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American Electric Power Company Inc Stock Research

AEP

71.84USD-3.38(-4.49%)Market Closed
Watchlist

Market Summary

USD71.84-3.38
Market Closed
-4.49%

AEP Stock Price

AEP RSI Chart

AEP Valuation

Market Cap

37.0B

Price/Earnings (Trailing)

18.65

Price/Sales (Trailing)

1.9

EV/EBITDA

10.57

Price/Free Cashflow

8.85

AEP Price/Sales (Trailing)

AEP Profitability

EBT Margin

10.42%

Return on Equity

8.37%

Return on Assets

2.1%

Free Cashflow Yield

11.3%

AEP Fundamentals

AEP Revenue

Revenue (TTM)

19.5B

Revenue Y/Y

-5.76%

Revenue Q/Q

-6.79%

AEP Earnings

Earnings (TTM)

2.0B

Earnings Y/Y

-0.9%

Earnings Q/Q

28.9%

Price Action

52 Week Range

71.0499.40
(Low)(High)

Last 7 days

-5.0%

Last 30 days

-5.3%

Last 90 days

-10.7%

Trailing 12 Months

-14.0%

AEP Financial Health

Current Ratio

0.62

AEP Investor Care

Dividend Yield

4.55%

Dividend/Share (TTM)

3.27

Shares Dilution (1Y)

0.25%

Diluted EPS (TTM)

3.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for AEP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-02
Beam Christian T
sold
-47,580
92.75
-513
executive vice president
2023-05-02
Feinberg David Matthew
sold
-149,884
92.75
-1,616
executive vice president
2023-05-02
Akins Nicholas K
sold
-973,040
92.75
-10,491
executive chair
2023-05-01
BUONAIUTO JOSPEH M
sold (taxes)
-18,344
92.65
-198
controller, chief actg officer
2023-05-01
Akins Nicholas K
sold (taxes)
-791,509
92.65
-8,543
executive chair
2023-05-01
Ulrich Phillip R.
sold (taxes)
10,562
92.65
114
senior vice president
2023-05-01
Beam Christian T
sold (taxes)
-22,513
92.65
-243
executive vice president
2023-05-01
Smyth Antonio P
sold (taxes)
-99,135
86.6569
-1,144
executive vice president
2023-05-01
Hall Greg B
sold (taxes)
-29,462
92.65
-318
executive vice president
2023-05-01
Zebula Charles E
sold (taxes)
-106,548
92.65
-1,150
executive vice president

1–10 of 50

Which funds bought or sold AEP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
BROOKFIELD Corp /ON/
reduced
-86.36
-141,077,000
20,386,400
0.08%
2023-09-21
Baystate Wealth Management LLC
reduced
-99.26
-36,695
257
-%
2023-09-20
BARCLAYS PLC
added
104
60,287,000
128,055,000
0.08%
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
reduced
-7.61
-72,845
429,420
0.18%
2023-09-12
Farther Finance Advisors, LLC
added
50.88
16,297
57,424
0.01%
2023-09-12
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
new
-
4,839,780
4,839,780
0.12%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-4,459
-
-%
2023-09-07
Strategic Financial Concepts, LLC
unchanged
-
-31,222
387,473
0.14%
2023-09-07
ST GERMAIN D J CO INC
new
-
484,150
484,150
0.03%
2023-09-01
Portside Wealth Group, LLC
new
-
551,089
551,089
0.10%

1–10 of 48

Latest Funds Activity

Are funds buying AEP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AEP
No. of Funds

Schedule 13G FIlings of American Electric Power Company

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.38%
48,176,777
SC 13G/A
Feb 06, 2023
state street corp
5.46%
28,082,231
SC 13G/A
Feb 03, 2023
blackrock inc.
8.4%
43,459,730
SC 13G/A
Mar 11, 2022
blackrock inc.
8.4%
42,180,106
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
1.6%
8,166,114
SC 13G/A
Feb 10, 2022
state street corp
5.07%
25,549,235
SC 13G/A
Feb 09, 2022
vanguard group inc
8.55%
43,072,334
SC 13G/A
Feb 08, 2022
blackrock inc.
8.4%
42,180,106
SC 13G
Feb 16, 2021
price t rowe associates inc /md/
6.1%
30,497,305
SC 13G
Feb 12, 2021
state street corp
4.89%
24,295,338
SC 13G/A

Recent SEC filings of American Electric Power Company

View All Filings
Date Filed Form Type Document
Oct 02, 2023
8-K
Current Report
Sep 19, 2023
8-K
Current Report
Aug 22, 2023
3
Insider Trading
Aug 21, 2023
8-K
Current Report
Aug 14, 2023
25-NSE
25-NSE
Jul 27, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading

AEP Fair Value

Loading...

