inc.
(AEP) delivered a total return of +69. 8%, compared to -4. 6% for Dominion Energy, Inc. (D). Over 10 years, the gap is even starker: AEP returned +151. 7% versus D's +27. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — EXC or DUK or SO or D or AEP?
By beta (market sensitivity over 5 years), Duke Energy Corporation (DUK) is the lower-risk stock at -0.
24β versus Dominion Energy, Inc. 's 0. 03β — meaning D is approximately -111% more volatile than DUK relative to the S&P 500. On balance sheet safety, Dominion Energy, Inc. (D) carries a lower debt/equity ratio of 146% versus 176% for Exelon Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — EXC or DUK or SO or D or AEP?
By revenue growth (latest reported year), Dominion Energy, Inc.
(D) is pulling ahead at 14. 2% versus 5. 3% for Exelon Corporation (EXC). On earnings-per-share growth, the picture is similar: Dominion Energy, Inc. grew EPS 41. 4% year-over-year, compared to -1. 8% for The Southern Company. Over a 3-year CAGR, EXC leads at 8. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — EXC or DUK or SO or D or AEP?
Dominion Energy, Inc.
(D) is the more profitable company, earning 18. 2% net margin versus 11. 4% for Exelon Corporation — meaning it keeps 18. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: D leads at 26. 7% versus 21. 2% for EXC. At the gross margin level — before operating expenses — D leads at 49. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is EXC or DUK or SO or D or AEP more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Duke Energy Corporation (DUK) is the more undervalued stock at a PEG of 0. 63x versus The Southern Company's 3. 49x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Exelon Corporation (EXC) trades at 15. 8x forward P/E versus 20. 9x for American Electric Power Company, Inc. — 5. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for EXC: 9. 2% to $49. 18.
08Which pays a better dividend — EXC or DUK or SO or D or AEP?
All stocks in this comparison pay dividends.
Dominion Energy, Inc. (D) offers the highest yield at 4. 3%, versus 2. 9% for The Southern Company (SO).
09Is EXC or DUK or SO or D or AEP better for a retirement portfolio?
For long-horizon retirement investors, Duke Energy Corporation (DUK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
24), 3. 4% yield, +106. 8% 10Y return). Both have compounded well over 10 years (DUK: +106. 8%, D: +27. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between EXC and DUK and SO and D and AEP?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: EXC is a mid-cap deep-value stock; DUK is a mid-cap income-oriented stock; SO is a mid-cap quality compounder stock; D is a mid-cap deep-value stock; AEP is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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