American Electric PowerAEPEarnings & Financial Report
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, nuclear, hydro, solar, wind, and other energy sou...
AEP Q4 FY2025 Key Financial Metrics
Revenue
$5.1B
Gross Profit
N/A
Operating Profit
$1.1B
Net Profit
$605.2M
Gross Margin
N/A
Operating Margin
22.1%
Net Margin
12.0%
YoY Growth
6.2%
EPS
$1.06
American Electric Power Q4 FY2025 Financial Summary
American Electric Power reported revenue of $5.1B (up 6.2% YoY) for Q4 FY2025, with a net profit of $605.2M (down 9.1% YoY) (12.0% margin).
Key Financial Metrics
| Total Revenue | $5.1B |
|---|---|
| Net Profit | $605.2M |
| Gross Margin | N/A |
| Operating Margin | 22.1% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
American Electric Power Q4 FY2025 revenue of $5.1B breaks down across 10 segments, led by Transmissionand Distribution Utilities Revenues at $1.5B (28.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transmissionand Distribution Utilities Revenues | $1.5B | 28.9% |
| Electric Generation Transmission Distribution Revenues | $956.6M | 18.9% |
| Electricity Transmission And Distribution Revenues | $931.8M | 18.4% |
| Industrial | $685.8M | 13.6% |
| Marketing Competitive Retailand Renewable | $438.3M | 8.7% |
| Wholesale Generation | $231.1M | 4.6% |
| Wholesale Transmission | $113.6M | 2.2% |
| Other | $110.2M | 2.2% |
| Electric Transmission | $103.4M | 2.0% |
| Other Retail | $60.1M | 1.2% |
American Electric Power Revenue by Segment — Quarterly Trend
American Electric Power revenue by segment across the last 4 reported quarters, showing how each business line (such as Transmissionand Distribution Utilities Revenues and Electric Generation Transmission Distribution Revenues) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Transmissionand Distribution Utilities Revenues | $1.5B | $1.7B | $1.4B | — |
| Electric Generation Transmission Distribution Revenues | $956.6M | $981.7M | $876.2M | $1.1B |
| Electricity Transmission And Distribution Revenues | $931.8M | — | — | $990.2M |
| Industrial | $685.8M | $709.8M | $704.6M | $617.8M |
| Marketing Competitive Retailand Renewable | $438.3M | $648.0M | — | $838.1M |
American Electric Power Annual Revenue by Year
American Electric Power annual revenue history includes year-by-year totals (for example, 2025 revenue was $21.7B).
American Electric Power Quarterly Revenue & Net Profit History
American Electric Power results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $5.1B | +6.2% | $605.2M | 12.0% |
| Q3 FY2025 | $6.0B | +9.0% | $1.0B | 16.8% |
| Q2 FY2025 | $5.1B | +8.5% | $1.3B | 25.5% |
| Q1 FY2025 | $5.6B | +10.7% | $802.2M | 14.2% |
| Q4 FY2024 | $4.8B | +3.9% | $665.9M | 14.0% |
| Q3 FY2024 | $5.5B | +2.4% | $961.7M | 17.6% |
| Q2 FY2024 | $4.7B | +6.5% | $342.5M | 7.4% |
| Q1 FY2024 | $5.1B | +8.4% | $1.0B | 19.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.08B | $4.66B | $5.47B | $4.76B | $5.63B | $5.06B | $5.96B | $5.05B |
| YoY Growth | 8.4% | 6.5% | 2.4% | 3.9% | 10.7% | 8.5% | 9.0% | 6.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $97.74B | $99.62B | $100.12B | $103.08B | $104.39B | $107.78B | $110.25B | $114.46B |
| Liabilities | $71.85B | $73.39B | $73.39B | $76.05B | $76.98B | $76.76B | $78.71B | $82.20B |
| Equity | $25.80B | $26.14B | $26.62B | $26.94B | $27.32B | $29.87B | $30.39B | $31.14B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.44B | $1.46B | $2.17B | $1.73B | $1.45B | $1.22B | $2.46B | $1.81B |