Peers (Alternatives to American Electric Power Company)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
105.6B
26.9B
-14.61% -28.00%
13.03
3.92
54.09% 213.91%
37.0B
19.5B
-5.31% -13.97%
18.65
1.9
8.67% -22.96%
19.5B
12.7B
-9.73% -26.93%
16.43
1.54
15.62% -11.18%
18.8B
13.3B
-4.36% -8.96%
13.78
1.41
7.85% 11.40%
11.0B
8.0B
-13.00% -27.15%
18.84
1.36
7.92% -35.62%
MID-CAP
8.7B
30.4B
2.86% -0.91%
-4.21
0.28
5.56% -159.74%
8.1B
4.5B
-5.60% 12.69%
19.11
1.78
15.02% -25.26%
6.4B
3.1B
-3.03% -9.89%
14.55
2.03
10.79% -52.42%
4.5B
1.8B
-2.92% -6.28%
16.63
2.54
20.17% 13.21%
1.9B
641.5M
-9.16% 2.85%
20.98
2.89
10.61% 68.66%
1.3B
3.9B
-9.68% -63.40%
5.69
0.34
21.12% -4.51%
SMALL-CAP
680.8M
595.3M
-12.50% -8.99%
15.72
1.14
12.45% 5.87%
374.8M
361.4M
-6.89% 57.95%
5.77
1.04
16.69% -15.66%
1.1M
167.5M
-12.92% -15.47%
0.03
0.01
11.84% -6.17%

American Electric Power Company News

InvestorsObserver
Is it Time to Dump American Electric Power Company Inc (AEP) Stock After it Is Lower By 9.47% in a Week?.
InvestorsObserver,
7 hours ago
Investing.com

Returns for AEP

Cumulative Returns on AEP

9.2%


10-Year Cumulative Returns

5.6%


7-Year Cumulative Returns

4.3%


5-Year Cumulative Returns

0.4%


3-Year Cumulative Returns

Risks for AEP

What is the probability of a big loss on AEP?

38.5%


Probability that American Electric Power Company stock will be more than 20% underwater in next one year

18.1%


Probability that American Electric Power Company stock will be more than 30% underwater in next one year.

0%


Probability that American Electric Power Company stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AEP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if American Electric Power Company was unfortunately bought at previous high price.

