Revenue segments as reported by the company.

Vertically Integrated Utilities

Transmission & Distribution Utilities

AEP Transmission Holdco

Generation & Marketing

Corporate and Other

Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Maintenance and Other Operation

Asset Impairments and Other Related Charges

Depreciation and Amortization

Taxes Other Than Income Taxes

Loss on the Expected Sale of the Kentucky Operations

Gain on Sale of Mineral Rights

Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset

Loss on the Expected Sale of the Competitive Contracted Renewable Portfolio

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Electric Power Company

American Electric Power Co., Inc. engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation and Marketing. The Vertically Integrated Utilities segment covers the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The Transmission and Distribution Utilities segment represents the transmission and distribution of electricity for sale to retail and wholesale customers. The AEP Transmission Holdco segment comprised of the development, construction, and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and joint ventures. The Generation and Marketing segment consists of the non-regulated generation and marketing, risk management, and retail activities. The company was founded on December 20, 1906 and is headquartered in Columbus, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

American Electric Power (AEP) reports strong earnings and strategic shifts

American Electric Power (AEP) delivered strong financial performance in Q4 2022, reaffirming 2023 guidance and showcasing operational resilience amidst industry challenges.
The company's strategic focus on clean energy transition, regulatory wins, and asset optimization positions it for sustainable growth and shareholder value creation.
Challenges related to deferred fuel balances and regulatory uncertainties require proactive management, while opportunities in portfolio optimization and financial strategy offer avenues for future growth.
AEP's commitment to financial stability, dividend growth, and environmental responsibility underscores its position as a leading utility company driving towards a sustainable energy future.

American Electric Power reports solid Q1 earnings amidst operational focus

AEP's Q1 2023 performance showed resilience despite weather challenges, with a focus on managing the portfolio and enhancing financial metrics. While facing challenges in closing the ROE gap and improving Kentucky operations, opportunities exist in seeking approvals for renewable sales and streamlining operations. The company remains committed to maintaining a healthy balance sheet and pursuing strategic divestments.

AEP meets Q2 earnings target, focuses on asset sales and ROE improvement

AEP's Q2 performance aligned with guidance, emphasizing strategic asset sales and renewables execution
Challenges include low ROE, weather impacts on ROE improvement, and regulatory monitoring
Opportunities lie in asset sales, debt ratio targets, and reinvestment of securitization proceeds
Overall, AEP remains focused on financial strength, stakeholder engagement, and regulatory alignment

American Electric Power reports strong Q3 earnings and growth opportunities

AEP's Q3 performance was strong, with narrowed full-year guidance and an increased dividend aligned with earnings growth.
The company is focusing on simplifying its business profile through asset sales and investing in regulated renewables projects.
Challenges include managing FFO to debt fluctuations, resolving fuel cost recovery paths, and optimizing O&M costs for customer benefit.

American Electric Power (AEP) reports robust earnings and growth outlook

AEP's Q4 2023 Earnings Call highlighted strong financial performance, reaffirmed earnings guidance, and emphasized strategic priorities and regulatory wins. The company faces challenges in regulatory changes but sees opportunities in data center expansion and transmission assets.

AEP reports robust Q1 earnings, focuses on growth and regulatory challenges

AEP's strong financial performance and strategic focus on growth and regulatory engagement position the company well for future opportunities. Challenges in grid modernization and regulatory compliance require proactive measures, while cost management remains a key priority.

AEP reports robust Q2 earnings, eyes growth amid regulatory challenges

AEP's strong financial performance, commitment to customer service, and strategic growth initiatives position the company for long-term success.
While facing regulatory and financial challenges, AEP's focus on operational excellence and growth opportunities underscores its resilience and adaptability.
By balancing strengths, challenges, and opportunities, AEP aims to navigate the evolving energy landscape and deliver value to stakeholders.

