American Electric Power Company, Inc. (AEP) Financial Statements
Historical financial data — 40 statements covering FY2016–FY2025
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 state...
American Electric Power Company, Inc.'s revenue increased 10.9% year over year, from $19.72B to $21.88B.
Net income increased 26.1% over the same period, from $2.48B to $3.12B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 34% in total.
Total debt increased by 9.1% to $45.64B.
The debt-to-equity ratio stands at 1.47, indicating a elevated leverage profile.
Operating cash flow grew 2.1% to $6.94B.
American Electric Power Company, Inc. maintains a healthy net profit margin of 14.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $5.42B+18.4% | $966.5M | $4.86B | $1.35B | $2.17B | $100.12B | $40.81B | $26.62B |
| Q4 FY2024 | $4.70B-13.4% | $166.6M | $-9.10B | $1.10B | $1.73B | $103.08B | $41.83B | $26.94B |
| Q1 FY2025 | $5.46B+16.3% | $625.7M | $1.28B | $1.28B | $1.45B | $104.39B | $42.16B | $27.32B |
| Q2 FY2025 | $5.09B-6.9% | $1.14B | $1.40B | $1.40B | $1.22B | $107.78B | $42.81B | $29.87B |
| Q3 FY2025 | $6.01B+18.2% | $833.7M | $1.52B | $1.52B | $2.46B | $110.25B | $45.40B | $30.39B |
| Q4 FY2025 | $5.32B-11.6% | $528.5M | $1.11B | $1.11B | $1.81B | $114.46B | $45.64B | $31.14B |
| Q1 FY2026 | $6.02B+13.3% | $610.0M | $1.36B | $1.36B | $1.52B | N/A | N/A | N/A |
| Q2 FY2026 | $5.45B-9.6% | $408.0M | $1.25B | $1.25B | $1.90B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
American Electric Power Company, Inc. (AEP) Financial Statements & Revenue History
American Electric Power Company, Inc. (AEP) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry trading at $127.14 with a market capitalization of $69. This page provides 40 historical financial statements for American Electric Power Company, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, American Electric Power Company, Inc. reported revenue of $21.9 billion, representing 10.9% year-over-year growth. The net profit margin of 14.3% indicates moderate profitability. The debt-to-equity ratio of 1.47 indicates elevated leverage.
AEP Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows American Electric Power Company, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether AEP is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track AEP's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently American Electric Power Company, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of AEP's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use AEP Financial Data
Investors use American Electric Power Company, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare AEP's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how AEP's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View AEP's financial health score, earnings, and pre-market pricing.
Financial data is sourced from American Electric Power Company, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.AEP trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