Drawdowns

Financials for American Electric Power Company

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-1.4%19,47119,73819,64018,82017,91717,10416,79216,34115,78515,45214,91914,92415,17315,25215,56115,74715,76516,20416,19616,20515,977
Operating Expenses-0.8%16,40116,53816,15715,21414,13313,51413,38113,04312,65112,40611,93112,21212,44512,69712,96912,89813,20613,43913,51313,34312,808
EBITDA-100.0%-3,5543,8173,9104,0463,8853,7113,6333,5035,0354,9484,6494,6604,4964,5434,7844,488----
EBITDA Margin-100.0%-0.18*0.19*0.21*0.23*0.23*0.22*0.22*0.22*0.33*0.33*0.31*0.31*0.29*0.29*0.30*0.28*----
Interest Expenses8.8%1,6311,4981,3961,3051,2481,2221,1991,1841,1711,1641,1661,1681,1521,1091,0731,0331,0151,006984960927
Earnings Before Taxes-10.4%1,8412,0562,4202,6052,7982,6622,5122,4492,3312,2352,1461,8451,8721,7511,8352,1161,8372,0331,9742,1592,479
EBT Margin-100.0%-0.10*0.12*0.14*0.16*0.16*0.15*0.15*0.15*0.14*0.14*0.12*0.12*0.11*0.12*0.13*0.12*----
Net Income-0.2%1,9831,9882,3062,4612,5742,6272,4882,3842,3362,2762,1971,9151,9001,8451,9202,1321,9782,0491,9311,9681,945
Net Income Margin-100.0%-0.10*0.12*0.13*0.14*0.15*0.15*0.15*0.15*0.15*0.15*0.13*0.13*0.12*0.12*0.14*0.13*----
Free Cashflow-100.0%-4,3845,2885,6005,7875,5793,8403,8843,1312,9973,8333,8453,8783,6283,3523,9605,017----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.6%96,00294,51893,40391,24990,86189,83187,66986,33784,35882,98580,75778,68977,80577,72475,89273,90172,55070,72268,80367,61766,870
  Current Assets3.1%8,0417,7986,7769,3209,3718,2684,9845,7854,6064,2584,3524,3384,2735,2924,0784,1664,0613,9154,1144,6924,570
    Cash Equivalents-11.2%3053445095226217264511,4273603244384645051,671433490390363444938387
  Net PPE1.8%74,68173,34773,33969,81368,70867,87868,30466,69165,66564,69663,90262,78661,92761,04960,13858,69357,20355,96955,09953,35652,442
  Goodwill0%53.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.0053.00
Liabilities1.9%71,81470,49469,23566,66466,50165,73864,94563,73762,66361,71059,93857,98257,39457,59855,87153,76553,00151,37949,63548,47048,025
  Current Liabilities5.1%13,26712,62213,26611,83612,44813,56910,9069,95410,42910,2209,9279,04710,12211,65510,2998,6118,3577,9918,6498,4269,058
  Short Term Borrowings6.8%3,8683,6224,1122,7022,1303,3802,6142,5043,1283,0482,4792,3973,0774,4642,8382,5102,2771,8581,9102,2432,589
    LT Debt, Current16.4%3,3802,9052,4861,4042,4773,0082,3542,5222,4592,1302,0861,9122,1382,1101,5991,3281,2571,5291,6991,9042,281
    LT Debt, Non Current1.4%36,76236,23934,31533,64732,98330,85632,20432,05730,65930,21528,98628,15626,63825,78325,12724,55424,17422,89821,64820,87019,751
Shareholder's Equity-0.3%23,90123,96823,89324,27824,29724,03822,68022,52721,63021,22020,77520,63520,27820,00819,91319,99819,42319,22919,05919,04718,751
  Retained Earnings0.7%12,40612,31412,34612,39012,10911,98511,66711,52311,09910,89310,68810,62110,22210,0399,90110,0959,6949,5669,3259,2949,023
  Additional Paid-In Capital0.5%8,1118,0748,0518,0017,9847,9657,1737,0766,8006,7356,5896,5226,6036,5566,5366,4676,4556,4436,4866,4736,459
Accumulated Depreciation1.6%23,73423,36123,68222,29221,76321,29721,92121,87721,39220,91720,41120,11719,77719,36819,00818,76018,43918,18317,98617,84217,571
Shares Outstanding0.1%515514-514514506-501500497-496496495-494494493-493493
Minority Interest-3.2%22223022923424124724724925124722426927127928128116432.0031.0030.0029.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-4.7%4,1794,3845,2885,6005,7875,5793,8403,8843,1313,1003,8333,8424,2164,0784,2704,6415,0175,2295,2235,0794,560
Cashflow From Investing-10.1%-7,818-7,103-7,751-7,350-7,403-7,692-6,433-6,432-6,216-6,102-6,233-6,494-6,797-7,327-7,144-7,022-6,709-6,008-6,353-6,622-6,498
Cashflow From Financing41.1%3,3692,3882,5699011,8782,5152,6073,5122,9411,6552,4072,6262,6974,5582,8631,9341,6958261,1621,9901,981
  Dividend Payments1.6%1,7051,6781,6451,6091,5771,5461,5201,4921,4671,4331,4251,4041,3871,3801,3501,3351,3091,2831,2561,2391,221

