American Electric Power Company Inc vs T Rowe Price Group Inc — how do they compare? American Electric Power Company Inc trades at $123.61 (market cap $67.28B), while T Rowe Price Group Inc trades at $116.99 (market cap $24.26B). The key difference: American Electric Power Company Inc is far larger — about 2.8× T Rowe Price Group Inc's market cap, and T Rowe Price Group Inc pays the higher dividend (4.57%). Which is the better fit depends on your goals.
| AEP | TROW | |
|---|---|---|
Market Cap | $67.28B | $24.26B |
Sector | Utilities | Financials |
52-Week High | $138.69 | $121.68 |
52-Week Low | $106.44 | $86.19 |
Enterprise Value | $120.17B | $21.46B |
Dividend Yield | 3.07% | 4.57% |
Trailing returns across standard periods
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (19%), nuclear (7%), and demand response (4%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Read more on AEP →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
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