AEP - American Electric Power Co Inc Stock Price, Fair Value and News

90.60USD+0.73 (+0.81%)Market Closed

Market Summary

USD90.60+0.73

Market Closed

0.81%

AEP Alerts

Big jump in Earnings (Y/Y)

AEP Stock Price

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AEP RSI Chart

AEP Valuation

Market Cap

47.8B

Price/Earnings (Trailing)

16.95

Price/Sales (Trailing)

2.47

EV/EBITDA

19.21

Price/Free Cashflow

8.13

AEP Price/Sales (Trailing)

AEP Profitability

EBT Margin

13.76%

Return on Equity

10.9%

Return on Assets

2.88%

Free Cashflow Yield

12.3%

AEP Fundamentals

AEP Revenue

Revenue (TTM)

19.3B

Rev. Growth (Yr)

7.14%

Rev. Growth (Qtr)

9.8%

AEP Earnings

Earnings (TTM)

2.8B

Earnings Growth (Yr)

151.17%

Earnings Growth (Qtr)

197.72%

Breaking Down AEP Revenue

Last 7 days

2.8%

Last 30 days

7.5%

Last 90 days

19.3%

Trailing 12 Months

-0.5%

How does AEP drawdown profile look like?

AEP Financial Health

Current Ratio

0.54

Debt/Equity

1.5

Debt/Cashflow

0.15

AEP Investor Care

Dividend Yield

3.83%

Dividend/Share (TTM)

3.42

Shares Dilution (1Y)

2.40%

Diluted EPS (TTM)

5.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	19.3B	0	0	0
2023	19.7B	19.5B	19.3B	19.0B
2022	17.1B	17.9B	18.8B	19.6B
2021	15.5B	15.8B	16.3B	16.8B
2020	15.3B	15.2B	14.9B	14.9B
2019	16.2B	15.8B	15.7B	15.6B
2018	15.5B	16.0B	16.2B	16.2B
2017	16.3B	16.0B	15.4B	15.4B
2016	15.9B	16.0B	16.2B	16.4B
2015	16.5B	16.4B	16.7B	16.5B
2014	16.0B	16.3B	16.3B	16.4B
2013	15.1B	15.2B	15.2B	15.4B
2012	15.0B	15.0B	14.8B	14.9B
2011	14.6B	14.8B	15.1B	15.1B
2010	13.6B	13.8B	14.3B	14.4B
2009	14.4B	14.1B	13.4B	13.5B
2008	0	13.7B	14.1B	14.4B
2007	0	0	0	13.4B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of American Electric Power Co Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	zebula charles e	sold (taxes)	-61,264	88.15	-695	executive vp & cfo
May 01, 2024	smyth antonio p	sold (taxes)	-68,404	88.15	-776	executive vice president
May 01, 2024	simmons peggy	sold (taxes)	-8,991	88.15	-102	executive vice president
May 01, 2024	risch therace	sold (taxes)	-24,241	88.15	-275	executive vice president
May 01, 2024	feinberg david matthew	sold (taxes)	-70,608	88.15	-801	executive vice president
May 01, 2024	ulrich phillip r.	sold (taxes)	-10,489	88.15	-119	senior vice president
May 01, 2024	beam christian t	sold (taxes)	-11,900	88.15	-135	executive vice president
May 01, 2024	hall greg b	sold (taxes)	-10,930	88.15	-124	executive vice president
Apr 22, 2024	zebula charles e	acquired	2,254,240	84.9	26,551	executive vp & cfo
Mar 31, 2024	stoddard daniel g.	acquired	33,332	86.1	387	-

Which funds bought or sold AEP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	TCI Wealth Advisors, Inc.	new	-	212,754	212,754	0.02%
May 07, 2024	HYMAN CHARLES D	added	3.01	65,000	764,000	0.04%
May 07, 2024	Illinois Municipal Retirement Fund	reduced	-3.93	140,000	7,796,000	0.12%
May 07, 2024	Keudell/Morrison Wealth Management	added	11.84	58,440	373,330	0.11%
May 07, 2024	ASSETMARK, INC	added	12.39	1,382,780	8,605,330	0.03%
May 07, 2024	BRANDYWINE OAK PRIVATE WEALTH LLC	reduced	-0.61	63,415	1,246,450	0.13%
May 07, 2024	Avalon Trust Co	unchanged	-	3,524	62,165	-%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	added	12.05	811,512	5,132,340	0.03%
May 07, 2024	Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	reduced	-0.2	23,414	427,434	0.01%
May 07, 2024	Headlands Technologies LLC	sold off	-100	-309,692	-	-%

Are Funds Buying or Selling AEP?