AEP Income Statement

2023-06-30
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Revenue from Contracts with Customers$ 4,372.5$ 4,639.7$ 9,063.4$ 9,232.3
TOTAL REVENUES4,372.54,639.79,063.49,232.3
Expenses    
Other Operation631.2619.81,311.21,282.0
Maintenance340.0326.5657.3611.5
Loss On Expected Sale Of KPCo0.068.80.068.8
Gain on Sale of Mineral Rights0.0(116.3)0.0(116.3)
Depreciation and Amortization741.6802.61,517.11,595.0
Taxes Other Than Income Taxes360.4369.5755.3733.7
TOTAL EXPENSES3,497.83,635.37,483.97,239.8
OPERATING INCOME (LOSS)874.71,004.41,579.51,992.5
Other Income (Expense):    
Other Income14.4(12.7)29.1(10.4)
Allowance for Equity Funds Used During Construction41.028.672.359.6
Non-Service Cost Components of Net Periodic Benefit Cost55.247.1110.794.3
Interest Expense(460.0)(327.6)(875.7)(641.0)
INCOME BEFORE INCOME TAX EXPENSE AND EQUITY EARNINGS525.3739.8915.91,495.0
Income Tax Expense (Benefit)28.654.039.0106.8
Equity Earnings (Loss) of Unconsolidated Subsidiaries19.4(165.0)39.6(149.3)
Net Income (Loss)516.1520.8916.51,238.9
Net Income (Loss) Attributable to Noncontrolling Interests(5.1)(3.7)(1.7)(0.3)
Earnings Attributable to Common Shareholders$ 521.2$ 524.5$ 918.2$ 1,239.2
Earnings Per Share    
Weighted Average Number of Basic AEP Common Shares Outstanding514,879,144513,623,431514,529,837509,857,710
Total Basic Earnings Per Share Attributable to AEP Common Shareholders$ 1.01$ 1.02$ 1.78$ 2.43
Weighted Average Number of Diluted AEP Common Shares Outstanding516,242,919515,162,210515,922,446511,391,735
Total Diluted Earnings Per Share Attributable to AEP Common Shareholders$ 1.01$ 1.02$ 1.78$ 2.42
Common Stock, Dividends Per Share, Declared$ 0.83$ 0.78  
Acquisition Of Nuclear Fuel Included In Current Liabilities  $ (36.0)$ 0.0
Cash Flow Hedges, Tax$ 9.3$ 35.2(31.2)101.1
Amortization of Pension and OPEB Deferred Costs, Tax(0.8)(3.1)(5.1)(3.7)
Related Party    
Revenues    
Revenue from Contracts with Customers0.00.00.00.0
Vertically Integrated Utilities [Member]    
Revenues    
Revenue from Contracts with Customers2,629.02,595.05,445.35,241.8
Transmission and Distribution Utilities [Member]    
Revenues    
Revenue from Contracts with Customers1,330.81,296.82,786.12,539.0
Generation and Marketing [Member]    
Revenues    
Revenue from Contracts with Customers318.2654.4645.11,263.9
Other Revenues [Member]    
Revenues    
Revenue from Contracts with Customers94.593.5186.9187.6
TOTAL REVENUES(128.8)[1]135.7[2],[3](258.7)[4],[5]301.1[6],[7]
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation [Member]    
Expenses    
Cost of Goods and Services Sold1,424.61,564.43,131.03,065.1
AEP Texas Inc. [Member]    
Revenues    
TOTAL REVENUES461.2478.8890.7895.5
Expenses    
Other Operation93.9142.0240.8267.8
Maintenance26.324.850.747.4
Depreciation and Amortization114.9116.2225.9225.0
Taxes Other Than Income Taxes44.843.088.380.3
TOTAL EXPENSES279.9326.0605.7620.5
OPERATING INCOME (LOSS)181.3152.8285.0275.0
Other Income (Expense):    
Interest Income0.61.31.01.4
