American Electric Power Company (NASDAQ: AEP) — Company Overview, News & Financial Data
American Electric Power (NASDAQ:AEP) is a utility firm that generates, transmits, and distributes electricity to over five million customers across
American Electric Power Company
American Electric Power Company is a public utility holding company that operates electric transmission and distribution networks in the United States. Through its regulated utility subsidiaries—including Appalachian Power, Indiana Michigan Power, Kentucky Power, Ohio Power, Public Service Company of Oklahoma, Southwestern Electric Power, and AEP Texas—the company generates, transmits, and distributes electric power to more than five million customers across 11 states. Its operations encompass power generation facilities utilizing coal, natural gas, nuclear, and renewable energy sources, as well as high-voltage transmission lines and regional power infrastructure supporting retail and wholesale energy markets.
Snapshot
Operations
Products and/or services of American Electric Power Company
- Vertically Integrated Electric Utilities: Operation of regulated electric utility companies providing electricity generation, transmission, and distribution services to 5.6 million residential, commercial, and industrial customers across Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia.
- Transmission and Distribution Services: Delivery of electric power through regulated transmission lines and distribution networks operated by regional subsidiaries, focusing on grid maintenance, metering, outage recovery, and infrastructure connection for commercial, industrial, and residential end users.
- High-Voltage Grid Infrastructure: Construction, ownership, and operation of 40,000 miles of high-voltage transmission assets, including 765-kilovolt lines and regional substations that move bulk electricity across Eastern and Midwestern power wholesale markets.
- Power Generation Assets: Ownership and operation of power generation assets encompassing nuclear, natural gas, coal, hydro, and solar capacity, including the Donald C. Cook Nuclear Plant, supplying wholesale power to regional transmission networks.
- Competitive Energy Solutions: Provision of competitive electricity supply, natural gas contracts, renewable power purchase agreements, and customized energy management solutions to commercial, industrial, and institutional customers in deregulated energy markets.
- Grid Expansion Projects: Implementation of multi-billion-dollar capital investments in transmission line buildouts, system safety, substation transformer upgrades, interconnects for large-scale data center facilities, and renewable energy integration projects across regional operating territories.
American Electric Power Company executive team
- William J. FehrmanChairman, President & CEO
- Trevor Ian MihalikExecutive VP & CFO
- Robert B. BerntsenExecutive VP, General Counsel & Secretary
- Douglas A. CannonPresident of AEP Transmission
- Kate DixonSenior VP, Controller & Chief Accounting Officer
- Johannes G. EckertExecutive VP and Chief Information & Technology Officer
- Andy GurgolVice President of Investor Relations
- Chris BrathwaiteVP & Chief Communications Officer
- Phillip R. UlrichExecutive VP & Chief Human Resources Officer
- Quinton LiesInterim President of Nuclear Development
Dividend history
Dividends per share paid by American Electric Power Company, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $3.8200 |
| FY2025 | — | — | — | $3.7400 |
| FY2024 | — | — | — | $3.5700 |
| FY2023 | — | — | — | $3.3700 |
| FY2022 | — | — | — | $0.8300 |
Key financials
Reported results for American Electric Power Company, in USD.
- Market cap
- 69B
- Revenue (TTM)
- 23.6B
- P/E ratio
- 20.7
- EPS (diluted, TTM)
- 6.1
- Dividend yield
- 2.9%
- Profit margin
- 14.2%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 21.8B | 5.3B | 3.6B | |
| 19.9B | 4.8B | 3B | |
| 19.4B | 4.1B | 2.2B | |
| 19.3B | 3.4B | 2.3B |