AEP · American Electric Power Co Inc · Financials

$129.86 +2.47 (+1.94%)

S&P 500 member Nasdaq-100 member Russell 1000 member Rebalance outlook locked

Market Cap

$69.51B

544.10M

Volume · Oct 22 620.82K Avg daily vol (3M) 3.68M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$21.88B +10.9%

FY2025

Net Income

$3.7B +24.2%

FY2025

Operating Margin

24.31% +2.5pp

FY2025

Diluted EPS

$6.66 +19.4%

FY2025

Operating Cash Flow

$6.94B +2.1%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007
Revenue	+3.7%	+8.0%	+2.9%	—	$22.79B	$21.88B	$19.72B	$18.98B	$19.64B	$16.79B	$14.92B	$15.56B	$16.2B	$15.42B	$16.38B	$16.45B	$16.38B	$14.81B	$14.95B	$15.12B	$14.43B	$13.49B	$14.44B	$13.38B
Amortization of Intangibles	-47.7%	+14.9%	—	—	—	—	—	—	—	—	—	—	—	—	$2M	$3M	$5M	$14M	$34M	$1M	$1M	$3M	$3M	—
Depreciation & Amortization	+2.7%	—	—	—	—	$3.33B	$3.15B	$2.93B	$3.07B	—	—	—	—	—	—	—	—	—	—	—	$1.64B	$1.6B	$1.48B	$1.51B
Total Operating Expenses	+8.9%	+2.7%	+2.6%	—	$15.77B	—	—	$15.43B	$16.16B	$13.38B	$11.93B	$12.97B	$13.51B	$11.9B	$15.22B	$13.12B	$13.25B	$11.99B	$12.29B	$12.33B	$11.76B	$10.72B	$11.65B	$11.06B
Total Costs & Expenses	+0.8%	—	—	—	$17.55B	$16.56B	$15.42B	$15.43B	$16.16B	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Operating Income	+15.2%	+12.2%	+4.8%	—	$5.24B	$5.32B	$4.3B	$3.56B	$3.48B	$3.41B	$2.99B	$2.59B	$2.68B	$3.53B	$1.16B	$3.33B	$3.13B	$2.82B	$2.66B	$2.78B	$2.66B	$2.77B	$2.79B	$2.32B
Operating Margin	—	—	—	—	—	24.31%	21.82%	18.73%	17.73%	20.32%	20.03%	16.66%	16.56%	22.85%	7.11%	20.26%	19.09%	19.05%	17.77%	18.4%	18.46%	20.54%	19.3%	17.33%
EBITDA	+9.7%	—	—	—	—	$8.64B	$7.45B	$6.48B	$6.56B	—	—	—	—	—	—	—	—	—	—	—	$4.3B	$4.37B	$4.27B	$3.83B
Interest Expense	+13.2%	+11.7%	+8.8%	—	$2.18B	$2.03B	$1.86B	$1.81B	$1.4B	$1.2B	$1.17B	$1.07B	$984.4M	$895M	$877.2M	$873.9M	$868M	$890M	$988M	$933M	$999M	$973M	$957M	$838M
Interest Income	+40.3%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$58M	$8M	$27M	$21M	$11M	—	—
Other Non-Operating Income	+60.5%	-3.4%	—	—	$45M	$48M	$65M	$64M	$11.6M	$41.4M	$57M	$26.6M	$18.2M	$34.6M	—	—	—	—	—	—	—	—	—	—
