Revenue segments as reported by the company.

Vertically Integrated Utilities

Transmission & Distribution Utilities

AEP Transmission Holdco

Generation & Marketing

Corporate and Other

Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Maintenance and Other Operation

Asset Impairments and Other Related Charges

Depreciation and Amortization

Taxes Other Than Income Taxes

Loss on the Expected Sale of the Kentucky Operations

Gain on Sale of Mineral Rights

Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset

Loss on the Expected Sale of the Competitive Contracted Renewable Portfolio

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Electric Power Company

American Electric Power Co., Inc. engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation and Marketing. The Vertically Integrated Utilities segment covers the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The Transmission and Distribution Utilities segment represents the transmission and distribution of electricity for sale to retail and wholesale customers. The AEP Transmission Holdco segment comprised of the development, construction, and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and joint ventures. The Generation and Marketing segment consists of the non-regulated generation and marketing, risk management, and retail activities. The company was founded on December 20, 1906 and is headquartered in Columbus, OH.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

American Electric Power (AEP) reports strong earnings and strategic shifts

American Electric Power (AEP) delivered strong financial performance in Q4 2022, reaffirming 2023 guidance and showcasing operational resilience amidst industry challenges.
The company's strategic focus on clean energy transition, regulatory wins, and asset optimization positions it for sustainable growth and shareholder value creation.
Challenges related to deferred fuel balances and regulatory uncertainties require proactive management, while opportunities in portfolio optimization and financial strategy offer avenues for future growth.
AEP's commitment to financial stability, dividend growth, and environmental responsibility underscores its position as a leading utility company driving towards a sustainable energy future.

American Electric Power reports solid Q1 earnings amidst operational focus

AEP's Q1 2023 performance showed resilience despite weather challenges, with a focus on managing the portfolio and enhancing financial metrics. While facing challenges in closing the ROE gap and improving Kentucky operations, opportunities exist in seeking approvals for renewable sales and streamlining operations. The company remains committed to maintaining a healthy balance sheet and pursuing strategic divestments.

AEP meets Q2 earnings target, focuses on asset sales and ROE improvement

AEP's Q2 performance aligned with guidance, emphasizing strategic asset sales and renewables execution
Challenges include low ROE, weather impacts on ROE improvement, and regulatory monitoring
Opportunities lie in asset sales, debt ratio targets, and reinvestment of securitization proceeds
Overall, AEP remains focused on financial strength, stakeholder engagement, and regulatory alignment

American Electric Power reports strong Q3 earnings and growth opportunities

AEP's Q3 performance was strong, with narrowed full-year guidance and an increased dividend aligned with earnings growth.
The company is focusing on simplifying its business profile through asset sales and investing in regulated renewables projects.
Challenges include managing FFO to debt fluctuations, resolving fuel cost recovery paths, and optimizing O&M costs for customer benefit.

American Electric Power (AEP) reports robust earnings and growth outlook

AEP's Q4 2023 Earnings Call highlighted strong financial performance, reaffirmed earnings guidance, and emphasized strategic priorities and regulatory wins. The company faces challenges in regulatory changes but sees opportunities in data center expansion and transmission assets.

AEP reports robust Q1 earnings, focuses on growth and regulatory challenges

AEP's strong financial performance and strategic focus on growth and regulatory engagement position the company well for future opportunities. Challenges in grid modernization and regulatory compliance require proactive measures, while cost management remains a key priority.

AEP reports robust Q2 earnings, eyes growth amid regulatory challenges

AEP's strong financial performance, commitment to customer service, and strategic growth initiatives position the company for long-term success.
While facing regulatory and financial challenges, AEP's focus on operational excellence and growth opportunities underscores its resilience and adaptability.
By balancing strengths, challenges, and opportunities, AEP aims to navigate the evolving energy landscape and deliver value to stakeholders.

American Electric Power (AEP) reports solid Q3 earnings amidst strategic focus

AEP's Q3 2024 performance met expectations, with a strategic focus on growth and operational excellence driving long-term earnings growth.
While facing challenges in regulatory changes and strategic execution, AEP's strong financial position and customer-centric approach position it well for future opportunities.
Navigating uncertainties in dividend growth, federal policies, and operational complexities, AEP remains focused on sustainable growth and stakeholder value creation.
By capitalizing on strengths in operational efficiency and market resilience, AEP can address challenges and leverage opportunities for sustained financial performance.

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Cost of revenue

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EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

Receivables

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Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

COLUMBUS, Ohio , Oct. 8, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named utility industry veteran Joseph F. Moore IV senior vice president, Business Transformation, effective today.

AEP Names Joseph Moore Senior Vice President of Business Transformation to Drive Performance and Efficiency

AEP is poised to outperform the S&P with a 6%-7% annual earnings CAGR, driven by high load growth and strong ROEs, especially in Texas. AEP's substantial $43B capex by 2028 and customer commitments for 15GW of incremental load ensure visibility into long-term earnings growth. AEP offers a 3.5% dividend yield, lower volatility, and potential earnings multiple normalization, setting it up for superior returns compared to the S&P.

Load Growth To Drive Earnings At American Electric Power

COLUMBUS, Ohio , Sept. 30, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its distributed resources business, OnSite Partners, to funds advised by Basalt Infrastructure Partners LLC.

AEP Completes Sale of AEP OnSite Partners

Entergy

Investors with an interest in Utility - Electric Power stocks have likely encountered both Entergy (ETR) and American Electric Power (AEP). But which of these two stocks is more attractive to value investors?

ETR or AEP: Which Is the Better Value Stock Right Now?

Nvidia remains AWOL, but American Electric Power joins this prestigious list as AEP stock breaks out and ranks among the top dividend stocks.