Allowance for Equity Funds Used During Construction5.33.711.68.0
Non-Service Cost Components of Net Periodic Benefit Cost4.84.19.68.3
Interest Expense(56.3)(52.3)(113.2)(97.8)
INCOME BEFORE INCOME TAX EXPENSE AND EQUITY EARNINGS135.7109.6194.0194.9
Income Tax Expense (Benefit)26.619.637.335.3
Net Income (Loss)109.190.0156.7159.6
Earnings Per Share    
Cash Flow Hedges, Tax0.80.00.80.1
Amortization of Pension and OPEB Deferred Costs, Tax0.00.0(0.1)0.0
AEP Texas Inc. [Member] | Related Party    
Revenues    
Revenue from Contracts with Customers1.30.82.51.7
AEP Texas Inc. [Member] | Transmission and Distribution Utilities [Member]    
Revenues    
Revenue from Contracts with Customers459.4476.9887.1891.6
AEP Texas Inc. [Member] | Other Revenues [Member]    
Revenues    
Revenue from Contracts with Customers0.51.11.12.2
TOTAL REVENUES0.0[8]0.0[9]0.0[10]0.0[11]
AEP Transmission Co [Member]    
Revenues    
Provision for Refund Affiliated(8.3)(46.8)(13.1)(56.4)
Provision for Refund-Nonaffiliated(2.8)(8.3)(3.8)(10.3)
TOTAL REVENUES444.9364.4886.5764.8
Expenses    
Other Operation26.429.655.455.1
Maintenance4.33.89.27.1
Depreciation and Amortization96.485.7191.6168.8
Taxes Other Than Income Taxes68.068.7142.8134.3
TOTAL EXPENSES195.1187.8399.0365.3
OPERATING INCOME (LOSS)249.8176.6487.5399.5
Other Income (Expense):    
Interest Income2.60.24.10.3
Allowance for Equity Funds Used During Construction23.115.339.530.9
Interest Expense(50.7)(39.3)(95.9)(77.0)
INCOME BEFORE INCOME TAX EXPENSE AND EQUITY EARNINGS224.8152.8435.2353.7
Income Tax Expense (Benefit)49.134.396.879.8
Net Income (Loss)175.7118.5338.4273.9
Earnings Per Share    
Revenues from Related Parties, Net of Provisions for Refund357.5287.1710.1602.5
AEP Transmission Co [Member] | Related Party    
Revenues    
Revenue from Contracts with Customers365.8333.9723.2658.9
AEP Transmission Co [Member] | AEPTCo Parent [Member]    
Revenues    
Revenue from Contracts with Customers0.00.00.00.0
TOTAL REVENUES0.00.00.00.0
Other Income (Expense):    
Net Income (Loss)[12]1.50.12.60.1
AEP Transmission Co [Member] | AEPTCo Parent [Member] | Related Party    
Revenues    
Revenue from Contracts with Customers0.00.00.00.0
AEP Transmission Co [Member] | State Transcos [Member]    
Revenues    
TOTAL REVENUES444.9364.4886.5764.8
Other Income (Expense):    
Net Income (Loss)174.2118.4335.8273.8
AEP Transmission Co [Member] | State Transcos [Member] | Related Party    
Revenues    
Revenue from Contracts with Customers357.5287.1710.1602.5
AEP Transmission Co [Member] | Transmission [Member]    
Revenues    
Revenue from Contracts with Customers90.285.6180.2172.6
Earnings Per Share    
Revenue from Contract with Customers, Net of Provisions for Refund, Including Assessed Tax87.477.3176.4162.3
AEP Transmission Co [Member] | Transmission [Member] | State Transcos [Member]    
Revenues    
Revenue from Contracts with Customers87.477.3176.4162.3
AEP Transmission Co [Member] | Other Revenues [Member]    
Revenues    
TOTAL REVENUES0.0[8]0.0[9]0.0[10]0.0[11]
Appalachia

