American Electric Power Company, Inc. (AEP)

AEP Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	19,317	18,982	19,640	16,792	14,919	15,561
Revenue Growth (YoY)	-2.13%	-3.35%	16.96%	12.56%	-4.13%	-3.92%
Cost of Revenue	12,125	12,157	12,695	10,543	9,248	10,298
Gross Profit	7,192	6,825	6,944	6,249	5,671	5,263
Other Operating Expenses	3,168	3,269	3,462	2,837	2,683	2,671
Operating Expenses	3,168	3,269	3,462	2,837	2,683	2,671
Operating Income	4,024	3,556	3,483	3,411	2,988	2,592
Interest Expense / Income	1,827	1,807	1,396	1,199	1,166	1,073
Other Expense / Income	-519.3	-513.4	-226	-391.4	-418.6	-388.4
Pretax Income	2,717	2,263	2,313	2,604	2,241	1,908
Income Tax	-97.7	54.6	5.4	115.5	40.5	-12.9
Net Income	2,814	2,208	2,307	2,488	2,200	1,921
Net Income Growth	41.45%	-4.30%	-7.27%	13.09%	14.52%	-0.14%
Shares Outstanding (Basic)	527	519	512	501	496	494
Shares Outstanding (Diluted)	528	520	513	502	497	495
Shares Change	2.33%	1.31%	2.33%	0.92%	0.39%	0.31%
EPS (Basic)	5.39	4.26	4.51	4.97	4.44	3.89
EPS (Diluted)	5.36	4.24	4.49	4.96	4.42	3.88
EPS Growth	38.86%	-5.57%	-9.48%	12.22%	13.92%	-0.51%
Free Cash Flow	-1,322.8	-2,521.3	-2,591	-2,586.9	-2,413.4	-1,781.3
Free Cash Flow Per Share	-2.51	-4.86	-5.06	-5.17	-4.87	-3.61
Dividend Per Share	3.420	3.370	3.170	3.000	2.840	2.710
Dividend Growth	6.21%	6.31%	5.67%	5.63%	4.80%	7.11%
Gross Margin	37.23%	35.95%	35.36%	37.21%	38.01%	33.82%
Operating Margin	20.83%	18.73%	17.73%	20.32%	20.03%	16.66%
Profit Margin	14.57%	11.63%	11.75%	14.82%	14.75%	12.35%
Free Cash Flow Margin	-6.85%	-13.28%	-13.19%	-15.41%	-16.18%	-11.45%
Effective Tax Rate	-3.60%	2.41%	0.23%	4.44%	1.81%	-0.68%
EBITDA	7,645	7,160	6,912	6,764	6,226	5,632
EBITDA Margin	39.58%	37.72%	35.19%	40.28%	41.73%	36.19%
Depreciation & Amortization	3,102	3,090	3,203	2,961	2,819	2,651
EBIT	4,543	4,070	3,709	3,803	3,406	2,981
EBIT Margin	23.52%	21.44%	18.88%	22.65%	22.83%	19.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).