# American Electric Power Company (AEP)

**Exchange:** NASDAQ  
**Sector:** Utilities  
**Market cap:** $69.58B  
**Price:** $129.46 (+0.72%)

> American Electric Power Company, Inc. is a U.S.-based electric utility company that generates, transmits, and distributes electricity to residential, commercial, industrial, and institutional customers across multiple states. The company operates a diverse portfolio of power generation assets and manages an extensive high-voltage transmission network, positioning it as a key player in maintaining grid reliability and supporting regional power markets. American Electric Power Company, Inc. serves regulated utility territories through local operating companies such as AEP Ohio and AEP Texas, providing essential services like energy delivery, billing, outage response, and customer support. Its operations span urban, suburban, and rural areas, supplying power to households, businesses, manufacturers, and public infrastructure. Headquartered in Columbus, Ohio, and founded in 1906, the company plays a central role in the U.S. electric power sector by linking generation resources with end users through its transmission and distribution systems, and by coordinating with regional grid operators and other utilities to support the stability and efficiency of the broader energy ecosystem.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $21.70B | — | $5.32B | — | — |
| 2024 | $19.97B | — | $4.30B | — | — |
| 2023 | $19.46B | — | $3.56B | — | — |
| 2022 | $19.39B | — | $3.48B | — | — |
| 2021 | $16.79B | — | $3.41B | — | — |
| 2020 | $14.92B | — | $2.99B | — | — |
| 2019 | $15.56B | — | $2.59B | — | — |
| 2018 | $16.20B | — | $2.68B | — | — |
| 2017 | $15.42B | — | $3.52B | — | — |
| 2016 | $16.38B | — | $1.16B | — | — |
| 2015 | $16.45B | — | $3.33B | — | — |
| 2014 | $16.38B | — | $3.13B | — | — |
| 2013 | $14.81B | — | $2.82B | $1.48B | — |
| 2012 | $14.95B | — | $2.66B | $1.26B | — |
| 2011 | $15.12B | — | $2.78B | $1.95B | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $114.46B | $82.20B | $31.14B | $197M | $47.32B |
| 2024 | $103.08B | $76.05B | $26.94B | $203M | $42.64B |
| 2023 | $96.68B | $71.36B | $25.25B | $330M | $40.14B |
| 2022 | $93.40B | $69.23B | $23.89B | $509M | $36.80B |
| 2021 | $87.67B | $64.95B | $22.43B | $403M | $33.45B |
| 2020 | $80.76B | $59.94B | $20.55B | $393M | $31.07B |
| 2019 | $75.89B | $55.87B | $19.63B | $247M | $26.73B |
| 2018 | $68.80B | $49.63B | $19.03B | $234M | $23.35B |
| 2017 | $64.73B | $46.40B | $18.29B | $215M | $21.17B |
| 2016 | $63.47B | $46.05B | $17.40B | $211M | $20.26B |
| 2015 | $61.68B | $43.78B | $17.89B | $176M | $19.57B |
| 2014 | $59.54B | $42.72B | $16.82B | $163M | $18.51B |
| 2013 | $56.32B | $40.33B | $16.09B | $118M | $18.38B |
| 2012 | $54.37B | $39.13B | $15.24B | $279M | $17.76B |
| 2011 | $52.22B | $37.56B | $14.66B | $221M | $16.52B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $6.94B | — | — |
| 2024 | $6.80B | — | — |
| 2023 | $5.01B | — | — |
| 2022 | $5.29B | — | — |
| 2021 | $3.84B | — | — |
| 2020 | $3.83B | — | $3.83B |
| 2019 | $4.27B | $918M | $3.35B |
| 2018 | $5.22B | — | $5.22B |
| 2017 | $4.27B | — | $4.27B |
| 2016 | $4.52B | $108M | $4.41B |
| 2015 | $4.75B | $5M | $4.74B |
| 2014 | $4.60B | $65M | $4.54B |
| 2013 | $4.10B | $32M | $4.06B |
| 2012 | $3.80B | $94M | $3.71B |
| 2011 | $3.79B | $19M | $3.77B |

Source: [CompaniesByCap](https://companiesbycap.com/company/AEP)