Are funds buying AEP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AEP

No. of Funds

AEP Alerts

Big jump in Earnings (Y/Y)

Unveiling American Electric Power Co Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.36%	49,224,906	SC 13G/A
Feb 08, 2024	wellington management group llp	5.52%	28,431,544	SC 13G
Jan 30, 2024	state street corp	5.47%	28,190,434	SC 13G/A
Jan 25, 2024	blackrock inc.	8.6%	44,982,057	SC 13G/A
Feb 09, 2023	vanguard group inc	9.38%	48,176,777	SC 13G/A
Feb 06, 2023	state street corp	5.46%	28,082,231	SC 13G/A
Feb 03, 2023	blackrock inc.	8.4%	43,459,730	SC 13G/A
Mar 11, 2022	blackrock inc.	8.4%	42,180,106	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	1.6%	8,166,114	SC 13G/A
Feb 10, 2022	state street corp	5.07%	25,549,235	SC 13G/A

Recent SEC filings of American Electric Power Co Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	8-K	Current Report
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report

Peers (Alternatives to American Electric Power Co Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	6.21%	-12.74%	25.4K	3.5K	3.29%	8.78%
AEP	47.8B	19.3B	7.51%	-0.55%	16.95	2.47	-2.13%	41.75%
AWK	25.9B	4.3B	10.75%	-10.12%	27	6.01	10.78%	15.26%
AEE	19.8B	7.3B	1.19%	-16.47%	17.15	2.73	-10.88%	5.77%
ATO	18.2B	4.1B	3.64%	1.75%	18.2	4.48	-11.13%	20.48%
NRG	15.8B	28.5B	2.74%	142.27%	9.62	0.55	-9.05%	188.86%
AGR	14.1B	8.3B	1.56%	-10.69%	15.77	1.7	0.05%	30.98%
AES	13.8B	12.5B	5.85%	-12.35%	-2.1K	1.1	-3.77%	98.49%
MID-CAP
PNW	8.7B	4.7B	3.43%	-4.05%	16.14	1.85	4.84%	12.15%
ALE	3.6B	1.9B	3.92%	0.54%	14.64	1.92	19.68%	30.53%
AVA	2.9B	1.9B	6.15%	-15.06%	15.66	1.57	9.47%	35.66%
SMALL-CAP
CWCO	446.1M	180.2M	8.12%	64.80%	15	2.48	91.50%	388.02%
CDZI	158.3M	2.0M	-5.98%	-47.56%	-5.03	78.74	33.96%	-26.84%
VIA	35.4M	415.8M	1.11%	0.55%	1.49	0.09	-11.16%	525.10%
CREG	8.2M	-	-24.82%	-38.69%	-10.98	12.3	-88.45%	83.25%

