AEP · American Electric Power Co Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $21.88B | $19.97B | $18.98B | $19.64B | $16.79B | $14.92B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $16.56B | $15.42B | $15.43B | $16.16B | $13.38B | $11.93B |
| D&A | $3.33B | $3.15B | $2.93B | $3.07B | $2.72B | $2.49B |
| Operating Income | $5.32B | $4.30B | $3.56B | $3.48B | $3.41B | $2.99B |
| Interest Expense | $2.03B | $1.86B | $1.81B | $1.40B | $1.20B | $1.17B |
| Income Tax | $129.00M | ($39.20M) | $54.60M | $5.40M | $115.50M | $40.50M |
| Net Income | $3.58B | $2.97B | $2.21B | $2.31B | $2.49B | $2.20B |
| EPS - Basic | $6.70 | $5.60 | $4.26 | $4.51 | $4.97 | $4.44 |
| EPS - Diluted | $6.66 | $5.58 | $4.24 | $4.49 | $4.96 | $4.42 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $197.00M | $202.90M | $330.10M | $509.40M | $403.40M | $392.70M |
| Accounts Receivable | $2.87B | $2.63B | $2.45B | $2.57B | $1.94B | $1.84B |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $3.43B | $2.64B | $2.03B | $2.61B | $2.05B | $1.71B |
| Current Assets | $6.05B | $5.79B | $6.08B | $9.42B | $7.81B | $4.35B |
| Total Assets | $114.46B | $103.08B | $96.68B | $93.47B | $87.67B | $80.76B |
| Current Liabilities | $13.31B | $13.01B | $11.58B | $14.57B | $12.43B | $9.93B |
| Long-term Debt | $44.13B | $39.31B | $37.65B | $33.63B | $31.30B | $28.99B |
| Total Liabilities | $82.20B | $76.05B | $71.36B | $69.30B | $64.95B | $59.94B |
| Stockholders' Equity | $31.14B | $26.94B | $25.25B | $23.89B | $22.43B | $20.55B |
| Retained Earnings | $15.44B | $13.87B | $12.80B | $12.35B | $11.67B | $10.69B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.94B | $6.80B | $5.01B | $5.29B | $3.84B | $3.83B |
| Investing Cash Flow | ($11.94B) | ($7.60B) | ($6.27B) | ($7.75B) | ($6.43B) | ($6.23B) |
| Financing Cash Flow | $5.02B | $659.20M | $1.08B | $2.57B | $2.61B | $2.41B |
| CapEx | $399.00M | - | - | - | - | $0 |
| Free Cash Flow | $6.54B | - | - | - | - | $3.83B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 24.3% | 21.6% | 18.7% | 17.7% | 20.3% | 20.0% |
| EBITDA margin | 39.5% | 37.3% | 34.2% | 33.4% | 36.5% | 36.7% |
| Net margin | 16.4% | 14.9% | 11.6% | 11.7% | 14.8% | 14.7% |
| Free cash flow margin | 29.9% | - | - | - | - | 25.7% |
| FCF / Net income | 1.83 | - | - | - | - | 1.74 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 3.5% | -1.3% | 2.4% | 0.2% | 4.4% | 1.8% |
| Return on assets | 3.1% | 2.9% | 2.3% | 2.5% | 2.8% | 2.7% |
| Return on equity | 11.5% | 11.0% | 8.7% | 9.7% | 11.1% | 10.7% |
| Return on invested capital | 6.8% | 6.5% | 5.5% | 6.0% | 6.1% | 5.9% |
| Liquidity | ||||||
| Current ratio | 0.45 | 0.44 | 0.53 | 0.65 | 0.63 | 0.44 |