American Electric Power (AEP) reports solid Q3 earnings amidst strategic focus

AEP's Q3 2024 performance met expectations, with a strategic focus on growth and operational excellence driving long-term earnings growth.
While facing challenges in regulatory changes and strategic execution, AEP's strong financial position and customer-centric approach position it well for future opportunities.
Navigating uncertainties in dividend growth, federal policies, and operational complexities, AEP remains focused on sustainable growth and stakeholder value creation.
By capitalizing on strengths in operational efficiency and market resilience, AEP can address challenges and leverage opportunities for sustained financial performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The headline numbers for AEP (AEP) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About AEP (AEP) Q3 Earnings

Third-quarter 2023 GAAP earnings of $1.83 per share; operating earnings of $1.77 per share 2023 operating earnings (non-GAAP) guidance range narrowed to $5.24 to $5.34 per share, midpoint maintained at $5.29 Long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15% reaffirmed COLUMBUS, Ohio , Nov. 2, 2023 /PRNewswire/ -- AMERICAN ELECTRIC POWER Preliminary, unaudited results Third Quarter ended September 30 Year-to-date ended September 30 2023 2022 Variance 2023 2022 Variance Revenue ($ in billions): 5.3 5.5 (0.2) 14.4 14.8 (0.4) Earnings ($ in millions): GAAP 953.7 683.7 270.0 1,871.9 1,922.9 (51.0) Operating (non-GAAP) 923.8 831.0 92.8 2,077.6 2,065.1 12.5 EPS ($): GAAP 1.83 1.33 0.50 3.62 3.76 (0.14) Operating (non-GAAP) 1.77 1.62 0.15 4.02 4.04 (0.02) EPS based on 520 million shares 3Q 2023, 514 million shares 3Q 2022, 517 million shares YTD 2023 and 511 million shares YTD 2022. American Electric Power (Nasdaq: AEP) today reported third-quarter 2023 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $954 million or $1.83 per share, compared with GAAP earnings of $684 million or $1.33 per share in third-quarter 2022.

AEP REPORTS THIRD-QUARTER 2023 EARNINGS, NARROWS GUIDANCE WHILE MAINTAINING MIDPOINT

Get a deeper insight into the potential performance of AEP (AEP) for the quarter ended September 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Seeking Clues to AEP (AEP) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

American Electric's (AEP) Q3 results are likely to reflect the benefits of warm weather patterns on its top line.

What's in Store for American Electric (AEP) in Q3 Earnings?

COLUMBUS, Ohio , Oct. 30, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Nov. 2.

AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

Becton, Dickinson and Co.

Becton Dickinson & Co. Deposit Repr 1/20th Cum Conv Pfd Registered Series A

AbbVie

Automatic Data Processing

A. O. Smith

Amphenol

Black Hills

Brown & Brown

Evergy Inc

Gorman-Rupp

Lincoln Electric Hlds

Lockheed Martin

Visa and Exxon Mobil announced dividend increases in October, with Visa increasing its dividend by 15.6% and Exxon Mobil increasing its dividend by 4.4%. Several companies, including AbbVie, American Electric Power, and McDonalds, met or exceeded dividend increase predictions in October. Dividend growth slowed for companies like Amphenol, Black Hills, and Tompkins Financial due to various factors such as the current economic slowdown and flat or lower earnings.

Becton, Dickinson And HP Among 13 Companies Announcing Annual Dividend Increases In The First Half Of November

Burke & Herbert Financial Services Corp

Crown Castle International

Cullen/Frost Bankers

EastGroup Properties

Medtronic

NextEra Energy

Schwab US Dividend Equity ETF

Summit Financial Group

Vici Properties

Vanguard Real Estate ETF

Whirlpool

The current bear market presents excellent buying opportunities for high-quality dividend stocks. Many stocks, especially dividend stocks, have dropped due to fear and uncertainty, creating attractive discounts and higher dividend yields. Investors should take advantage of the current market conditions to buy dividend stocks at higher yields and benefit from future dividend growth.

Use This Bear Market As A Passive Income Accelerator

McDonald's

Visa

Per the CPI, the purchasing power of the U.S. dollar has diminished by 3.6% in the past year. Visa, American Electric Power, and McDonald's have handed out dividend hikes ranging from 6% to 15.6% to shareholders in that time. Each company has a low payout ratio for its respective industry and enjoys an investment-grade credit rating from S&P.

