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American Electric Power cash flow statement

In fiscal 2025, American Electric Power's operations generated $6.94bn of cash; it spent $3.45bn on capital projects, leaving free cash flow of $3.49bn. It returned $2.01bn in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations2,4752,6623,7883,8044,0964,6024,7494,5224,2705,2234,2703,8333,8405,2885,0126,8046,9447,694
Depreciation and amortisation1,5971,641—1,5051,4411,5741,6741,6891,7091,9652,2042,4882,7173,0732,9273,1493,325—
Stock-based pay—————————————63515353—
Capital spending104155199432655108009180——1553993,4533,409
Free cash flow2,3712,5073,7693,7104,0644,5384,7434,4144,2705,2233,3523,833——4,8576,4053,4914,285
Free cash flow after stock pay——————————————4,8066,3523,438—
Dividends paid7588248989169549981,0591,1211,1921,2561,3501,425−1,5201,6451,7521,8982,0082,048
Shares issued1,728939283837482341274651556018271,0005527751,048

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from American Electric Power's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to American Electric Power.