Equity in Earnings of Unconsolidated Entities	—	+2.1%	+4.5%	—	$96M	$101M	$94M	$59M	-$109.4M	$91.7M	$91.1M	$72.1M	$73.1M	$82.4M	$71.2M	$65.3M	$90.2M	$58.3M	$44M	$27M	$12M	$7M	$3M	$6M
Pretax Income	+18.3%	+11.4%	+3.6%	—	$3.61B	$3.83B	$2.94B	$2.27B	$2.31B	$2.6B	$2.23B	$1.9B	$2.04B	$2.9B	$546.8M	$2.69B	$2.49B	$2.15B	$1.87B	$2.39B	$1.86B	$1.95B	$2.02B	$1.66B
Income Tax	+188.0%	+26.1%	-17.8%	—	$351M	$129M	-$39M	$55M	$5.4M	$115.5M	$40.5M	-$12.9M	$115.3M	$969.7M	-$73.7M	$919.6M	$902.6M	$677.7M	$604M	$818M	$643M	$575M	$642M	$516M
Net Income	+17.0%	+11.0%	+6.1%	—	$3.26B	$3.7B	$2.98B	$2.21B	$2.31B	$2.49B	$2.2B	$1.92B	$1.93B	$1.93B	$618M	$2.05B	$1.64B	$1.48B	$1.26B	$1.95B	$1.21B	$1.36B	$1.38B	$1.09B
Net Margin	—	—	—	—	—	16.9%	15.09%	11.66%	11.74%	14.82%	14.72%	12.34%	11.92%	12.51%	3.77%	12.47%	10%	9.99%	8.42%	12.87%	8.41%	10.08%	9.58%	8.16%
Net Income Attributable to Noncontrolling Interests	—	—	+36.4%	—	$114M	$116M	$9M	$5M	-$1.6M	$0	-$3.4M	-$1.3M	$7.5M	$16.3M	$7.1M	$5.2M	$4.2M	$3.7M	$3M	$3M	$4M	$5M	$5M	$6M
Net Income Available to Common Stockholders	+15.8%	+10.2%	+5.7%	—	$3.14B	$3.58B	$2.97B	$2.21B	$2.31B	$2.49B	$2.2B	$1.92B	$1.92B	$1.91B	$610.9M	$2.05B	$1.63B	$1.48B	$1.26B	$1.94B	$1.21B	$1.36B	$1.38B	$1.09B
Comprehensive Income	+17.9%	+9.8%	+6.0%	—	$3.2B	$3.62B	$3.02B	$2.07B	$2.21B	$2.76B	$2.26B	$1.89B	$1.9B	$2B	$581.7M	$2.02B	$1.65B	$1.7B	$1.39B	$1.86B	$1.21B	$1.44B	—	—
EPS (Basic) USD/shares	+14.1%	+8.6%	+4.9%	—	$5.83	$6.70	$5.60	$4.26	$4.51	$4.97	$4.44	$3.89	$3.90	$3.89	$1.24	$4.17	$3.34	$3.04	$2.60	$4.02	$2.53	$2.96	$3.43	$2.73
EPS (Diluted) USD/shares	+14.0%	+8.5%	+4.8%	$6.25 – $6.55*	$5.77	$6.66^G	$5.58^G	$4.24^G	$4.49^G	$4.96^G	$4.42^G	$3.88	$3.90	$3.88	$1.24	$4.17	$3.34	$3.04	$2.60	$4.02	$2.53	$2.96	$3.42	$2.72
Shares Outstanding (Basic Avg) shares	+1.5%	+1.5%	+0.9%	—	—	534.54M	530.09M	518.9M	511.84M	500.52M	495.72M	493.69M	492.77M	491.81M	491.5M	490.34M	488.59M	486.62M	484.68M	482.17M	479.37M	458.68M	402.08M	398.78M
Shares Outstanding (Diluted Avg) shares	+1.5%	+1.6%	+0.9%	—	—	537.47M	531.34M	520.21M	513.48M	501.78M	497.23M	495.31M	493.76M	492.61M	491.66M	490.57M	488.9M	487.04M	485.08M	482.46M	479.6M	458.98M	403.64M	400.2M

