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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

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

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Although the revenue and EPS for AEP (AEP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, AEP (AEP) Q2 Earnings: A Look at Key Metrics

American Electric Power (AEP) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.13 per share a year ago.

American Electric Power (AEP) Q2 Earnings and Revenues Top Estimates

Second-quarter 2024 GAAP earnings of $0.64 per share; operating earnings of $1.25 per share Company reaffirms 2024 operating earnings (non-GAAP) guidance of $5.53 to $5.73 per share and long-term growth rate of 6% to 7% Strong data processing load in the commercial customer class positions AEP for further growth, supported by industry-leading transmission system AMERICAN ELECTRIC POWER Preliminary, unaudited results Second Quarter ended June 30 Year-to-date ended June 30 2024 2023 Variance 2024 2023 Variance Revenue ($ in billions): 4.6 4.4 0.2 9.6 9.1 0.5 Earnings ($ in millions): GAAP 340.3 521.2 (180.9) 1,343.4 918.2 425.2 Operating (non-GAAP) 662.0 582.2 79.8 1,332.4 1,153.8 178.6 EPS ($): GAAP 0.64 1.01 (0.37) 2.55 1.78 0.77 Operating (non-GAAP) 1.25 1.13 0.12 2.52 2.24 0.28 EPS based on 529 million shares 2Q 2024, 515 million shares 2Q 2023, 528 million shares YTD 2024 and 515 million shares YTD 2023 COLUMBUS, Ohio , July 30, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today reported second-quarter 2024 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $340 million or $0.64 per share, compared with GAAP earnings of $521 million or $1.01 per share in second-quarter 2023. Operating earnings for second-quarter 2024 were $662 million or $1.25 per share, compared with operating earnings of $582 million or $1.13 per share in second-quarter 2023.

AEP Reports Second-Quarter 2024 Earnings, Reaffirms Guidance

CenterPoint Energy

FirstEnergy

Public Service Enterprise Group

Total second-quarter earnings of Utility stocks are expected to improve 9.1% year over year on a rise of 1.1% in revenues. Let's see how PEG, CNP, AEP & FE report their Q2 figures.

Watch These 4 Utility Stocks for Q2 Earnings: Beat or Miss?

Evaluate the expected performance of AEP (AEP) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Curious about AEP (AEP) Q2 Performance? Explore Wall Street Estimates for Key Metrics

AEP (AEP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes AEP (AEP) a New Buy Stock

American Electric's (AEP) Q2 results are likely to benefit from a favorable weather pattern and an increase in transmission revenues. However, higher interest expenses might have hurt earnings.

What's in Store for American Electric (AEP) in Q2 Earnings?

COLUMBUS, Ohio , July 24, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) has declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable Sept.

AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

Dominion Energy

DNP Select Income Fund Inc

Cohen & Steers Infrastructure Fund Inc

Reaves Utility Income Fund

Be honest. I won't be mad, but just admit it.

Don't Settle: 5 Big Dividends With 24% Upside For Rest Of 2024

Atmos Energy

Duke Energy

Millions of Americans recently suffered through, or are continuing to suffer from a deadly heat wave. Cynically, this framework is a positive for utility stocks.

3 Utility Stocks to Buy as the Summer Heat Boosts Demand

VanEck Vectors Oil Refiners ETF

Kenvue

Kenvue is less than 3% off its 52-week low, but the sell-off is a buying opportunity. Shares of dividend powerhouse American Electric Power are on a summer sale.

3 High-Yield Dividend Stocks/ETFs to Buy Hand Over Fist in July

Investors need to pay close attention to American Electric (AEP) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in American Electric (AEP) Stock?

Utility firm American Electric Power said on Wednesday it has named Bill Fehrman as chief executive officer, effective Aug. 1.

American Electric Power names Centuri's Bill Fehrman as CEO

Fehrman is an accomplished leader with decades of industry experience and expertise Benjamin G.S. Fowke III to serve as senior advisor during transition and remain a Board member COLUMBUS, Ohio , June 26, 2024 /PRNewswire/ -- American Electric Power's (Nasdaq: AEP) Board of Directors has elected William J.