Nvidia Still AWOL In List, But This Stock Sparks Electric Breakout

American Electric Power is an electric utility that has paid a quarterly dividend for 113 years. Currently, American Electric Power offers a forward dividend yield of 3.4%.

How Much Will American Electric Power Pay Out in Dividends This Year?

Carrier Global

Waste Management

American Electric Power can put a jolt in investors' passive income streams with its high-yield dividend. The growth transformation of the heating, ventilation, and air-conditioning company Carrier Global is almost complete.

These 3 Dividend Stocks Are Beating the S&P 500 and Nasdaq Composite in 2024, and They Could Still Have More Room to Run

COLUMBUS, Ohio , Sept. 3, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one of the nation's Top Utilities in Economic Development by Site Selection magazine.

AEP Recognized as a Top Utility in Economic Development

The company's changing CEO and the electrification of society, mainly due to the growth of data centers, are tailwinds. However, as a regulated utility, it will be hard to take advantage of the demand growth due to high capital expenditures. I estimate the company is reasonably priced at $100 per share using a discounted dividend model.

American Electric Power: A Reliable Dividend Play With Limited Upside

AEP (AEP) reported earnings 30 days ago. What's next for the stock?

AEP (AEP) Up 0.4% Since Last Earnings Report: Can It Continue?

American Electric is expected to benefit from its systematic investment plan and renewable portfolio expansion amid the impacts of an increased interest rate environment.

AEP Stock Rides on Investments Despite High Interest Rates

Operating company presidents and chief nuclear officer will report directly to AEP President and CEO Bill Fehrman Peggy Simmons appointed executive vice president of Regulatory and Chief Administrative Officer to lead safety, regulatory, procurement and sustainability functions in addition to customer operations and economic development efforts COLUMBUS, Ohio , Aug. 28, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced organizational changes to advance the company's focus on improving service for customers and to support better execution and engagement at the local level. The changes are effective Sept.

AEP Realigns Leadership Structure to Strengthen Customer Focus and Drive Execution

Starbucks

Starbucks needs to reestablish its identity. UPS is an excellent stock for dividend hunters but contains near-term risk.

All It Takes Is $1,000 Invested in Starbucks and Both of These 2 Dividend Stocks to Generate Over $110 in Passive Income Per Year

Here is how American Electric Power (AEP) and DTE Energy (DTE) have performed compared to their sector so far this year.

Is American Electric Power (AEP) Outperforming Other Utilities Stocks This Year?

American Electric Power's (AEP), Public Service Company of Oklahoma, selects EverCharge as their preferred EV charging partner American Electric Power's (AEP), Public Service Company of Oklahoma, selects EverCharge as their preferred EV charging partner

EverCharge and American Electric Power Announce New Collaboration

The rise of artificial intelligence is a major boon to regulated electric utilities. American Electric Power's operating revenue and operating EPS climbed higher in Q2. The electric utility's interest coverage ratio is healthy and the debt-to-capital ratio is holding steady.

American Electric Power: Buy This Underappreciated Dividend Growth Stock Now

Barrick Gold

Micron Technology

PulteGroup

With the Fed on course for an interest rate cut as early as fall stocks such as American Electric Power (AEP), Micron (MU), Barrick Gold (GOLD) and PulteGroup (PHM) stand to gain.

Fed Easing Cycle to Boost Stock Price of AEP, MU, GOLD, PHM

Ameren

Atmos Energy

California Water Service Group

Exelon

We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: ATO, AEE, AEP, CWT, EXC.

5 Utility Stocks to Buy for a Stable Portfolio Amid Volatility

PepsiCo

Restaurant Brands

Dividend investing remains popular for steady income and long-term growth.

Defensive Dividends, Oh My! 3 Top Income Picks to Buy Right Now

FirstEnergy

Utility stocks like American Electric Power Company, Inc. (AEP), FirstEnergy Corp. (FE) and Ameren Corporation (AEE) are a safe bet during times of market volatility.

3 Low-Beta Utility Stocks to Buy Amid Ongoing Market Volatility

Evergy Inc

The utility sector may be one to consider amid heightened market volatility and the potential resurgence of broader economic fears. This is especially true after Friday's jobs report showed the US labor force continued to cool while the unemployment rate rose to 4.3%, its highest peak since 2021.

3 Utility Stocks to Buy for Defensive Safety Amid Heightened Market Volatility

Does American Electric Power (AEP) have what it takes to be a top stock pick for momentum investors? Let's find out.

American Electric Power (AEP) is a Great Momentum Stock: Should You Buy?

COLUMBUS, Ohio , July 31, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named first in the utility industry on Forbes magazine's America's Best Employers for Women 2024 list. This is the fifth year in a row AEP was named to the list.

AEP Tops Utilities Industry on Forbes America's Best Employers for Women List

American Electric Power Company, Inc. (NASDAQ:AEP ) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR Ben Fowke - Interim President, Interim CEO & Director Peggy Simmons - EVP, Utilities Charles Zebula - EVP & CFO Conference Call Participants Shar Pourezza - Guggenheim Partners Jeremy Tonet - JPMorgan Steven Fleischman - Wolfe Research Carly Davenport - Goldman Sachs Andrew Wiesel - Scotiabank Durgesh Chopra - Evercore ISI Sophie Karp - KeyBanc Capital Markets William Appicelli - UBS Julian Smith - Jefferies Paul Patterson - Glenrock Operator Thank you for standing by. My name is JL and I'll be your conference operator today.

American Electric Power Company, Inc. (AEP) Q2 2024 Earnings Call Transcript

American Electric's (AEP) Q2 operating revenues of $4.73 billion beat the Zacks Consensus Estimate by 4.3%. The top line rises 5.6% from the year-ago quarter's level.

News for American Electric Power Company Stock (AEP)