American Electric Power Co Inc News

Latest updates

American Electric Power Co Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	9.8%	5,026	4,577	5,342	4,373	4,691	4,881	5,526	4,640	4,593	4,061	4,623	3,827	4,281	3,611	4,066	3,494	3,748	3,616	4,315	3,574	4,057
Operating Expenses	-2.5%	3,853	3,954	3,988	3,498	3,986	4,321	4,596	3,635	3,605	3,378	3,516	3,017	3,471	3,040	3,123	2,771	2,996	3,321	3,357	3,023	3,268
EBITDA Margin	9.7%	0.23*	0.21*	0.29*	0.26*	0.26*	0.28*	0.29*	0.32*	0.32*	0.32*	0.32*	0.33*	0.33*	0.33*	-	-	-	-	-	-	-
Interest Expenses	-5.5%	436	461	470	460	416	394	361	328	313	304	304	302	290	288	291	294	292	291	275	251	256
Income Taxes	-192.0%	-141	-48.60	64.00	29.00	10.00	-85.30	-16.10	54.00	53.00	-70.00	70.00	61.00	55.00	-17.40	-1.20	13.00	47.00	-43.60	41.00	-54.40	45.00
Earnings Before Taxes	187.8%	839	292	1,001	525	391	268	657	740	755	453	850	605	605	390	732	508	516	88.00	759	387	600
EBT Margin	18.2%	0.14*	0.12*	0.11*	0.09*	0.10*	0.12*	0.14*	0.16*	0.16*	0.15*	0.15*	0.15*	0.14*	0.14*	-	-	-	-	-	-	-
Net Income	197.7%	1,006	338	958	516	400	383	683	521	718	539	797	574	579	435	748	515	499	153	734	459	574
Net Income Margin	25.1%	0.15*	0.12*	0.12*	0.10*	0.10*	0.12*	0.13*	0.14*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	-	-	-	-	-	-	-
Free Cashflow	7.9%	1,435	1,330	3,794	-836	718	6.00	2,359	-631	2,280	1,502	1,154	1,284	-117	905	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.1%	97,745	96,684	95,126	96,002	94,518	93,403	91,249	90,861	89,831	87,669	86,337	84,358	82,985	80,757	78,689	77,805	77,724	75,892	73,901	72,550	70,722
Current Assets	-3.8%	5,850	6,082	6,737	8,041	7,798	6,776	9,320	9,371	8,268	4,984	5,785	4,606	4,258	4,352	4,338	4,273	5,292	4,078	4,166	4,061	3,915
Cash Equivalents	-30.1%	231	330	353	305	394	557	577	621	726	451	1,427	360	324	438	464	505	1,671	433	490	390	363
Net PPE	1.4%	77,796	76,693	75,821	74,681	73,347	73,339	69,813	68,708	67,878	68,304	66,691	65,665	64,696	63,902	62,786	61,927	61,049	60,138	58,693	57,203	55,969
Goodwill	0%	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00
Liabilities	0.7%	71,849	71,356	69,701	71,814	70,494	69,235	66,664	66,501	65,738	64,945	63,737	62,663	61,710	59,938	57,982	57,394	57,598	55,871	53,765	53,001	51,379
Current Liabilities	-5.8%	10,907	11,584	11,278	13,267	12,622	13,266	11,836	12,448	13,569	10,906	9,954	10,429	10,220	9,927	9,047	10,122	11,655	10,299	8,611	8,357	7,991
Short Term Borrowings	32.1%	3,738	2,830	2,730	3,868	3,622	4,112	2,702	2,130	3,380	2,614	2,504	3,128	3,048	2,479	2,397	3,077	4,464	2,838	2,510	2,277	1,858
Long Term Debt	2.6%	38,637	37,653	36,716	36,762	36,239	34,315	33,647	32,983	30,856	32,204	32,057	30,659	30,215	28,986	28,156	26,638	25,783	25,127	24,554	24,174	22,898
LT Debt, Current	-51.9%	1,199	2,491	2,774	3,380	2,905	2,486	1,404	2,477	3,008	2,354	2,522	2,459	2,130	2,086	1,912	2,138	2,110	1,599	1,328	1,257	1,529
LT Debt, Non Current	2.6%	38,637	37,653	36,716	36,762	36,239	34,315	33,647	32,983	30,856	32,204	32,057	30,659	30,215	28,986	28,156	26,638	25,783	25,127	24,554	24,174	22,898
Shareholder's Equity	2.2%	25,803	25,247	25,310	24,124	23,968	24,122	24,512	24,297	24,038	22,680	22,527	21,630	21,220	20,775	20,635	20,278	20,008	19,913	19,998	19,423	19,229
Retained Earnings	4.2%	13,338	12,800	12,930	12,406	12,314	12,346	12,390	12,109	11,985	11,667	11,523	11,099	10,893	10,688	10,621	10,222	10,039	9,901	10,095	9,694	9,566
Additional Paid-In Capital	0.2%	9,094	9,074	8,996	8,111	8,074	8,051	8,001	7,984	7,965	7,173	7,076	6,800	6,735	6,589	6,522	6,603	6,556	6,536	6,467	6,455	6,443
Accumulated Depreciation	2.0%	25,037	24,553	24,177	23,734	23,361	23,682	22,292	21,763	21,297	21,921	21,877	21,392	20,917	20,411	20,117	19,777	19,368	19,008	18,760	18,439	18,183
Shares Outstanding	1.5%	527	519	521	515	514	512	514	510	506	501	499	499	497	496	-	-	-	-	-	-	-
Minority Interest	3.1%	40.00	39.00	40.00	222	230	229	234	241	247	247	249	251	247	224	269	271	279	281	281	164	32.00
Float	-	-	-	-	44,305	-	-	-	49,300	-	42,651	-	-	-	39,550	-	-	-	43,492	-	-	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	7.9%	1,442	1,337	1,794	1,164	718	555	1,743	1,369	1,622	867	1,929	1,161	-117	911	1,176	1,131	616	920	1,549	993	808
Cashflow From Investing	-2.8%	-1,669	-1,623	-378	-2,020	-2,245	-1,929	-1,623	-1,305	-2,893	-1,527	-1,676	-1,595	-1,634	-1,526	-1,459	-1,481	-1,766	-1,786	-1,762	-2,012	-1,582
Cashflow From Financing	-49.8%	130	259	-1,359	814	1,364	1,354	-162	-167	1,545	-314	814	470	1,637	590	243	-815	2,389	810	314	1,046	694
Dividend Payments	115.3%	467	-3,054	430	432	432	-2,857	409	405	399	-2,642	376	375	372	369	351	341	364	348	334	335	334

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AEP Income Statement

2024-03-31

Consolidated Statements of Income - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenues

Revenue from Contracts with Customers

$ 5,025.7

$ 4,690.9

TOTAL REVENUES

5,025.7

4,690.9

Expenses

Other Operation

762.3

680.0

Maintenance

317.5

317.3

Depreciation and Amortization

787.1

775.5

Taxes Other Than Income Taxes

410.4

394.9

TOTAL EXPENSES

3,853.1

3,986.1

OPERATING INCOME (LOSS)

1,172.6

704.8

Other Income (Expense):