AEP Names Industry Veteran Bill Fehrman as President and Chief Executive Officer

Centuri Holdings Inc

PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri”), today announced Bill Fehrman will be stepping down as President and CEO to take the CEO role at American Electric Power (Nasdaq: AEP), one of the nation's largest publicly traded utility companies. He will continue in his role as President and CEO of Centuri until July 31, 2024. The Centuri Board has appointed Paul Caudill, former CEO of NV Energy, a Berkshire Hathaway Energy portfolio company, and Senior Advisor to the.

Centuri Announces Leadership Transition

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

American Electric (AEP) Rides on Investments, Interest Rate Woes

AEP is an electric utilities company with the nation's largest electric transmission system, serving nearly 6M customers in 11 states. AEP reported positive Q1 earnings with revenue growth of 6.4% year over year, aiming for 6-7% EPS growth and a 3% annual base rate increase. Despite interest rate vulnerability, AEP remains undervalued with a fair value estimate of $101 per share based on my dividend discount model.

American Electric Power: Undervalued With Strong Dividend Growth

Enbridge

Global Water Resources

The Vanguard Utilities Index Fund ETF (NYSEARCA: VPU ) is up by about 9% year-to-date, suggesting that utility stocks have garnered fundamental support. The question now becomes: Are utility stocks overvalued, or are additional gains in store?

The 3 Most Undervalued Utility Stocks to Buy in June 2024

COLUMBUS, Ohio , May 13, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) announced today it will retain its retail energy business, AEP Energy. The company is reaffirming its 2024 operating earnings guidance of $5.53 to $5.73 per share, long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%.

AEP Retains AEP Energy, Reaffirms 2024 Earnings Guidance

COLUMBUS, Ohio , May 13, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its distributed resources business, AEP OnSite Partners ("OnSite"), to funds advised by Basalt Infrastructure Partners LLC. AEP expects to net approximately $315 million in cash after taxes and transaction fees, subject to customary closing adjustments.

AEP Signs Agreement to Sell Distributed Resources Business to Basalt

GAHANNA, Ohio , May 13, 2024 /PRNewswire/ -- AEP Ohio, an American Electric Power (Nasdaq: AEP) company, today filed with the Public Utilities Commission of Ohio in docket 24-508-EL-ATA a proposal that would create a new rate category for data center customers and cryptocurrency mining/mobile data center operations. The proposed rate structure would require new data centers with loads greater than 25 megawatts (MW) and cryptocurrency mining operations/mobile data centers with loads greater than 1 MW to agree to meet certain requirements before facilities are constructed to serve them.

AEP Ohio Files Plan to Secure Grid Resources for Data Centers, Protect Residential Customers

American Water Works

California Water Service Group

NRG Energy

TransAlta

The utility sector is now the third-best-performing sector year to date and the top-performing S&P 500 sector of the second quarter after a solid rally in the past month.

5 Utility Stocks at the Forefront of the Recent Rally

American Electric Power has been a choice for many dividend investors over the past years, because of its safe and increasing dividend payments. Today, our adjusted fair value estimation resulted in a range of $58 to $115 per share, using a single stage dividend discount model with updated input parameters. Based on a set of traditional price multiples, AEP's stock also does not appear to provide significant upside potential.

American Electric Power: With The Updated Valuation, We Are Still Not Confident In Investing

COLUMBUS, Ohio , May 13, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Chris Brathwaite vice president and chief communications officer, effective today. He will report to Phil Ulrich, executive vice president and chief human resources officer.

AEP Names Chris Brathwaite Chief Communications Officer

COLUMBUS, Ohio , May 1, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact. This report marks AEP's 18th year of providing a comprehensive view of AEP's progress as a business and community partner and highlights the company's longstanding commitment to stakeholder engagement, transparency and long-term value creation.

News for American Electric Power Company Stock (AEP)