AEP Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets  
Cash and Cash Equivalents$ 304.9$ 509.4
Restricted Cash45.847.1
Other Temporary Investments202.5187.6
Accounts Receivable:  
Accounts Receivable and Accrued Unbilled Revenues990.81,145.1
Accrued Unbilled Revenues179.2322.9
Pledged Accounts Receivable - AEP Credit1,226.61,207.4
Miscellaneous47.949.7
Allowance for Uncollectible Accounts(58.6)(57.1)
Total Accounts Receivable2,385.92,668.0
Fuel705.9435.1
Materials and Supplies975.9915.1
Risk Management Assets279.5348.8
Accrued Tax Benefits191.899.4
Assets Held for Sale1,382.80.0
Regulatory Asset for Under-Recovered Fuel Costs1,256.41,310.0
Prepayments and Other Current Assets309.9255.0
TOTAL CURRENT ASSETS8,041.36,775.5
Property, Plant and Equipment  
Generation24,113.525,834.2
Transmission34,145.533,266.9
Distribution28,033.827,138.8
Other Property, Plant and Equipment6,187.65,971.8
Construction Work in Progress5,935.44,809.7
Total Property, Plant and Equipment98,415.897,021.4
Accumulated Depreciation and Amortization23,734.423,682.3
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET74,681.473,339.1
Other Noncurrent Assets  
Regulatory Assets4,672.84,762.0
Securitized Assets394.3446.0
Spent Nuclear Fuel and Decommissioning Trusts3,648.83,341.2
Goodwill52.552.5
Long-term Risk Management Assets266.8284.1
Operating Lease Assets634.1645.5
Deferred Charges and Other Noncurrent Assets3,610.13,757.4
TOTAL OTHER NONCURRENT ASSETS13,279.413,288.7
TOTAL ASSETS96,002.1[1]93,403.3
Current Liabilities  
Accounts Payable2,433.92,670.8
Short-term Debt:  
Securitized Debt for Receivables - AEP Credit[2]750.0750.0
Other Short-term Debt3,117.63,362.2
Total Short-term Debt3,867.64,112.2
Long-term Debt Due Within One Year3,380.32,486.4
Risk Management Liabilities176.2145.2
Customer Deposits382.2408.8
Accrued Taxes1,366.51,714.6
Accrued Interest402.9336.5
Obligations Under Operating Leases116.6113.6
Liabilities Held for Sale64.80.0
Other Liabilities, Current1,076.11,278.2
TOTAL CURRENT LIABILITIES13,267.113,266.3
Noncurrent Liabilities  
Long-term Debt36,762.034,314.6
Deferred Income Tax Liabilities, Net9,157.78,896.9
Long-term Risk Management Liabilities275.3345.2
Regulatory Liabilities and Deferred Investment Tax Credits8,121.18,115.6
Asset Retirement Obligations2,879.92,879.3
Employee Benefits and Pension Obligations248.9257.3
Obligations Under Operating Leases533.6552.5
Deferred Credits and Other Noncurrent Liabilities568.2607.3
TOTAL NONCURRENT LIABILITIES58,546.755,968.7
TOTAL LIABILITIES71,813.869,235.0
Rate Matters
Commitments and Contingencies
Contingently Reedemable Performance Share Awards64.745.9
Total Mezzanine Equity64.745.9
Equity  
Common Stock3,421.53,413.1
Paid-in Capital8,110.88,051.0
Retained Earnings12,405.512,345.6
Accumulated Other Comprehensive Income (Loss)(36.4)83.7
TOTAL COMMON SHAREHOLDER'S EQUITY23,901.423,893.4
Noncontrolling Interests222.2229.0
TOTAL EQUITY24,123.624,122.4
TOTAL LIABILITIES AND EQUITY$ 96,002.1$ 93,403.3
Common Stock, No Par Value$ 6.50$ 6.50
Common Stock, Shares Authorized600,000,000600,000,000
Common Stock, Shares, Issued526,387,081525,099,321
Treasury Stock, Shares11,233,24011,233,240
Commodity [Member]  
Equity  
Cross Default Provisions Maximum Third Party Obligation Amount$ 50.0 
Subsidiaries [Member]  
Current Assets  
Restricted Cash45.8$ 47.1
Other Temporary Investments190.9182.9
Short-term Debt:  
Long-term Debt Due Within One Year196.2218.2
Noncurrent Liabilities  
Long-term Debt591.3755.3
AEP Texas Inc. [Member]  
Current Assets  
Cash and Cash Equivalents0.10.1
Restricted Cash30.732.7
Accounts Receivable:  
Accounts Receivable and Accrued Unbilled Revenues173.2150.9
Accrued Unbilled Revenues91.691.4
Miscellaneous0.50.2
Allowance for Uncollectible Accounts(4.9)(4.2)
Total Accounts Receivable283.3250.2
Materials and Supplies157.3138.8
Prepayments and Other Current Assets8.918.2
TOTAL CURRENT ASSETS487.2446.9
Property, Plant and Equipment  
Transmission6,487.96,301.5
Distribution5,572.75,312.8
Other Property, Plant and Equipment1,098.31,022.8
Construction Work in Progress984.9805.2
Total Property, Plant and Equipment14,143.813,442.3
Accumulated Depreciation and Amortization1,829.11,760.7
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET12,314.711,681.6
Other Noncurrent Assets  
