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American Electric Power

American Electric PowerAEPEarnings & Financial Report

Nasdaq · Utilities · Regulated Electric

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...

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

Revenue

$4.8B

Gross Profit

N/A

Operating Profit

$1.1B

Net Profit

$665.9M

Gross Margin

N/A

Operating Margin

23.0%

Net Margin

14.0%

YoY Growth

3.9%

EPS

$1.24

American Electric Power Q4 FY2024 Financial Summary

American Electric Power reported revenue of $4.8B (up 3.9% YoY) for Q4 FY2024, with a net profit of $665.9M (up 97.1% YoY) (14.0% margin).

Key Financial Metrics

Total Revenue$4.8B
Net Profit$665.9M
Gross MarginN/A
Operating Margin23.0%
Report PeriodQ4 FY2024

Revenue Breakdown

American Electric Power Q4 FY2024 revenue of $4.8B breaks down across 11 segments, led by Transmission And Distribution Companies at $1.4B (29.6% of total).

SegmentRevenue% of Total
Transmission And Distribution Companies$1.4B29.6%
Industrial$666.5M14.0%
Commercial$660.4M13.9%
Generation And Marketing Revenues$502.6M10.6%
Marketing Competitive Retailand Renewable$494.3M10.4%
Transmission Operations$451.1M9.5%
Related Party$178.6M3.8%
Wholesale Generation$160.4M3.4%
Wholesale Transmission$111.8M2.4%
Electric Transmission$101.9M2.1%
Other Retail$56.6M1.2%

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 Transmission And Distribution Companies and Industrial) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Industrial$685.8M$709.8M$704.6M$617.8M
Commercial—$861.7M$749.5M$665.2M
Generation And Marketing Revenues—$693.8M$551.0M$730.6M
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).

YearAnnual Revenue
2025$21.7B
2024$20.0B
2023$19.0B
2022$19.6B

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.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$5.1B+6.2%$605.2M12.0%
Q3 FY2025$6.0B+9.0%$1.0B16.8%
Q2 FY2025$5.1B+8.5%$1.3B25.5%
Q1 FY2025$5.6B+10.7%$802.2M14.2%
Q4 FY2024$4.8B+3.9%$665.9M14.0%
Q3 FY2024$5.5B+2.4%$961.7M17.6%
Q2 FY2024$4.7B+6.5%$342.5M7.4%
Q1 FY2024$5.1B+8.4%$1.0B19.8%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$5.08B$4.66B$5.47B$4.76B$5.63B$5.06B$5.96B$5.05B
YoY Growth8.4%6.5%2.4%3.9%10.7%8.5%9.0%6.2%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 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 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$1.44B$1.46B$2.17B$1.73B$1.45B$1.22B$2.46B$1.81B