NASDAQ · AEPUtilitiesElectric, Gas & Water Utilities

American Electric Power financials

$119.30+0.93%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
FY19
Dec 31
FY18
Dec 31
FY17
Dec 31
FY16
Dec 31
Revenue$21.88B$19.72B$18.98B$19.64B$16.79B$14.92B$15.56B$16.20B$15.42B$16.38B
Gross profit$14.85B$13.79B$12.40B$12.54B$11.33B$10.55B$10.46B$10.41B$10.11B$10.65B
Gross margin67.9%69.9%65.3%63.9%67.4%70.7%67.2%64.3%65.6%65.0%
Operating income$5.32B$4.30B$3.65B$3.69B$3.41B$2.99B$2.59B$2.68B$3.30B$1.16B
Net income$3.58B$2.97B$2.21B$2.31B$2.49B$2.20B$1.92B$1.92B$1.91B$610.9M
Net margin16.4%15.0%11.6%11.7%14.8%14.7%12.3%11.9%12.4%3.7%
Diluted EPS$6.66$5.58$4.24$4.49$4.96$4.42$3.88$3.90$3.88$1.24
EBITDA$8.87B$7.84B$6.92B$7.03B$6.18B$5.68B$5.36B$5.28B$5.57B$5.52B
Operating cash flow$6.94B$6.80B$5.01B$5.29B$3.84B$3.83B$4.27B$5.22B$4.27B$4.52B
Free cash flow-$5.09B-$1.37B-$2.65B-$2.69B-$1.92B-$2.48B-$1.87B-$1.13B-$1.53B-$495.7M
Diluted shares537.5M531.3M520.2M513.5M501.8M497.2M495.3M493.8M492.6M491.7M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$197.0M$203.0M$330.1M$509.4M$403.4M$392.7M
Short-term investments$220.0M$215.0M$214.3M$187.6M$220.4M$200.8M
Total debt$49.37B$45.62B$43.38B$41.25B$36.34B$33.82B
Total assets$114.46B$103.08B$96.68B$93.40B$87.67B$80.76B
Total liabilities$82.20B$76.05B$71.36B$69.23B$64.95B$59.94B
Shareholders' equity$32.22B$26.99B$25.29B$24.12B$22.68B$20.77B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology