American Electric Power income statement
In fiscal 2025, American Electric Power reported revenue of $21.88bn, up 10.9% on the year before, operating income of $5.32bn (a 24.3% margin) and net income of $3.58bn, or $6.66 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.5 | 14.4 | 15.1 | 14.9 | 14.8 | 16.4 | 16.5 | 16.4 | 15.4 | 16.2 | 15.6 | 14.9 | 16.8 | 19.6 | 19.0 | 19.7 | 21.9 | 22.8 |
| Operating income | 2.8 | 2.7 | 2.8 | 2.7 | 2.8 | 3.1 | 3.3 | 1.2 | 3.5 | 2.7 | 2.6 | 3.0 | 3.4 | 3.5 | 3.6 | 4.3 | 5.3 | 5.2 |
| Interest expense | 1.0 | 1.0 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 1.0 | 1.1 | 1.2 | 1.2 | 1.4 | 1.8 | 1.9 | 2.0 | 2.2 |
| Income before tax | 1.9 | 1.9 | 2.4 | 1.9 | 2.2 | 2.5 | 2.7 | 0.5 | 2.9 | 2.0 | 1.9 | 2.2 | 2.6 | 2.3 | 2.3 | 2.9 | 3.8 | 3.6 |
| Income tax | 0.6 | 0.6 | 0.8 | 0.6 | 0.7 | 0.9 | 0.9 | −0.1 | 1.0 | 0.1 | −0.0 | 0.0 | 0.1 | 0.0 | 0.1 | −0.0 | 0.1 | 0.4 |
| Net income | 1.4 | 1.2 | 1.9 | 1.3 | 1.5 | 1.6 | 2.0 | 0.6 | 1.9 | 1.9 | 1.9 | 2.2 | 2.5 | 2.3 | 2.2 | 3.0 | 3.6 | 3.1 |
| Diluted EPS | $2.96 | $2.53 | $4.02 | $2.60 | $3.04 | $3.34 | $4.17 | $1.24 | $3.88 | $3.90 | $3.88 | $4.42 | $4.96 | $4.49 | $4.24 | $5.58 | $6.66 | $5.77 |
| Diluted shares (average) | 459m | 480m | 482m | 485m | 487m | 489m | 491m | 492m | 493m | 494m | 495m | 497m | 502m | 513m | 520m | 531m | 537m | 544m |
| EBITDA | 4.4 | 4.3 | — | 4.2 | 4.3 | 4.7 | 5.0 | 2.9 | 5.2 | 4.6 | 4.8 | 5.5 | 6.1 | 6.6 | 6.5 | 7.5 | 8.6 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,420 | 4,696 | 5,463 | 5,087 | 6,010 | 5,315 | 6,020 | 5,445 |
| Operating income | 1,352 | 1,096 | 1,284 | 1,399 | 1,521 | 1,114 | 1,360 | 1,247 |
| Interest expense | 499 | 463 | 495 | 489 | 509 | 533 | 552 | 585 |
| Income before tax | 982 | 792 | 889 | 1,017 | 1,118 | 801 | 922 | 770 |
| Income tax | 38 | 59 | 125 | −251 | 139 | 116 | 44 | 52 |
| Net income | 962 | 657 | 800 | 1,226 | 972 | 582 | 874 | 713 |
| Diluted EPS | $1.80 | $1.24 | $1.50 | $2.29 | $1.81 | $1.07 | $1.60 | $1.30 |
Compare with peers
- Exelon income statement
- Vistra Corp. income statement
- Edison International income statement
- Southern Company income statement
- Constellation Energy income statement
Head to head: AEP vs EXCAEP vs VSTAEP vs EIX
More: Electric Utilities stocks compared, Utilities sector, rankings of US companies