American Electric Power (AEP) financial statements
- FY2025 revenue
- $21.9B▲ +10.9%
- FY2025 net income
- $3.7B▲ +24.2%
- FY2025 diluted EPS
- $6.66▲ +19.4%
- FY2025 free cash flow
- $3.5B▼ −45.5%
American Electric Power income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 21,876 | 19,721 | 18,982 |
| Operating income | 5,319 | 4,304 | 3,556 |
| Pretax income | 3,825 | 2,937 | 2,268 |
| Net income | 3,696 | 2,976 | 2,213 |
| Diluted earnings per share | 6.66 | 5.58 | 4.24 |
American Electric Power balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 197 | 246 | 379 |
| Total assets | 114,460 | 103,078 | 96,684 |
| Total liabilities | 82,204 | 76,054 | 71,356 |
| Total equity | 32,218 | 26,986 | 25,286 |
| Long-term debt | 44,128 | 39,308 | 37,653 |
American Electric Power cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 6,944 | 6,804 | 5,012 |
| Capital expenditure | -3,453 | -399 | -155 |
| Free cash flow (derived) | 3,491 | 6,405 | 4,857 |
| Dividends paid | -2,008 | -1,898 | -1,752 |
Quarterly highlights
| USD millions | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Period ended | 31 Mar 2026 | 31 Dec 2025 | 30 Sep 2025 | 30 Jun 2025 |
| Revenue (derived) | 6,020 | 5,315 | 6,010 | 5,087 |
| Operating income (derived) | 1,360 | 1,114 | 1,521 | 1,399 |
| Net income (derived) | 903 | 605 | 1,000 | 1,288 |
| Diluted earnings per share | 1.60 | n/a | 1.81 | 2.29 |
| Operating cash flow (derived) | 1,519 | 1,813 | 2,460 | 1,221 |
| Total assets | 117,776 | 114,460 | 110,254 | 107,779 |
American Electric Power major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.5% | 40,827,015 | 29 April 2026 |
| BlackRock, Inc. | 7.5% | 40,248,240 | 17 April 2025 |
| Vanguard Portfolio Management | 5.7% | 30,941,474 | 30 October 2026 |
American Electric Power 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 28 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 28 October 2026 | 8-K | Current report | Current report |
| 30 September 2026 | 8-K | Current report | Current report |
| 30 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 30 July 2026 | 8-K | Current report | Current report |
| 21 July 2026 | 8-K | Current report | Current report |
| 14 May 2026 | 8-K | Current report | Current report |
| 5 May 2026 | 10-Q | Quarterly report | Quarterly report |
Common questions
What was American Electric Power's revenue in fiscal 2025?
American Electric Power reported $21.9 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 10.9% from fiscal 2024.
What was American Electric Power's net income in fiscal 2025?
American Electric Power reported net income of $3.7 billion for fiscal 2025, the year ended 31 December 2025, up 24.2% from fiscal 2024. Diluted earnings per share were $6.66.
What was American Electric Power's free cash flow in fiscal 2025?
American Electric Power had $3.5 billion in free cash flow in fiscal 2025. Operating cash flow was $6.9 billion and capital expenditure was $3.5 billion.
What were American Electric Power's total assets at the end of fiscal 2025?
American Electric Power reported total assets of $114.5 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much American Electric Power history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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