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American Electric Power (AEP)

Nasdaq Utilities Electric Utilities S&P 500Nasdaq-100
$126.53
-0.24 (-0.19%)
Close of Nov 06, 2026 · end-of-day data
Source: American Electric Power's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$16.38B$15.42B$16.20B$15.56B$14.92B$16.79B$19.39B$19.46B$19.97B$21.70B
Cost of revenue——————$7.10B$6.58B$5.94B$7.03B
Gross profit——————$12.29B$12.88B$14.03B$14.67B
Operating income$1.16B$3.52B$2.68B$2.59B$2.99B$3.41B$3.48B$3.56B$4.30B$5.32B
Interest expense$877.20M$895.00M$984.40M$1.07B$1.17B$1.20B$1.40B$1.81B$1.86B$2.03B
Pre-tax income$546.80M$2.90B$2.04B$1.90B$2.23B$2.60B$2.31B$2.27B$2.94B$3.83B
Income tax-$73.70M$969.70M$115.30M-$12.90M$40.50M$115.50M$5.40M$55.00M-$39.00M$129.00M
Net income$610.90M$1.91B$1.92B$1.92B$2.20B$2.49B$2.31B$2.21B$2.97B$3.58B
EBITDA$2.85B$5.23B$4.65B$4.80B$5.48B$6.13B$6.56B$6.48B$7.45B$8.64B
EPS (basic)$1.24$3.89$3.90$3.89$4.44$4.97$4.51$4.26$5.60$6.70
EPS (diluted)$1.24$3.88$3.90$3.88$4.42$4.96$4.49$4.24$5.58$6.66
Diluted shares491.66M492.61M493.76M495.31M497.23M501.78M513.48M520.21M531.34M537.47M
Gross margin——————63.4%66.2%70.3%67.6%
Operating margin7.1%22.9%16.6%16.7%20.0%20.3%18.0%18.3%21.6%24.5%
Net margin3.7%12.4%11.9%12.3%14.7%14.8%11.9%11.3%14.9%16.5%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$210.50M$214.60M$234.10M$246.80M$392.70M$403.40M$509.40M$330.10M$203.00M$197.00M
Short-term investments$138.70M$161.70M$159.10M$202.70M$200.80M$220.40M$187.60M$214.30M$215.00M$220.00M
Receivables$1.92B$1.89B$1.93B$1.71B$1.84B$1.97B$2.67B$2.45B$2.63B$2.87B
Total current assets$6.03B$4.25B$4.11B$4.08B$4.35B$4.98B$6.78B$6.08B$5.79B$6.05B
Goodwill$52.50M$52.50M$52.50M$52.50M$52.50M$52.50M$52.50M$52.50M$53.00M$53.00M
Total assets$63.47B$64.73B$68.80B$75.89B$80.76B$87.67B$93.40B$96.68B$103.08B$114.46B
Total current liabilities$9.50B$8.27B$8.65B$10.30B$9.93B$10.91B$13.27B$11.58B$13.01B$13.31B
Short-term debt$2.88B$1.75B$1.70B$1.60B$2.09B$2.35B$2.49B$2.49B$3.33B$3.19B
Long-term debt$17.38B$19.42B$21.65B$25.13B$28.99B$32.20B$34.31B$37.65B$39.31B$44.13B
Total debt$20.26B$21.17B$23.35B$26.73B$31.07B$34.56B$36.80B$40.14B$42.64B$47.32B
Total liabilities$46.05B$46.40B$49.63B$55.87B$59.94B$64.95B$69.23B$71.36B$76.05B$82.20B
Shareholders' equity$17.40B$18.29B$19.03B$19.63B$20.55B$22.43B$23.89B$25.25B$26.94B$31.14B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$4.52B$4.27B$5.22B$4.27B$3.83B$3.84B$5.29B$5.01B$6.80B$6.94B
Capital expenditures$107.90M$0$0$918.40M$0——$155.00M$399.00M$3.45B
Free cash flow$4.41B$4.27B$5.22B$3.35B$3.83B$3.84B$5.29B$4.86B$6.41B$3.49B
Investing cash flow-$4.99B-$3.66B-$6.35B-$7.14B-$6.23B-$6.43B-$7.75B-$6.27B-$7.60B-$11.94B
Financing cash flow$503.90M-$604.90M$1.16B$2.86B$2.41B$2.61B$2.57B$1.08B$659.00M$5.02B
Dividends paid$1.12B$1.19B$1.26B$1.35B$1.42B-$1.52B$1.65B$1.75B$1.90B$2.01B
Stock-based compensation——————$63.30M$51.00M$53.00M$53.00M
Depreciation & amortization$1.69B$1.71B$1.97B$2.20B$2.49B$2.72B$3.07B$2.93B$3.15B$3.33B

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.