American Electric Power Financial Statements
NASDAQ: AEPUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
American Electric Power revenue and earnings
In fiscal 2025, American Electric Power generated $21.88 billion in revenue, up 10.9% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $3.70 billion (+24.2% year over year), for a net margin of 16.9% versus a median of 14.7% in the prior 5 years. Gross margin was 67.9% (down from 69.9%) and operating margin 24.3%.
Diluted earnings per share came in at $6.66, up from $5.58. Over the last 5 fiscal years, AEP's revenue has grown at a 8.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
American Electric Power income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.88B | 19.72B | 18.98B | 19.64B | 16.79B | 14.92B | 15.56B | 16.20B | 15.42B | 16.38B |
| Revenue growth (YoY) | +10.93% | +3.89% | -3.35% | +16.96% | +12.56% | -4.13% | -3.92% | +5.00% | -5.83% | -0.44% |
| Cost of Revenue | 7.03B | 5.94B | 6.58B | 7.10B | — | — | — | — | — | — |
| Gross Profit | 14.85B | 13.79B | 12.40B | 12.54B | — | — | — | — | — | — |
| Operating Expenses | 9.53B | 9.48B | 15.43B | 16.16B | 13.38B | 11.93B | 12.97B | 13.51B | 11.90B | 15.22B |
| Operating Income | 5.32B | 4.30B | 3.56B | 3.48B | 3.41B | 2.99B | 2.59B | 2.68B | 3.52B | 1.16B |
| Interest Expense | 2.03B | 1.86B | 1.81B | 1.40B | 1.20B | 1.17B | 1.07B | 984.40M | 895.00M | 877.20M |
| Other Income (Expense) | 48.00M | 65.00M | 64.00M | 11.60M | 41.40M | 57.00M | 26.60M | 18.20M | 34.60M | — |
| Pretax Income | 3.83B | 2.94B | 2.27B | 2.31B | 2.60B | 2.23B | 1.90B | 2.04B | 2.90B | 546.80M |
| Income Tax | 129.00M | -39.00M | 55.00M | 5.40M | 115.50M | 40.50M | -12.90M | 115.30M | 969.70M | -73.70M |
| Net Income | 3.70B | 2.98B | 2.21B | 2.31B | 2.49B | 2.20B | 1.92B | 1.93B | 1.93B | 618.00M |
| Net Income growth (YoY) | +24.19% | +34.48% | -4.02% | -7.33% | +13.27% | +14.42% | -0.60% | +0.12% | +212.12% | -69.89% |
| EPS (Basic) | 6.70 | 5.60 | 4.26 | 4.51 | 4.97 | 4.44 | 3.89 | 3.90 | 3.89 | 1.24 |
| EPS (Diluted) | 6.66 | 5.58 | 4.24 | 4.49 | 4.96 | 4.42 | 3.88 | 3.90 | 3.88 | 1.24 |
| Shares Outstanding (Basic) | 534.54M | 530.09M | 518.90M | 511.84M | 500.52M | 495.72M | 493.69M | 492.77M | 491.81M | 491.50M |
| Shares Outstanding (Diluted) | 537.47M | 531.34M | 520.21M | 513.48M | 501.78M | 497.23M | 495.31M | 493.76M | 492.61M | 491.66M |
| EBITDA | 8.64B | 7.45B | 6.48B | 6.56B | 6.13B | 5.48B | 4.80B | 4.65B | 5.23B | 2.85B |
| Gross Margin | 67.86% | 69.90% | 65.35% | 63.86% | — | — | — | — | — | — |
| Operating Margin | 24.31% | 21.82% | 18.73% | 17.73% | 20.32% | 20.03% | 16.66% | 16.56% | 22.85% | 7.11% |
| Net Margin | 16.90% | 15.09% | 11.66% | 11.74% | 14.82% | 14.72% | 12.34% | 11.92% | 12.51% | 3.77% |
This table shows 10 annual periods of American Electric Power's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AEP's reporting calendar. What is a income statement?