American Electric Power Company, Inc. (AEP)
NASDAQ: AEP · Real-Time Price · USD
127.85
+0.07 (0.05%)
At close: Jul 31, 2026, 4:00 PM EDT
128.16
+0.31 (0.24%)
After-hours: Jul 31, 2026, 7:34 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%
Gross Profit
10,56410,3969,3338,3178,4147,656
Operating Income
5,2435,3194,3043,5563,4833,411
Net Income
1,5543,5802,9672,2082,3072,488
Earnings Per Share
2.856.625.584.244.494.96
EPS Growth
-58.26%18.62%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
675488461593.3744.1671.8
Total Debt
53,49849,50845,76343,60941,57936,659
Net Cash (Debt)
-52,823-49,020-45,302-43,015-40,835-35,987
Net Cash Growth
------
Net Cash Per Share
-97.04-90.63-85.27-82.69-79.52-71.72

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
3,4216,9446,8045,0125,2883,840
Capital Expenditures
-10,175-8,583-7,771-7,506-6,772-5,764
Free Cash Flow
-6,754-1,639-967-2,494-1,484-1,924
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
Gross Margin
46.35%47.52%47.33%43.82%42.84%45.59%
Operating Margin
23.00%24.31%21.82%18.73%17.73%20.32%
Pretax Margin
15.40%17.02%14.42%11.64%12.32%14.96%
Profit Margin
13.86%16.43%14.61%11.35%12.30%14.27%
FCF Margin
-29.63%-7.49%-4.90%-13.14%-7.56%-11.46%

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
2.97%3.22%3.88%4.16%3.39%3.41%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.1517.4216.5319.1621.1517.94
Forward PE
19.4318.6916.1314.5117.9918.06
PS Ratio
3.052.852.492.252.482.67