Inflation Got You Down? Buy These 3 Undervalued Dividend Growth Stocks

COLUMBUS, Ohio , Oct. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was selected as the best and highest-rated internship in the energy and renewables industry in Vault's 2024 Internship Rankings. Vault surveyed more than 13,000 current and former interns from 145 internship programs this past summer and asked them to rate and review their own internship experience.

AEP SELECTED AS BEST INTERNSHIP IN ENERGY AND RENEWABLES INDUSTRY

Bristol-Myers

Enterprise Products Partners

Eversource Energy

Home Depot

L3Harris

Lowe's

SPDR S&P 500 ETF Trust

Tractor Supply

In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. I screened for high-quality stocks with superior growth and income prospects this month. Additionally, I screened for stocks trading below my risk-adjusted Buy Below prices. Of the 713 Dividend Radar stocks, only 18 survived this month's stringent screens.

10 Dividend Growth Stocks For October 2023

American Electric Power is one of the largest utilities in the U.S. serving 5.6 million customers across 11 states. AEP has underperformed the market in the past year due to concerns about inflation and customer demand. Despite these challenges, AEP has strong profitability and growth prospects, making it an attractive investment with a high dividend yield.

American Electric Power: Buy This Dividend Giant Before Everyone Else Does

This is a large cap electric utility with 5.6 million customers in 11 states. The current dividend is 4.46%, but an increase is expected in November; I estimate a 6.0% raise in line with forecasts. American Electric Power looks on track to meet its 6-7.0% EPS growth target for 2023.

American Electric Power: One Of The Best Buys In 2023's Devalued Utility Sector

Coca-Cola

PayPal

Long-term investing is a great way to build wealth, but first, you have to look for stocks to buy and hold forever. Forever is a long time, so it's worth considering how a business will fare in both good times and bad, as you're sure to see both.

3 Stocks to Buy and Hold for Your Whole Lifetime

COLUMBUS, Ohio , Oct. 24, 2023 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 88 cents a share on the company's common stock, an increase of 5 cents per share. The increase is in line with the company's 6% to 7% operating earnings growth range.

AEP INCREASES QUARTERLY DIVIDEND TO 88 CENTS A SHARE

COLUMBUS, Ohio , Oct. 19, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been selected for a $27.8 million federal grant under the U.S. Department of Energy's Grid Resilience and Innovation Partnerships (GRIP) program to help improve service and build a more modern, responsive electric grid for customers across its footprint. The grant will fund part of the cost to implement more advanced systems and new technologies that will enhance AEP's ability to reduce service interruptions and minimize the duration of outages through smart devices that optimize power delivery for customers.

AEP SELECTED TO RECEIVE FEDERAL GRANT TO ENHANCE GRID RELIABILITY

Enphase Energy

A signature achievement of the Inflation Reduction Act of 2022 was the billions of dollars in tax credits to promote clean energy projects. About $40 billion of those tax credits have been tapped to date.

Bullish on Clean Energy? Buy These 3 Clean Energy Stocks Now.

Brookfield Infrastructure Partners L.P.

Coterra Energy

Darden Restaurants

Exxon Mobil

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Exxon and Darden.

Top Wall Street analysts expect these dividend stocks to boost portfolio returns

Dominion Energy

Entergy

FirstEnergy

Goldman Sachs

PNC Financial Services

Truist Financial

U.S. Bancorp

Wells Fargo

Subscribers to  Chart of the Week  received this commentary on Sunday, October 1.

2 Sectors to Watch Before Halloween

Company reaffirms 2023 operating earnings guidance range of $5.19 to $5.39 per share, long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15% COLUMBUS, Ohio , Oct. 2, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced the appointment of Charles E. Zebula as executive vice president and chief financial officer, effective immediately.

AEP APPOINTS CHARLES E. ZEBULA CHIEF FINANCIAL OFFICER

Accenture Plc

American Tower

BancFirst

Fifteen long-term dividend growth companies, AbbVie among them, will announce their annual increases in October. Most of the increases will be in the single digit range, with 10%+ increases expected from A. O. Smith, Lincoln Electric and Waste Connections. Microsoft announced a 10% dividend increase in September, and we're still waiting for announcements from McDonald's and Lockheed Martin.

Dividend Growth Predictions For 15 Companies Announcing Annual Boosts In October

News for American Electric Power Company Stock (AEP)