American Electric Power revenue
American Electric Power's revenue was $21.88bn in fiscal 2025, up 10.9% on the year before. Since fiscal 2009 ($13.49bn) it has grown at a compound 3.1% a year. Over the last twelve months it was $22.79bn.
Revenue history
| 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 |
| Growth on the year before | — | +7.0% | +4.8% | −1.1% | −0.9% | +10.6% | +0.5% | −0.4% | −5.8% | +5.0% | −3.9% | −4.1% | +12.6% | +17.0% | −3.3% | +3.9% | +10.9% | — |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Retail | $16B | ▲ 6.1% |
| Electricity | $12.6B | ▲ 10.0% |
| Residential | $7.8B | ▲ 6.0% |
| Transmission and Distribution Utilities Revenues | $6.1B | ▲ 3.7% |
| Wholesale and Competitive | $5.2B | ▲ 16.9% |
| Commercial | $4.7B | ▲ 9.2% |
| Industrial | $3.3B | ▲ 2.4% |
| Generation and Marketing Revenues | $2.7B | ▲ 38.7% |
| Marketing Competitive Retail and Renewable | $2.4B | ▲ 20.7% |
| Wholesale Transmission | $1.6B | ▼ 0.5% |
| Wholesale Generation | $1.2B | ▲ 43.4% |
| Other | $526M | ▲ 9.1% |
| Other Retail | $302M | ▲ 4.9% |
These categories overlap or exclude eliminations, so shares aren't shown.
From American Electric Power's 10-K filed February 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| American Electric Power | $22.79bn | 10.3% | 5.4% |
| Exelon | $25.94bn | 6.7% | 7.3% |
| Vistra Corp. | $19.21bn | 3.8% | 4.9% |
| Edison International | $18.56bn | 2.6% | 3.7% |
| Southern Company | $30.18bn | 6.4% | 3.0% |
| Constellation Energy | $31.27bn | 26.0% | 5.8% |
Compare with peers
- Exelon revenue
- Vistra Corp. revenue
- Edison International revenue
- Southern Company revenue
- Constellation Energy revenue
Head to head: AEP vs EXCAEP vs VSTAEP vs EIX
More: Electric Utilities stocks compared, Utilities sector, rankings of US companies