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American Electric Power Company, Inc. logo

American Electric Power Company, Inc.

AEP

NASDAQUtilitiesRegulated Electric

Open in GoAI

Regular session

$120.21

−$0.73 · -0.60%

Aug 24, 11:00 AM ET

AEP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

74

Undervalued

Momentum

51

Neutral

Sentiment

69

Bullish

Risk resilience

86

Low Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity. Serving both retail and wholesale clients across the United States, AEP organizes its extensive operations into several key segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The firm produces its electrical power from a diverse portfolio of energy sources, including coal, lignite, natural gas, nuclear, hydroelectric, solar, and wind power, alongside other emerging technologies. Beyond direct consumer sales, AEP also functions as a major wholesale electricity supplier, providing power to other utility companies, rural electric cooperatives, municipalities, and various other participants within the energy market. Incorporated in 1906, the company's corporate headquarters are situated in Columbus, Ohio.

Industry
Regulated Electric
Sector
Utilities
Headquarters
US
CEO
William J. Fehrman
Listed since
Jan 2, 1962
Employees
17,581

Market position

Day range

Current $120.21

52-week range

Current $120.21

Open
$121.11
Previous close
$120.94
Volume
1.04M
0.23× average
Average volume
4.48M
Average daily volume
Market cap
65.44B USD
Beta
0.51
Market reference 1
50-day average
$130.83
-8.12% below average
200-day average
$126.81
-5.21% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
109.81B USD
P/E (TTM)
20.65×
P/B (TTM)
2.04×
P/S (TTM)
2.91×
EV / EBITDA
11.75×
Earnings yield
5.98%
Free cash flow yield
11.39%
Dividend yield
3.16%

Profitability & efficiency

Gross margin
48.98%
Operating margin
28.36%
Net margin
13.95%
Return on equity
11.50%
Return on assets
3.05%
Return on invested capital
4.71%

Financial health

Debt / equity
1.66×
Current ratio
0.45×
Altman Z-score
0.88
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%26%18%9%Gross margin, FY2021: 28.09%Gross margin, FY2022: 25.21%Gross margin, FY2023: 29.02%Gross margin, FY2024: 31.92%Gross margin, FY2025: 31.81%Operating margin, FY2021: 19.63%Operating margin, FY2022: 17.60%Operating margin, FY2023: 21.32%Operating margin, FY2024: 23.90%Operating margin, FY2025: 24.33%Net margin, FY2021: 14.97%Net margin, FY2022: 11.95%Net margin, FY2023: 11.39%Net margin, FY2024: 14.90%Net margin, FY2025: 16.43%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.09%. Gross margin FY2022 25.21%. Gross margin FY2023 29.02%. Gross margin FY2024 31.92%. Gross margin FY2025 31.81%. Operating margin FY2021 19.63%. Operating margin FY2022 17.60%. Operating margin FY2023 21.32%. Operating margin FY2024 23.90%. Operating margin FY2025 24.33%. Net margin FY2021 14.97%. Net margin FY2022 11.95%. Net margin FY2023 11.39%. Net margin FY2024 14.90%. Net margin FY2025 16.43%.

Income trends

Revenue

21.78B USD+9.37%

Operating income

5.3B USD+11.31%

Net income

3.58B USD+20.66%
Income trends across reported periods23.74B USD15.91B USD8.08B USD250.61M USDRevenue, FY2021: 16.62B USDRevenue, FY2022: 19.31B USDRevenue, FY2023: 19.38B USDRevenue, FY2024: 19.92B USDRevenue, FY2025: 21.78B USDOperating income, FY2021: 3.26B USDOperating income, FY2022: 3.4B USDOperating income, FY2023: 4.13B USDOperating income, FY2024: 4.76B USDOperating income, FY2025: 5.3B USDNet income, FY2021: 2.49B USDNet income, FY2022: 2.31B USDNet income, FY2023: 2.21B USDNet income, FY2024: 2.97B USDNet income, FY2025: 3.58B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 16.62B USD. Revenue FY2022 19.31B USD. Revenue FY2023 19.38B USD. Revenue FY2024 19.92B USD. Revenue FY2025 21.78B USD. Operating income FY2021 3.26B USD. Operating income FY2022 3.4B USD. Operating income FY2023 4.13B USD. Operating income FY2024 4.76B USD. Operating income FY2025 5.3B USD. Net income FY2021 2.49B USD. Net income FY2022 2.31B USD. Net income FY2023 2.21B USD. Net income FY2024 2.97B USD. Net income FY2025 3.58B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue21.78B USD19.92B USD19.38B USD19.31B USD16.62B USD
Cost of goods sold14.85B USD13.56B USD13.76B USD14.44B USD11.95B USD
Gross profit6.93B USD6.36B USD5.62B USD4.87B USD4.67B USD
Operating expenses1.63B USD1.6B USD1.49B USD1.47B USD1.41B USD
Interest expense2.03B USD1.86B USD1.81B USD1.39B USD1.19B USD
Depreciation and amortization3.49B USD3.39B USD3.19B USD3.29B USD3.05B USD
Operating income5.3B USD4.76B USD4.13B USD3.4B USD3.26B USD
Net income3.58B USD2.97B USD2.21B USD2.31B USD2.49B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+2.18%
11 comparable reports
Latest EPS result
1.36
Estimate 1.48 · Miss by 8.11%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.091.751.411.07Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 1.24, estimate 1.25, surprise -0.80%, Miss. Q2 2025, reported May 6, 2025: actual 1.54, estimate 1.4, surprise +10.00%, Beat. Q3 2025, reported Jul 30, 2025: actual 1.43, estimate 1.27, surprise +12.60%, Beat. Q4 2025, reported Oct 29, 2025: actual 1.8, estimate 1.81, surprise -0.55%, Miss. Q1 2026, reported Feb 12, 2026: actual 1.19, estimate 1.15, surprise +3.48%, Beat. Q2 2026, reported May 5, 2026: actual 1.64, estimate 1.57, surprise +4.46%, Beat. Q3 2026, reported Jul 30, 2026: actual 1.36, estimate 1.48, surprise -8.11%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 2.01, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.71B5.95B5.2B4.44BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 4.7B USD, estimate 4.91B USD, surprise -4.28%, Miss. Q2 2025, reported May 6, 2025: actual 5.46B USD, estimate 5.16B USD, surprise +5.80%, Beat. Q3 2025, reported Jul 30, 2025: actual 5.09B USD, estimate 4.96B USD, surprise +2.51%, Beat. Q4 2025, reported Oct 29, 2025: actual 6.01B USD, estimate 5.71B USD, surprise +5.23%, Beat. Q1 2026, reported Feb 12, 2026: actual 5.31B USD, estimate 4.89B USD, surprise +8.72%, Beat. Q2 2026, reported May 5, 2026: actual 6.02B USD, estimate 5.72B USD, surprise +5.32%, Beat. Q3 2026, reported Jul 30, 2026: actual 5.45B USD, estimate 5.34B USD, surprise +1.91%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 6.45B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$140.38