Other Income

13.6

14.7

Allowance for Equity Funds Used During Construction

43.6

31.3

Non-Service Cost Components of Net Periodic Benefit Cost

45.1

55.5

Interest Expense

(435.6)

(415.7)

INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS

839.3

390.6

Income Tax Expense (Benefit)

(141.9)

10.4

Equity Earnings (Loss) of Unconsolidated Subsidiaries

24.5

20.2

Net Income (Loss)

1,005.7

400.4

Net Income (Loss) Attributable to Noncontrolling Interests

2.6

3.4

Earnings Attributable to Common Shareholders

$ 1,003.1

$ 397.0

Earnings Per Share

Weighted Average Number of Basic AEP Common Shares Outstanding

526,552,036

514,176,648

Total Basic Earnings Per Share Attributable to AEP Common Shareholders

$ 1.91

$ 0.77

Weighted Average Number of Diluted AEP Common Shares Outstanding

527,596,395

515,598,090

Total Diluted Earnings Per Share Attributable to AEP Common Shareholders

$ 1.90

$ 0.77

Common Stock, Dividends Per Share, Declared

$ 0.88

$ 0.83

Cash Flow Hedges, Tax

$ (1.6)

$ (40.5)

Amortization of Pension and OPEB Deferred Costs, Tax

(0.2)

(4.3)

Competitive Contracted Renewable Portfolio

Expenses

Asset Impairments and Other Related Charges

0.0

112.0

Related Party

Revenues

Revenue from Contracts with Customers

0.0

Vertically Integrated Utilities [Member]

Revenues

Revenue from Contracts with Customers

2,901.2

2,816.3

Transmission and Distribution Utilities [Member]

Revenues

Revenue from Contracts with Customers

1,483.2

1,455.3

Generation and Marketing [Member]

Revenues

Revenue from Contracts with Customers

515.9

326.9

Other Revenues [Member]

Revenues

Revenue from Contracts with Customers

125.4

92.4

TOTAL REVENUES

(60.8)

^[1],[2]

(129.9)

^[3],[4]

Purchased Electricity, Fuel and Other Consumables Used for Electric Generation [Member]

Expenses

Cost of Goods and Services Sold

1,575.8

1,706.4

AEP Texas Inc. [Member]

Revenues

TOTAL REVENUES

466.4

429.5

Expenses

Other Operation

140.8

146.9

Maintenance

22.1

24.4

Depreciation and Amortization

116.7

111.0

Taxes Other Than Income Taxes

40.0

43.5

TOTAL EXPENSES

319.6

325.8

OPERATING INCOME (LOSS)

146.8

103.7

Other Income (Expense):

Interest Income

0.5

0.4

Allowance for Equity Funds Used During Construction

8.6

6.3

Non-Service Cost Components of Net Periodic Benefit Cost

3.7

4.8

Interest Expense

(61.5)

(56.9)

INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS

98.1

58.3

Income Tax Expense (Benefit)

18.4

10.7

Net Income (Loss)

79.7

47.6

Earnings Per Share

Cash Flow Hedges, Tax

1.0

0.0

Amortization of Pension and OPEB Deferred Costs, Tax

0.0

(0.1)

AEP Texas Inc. [Member] | Related Party

Revenues

Revenue from Contracts with Customers

1.3

1.2

AEP Texas Inc. [Member] | Transmission and Distribution Utilities [Member]

Revenues

Revenue from Contracts with Customers

463.0

427.7

AEP Texas Inc. [Member] | Other Revenues [Member]

Revenues

Revenue from Contracts with Customers

2.1

0.6

TOTAL REVENUES

0.0

^[5]

0.0

^[6]

AEP Transmission Co [Member]

Revenues

Provision for Refund Affiliated

(6.0)

(4.8)

Provision for Refund-Nonaffiliated

(1.4)

(1.0)

TOTAL REVENUES

482.8

441.6

Expenses

Other Operation

29.9

29.0

Maintenance

5.3

4.9

Depreciation and Amortization

105.9

95.2

Taxes Other Than Income Taxes

73.4

74.8

TOTAL EXPENSES

214.5

203.9

OPERATING INCOME (LOSS)

268.3

237.7

Other Income (Expense):

Interest Income

1.9

1.5

Allowance for Equity Funds Used During Construction

17.9

16.4

Interest Expense

(54.8)

(45.2)

INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS

233.3

210.4

Income Tax Expense (Benefit)

52.1

47.7

Net Income (Loss)

181.2

162.7

Earnings Per Share

Revenues from Related Parties, Net of Provisions for Refund

383.4

352.6

AEP Transmission Co [Member] | Related Party

Revenues

Revenue from Contracts with Customers

389.4

357.4

AEP Transmission Co [Member] | AEPTCo Parent [Member]

Revenues

Revenue from Contracts with Customers

0.0

TOTAL REVENUES

0.0

Other Income (Expense):

Net Income (Loss)

