American Electric Power Company, Inc. (AEP)
NASDAQ: AEP · Real-Time Price · USD
120.94
-4.76 (-3.79%)
At close: Aug 21, 2026, 4:00 PM EDT
121.02
+0.08 (0.07%)
After-hours: Aug 21, 2026, 7:55 PM EDT

AEP Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
22,79121,87619,72118,98219,64016,792
Revenue Growth
10.28%10.93%3.89%-3.35%16.96%12.56%
Net Income
3,1413,5802,9672,2082,3072,488
Earnings Per Share
5.776.665.584.244.494.96
EPS Growth
-15.33%19.36%31.60%-5.57%-9.48%12.22%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Vertically Integrated Utilities
13,22612,81911,59711,45011,4789,999
Transmission & Distribution Utilities
6,3626,1475,9085,7135,5124,493
AEP Transmission Holdco
2,2862,3771,9511,7291,6671,526
Generation & Marketing
3,1102,7622,0451,6322,4672,164
Corporate & Other
130.9144183.1168109.972.2
Revenue (Total)
22,79121,87619,72118,98219,64016,792

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
603417418544.4697623.8
Total Debt
53,52549,69245,99843,92241,93837,160
Net Cash (Debt)
-52,922-49,275-45,580-43,377-41,241-36,536
Net Cash Growth
------
Net Cash Per Share
-97.26-91.68-85.78-83.38-80.31-72.81

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
7,6946,9446,8045,0125,2883,840
Capital Expenditures
-13,584-12,036-8,170-7,661-7,980-6,531
Free Cash Flow
-5,890-5,092-1,366-2,649-2,692-2,691
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pretax Margin
15.82%17.48%14.89%11.95%11.77%15.51%
Profit Margin
13.78%16.36%15.04%11.63%11.75%14.82%
FCF Margin
-25.84%-23.28%-6.93%-13.96%-13.71%-16.03%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.8003.7403.5703.3703.1703.000
Dividend Per Share Growth
2.15%4.76%5.93%6.31%5.67%5.63%
Dividend Yield
3.14%3.32%4.10%4.57%3.83%4.00%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
20.9517.2016.5619.3421.1518.01
Forward PE
18.2518.6916.1314.5117.9918.06
PS Ratio
2.892.822.492.252.482.67