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American Electric Power Company Inc
Previous close
$98.75
Day range
$97.07 - $99.23
Year range
$74.97 - $105.18
Market cap
51.75B USD
Avg Volume
2.63M
P/E ratio
19.41
Dividend yield
3.83%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 4.58B | 4.73% |
Operating expense | 1.18B | 12.54% |
Net income | 340.30M | -34.71% |
Net profit margin | 7.43 | -37.67% |
Earnings per share | 1.25 | 10.62% |
EBITDA | 1.69B | 0.85% |
Effective tax rate | 1.92% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 428.20M | -15.61% |
Total assets | 99.62B | 3.77% |
Total liabilities | 73.45B | 2.18% |
Total equity | 26.18B | — |
Shares outstanding | 532.12M | — |
Price to book | 2.01 | — |
Return on assets | 2.19% | — |
Return on capital | 3.07% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 340.30M | -34.71% |
Cash from operations | 1.46B | 25.62% |
Cash from investing | -1.58B | 21.77% |
Cash from financing | 84.50M | -89.62% |
Net change in cash | -33.90M | 20.79% |
Free cash flow | -897.92M | 33.28% |
About
American Electric Power Company, Inc., is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.
American Electric Power Company is one of the nation's largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network that includes 765 kilovolt ultra-high voltage transmission lines, more than all other U.S. transmission systems combined. AEP's transmission system directly or indirectly provides about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in the Electric Reliability Council of Texas, the transmission system that covers much of Texas.
AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company. Wikipedia
Founded
1906
Headquarters
Website
Employees
16,800