^[7]

(0.5)

1.1

AEP Transmission Co [Member] | AEPTCo Parent [Member] | Related Party

Revenues

Revenue from Contracts with Customers

0.0

AEP Transmission Co [Member] | State Transcos [Member]

Revenues

TOTAL REVENUES

482.8

441.6

Other Income (Expense):

Net Income (Loss)

181.7

161.6

AEP Transmission Co [Member] | State Transcos [Member] | Related Party

Revenues

Revenue from Contracts with Customers

383.4

352.6

AEP Transmission Co [Member] | Transmission [Member]

Revenues

Revenue from Contracts with Customers

98.4

90.0

Earnings Per Share

Revenue from Contract with Customers, Net of Provisions for Refund, Including Assessed Tax

97.0

89.0

AEP Transmission Co [Member] | Transmission [Member] | State Transcos [Member]

Revenues

Revenue from Contracts with Customers

97.0

89.0

AEP Transmission Co [Member] | Other Revenues [Member]

Revenues

Revenue from Contracts with Customers

2.4

0.0

TOTAL REVENUES

0.0

^[5]

0.0

^[6]

Earnings Per Share

Revenue from Contract with Customers, Net of Provisions for Refund, Including Assessed Tax

2.4

AEP Transmission Co [Member] | Other Revenues [Member] | AEPTCo Parent [Member]

Revenues

Revenue from Contracts with Customers

0.0

AEP Transmission Co [Member] | Other Revenues [Member] | State Transcos [Member]

Revenues

Revenue from Contracts with Customers

2.4

Appalachian Power Co [Member]

Revenues

TOTAL REVENUES

1,093.0

987.7

Expenses

Other Operation

212.6

191.8

Maintenance

80.0

73.1

Depreciation and Amortization

149.8

143.0

Taxes Other Than Income Taxes

46.0

41.8

TOTAL EXPENSES

885.2

789.4

OPERATING INCOME (LOSS)

207.8

198.3

Other Income (Expense):

Interest Income

0.8

0.6

Allowance for Equity Funds Used During Construction

2.9

2.4

Non-Service Cost Components of Net Periodic Benefit Cost

7.1

8.1

Interest Expense

(68.1)

(65.3)

INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS

150.5

144.1

Income Tax Expense (Benefit)

14.0

31.6

Net Income (Loss)

136.5

112.5

Earnings Per Share

Cash Flow Hedges, Tax

(0.1)

Amortization of Pension and OPEB Deferred Costs, Tax

(0.1)

(0.2)

Appalachian Power Co [Member] | Related Party

Revenues

Revenue from Contracts with Customers

63.1

69.6

Appalachian Power Co [Member] | Vertically Integrated Utilities [Member]

Revenues

Revenue from Contracts with Customers

1,024.3

914.5

Appalachian Power Co [Member] | Other Revenues [Member]

Revenues

Revenue from Contracts with Customers

5.6

3.6

TOTAL REVENUES

0.1

^[5]

0.0

^[6]

Appalachian Power Co [Member] | Fuel and Other Consumables Used for Electric Generation [Member]

Expenses

Cost of Goods and Services Sold

396.8

339.7

Indiana Michigan Power Co [Member]

Revenues

TOTAL REVENUES

667.4

663.0

Expenses

Purchased Electricity from AEP Affiliates

61.5

45.1

Other Operation

178.2

169.7

Maintenance

52.4

58.6

Depreciation and Amortization

108.3

125.2

Taxes Other Than Income Taxes

23.3

19.5

TOTAL EXPENSES

546.3

517.3

OPERATING INCOME (LOSS)

121.1

145.7

Other Income (Expense):

Other Income

3.2

0.6

Allowance for Equity Funds Used During Construction

3.3

0.5

Non-Service Cost Components of Net Periodic Benefit Cost

6.7

8.0

Interest Expense

(26.2)

(33.2)

INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS

104.8

121.1

Income Tax Expense (Benefit)

(40.2)

18.3

Net Income (Loss)

145.0

102.8

Earnings Per Share

Cash Flow Hedges, Tax

0.0

(0.2)

Amortization of Pension and OPEB Deferred Costs, Tax

0.0

(0.5)

Indiana Michigan Power Co [Member] | Related Party

AEP Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Current Assets

Cash and Cash Equivalents

$ 230.7

$ 330.1

Restricted Cash

51.1

48.9

Other Temporary Investments

217.0

214.3

Accounts Receivable:

Customers

1,000.0

1,029.9

Accrued Unbilled Revenues

220.9

179.5

Pledged Accounts Receivable - AEP Credit

1,206.8

1,249.4

Miscellaneous

47.2

48.7

Allowance for Uncollectible Accounts

(59.6)

(60.1)