16.78% upside
Past 12 months12-month forecastHigh $147Average $140.38Low $129

Rating distribution

36 ratings
Strong buy00%
Buy2261%
Hold1439%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
Goldman SachsdowngradeBuyNeutral

AEP news

247wallst.com

Peter Thiel's $418 Million Bet On These 8 Companies Reveals AI's Biggest Bottleneck

Thiel Macro LLC resurfaced in mid-August with a $418.7 million book spread across exactly eight positions as of June 30, 2026, according to 13f.info's rendering of the filing.

Read source
defenseworld.net

EP Wealth Advisors LLC Makes New Investment in American Electric Power Company, Inc. $AEP

EP Wealth Advisors LLC purchased a new position in American Electric Power Company, Inc. (NASDAQ: AEP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and…

Read source
defenseworld.net

Bank of New York Mellon Corp Purchases New Holdings in American Electric Power Company, Inc. $AEP

Bank of New York Mellon Corp bought a new position in American Electric Power Company, Inc. (NASDAQ: AEP) in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange…

Read source
defenseworld.net

B. Metzler seel. Sohn & Co. AG Makes New Investment in American Electric Power Company, Inc. $AEP

B. Metzler seel. Sohn and Co. AG purchased a new stake in American Electric Power Company, Inc. (NASDAQ: AEP) in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The fund…

Read source
defenseworld.net

Advisors Capital Management LLC Buys Shares of 7,675 American Electric Power Company, Inc. $AEP

Advisors Capital Management LLC bought a new position in American Electric Power Company, Inc. (NASDAQ: AEP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).…

Read source
defenseworld.net

BlackRock Inc. Makes New $6.98 Billion Investment in American Electric Power Company, Inc. $AEP

BlackRock Inc. bought a new stake in American Electric Power Company, Inc. (NASDAQ: AEP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$3.74

2025 complete year+24.7% since 2021

2026 partial: $2.85

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 10, 2026

$0.95

Quarterly

Record Aug 10, 2026 · Payment Sep 10, 2026

Dividend

Ex-dividend May 8, 2026

$0.95

Quarterly

Record May 8, 2026 · Payment Jun 10, 2026

Dividend

Ex-dividend Feb 10, 2026

$0.95

Quarterly

Record Feb 10, 2026 · Payment Mar 10, 2026

Dividend

Ex-dividend Nov 10, 2025

$0.95

Quarterly

Record Nov 10, 2025 · Payment Dec 10, 2025

Dividend

Ex-dividend Aug 8, 2025

$0.93

Quarterly

Record Aug 8, 2025 · Payment Sep 10, 2025

Dividend

Ex-dividend May 9, 2025

$0.93

Quarterly

Record May 9, 2025 · Payment Jun 10, 2025

AEP peers

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LNT

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TLN

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ETFs holding AEP

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
2.21B
Weight
0.10%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.11-0.30%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
1.83B
Weight
0.11%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$701.75-0.28%
Invesco QQQ Trust, Series 1 logoInvesco QQQ Trust, Series 1QQQ
Market value
1.41B
Weight
0.29%
AUM
485.41B USD
Expense ratio
0.18%
Price / 1D
$705.61-1.10%
State Street Utilities Select Sector SPDR ETF logoState Street Utilities Select Sector SPDR ETFXLU
Market value
1.13B
Weight
5.01%
AUM
22.48B USD
Expense ratio
0.08%
Price / 1D
$42.86+0.22%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
879.55M
Weight
0.10%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$767.01-0.30%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
850.57M
Weight
0.10%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$763.46-0.29%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
752.75M
Weight
0.33%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.705-0.33%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
662.59M
Weight
0.26%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.14-0.12%

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