AEP Chart
About

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, nuclear, natural gas, renewable, hydro, solar, wind, and other energy sources; owns, operates, maintains, and invests in transmission infrastructure; and engages in the retail supply, and wholesale energy trading and marketing businesses. It operates approximately 252,000 circuit miles of distribution lines; 38,000 circuit miles of transmission lines; and 25,000 MWs of regulated owned generating capacity. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

Fundamentals
Scroll to Statements
Sector Utilities Industry Utilities - Regulated El Market Cap 71.60B
Enterprise Value 121.76B Income 3.58B Sales 21.88B
Book/sh 57.57 Cash/sh 0.77 Dividend Yield 288.00%
Payout 56.16% Employees 17581 IPO —
P/E 19.91 Forward P/E 19.41 PEG —
P/S 3.27 P/B 2.30 P/C —
EV/EBITDA 13.59 EV/Sales 5.57 Quick Ratio 0.25
Current Ratio 0.46 Debt/Eq 154.24 LT Debt/Eq —
EPS (ttm) 6.65 EPS next Y 6.82 EPS Growth -13.40%
Revenue Growth 13.20% Earnings 2026-05-06 ROA 3.17%
ROE 12.49% ROIC — Gross Margin 47.52%
Oper. Margin 22.84% Profit Margin 16.36% Shs Outstand 540.86M
Shs Float 540.04M Short Float 3.44% Short Ratio 5.50
Short Interest — 52W High 132.78 52W Low 97.46
Beta 0.62 Avg Volume 3.41M Volume 2.71M
Target Price $133.03 Recom Buy Prev Close $132.03
Price $132.39 Change 0.27%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$133.03
Mean price target
2. Current target
$132.39
Latest analyst target
3. DCF / Fair value
$-171.07
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$132.39
Low
$115.00
High
$150.00
Mean
$133.03

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-20 main TD Cowen Buy → Buy $141
2026-02-17 main BMO Capital Market Perform → Market Perform $136
2026-02-13 main Wells Fargo Overweight → Overweight $141
2026-02-13 main Mizuho Neutral → Neutral $130
2026-02-13 up Wolfe Research Peer Perform → Outperform $142
2026-01-22 main Barclays Equal-Weight → Equal-Weight $121
2026-01-20 main Wells Fargo Overweight → Overweight $140
2026-01-12 down B of A Securities Buy → Neutral $122
2025-12-17 main UBS Sell → Sell $107
2025-12-12 main JP Morgan Neutral → Neutral $125
2025-11-17 up Jefferies Hold → Buy $137
2025-10-31 main Citigroup Neutral → Neutral $132
2025-10-30 main Scotiabank Sector Perform → Sector Perform $121
2025-10-30 main Morgan Stanley Overweight → Overweight $130
2025-10-30 main Evercore ISI Group Outperform → Outperform $137
2025-10-30 main Wells Fargo Overweight → Overweight $139
2025-10-30 main Mizuho Neutral → Neutral $123
2025-10-30 down BMO Capital Outperform → Market Perform $126
2025-10-28 init Wells Fargo — → Overweight $132
2025-10-22 main Morgan Stanley Overweight → Overweight $123
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 346 39897 — Stock Award(Grant) at price 115.31 per share. STODDARD DANIEL G. Director — 2025-12-31 00:00:00 D
1 5000 575350 — Sale at price 115.07 per share. FOWKE BENJAMIN G S III Director — 2025-12-12 00:00:00 D
2 5000 607900 — Sale at price 121.58 per share. FOWKE BENJAMIN G S III Director — 2025-11-14 00:00:00 D
3 5000 587600 — Sale at price 117.52 per share. FOWKE BENJAMIN G S III Director — 2025-10-10 00:00:00 D
