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    American Electric Power Company Inc (AEP)

    Financials

    Updated May 6, 2025, 3:16 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    TOTAL REVENUES (USD, millions)4,577.2018,982.35,025.74,579.205,420.10(13,134.10)1,890.95,463.4
    Other Operation (USD, millions)-2,810.5762.3817.30805.80(2,248.00)137.4752.4
    Maintenance (USD, millions)-1,276.3317.5351.50343.70(991.80)20.9318.5
    Depreciation and Amortization (USD, millions)-3,090.4787.1821.90852.70(2,030.80)430.9833.4
    Taxes Other Than Income Taxes (USD, millions)-1,492.3410.4393.60407.20(902.50)308.7422.0
    TOTAL EXPENSES (USD, millions)-15,426.13,853.13,895.304,068.60(10,919.10)897.94,179.2
    OPERATING INCOME (USD, millions)-3,556.21,172.6683.901,351.50(2,215.00)993.01,284.2
    Allowance for Equity Funds Used During Construction (USD, millions)-174.943.655.2054.20(63.60)89.457.3
    Interest Expense (USD, millions)-(1,806.9)(435.6)(465.60)(498.80)1,185.80(214.2)(494.9)
    Income Tax Expense (USD, millions)-54.6(141.9)6.7037.50288.00190.3125.5
    NET INCOME (USD, millions)337.802,212.61,005.7342.50961.70(1,621.50)688.4802.2
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and Cash Equivalents (USD, millions)2.12.17.64.09.63.93.9256.8
    Restricted Cash for Securitized Funding (USD, millions)--8.415.9-16.216.235.2
    Accounts Receivable Customers (USD, millions)66.966.9191.1189.183.0185.7185.71,119.3
    Accrued Unbilled Revenues (USD, millions)0.20.259.871.2-93.193.1252.9
    Accounts Receivable Miscellaneous (USD, millions)8.28.20.50.38.70.30.352.4
    Allowance for Credit Losses (USD, millions)(0.1)(0.1)(2.3)(2.0)-(2.0)(2.0)(62.9)
    Total Accounts Receivable (USD, millions)140.3140.3350.0372.2214.3387.6387.62,618.0
    Fuel (USD, millions)88.188.1293.6282.4-308.0308.0620.3
    Materials and Supplies (USD, millions)208.2208.2139.8135.6150.1131.7131.7961.9
    Risk Management Assets (USD, millions)27.827.88.767.7-35.735.7309.4
    Regulatory Asset for Under-Recovered Fuel Costs (USD, millions)14.814.8148.4150.3-148.1148.1537.4
    Prepayments and Other Current Assets (USD, millions)46.746.725.947.426.246.046.0324.6
    TOTAL CURRENT ASSETS (USD, millions)528.0528.01,019.81,118.0497.61,094.91,094.95,936.9
    Electric Generation (USD, millions)5,646.85,646.87,065.37,192.8-7,272.67,272.624,871.2
    Electric Transmission (USD, millions)1,906.41,906.44,747.54,860.23,529.95,001.55,001.539,375.6
    Electric Distribution (USD, millions)3,254.03,254.05,238.55,324.37,143.35,568.55,568.531,590.0
    Other Property, Plant and Equipment (USD, millions)898.5898.51,023.11,044.81,192.61,062.91,062.97,502.7
    Construction Work in Progress (USD, millions)301.7301.7754.5703.5768.7742.6742.66,835.4
    Total Property, Plant and Equipment (USD, millions)12,007.412,007.418,828.919,125.612,634.519,648.119,648.1110,174.9
    Accumulated Depreciation and Amortization (USD, millions)4,378.44,378.4(5,776.0)(5,872.0)(2,855.5)(6,035.6)(6,035.6)26,612.2
    TOTAL PROPERTY, PLANT AND EQUIPMENT – NET (USD, millions)7,629.07,629.013,052.913,253.69,779.013,612.513,612.583,562.7
    Regulatory Assets (USD, millions)406.3406.31,107.41,324.9394.91,366.01,366.05,133.6
    Securitized Assets (USD, millions)--126.7119.8-106.2106.2537.5
    Operating Lease Assets (USD, millions)53.853.872.068.962.567.067.0578.8
    Deferred Charges and Other Noncurrent Assets (USD, millions)330.7330.7197.3179.1336.1215.4215.44,036.8
    TOTAL OTHER NONCURRENT ASSETS (USD, millions)4,651.04,651.01,679.71,872.9793.51,958.51,958.514,895.0
    TOTAL ASSETS (USD, millions)12,808.012,808.015,752.416,244.511,070.116,665.916,665.9104,394.6
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Income (USD, millions)333.302,208.11,005.7342.50961.70(1,918.50)391.4802.2
    Depreciation and Amortization (USD, millions)(2,308.90)0.5787.1821.90852.70(1,980.60)481.1833.4
    Change in Other Noncurrent Assets (USD, millions)368.40(28.4)(74.5)(56.50)(113.00)227.10(16.9)(130.9)
    Change in Other Noncurrent Liabilities (USD, millions)113.8092.361.8128.103.90(153.80)40.0141.5
    Net Cash Flows from Operating Activities (USD, millions)(3,147.20)528.51,442.21,462.002,172.70(4,208.00)868.91,450.0
    Construction Expenditures (USD, millions)5,766.30(0.8)(1,761.7)(1,556.60)(1,850.30)4,585.60(583.0)(2,100.2)