| Quick ratio | 0.45 | 0.44 | 0.53 | 0.65 | 0.63 | 0.44 |
| Cash ratio | 0.01 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 |
| Leverage | ||||||
| Debt / Equity | 1.42 | 1.46 | 1.49 | 1.41 | 1.40 | 1.41 |
| Debt / Assets | 0.39 | 0.38 | 0.39 | 0.36 | 0.36 | 0.36 |
| Debt / EBITDA | 5.11 | 5.27 | 5.81 | 5.13 | 5.11 | 5.29 |
| Interest coverage | 2.6x | 2.3x | 2.0x | 2.5x | 2.8x | 2.6x |
| Equity multiplier | 3.68 | 3.83 | 3.83 | 3.91 | 3.91 | 3.93 |
| Liabilities / Assets | 0.72 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 |
| Efficiency | ||||||
| Asset turnover | 0.19 | 0.19 | 0.20 | 0.21 | 0.19 | 0.18 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 48d | 48d | 47d | 48d | 42d | 45d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 17.3x | 16.5x | 19.2x | 21.1x | 17.9x | 18.8x |
| P / B | 2.0x | 1.8x | 1.7x | 2.0x | 2.0x | 2.0x |
| P / S | 2.8x | 2.5x | 2.2x | 2.5x | 2.7x | 2.8x |
| EV / EBITDA | 12.3x | 11.8x | 12.3x | 12.5x | 12.3x | 12.8x |
| Growth | ||||||
| Revenue growth (YoY) | 9.5% | 5.2% | -3.3% | 17.0% | 12.6% | -4.1% |
| Revenue CAGR (3y) | 3.7% | 5.9% | 8.4% | 8.1% | 1.2% | -1.1% |
| Revenue CAGR (5y) | 8.0% | 5.1% | 3.2% | 4.9% | 0.5% | -1.9% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 23.6% | 21.0% | 2.1% | 2.1% | 14.2% | 15.3% |
| Net income growth (YoY) | 20.7% | 34.4% | -4.3% | -7.3% | 13.1% | 14.5% |
| EPS growth (YoY) | 19.4% | 31.6% | -5.6% | -9.5% | 12.2% | 13.9% |
| EPS CAGR (3y) | 14.0% | 4.0% | -1.4% | 5.0% | 8.3% | 4.4% |
| EPS CAGR (5y) | 8.5% | 7.5% | 1.7% | 3.0% | 32.0% | 1.2% |
| FCF growth (YoY) | - | - | - | - | - | 14.3% |
| FCF CAGR (5y) | 11.3% | - | - | - | - | -4.2% |
| Book value growth (YoY) | 15.6% | 6.7% | 5.7% | 6.5% | 9.2% | 4.7% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.56
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Electric Services
Comparing AMERICAN ELECTRIC POWER CO INC against the 5 most active filers in the same SIC group.
Dividends
$3.78/share trailing 12 months · +3.0% YoY
| Ex-date | Per share |
|---|---|
| May 8, 2026 | $0.9500 |
| Feb 10, 2026 | $0.9500 |
| Nov 10, 2025 | $0.9500 |
| Aug 8, 2025 | $0.9300 |
| May 9, 2025 | $0.9300 |
| Feb 10, 2025 | $0.9300 |
| Nov 8, 2024 | $0.9300 |
| Aug 9, 2024 | $0.8800 |
| May 9, 2024 | $0.8800 |
| Feb 8, 2024 | $0.8800 |
| Nov 9, 2023 | $0.8800 |
| Aug 9, 2023 | $0.8300 |
| May 9, 2023 | $0.8300 |
| Feb 9, 2023 | $0.8300 |
| Nov 9, 2022 | $0.8300 |
| Aug 9, 2022 | $0.7800 |
| May 9, 2022 | $0.7800 |
| Feb 9, 2022 | $0.7800 |
| Nov 9, 2021 | $0.7800 |
| Aug 9, 2021 | $0.7400 |
| May 7, 2021 | $0.7400 |
| Feb 9, 2021 | $0.7400 |
| Nov 9, 2020 | $0.7400 |
| Aug 7, 2020 | $0.7000 |