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $22.87B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Current operating lease liabilities	2026-06-30	USD 94,000,000	10-Q filed 2026-07-30
Long-term debt, including current maturities	2026-06-30	USD 50,808,000,000	10-Q filed 2026-07-30
Related accounting measures — not additional borrowing Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year. Current portion of long-term debt USD 2,821,000,000 Noncurrent debt carrying amount USD 47,987,000,000
Noncurrent operating lease liabilities	2026-06-30	USD 568,000,000	10-Q filed 2026-07-30
Short-term borrowings	2026-06-30	USD 2,028,000,000	10-Q filed 2026-07-30
Related accounting measures — not additional borrowing Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year. Short-term bank loans and notes payable USD 1,128,000,000

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

5.25×

Peer median 4.98×

EV/EBIT

22.83×

Peer median 22.44×

P/E (TTM common income)

22.13×

Peer median 20.48×

Peer medians compare against the 24 similar-size Utilities - Regulated Electric companies (of 33 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Vertically Integrated Utilities Segment	$12,819,000,000	$11,597,000,000	$11,450,000,000	$11,477,500,000	—	—	—	—
Transmission and Distribution Companies	$6,147,000,000	$5,908,000,000	$5,713,000,000	$5,512,000,000	$4,492,900,000	$4,345,900,000	$4,482,500,000	$4,653,100,000
Generation and Marketing	$2,762,000,000	$2,045,000,000	$1,632,000,000	$2,466,900,000	$2,163,700,000	$1,725,600,000	$1,857,600,000	$1,940,300,000
AEP Transmission Holdco	$2,377,000,000	$1,951,000,000	$1,729,000,000	$1,677,000,000	$1,526,200,000	$1,198,800,000	$1,073,200,000	$804,100,000
Transmission Operations	$2,377,000,000	$1,951,000,000	$1,729,000,000	$1,677,000,000	$1,526,200,000	$1,198,800,000	$1,073,200,000	$804,100,000
Vertically Integrated Utilities	—	—	$11,449,500,000	$11,477,500,000	$9,998,500,000	$8,879,400,000	$9,367,100,000	$9,645,500,000
All Other Segments	—	—	$168,000,000	$109,900,000	$72,200,000	$96,800,000	$95,800,000	$95,100,000
Corporate And Other	—	—	$168,000,000	$109,900,000	$72,200,000	—	—	—

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Retail	$16,000,000,000	$15,077,000,000	$14,947,000,000	$14,453,100,000	$12,157,600,000	$11,364,000,000	$11,851,900,000	$12,327,800,000
Electricity	$12,556,000,000	$11,414,000,000	$11,304,000,000	$11,292,800,000	$9,852,200,000	$8,753,200,000	$9,245,700,000	$9,556,700,000
Residential	$7,754,000,000	$7,318,000,000	$7,088,000,000	$6,995,900,000	$6,090,800,000	$5,693,700,000	$5,713,600,000	$5,941,200,000
Transmission and Distribution Utilities Revenues	$6,097,000,000	$5,880,000,000	$5,677,000,000	$5,489,600,000	$4,464,100,000	$4,238,700,000	$4,319,000,000	$4,552,300,000
Wholesale and Competitive	$5,220,000,000	$4,467,000,000	$4,080,000,000	$4,440,800,000	$4,014,500,000	$3,209,700,000	$3,444,200,000	$3,435,700,000
Commercial	$4,694,000,000	$4,298,000,000	$4,176,000,000	$3,941,700,000	$3,289,700,000	$3,064,800,000	$3,308,200,000	$3,435,100,000
Industrial	$3,250,000,000	$3,173,000,000	$3,389,000,000	$3,254,200,000	$2,562,600,000	$2,407,400,000	$2,607,200,000	$2,725,300,000
Generation and Marketing Revenues	$2,697,000,000	$1,945,000,000	$1,543,000,000	$2,448,900,000	$2,108,300,000	$1,621,000,000	$1,721,800,000	$1,818,100,000
Marketing Competitive Retail and Renewable	$2,397,000,000	$1,986,000,000	$1,755,000,000	$1,710,000,000	$1,672,400,000	$1,378,400,000	$1,345,100,000	$1,302,200,000
Wholesale Transmission	$1,603,000,000	$1,611,000,000	$1,477,000,000	$1,380,200,000	$1,178,300,000	$1,051,800,000	$979,400,000	$766,500,000
Wholesale Generation	$1,220,000,000	$851,000,000	$774,000,000	$1,229,500,000	$1,080,500,000	$720,200,000	$1,062,400,000	$1,316,200,000
Product And Service Other	$526,000,000	$482,000,000	$458,000,000	$408,200,000	—	—	—	—
Other Retail	$302,000,000	$288,000,000	$294,000,000	$261,300,000	$214,500,000	$198,100,000	$222,900,000	$226,200,000
Affiliated and Nonaffiliated	—	—	$19,454,800,000	$19,391,700,000	$16,523,000,000	$14,863,300,000	$15,612,800,000	$16,216,500,000
Alternative and Other	—	—	-$472,500,000	$247,800,000	$269,000,000	$55,200,000	-$51,400,000	-$20,800,000
Alternative	—	—	-$117,100,000	-$112,500,000	$41,400,000	-$6,300,000	-$113,100,000	-$45,800,000
Other Revenues Affiliated and Nonaffiliated	—	—	$429,100,000	$497,800,000	$350,900,000	$289,600,000	$316,700,000	$453,000,000
Other Revenues	—	—	-$355,400,000	$360,300,000	$227,600,000	$61,500,000	$61,700,000	$25,000,000
Renewable Generation	—	$19,000,000	$74,000,000	$121,100,000	$83,300,000	$59,300,000	$57,300,000	$50,800,000

Key facts CIK 4904 CUSIP 025537101 13F (30d) 451 filings 434 filers