Total Accounts Receivable

2,415.3

2,447.4

Fuel

749.9

853.7

Materials and Supplies

1,020.4

1,025.8

Risk Management Assets

152.7

217.5

Accrued Tax Benefits

89.4

156.2

Regulatory Asset for Under-Recovered Fuel Costs

550.3

514.0

Prepayments and Other Current Assets

372.8

274.2

TOTAL CURRENT ASSETS

5,849.6

6,082.1

Property, Plant and Equipment

Generation

24,404.1

24,329.5

Transmission

36,253.1

35,934.1

Distribution

29,476.3

28,989.9

Other Property, Plant and Equipment

6,557.2

6,484.9

Construction Work in Progress

6,142.1

5,508.0

Total Property, Plant and Equipment

102,832.8

101,246.4

Accumulated Depreciation and Amortization

25,036.8

24,553.0

TOTAL PROPERTY, PLANT AND EQUIPMENT - NET

77,796.0

76,693.4

Other Noncurrent Assets

Regulatory Assets

5,034.1

5,092.4

Securitized Assets

309.7

336.3

Spent Nuclear Fuel and Decommissioning Trusts

4,112.6

3,860.2

Goodwill

52.5

Long-term Risk Management Assets

314.4

321.2

Operating Lease Assets

603.0

620.2

Deferred Charges and Other Noncurrent Assets

3,672.7

3,625.7

TOTAL OTHER NONCURRENT ASSETS

14,099.0

13,908.5

TOTAL ASSETS

97,744.6

96,684.0

Current Liabilities

Accounts Payable

1,990.9

2,032.5

Short-term Debt:

Securitized Debt for Receivables - AEP Credit

^[1]

900.0

888.0

Other Short-term Debt

2,837.6

1,942.2

Total Short-term Debt

3,737.6

2,830.2

Long-term Debt Due Within One Year

1,198.6

2,490.5

Risk Management Liabilities

184.4

229.6

Customer Deposits

436.2

423.7

Accrued Taxes

1,675.6

1,800.1

Accrued Interest

507.3

410.2

Obligations Under Operating Leases

107.1

115.7

Other Current Liabilities

1,068.9

1,251.1

TOTAL CURRENT LIABILITIES

10,906.6

11,583.6

Noncurrent Liabilities

Long-term Debt

38,637.3

37,652.7

Deferred Income Tax Liabilities, Net

9,662.1

9,415.7

Long-term Risk Management Liabilities

279.5

241.8

Regulatory Liabilities and Deferred Investment Tax Credits

8,089.4

8,182.4

Asset Retirement Obligations

2,972.9

2,972.5

Employee Benefits and Pension Obligations

230.8

241.7

Obligations Under Operating Leases

509.3

519.4

Deferred Credits and Other Noncurrent Liabilities

561.4

545.8

TOTAL NONCURRENT LIABILITIES

60,942.7

59,772.0

TOTAL LIABILITIES

71,849.3

71,355.6

Rate Matters

Commitments and Contingencies

Contingently Reedemable Performance Share Awards

51.6

42.5

Total Mezzanine Equity

51.6

42.5

Equity

Common Stock

3,433.3

3,427.9

Paid-in Capital

9,094.3

9,073.9

Retained Earnings

13,338.0

12,800.4

Accumulated Other Comprehensive Income (Loss)

(62.3)

(55.5)

TOTAL COMMON SHAREHOLDER'S EQUITY

25,803.3

25,246.7

Noncontrolling Interests

40.4

39.2

TOTAL EQUITY

25,843.7

25,285.9

TOTAL LIABILITIES AND EQUITY

$ 97,744.6

$ 96,684.0

Common Stock, No Par Value

$ 6.50

Common Stock, Shares Authorized

600,000,000

Common Stock, Shares, Issued

528,199,306

527,369,157

Treasury Stock, Shares

1,184,572

Commodity [Member]

Equity

Cross Default Provisions Maximum Third Party Obligation Amount

$ 50.0

Subsidiaries [Member]

Current Assets

Restricted Cash

51.1

$ 48.9

Other Temporary Investments

206.1

205.0

Short-term Debt:

Long-term Debt Due Within One Year

201.5

207.2

Noncurrent Liabilities

Long-term Debt

528.9

556.3

AEP Texas Inc. [Member]

Current Assets

Cash and Cash Equivalents

0.1

Restricted Cash

42.7

34.0

Accounts Receivable:

Customers

167.8

176.5

Accrued Unbilled Revenues

85.2

82.3

Miscellaneous

0.7

0.8

Allowance for Uncollectible Accounts

(4.2)

(4.9)