    Purchases of Investment Securities (USD, millions)--(590.0)(600.10)(1,207.90)(504.40)(2,902.4)(602.7)
    Sales of Investment Securities (USD, millions)--572.5584.601,186.40507.702,851.2586.5
    Acquisitions of Nuclear Fuel (USD, millions)--(33.7)(36.10)(28.60)(41.50)(139.9)(35.8)
    Other Investing Activities (USD, millions)--29.627.8015.60(66.60)6.450.2
    Net Cash Flows Used for Investing Activities (USD, millions)3,580.00(1,063.5)(1,669.3)(1,580.40)(1,519.80)4,001.80(767.7)(2,102.0)
    Principal Payments for Finance Lease Obligations (USD, millions)--(17.0)(18.80)(15.40)44.10(7.1)(12.5)
    Dividends Paid on Common Stock (USD, millions)(458.50)(1,752.3)(466.9)(469.10)(471.40)1,257.40(150.0)(501.0)
    Other Financing Activities (USD, millions)16.30(59.6)(31.9)(3.40)(15.10)51.100.7(18.7)
    Deferred Income Taxes (USD, millions)59.759.7(113.3)(56.1)89.5(117.0)(117.0)165.2
    Allowance for Equity Funds Used During Construction (USD, millions)--(43.6)(98.8)(153.0)(13.3)(13.3)(57.3)
    Mark-to-Market of Risk Management Contracts (USD, millions)--40.9(75.0)(97.6)19.819.8(14.8)
    Deferred Fuel Over/Under-Recovery, Net (USD, millions)--43.4120.0304.6(8.7)(8.7)(74.5)
    Accounts Receivable, Net (USD, millions)28.728.734.9(209.3)(131.8)(23.1)(23.1)(1.5)
    Fuel, Materials and Supplies (USD, millions)--104.3111.3188.50.70.7138.6
    Accounts Payable (USD, millions)(15.9)(15.9)(99.5)77.014.2(45.3)(45.3)6.2
    Accrued Taxes, Net (USD, millions)--(57.7)(301.3)(532.3)(2.5)(2.5)(153.4)
    Other Current Assets (USD, millions)(3.6)(3.6)(91.3)(144.0)(139.2)1.51.5(23.6)
    Other Current Liabilities (USD, millions)(14.5)(14.5)(66.8)108.6161.832.332.3(92.7)
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Vertically Integrated Utilities2,56611,303.72,947.92,619.03,303.02,726.711,596.63,137.8
    - External Customers---27.26.0-11,414.03,085.5
    - Other Operating Segments---30.532.1-182.652.3
    Transmission and Distribution1,328.75,677.21,490.21,435.91,575.41,406.25,907.71,526.5
    AEP Transmission Holdco--497.3489.9512.5451.11,950.8542.1
    Generation & Marketing318.21,543.3563.5467.5499.1515.32,045.4746.9
    Corporate and Other338.8458.152.857.738.134.5183.144.6
    Reconciling Adjustments---526.0-490.8-508.0-437.5-1,962.3-534.5
    Retail Revenues--3,810.44,867.26,465.0-6515,077.63,948.7
    - Residential Revenues--1,916.12,161.32,568.0672.27,317.62,091.3
    - Commercial Revenues--1,042.11,294.91,553.0408.84,298.81,046.9
    - Industrial Revenues--783.01,299.92,141.0-1,050.63,173.3740.7
    - Other Retail Revenues--69.2111.1203.0-95.4287.969.8
    Wholesale and Competitive Retail--1,162.8626.8550.02,126.64,466.21,566.8
    - Generation Revenues--263.4384.9--851.0356.0
    - Transmission Revenues--368.8241.9--1,611.0389.1
    - Renewable Generation Revenues--4.90.0--18.8-
    - Retail, Trading and Marketing--525.70.0--1,985.4821.7
    Other Revenues from Contracts--111.8107.1--425.9116.1
    Other Revenues---59.3-34.2---248.4-168.2
    Total Revenue4,577.218,982.35,025.74,579.25,420.14,696.319,721.35,463.4
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    AEP Texas----571.2--$523.0
    AEPTCo----497.2--$527.1
    APCo----1,028.9--$1,172.9
    I&M----733.5--$722.2
    OPCo----1,004.2--$1,003.5
    PSO----615.4--$394.0
    SWEPCo----638.8--$531.1
    Total Revenue--5,025.7-5,420.1--$5,463.4
    KPIs - Metric (Unit, Scale)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019 (Western Region)Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Generating capacity for KPCo RFP (MW)-1,3001,3001,3001,300---
    Generating capacity for PSO RFP (MW)-1,5001,5001,5001,500---
    Generating capacity for SWEPCo RFP (MW)-2,1002,1002,1002,100---
    Generating capacity for APCo RFP (MW)-8001,1001,1001,100---
    Generating capacity for I&M RFP (MW)-2,5052,505-4,000---
    Total generating capacity for significant RFPs (MW)-8,2057,4056,00010,000---
    KWh retail sales for Transmission and Distribution Utilities (million KWh)-83,83421,26322,80824,815---
    KWh total sales for Vertically Integrated Utilities (million KWh)-103,54926,88225,24928,602---
    KWh total retail sales for PSO (million KWh)--------
    KWh total sales for I&M (million KWh)-22,7196,1555,4336,218---
    Heating degree days for Transmission and Distribution Utilities (degree days)--------
    Cooling degree days for Transmission and Distribution Utilities (degree days)-1,003146422608---