4 1006 112672 — Sale at price 112.00 per share. FERNEAU KELLY J. Officer — 2025-10-02 00:00:00 D
5 355 39938 — Stock Award(Grant) at price 112.50 per share. STODDARD DANIEL G. Director — 2025-09-30 00:00:00 D
6 5000 543250 — Sale at price 108.65 per share. FOWKE BENJAMIN G S III Director — 2025-09-12 00:00:00 D
7 5000 559950 — Sale at price 111.99 per share. FOWKE BENJAMIN G S III Director — 2025-08-15 00:00:00 D
8 3428 383902 — Sale at price 111.99 per share. FERNEAU KELLY J. Officer — 2025-08-15 00:00:00 D
9 1815 199940 — Stock Award(Grant) at price 110.16 per share. TUCKER SARA MARTINEZ Director — 2025-07-22 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems6.09M14.28M-96.00K-361.65K
TaxRateForCalcs0.030.210.020.00
NormalizedEBITDA9.06B8.03B7.21B7.26B
TotalUnusualItems179.00M68.00M-4.00M-162.10M
TotalUnusualItemsExcludingGoodwill179.00M68.00M-4.00M-162.10M
NetIncomeFromContinuingOperationNetMinorityInterest3.58B2.97B2.21B2.31B
ReconciledDepreciation3.49B3.39B3.19B3.29B
ReconciledCostOfRevenue8.42B7.16B7.76B8.26B
EBITDA9.24B8.10B7.20B7.10B
EBIT5.75B4.71B4.02B3.82B
NetInterestIncome-2.03B-1.86B-1.81B-1.40B
InterestExpense2.03B1.86B1.81B1.40B
NormalizedIncome3.41B2.91B2.21B2.47B
NetIncomeFromContinuingAndDiscontinuedOperation3.58B2.97B2.21B2.31B
TotalExpenses16.49B15.27B15.25B15.86B
TotalOperatingIncomeAsReported5.32B4.30B3.56B3.48B
DilutedAverageShares537.47M531.34M520.21M513.48M
BasicAverageShares534.54M530.09M518.90M511.84M
DilutedEPS6.665.584.244.49
BasicEPS6.705.604.264.51
DilutedNIAvailtoComStockholders3.58B2.97B2.21B2.31B
NetIncomeCommonStockholders3.58B2.97B2.21B2.31B
NetIncome3.58B2.97B2.21B2.31B
MinorityInterests-116.00M-9.00M-5.00M1.60M
NetIncomeIncludingNoncontrollingInterests3.70B2.98B2.21B2.31B
NetIncomeContinuousOperations3.70B2.98B2.21B2.31B
EarningsFromEquityInterestNetOfTax101.00M94.00M59.00M-109.40M
TaxProvision129.00M-39.00M55.00M5.40M
PretaxIncome3.72B2.84B2.21B2.42B
OtherIncomeExpense365.00M259.00M281.00M38.00M
OtherNonOperatingIncomeExpenses186.00M191.00M285.00M200.10M
SpecialIncomeCharges179.00M68.00M89.00M-162.10M
GainOnSaleOfPPE0.000.00116.30M0.00
GainOnSaleOfBusiness0.000.00-363.30M0.00
OtherSpecialCharges-245.00M-211.00M-175.00M-133.70M
WriteOff66.00M143.00M86.00M48.80M
ImpairmentOfCapitalAssets11.60M
GainOnSaleOfSecurity-93.00M
NetNonOperatingInterestIncomeExpense-2.03B-1.86B-1.81B-1.40B
InterestExpenseNonOperating2.03B1.86B1.81B1.40B
OperatingIncome5.38B4.45B3.73B3.78B
OperatingExpense7.96B8.01B7.39B7.51B
OtherOperatingExpenses2.95B3.13B2.81B2.84B
OtherTaxes1.63B1.60B1.49B1.47B
DepreciationAmortizationDepletionIncomeStatement3.38B3.29B3.09B3.20B
DepreciationAndAmortizationInIncomeStatement3.38B3.29B3.09B3.20B
GrossProfit13.35B12.46B11.13B11.29B
CostOfRevenue8.53B7.26B7.85B8.35B
TotalRevenue21.88B19.72B18.98B19.64B
OperatingRevenue21.35B19.24B18.52B19.23B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber1.19M1.19M1.18M11.23M
OrdinarySharesNumber540.86M532.91M526.18M513.87M
ShareIssued542.05M534.09M527.37M525.10M
NetDebt48.63B44.96B42.64B40.40B
TotalDebt49.51B45.76B43.61B41.58B
TangibleBookValue31.09B26.89B25.19B23.84B
InvestedCapital79.97B72.11B68.22B64.81B
WorkingCapital-7.26B-7.22B-5.50B-6.49B