Total Accounts Receivable

270.7

278.5

Materials and Supplies

194.0

190.4

Prepayments and Other Current Assets

10.6

10.0

TOTAL CURRENT ASSETS

525.1

520.1

Property, Plant and Equipment

Transmission

6,896.6

6,812.6

Distribution

5,903.8

5,798.8

Other Property, Plant and Equipment

1,148.8

1,145.9

Construction Work in Progress

1,062.7

904.6

Total Property, Plant and Equipment

15,011.9

14,661.9

Accumulated Depreciation and Amortization

1,932.5

1,887.9

TOTAL PROPERTY, PLANT AND EQUIPMENT - NET

13,079.4

12,774.0

Other Noncurrent Assets

Regulatory Assets

317.4

315.3

Securitized Assets

183.1

202.9

Deferred Charges and Other Noncurrent Assets

262.5

178.4

TOTAL OTHER NONCURRENT ASSETS

763.0

696.6

TOTAL ASSETS

14,367.5

13,990.7

Current Liabilities

Accounts Payable

253.5

192.3

Short-term Debt:

Long-term Debt Due Within One Year

96.2

96.0

Accrued Taxes

139.5

99.1

Accrued Interest

81.5

49.2

Obligations Under Operating Leases

24.7

28.7

Other Current Liabilities

147.7

152.7

TOTAL CURRENT LIABILITIES

1,041.9

749.4

Noncurrent Liabilities

Long-term Debt

5,782.5

5,793.8

Deferred Income Tax Liabilities, Net

1,238.7

1,227.8

Regulatory Liabilities and Deferred Investment Tax Credits

1,261.2

1,261.4

Obligations Under Operating Leases

50.1

50.9

Deferred Credits and Other Noncurrent Liabilities

113.4

111.3

TOTAL NONCURRENT LIABILITIES

8,445.9

8,445.2

TOTAL LIABILITIES

9,487.8

9,194.6

Rate Matters

Commitments and Contingencies

Equity

Paid-in Capital

2,079.6

Retained Earnings

2,804.8

2,725.1

Accumulated Other Comprehensive Income (Loss)

(4.7)

(8.6)

TOTAL EQUITY

4,879.7

4,796.1

TOTAL LIABILITIES AND EQUITY

14,367.5

13,990.7

AEP Texas Inc. [Member] | Related Party

Current Assets

Advances to Affiliates

7.0

7.1

Accounts Receivable:

Affiliated Companies - Contracts with Customers

21.2

23.8

Current Liabilities

Accounts Payable

30.9

27.7

AEP Texas Inc. [Member] | AEP Texas Transition Funding and Restoration Funding [Member]

Current Assets

Restricted Cash

42.7

34.0

Other Noncurrent Assets

Securitized Assets

183.1

202.9

Short-term Debt:

Long-term Debt Due Within One Year

96.2

95.9

Accrued Interest

1.7

2.0

Noncurrent Liabilities

Long-term Debt

114.0

125.9

AEP Transmission Co [Member]

Current Assets

Cash and Cash Equivalents

0.0

Accounts Receivable:

Customers

80.6

82.2

Total Accounts Receivable

211.7

207.7

Prepayments and Other Current Assets

11.2

4.0

TOTAL CURRENT ASSETS

520.9

278.8

Property, Plant and Equipment

Transmission

13,832.4

13,723.9

Other Property, Plant and Equipment

503.5

501.4

Construction Work in Progress

1,805.0

1,563.7

Total Property, Plant and Equipment

16,140.9

15,789.0

Accumulated Depreciation and Amortization

1,362.7

1,291.3

TOTAL PROPERTY, PLANT AND EQUIPMENT - NET

14,778.2

14,497.7

Other Noncurrent Assets

Regulatory Assets

2.4

3.1

Deferred Property Taxes

250.1

286.4

Deferred Charges and Other Noncurrent Assets

7.4

6.5

TOTAL OTHER NONCURRENT ASSETS

259.9

296.0

TOTAL ASSETS

15,559.0

15,072.5

Current Liabilities

Accounts Payable

289.6

274.7

Short-term Debt:

Long-term Debt Due Within One Year

145.0

95.0

Accrued Taxes

505.3

568.6

Accrued Interest

56.8

39.6

Obligations Under Operating Leases

1.3

Other Current Liabilities

20.4

24.7

TOTAL CURRENT LIABILITIES

1,167.9

1,286.1

Noncurrent Liabilities

Long-term Debt

5,715.7

5,319.4

Deferred Income Tax Liabilities, Net

1,175.4

1,147.7

Regulatory Liabilities and Deferred Investment Tax Credits

809.4

783.7

Obligations Under Operating Leases

1.2

1.4

Deferred Credits and Other Noncurrent Liabilities

189.9

200.9

TOTAL NONCURRENT LIABILITIES

7,891.6

7,453.1

TOTAL LIABILITIES

9,059.5

8,739.2

Rate Matters

Commitments and Contingencies

Equity

Paid-in Captial

3,068.4

3,043.4

Retained Earnings

3,431.1

3,289.9

TOTAL MEMBER'S EQUITY

6,499.5

6,333.3

TOTAL LIABILITIES AND EQUITY

15,559.0

15,072.5

AEP Transmission Co [Member] | Related Party

Current Assets

Advances to Affiliates

298.0

67.1

Accounts Receivable:

Affiliated Companies - Contracts with Customers

131.1

125.5

Current Liabilities

Accounts Payable

120.7

107.9

Appalachian Power Co [Member]

Current Assets

Cash and Cash Equivalents

7.6

5.0

Restricted Cash

8.4

14.9

Accounts Receivable:

Customers

191.1

170.3

Accrued Unbilled Revenues

59.8

70.8

Miscellaneous

0.5

0.6

Allowance for Uncollectible Accounts

(2.3)

(2.0)

Total Accounts Receivable

350.0

338.5

Fuel

293.6

315.0

Materials and Supplies

139.8

148.4

Risk Management Assets

8.7

22.4

Regulatory Asset for Under-Recovered Fuel Costs

148.4

155.4

Prepayments and Other Current Assets

25.9

40.5

TOTAL CURRENT ASSETS

1,019.8

1,059.0

Property, Plant and Equipment

Generation

7,065.3

7,041.3

Transmission

4,747.5

4,711.8

Distribution

5,238.5

5,176.6

Other Property, Plant and Equipment

1,023.1

981.3

Construction Work in Progress

754.5

709.2

Total Property, Plant and Equipment

18,828.9

18,620.2

Accumulated Depreciation and Amortization

5,776.0

5,688.7

TOTAL PROPERTY, PLANT AND EQUIPMENT - NET

13,052.9

12,931.5

Other Noncurrent Assets

Regulatory Assets

1,107.4

1,155.1

Securitized Assets

126.7

133.4

Employee Benefits and Pension Assets

176.3

171.7

Operating Lease Assets

72.0

73.7

Deferred Charges and Other Noncurrent Assets

197.3

187.5

TOTAL OTHER NONCURRENT ASSETS

1,679.7

1,721.4

TOTAL ASSETS

15,752.4

15,711.9

Current Liabilities

Accounts Payable

286.7

280.4

Short-term Debt:

Long-term Debt Due Within One Year

153.3

538.8

Risk Management Liabilities

18.4

15.9

Customer Deposits

81.4

80.0

Accrued Taxes

146.9

117.6

Accrued Interest

83.0

58.9

Obligations Under Operating Leases

14.3

14.6

Other Current Liabilities

132.3

118.8

TOTAL CURRENT LIABILITIES

1,023.3

1,685.9

Noncurrent Liabilities

Long-term Debt

5,517.6

5,049.5

Deferred Income Tax Liabilities, Net

2,019.8

2,011.9

Regulatory Liabilities and Deferred Investment Tax Credits

1,082.5

1,081.9

Asset Retirement Obligations

441.5

442.5

Employee Benefits and Pension Obligations

31.6

32.8

Obligations Under Operating Leases

58.3

59.8

Deferred Credits and Other Noncurrent Liabilities

65.1

70.9

TOTAL NONCURRENT LIABILITIES

9,216.4

8,749.3

TOTAL LIABILITIES

10,239.7

10,435.2

Rate Matters

Commitments and Contingencies

Equity

Common Stock

260.4

Paid-in Capital

1,934.5

1,834.5

Retained Earnings

3,322.0

3,185.5

Accumulated Other Comprehensive Income (Loss)

(4.2)

(3.7)

TOTAL EQUITY

5,512.7

5,276.7

TOTAL LIABILITIES AND EQUITY

$ 15,752.4

$ 15,711.9

Common Stock, No Par Value

$ 0

Common Stock, Shares Authorized

30,000,000

Common Stock, Shares, Outstanding

13,499,500

Appalachian Power Co [Member] | Related Party

Current Assets

Advances to Affiliates

$ 37.4

$ 18.9

About American Electric Power Co Inc

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.

CEO	Ms. Julia A. Sloat
WEBSITE	aep.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	16974

American Electric Power Co Inc Frequently Asked Questions

What is the ticker symbol for American Electric Power Co Inc? What does AEP stand for in stocks?

AEP is the stock ticker symbol of American Electric Power Co Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of American Electric Power Co Inc (AEP)?

As of Wed May 08 2024, market cap of American Electric Power Co Inc is 47.76 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AEP stock?

You can check AEP's fair value in chart for subscribers.

What is the fair value of AEP stock?

You can check AEP's fair value in chart for subscribers. The fair value of American Electric Power Co Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of American Electric Power Co Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AEP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is American Electric Power Co Inc a good stock to buy?

The fair value guage provides a quick view whether AEP is over valued or under valued. Whether American Electric Power Co Inc is cheap or expensive depends on the assumptions which impact American Electric Power Co Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AEP.

What is American Electric Power Co Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AEP's PE ratio (Price to Earnings) is 16.95 and Price to Sales (PS) ratio is 2.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AEP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on American Electric Power Co Inc's stock?

In the past 10 years, American Electric Power Co Inc has provided 0.089 (multiply by 100 for percentage) rate of return.