Regulatory Assets326.5298.3
Securitized Assets247.8286.4
Deferred Charges and Other Noncurrent Assets238.2179.0
TOTAL OTHER NONCURRENT ASSETS812.5763.7
TOTAL ASSETS13,614.412,892.2
Current Liabilities  
Accounts Payable247.2331.0
Short-term Debt:  
Long-term Debt Due Within One Year154.7278.5
Accrued Taxes138.795.5
Accrued Interest50.548.3
Obligations Under Operating Leases29.828.6
Other Liabilities, Current132.6130.7
TOTAL CURRENT LIABILITIES923.71,043.8
Noncurrent Liabilities  
Long-term Debt5,782.85,379.3
Deferred Income Tax Liabilities, Net1,180.31,144.2
Regulatory Liabilities and Deferred Investment Tax Credits1,250.61,259.6
Obligations Under Operating Leases59.267.8
Deferred Credits and Other Noncurrent Liabilities83.293.2
TOTAL NONCURRENT LIABILITIES8,356.17,944.1
TOTAL LIABILITIES9,279.88,987.9
Rate Matters
Commitments and Contingencies
Equity  
Paid-in Capital1,829.21,558.2
Retained Earnings2,511.42,354.7
Accumulated Other Comprehensive Income (Loss)(6.0)(8.6)
TOTAL EQUITY4,334.63,904.3
TOTAL LIABILITIES AND EQUITY13,614.412,892.2
AEP Texas Inc. [Member] | Related Party  
Current Assets  
Advances to Affiliates6.96.9
Accounts Receivable:  
Affiliated Companies - Contracts with Customers22.911.9
Current Liabilities  
Advances From Affiliates135.996.5
Accounts Payable34.334.7
AEP Texas Inc. [Member] | AEP Texas Transition Funding and Restoration Funding [Member]  
Current Assets  
Restricted Cash30.732.7
Other Noncurrent Assets  
Securitized Assets247.8286.4
Short-term Debt:  
Long-term Debt Due Within One Year94.793.5
Accrued Interest2.12.2
Noncurrent Liabilities  
Long-term Debt177.0221.0
AEP Transmission Co [Member]  
Current Assets  
Cash and Cash Equivalents0.00.0
Accounts Receivable:  
Accounts Receivable and Accrued Unbilled Revenues91.146.9
Total Accounts Receivable270.5166.4
Materials and Supplies15.510.7
Prepayments and Other Current Assets1.87.2
TOTAL CURRENT ASSETS367.2188.7
Property, Plant and Equipment  
Transmission12,780.012,335.4
Other Property, Plant and Equipment489.6476.8
Construction Work in Progress1,918.91,554.7
Total Property, Plant and Equipment15,188.514,366.9
Accumulated Depreciation and Amortization1,150.81,027.0
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET14,037.713,339.9
Other Noncurrent Assets  
Regulatory Assets5.87.2
Deferred Property Taxes155.9266.6
Deferred Charges and Other Noncurrent Assets9.911.8
TOTAL OTHER NONCURRENT ASSETS171.6285.6
TOTAL ASSETS14,576.513,814.2
Current Liabilities  
Accounts Payable387.4427.8
Short-term Debt:  
Long-term Debt Due Within One Year60.060.0
Accrued Taxes392.4529.8
Accrued Interest40.128.8
Obligations Under Operating Leases1.41.3
Other Liabilities, Current12.38.3
TOTAL CURRENT LIABILITIES1,072.91,368.0
Noncurrent Liabilities  
Long-term Debt5,413.04,722.8
Deferred Income Tax Liabilities, Net1,107.31,056.5
Regulatory Liabilities and Deferred Investment Tax Credits768.9723.3
Obligations Under Operating Leases1.81.5
Deferred Credits and Other Noncurrent Liabilities69.869.1
TOTAL NONCURRENT LIABILITIES7,360.86,573.2
TOTAL LIABILITIES8,433.77,941.2
Rate Matters
Commitments and Contingencies
Equity  
Paid-in Captial3,038.73,022.3
Retained Earnings3,104.12,850.7
TOTAL MEMBER'S EQUITY6,142.85,873.0
TOTAL LIABILITIES AND EQUITY14,576.513,814.2
AEP Transmission Co [Member] | Related Party  
Current Assets  
Advances to Affiliates79.44.4
Accounts Receivable:  
Affiliated Companies - Contracts with Customers179.4119.5
Current Liabilities  
Advances From Affiliates74.4229.3
Accounts Payable104.982.7
Appalachian Power Co [Member]  
Current Assets  
Cash and Cash Equivalents6.87.5
Restricted Cash15.114.4
Accounts Receivable:  
Accounts Receivable and Accrued Unbilled Revenues138.1168.9
Accrued Unbilled Revenues35.691.3
Miscellaneous0.50.3
Allowance for Uncollectible Accounts(1.6)(1.7)
Total Accounts Receivable294.1352.8
Fuel267.1158.9
Materials and Supplies136.5130.6
Risk Management Assets39.269.1
Regulatory Asset for Under-Recovered Fuel Costs586.0473.1
Prepayments and Other Current Assets28.933.4
TOTAL CURRENT ASSETS1,392.61,259.6
Property, Plant and Equipment  
Generation6,903.06,776.8
Transmission4,536.94,482.8
Nicholas K. Akins
16700
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

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