NetTangibleAssets31.09B26.89B25.19B23.84B
CapitalLeaseObligations678.00M596.00M635.10M666.10M
CommonStockEquity31.14B26.94B25.25B23.89B
TotalCapitalization75.27B66.25B62.90B58.21B
TotalEquityGrossMinorityInterest32.22B26.99B25.29B24.12B
MinorityInterest1.08B42.00M39.20M229.00M
StockholdersEquity31.14B26.94B25.25B23.89B
GainsLossesNotAffectingRetainedEarnings36.00M-3.00M-55.50M83.70M
OtherEquityAdjustments36.00M-3.00M-55.50M83.70M
RetainedEarnings15.44B13.87B12.80B12.35B
AdditionalPaidInCapital12.14B9.61B9.07B8.05B
CapitalStock3.52B3.47B3.43B3.41B
CommonStock3.52B3.47B3.43B3.41B
TotalLiabilitiesNetMinorityInterest82.24B76.09B71.40B69.28B
TotalNonCurrentLiabilitiesNetMinorityInterest68.93B63.08B59.81B56.01B
OtherNonCurrentLiabilities905.00M801.00M545.80M607.30M
PreferredSecuritiesOutsideStockEquity38.00M38.00M42.50M45.90M
DerivativeProductLiabilities178.00M224.00M241.80M345.20M
EmployeeBenefits232.00M361.00M241.70M257.30M
NonCurrentPensionAndOtherPostretirementBenefitPlans232.00M361.00M241.70M257.30M
NonCurrentDeferredLiabilities10.95B9.97B9.42B8.90B
NonCurrentDeferredTaxesLiabilities10.95B9.97B9.42B8.90B
LongTermDebtAndCapitalLeaseObligation44.71B39.81B38.17B34.87B
LongTermCapitalLeaseObligation578.00M504.00M519.40M552.50M
LongTermDebt44.13B39.31B37.65B34.31B
LongTermProvisions3.56B3.53B2.97B2.88B
CurrentLiabilities13.31B13.01B11.58B13.27B
OtherCurrentLiabilities2.03B1.59B1.48B1.42B
CurrentDeferredLiabilities507.00M455.00M423.70M408.80M
CurrentDeferredRevenue507.00M455.00M423.70M408.80M
CurrentDebtAndCapitalLeaseObligation4.80B5.95B5.44B6.71B
CurrentCapitalLeaseObligation100.00M92.00M115.70M113.60M
CurrentDebt4.70B5.86B5.32B6.60B
OtherCurrentBorrowings4.09B4.24B3.38B3.24B
LineOfCredit0.00500.00M
CommercialPaper605.00M1.62B1.94B2.86B
CurrentNotesPayable3.00M6.00M4.30M0.00
PayablesAndAccruedExpenses5.97B5.01B4.24B4.72B
CurrentAccruedExpenses544.00M453.00M410.20M336.50M
InterestPayable544.00M453.00M410.20M336.50M
Payables5.43B4.56B3.83B4.39B
TotalTaxPayable2.00B1.92B1.80B1.71B
AccountsPayable3.43B2.64B2.03B2.67B
TotalAssets114.46B103.08B96.68B93.40B
TotalNonCurrentAssets108.41B97.29B90.60B86.63B
OtherNonCurrentAssets4.40B3.87B3.63B3.76B
NonCurrentDeferredAssets4.40B
FinancialAssets265.00M289.00M321.20M284.10M
InvestmentsAndAdvances5.85B4.95B4.20B3.79B
OtherInvestments4.92B4.39B3.86B3.34B
InvestmentinFinancialAssets933.00M554.00M336.30M446.00M
GoodwillAndOtherIntangibleAssets53.00M53.00M52.50M52.50M
Goodwill53.00M53.00M52.50M52.50M
NetPPE93.03B83.00B77.31B73.98B
AccumulatedDepreciation-28.20B-26.19B-24.55B-23.68B
GrossPPE121.24B109.18B101.87B97.67B
ConstructionInProgress7.63B6.35B5.51B4.81B
OtherProperties9.30B8.07B7.11B6.62B
CurrentAssets6.05B5.79B6.08B6.78B
OtherCurrentAssets638.00M733.00M788.20M1.56B
HedgingAssetsCurrent352.00M210.00M217.50M348.80M
AssetsHeldForSaleCurrent2.82B2.92B
RestrictedCash71.00M43.00M48.90M47.10M
PrepaidAssets129.80M
Inventory1.62B1.72B1.88B1.35B
Receivables2.95B2.67B2.60B2.77B
ReceivablesAdjustmentsAllowances-52.00M-61.00M-60.10M-57.10M
OtherReceivables1.33B1.23B1.30B1.26B
TaxesReceivable85.00M38.00M156.20M99.40M
AccountsReceivable1.17B1.10B1.03B1.15B
CashCashEquivalentsAndShortTermInvestments417.00M418.00M544.40M697.00M
OtherShortTermInvestments220.00M215.00M214.30M187.60M
CashAndCashEquivalents197.00M203.00M330.10M509.40M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-1.64B-967.00M-2.49B-1.48B
RepaymentOfDebt-5.04B-3.78B-4.62B-3.64B
IssuanceOfDebt8.58B5.84B6.53B7.13B
IssuanceOfCapitalStock775.00M552.00M1.00B826.50M
CapitalExpenditure-8.58B-7.77B-7.51B-6.77B
EndCashPosition268.00M246.00M379.00M556.50M
BeginningCashPosition246.00M379.00M557.00M451.40M
ChangesInCash22.00M-133.00M-178.00M105.10M
FinancingCashFlow5.02B659.00M1.08B2.57B
CashFlowFromContinuingFinancingActivities5.02B659.00M1.08B2.57B
NetOtherFinancingCharges2.71B-56.00M-88.00M-105.40M
CashDividendsPaid-2.01B-1.90B-1.75B-1.65B
CommonStockDividendPaid-2.01B-1.90B-1.75B-1.65B
NetCommonStockIssuance775.00M552.00M1.00B826.50M
CommonStockIssuance775.00M552.00M1.00B826.50M
NetIssuancePaymentsOfDebt3.54B2.06B1.92B3.49B
NetShortTermDebtIssuance-1.02B-306.00M-1.28B1.50B
ShortTermDebtPayments-1.34B-1.03B-2.35B-986.10M
ShortTermDebtIssuance320.00M724.00M1.07B2.48B
NetLongTermDebtIssuance4.56B2.37B3.20B1.99B
LongTermDebtPayments-3.70B-2.75B-2.26B-2.65B
LongTermDebtIssuance8.26B5.12B5.46B4.65B
InvestingCashFlow-11.94B-7.60B-6.27B-7.75B
CashFlowFromContinuingInvestingActivities-11.94B-7.60B-6.27B-7.75B
NetOtherInvestingChanges143.00M505.00M1.46B268.30M
NetInvestmentPurchaseAndSale-46.00M-45.00M-69.00M-40.40M
SaleOfInvestment2.94B2.88B2.79B2.74B
PurchaseOfInvestment-2.98B-2.92B-2.86B-2.78B
NetBusinessPurchaseAndSale-3.45B-285.00M-155.00M-1.21B
SaleOfBusiness0.00114.00M0.000.00
PurchaseOfBusiness-3.45B-399.00M-155.00M-1.21B
NetPPEPurchaseAndSale-130.00M-140.00M-128.00M-100.70M
PurchaseOfPPE-130.00M-140.00M-128.00M-100.70M
CapitalExpenditureReported-8.45B-7.63B-7.38B-6.67B
OperatingCashFlow6.94B6.80B5.01B5.29B
CashFlowFromContinuingOperatingActivities6.94B6.80B5.01B5.29B
ChangeInWorkingCapital341.00M510.00M-705.00M-237.70M
ChangeInOtherCurrentLiabilities103.00M182.00M-162.00M54.30M
ChangeInOtherCurrentAssets85.00M-13.00M-44.00M109.00M
ChangeInPayablesAndAccruedExpense284.00M325.00M-231.00M594.60M
ChangeInPayable284.00M325.00M-231.00M594.60M
ChangeInAccountPayable252.00M85.00M-253.00M489.20M
ChangeInTaxPayable32.00M240.00M22.00M105.40M
ChangeInIncomeTaxPayable32.00M240.00M22.00M105.40M
ChangeInInventory115.00M172.00M-504.00M-313.90M
ChangeInReceivables-246.00M-156.00M236.00M-681.70M
ChangesInAccountReceivables-246.00M-156.00M236.00M-681.70M
OtherNonCashItems-801.00M-150.00M78.00M-386.50M
ProvisionandWriteOffofAssets-319.20M-1.65B
AssetImpairmentCharge66.00M143.00M86.00M236.80M
DeferredTax269.00M13.00M144.00M-178.40M
DeferredIncomeTax269.00M13.00M144.00M-178.40M
DepreciationAmortizationDepletion3.49B3.39B3.19B3.29B
DepreciationAndAmortization3.49B3.39B3.19B3.29B
Depreciation3.49B3.39B3.19B3.29B
OperatingGainsLosses-116.00M-81.00M9.00M262.50M
PensionAndEmployeeBenefitExpense6.10M
GainLossOnInvestmentSecurities-116.00M-81.00M9.00M15.50M
GainLossOnSaleOfPPE0.000.00-116.30M0.00
GainLossOnSaleOfBusiness0.000.00363.30M0.00
NetIncomeFromContinuingOperations3.70B2.98B2.21B2.31B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for AEP
Date User Asset Broker Type Position Size Entry Price Patterns