CSIMarket
 


American Electric Power Co Inc   (AEP)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


American Electric Power Co Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is American Electric Power Co Inc 's ROA in the fourth quarter of 2023?
American Electric Power Co Inc achieved a return on average assets (ROA) of 2.31 % in its fourth quarter of 2023, which is below American Electric Power Co Inc 's average return on assets, which stands at 2.76%.

ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.

However, within the Utilities sector 60 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 1232, from total ROA ranking in the third quarter of 2023 at 1743.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 3.44 % 4.25 % 5.66 % 5.22 % 6.62 %
Y / Y Net Income Change -11.89 % 40.25 % -0.9 % -44.24 % -28.82 %
Net Income (TTM) in million 2,213 2,258 1,983 1,988 2,306
Return On Assets (TTM) 2.31 % 2.38 % 2.11 % 2.15 % 2.52 %
AEP's Total Ranking # 1232 # 1743 # 1882 # 1904 # 2139
Total Assets (TTM) in million 96,684 95,126 96,002 94,518 93,469
Seq. Total Assets Change 1.64 % -0.91 % 1.57 % 1.12 % 2.43 %
Seq. Net Income Change -64.75 % 85.68 % 28.9 % 4.43 % -43.89 %



Return On Assets Company Ranking
Within: No.
Industry # 29
Sector # 61
Overall # 1229

Return On Assets Statistics
High Average Low
3.82 %
2.76 %
0.93 %
(March 31, 2012)   (Jun 30 2017)





Financial Statements
American Electric Power Co Inc 's Assets $ 96,684 million AEP's Balance sheet
American Electric Power Co Inc 's Income $ 338 million Quarterly AEP's Income Statement
AEP's Income by Division See AEP's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 3.44 % 6.62 % 8.56 % 6.41 % 10.3 %
Total Assets in million 96,684 93,469 87,669 80,757 75,892
Y / Y Net Income Change -4.03 % -7.33 % 13.27 % 14.42 % -0.6 %
Net Income in million 2,213 2,306 2,488 2,197 1,920
Return On Assets 2.29 % 2.47 % 2.84 % 2.72 % 2.53 %




Comment on AEP's ROA in the fiscal year ending 2023
In the fiscal year 2023 American Electric Power Co Inc 's ROA decreased compared to previous year to 2.29 %, due to deterioration of net income -4.03 % to $2,212.60 million, from $2,305.60 million a year ago, as AEP's assets were $96,684.00 million.


More Return On Assets Ratios
AEP's' Return on Assets at Yahoo Finance
Electric Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
AEP's Roa Ratio versus Electric Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for AEP's Competitors
Roa for American Electric Power Co Inc 's Suppliers
Return On Assets for AEP's Customers

You may also want to know
AEP's Roi AEP's Inventory Turnover Ratio AEP's Growth Rates AEP's Dividend Comparisons
AEP's Profitability Ratios AEP's Asset Turnover Ratio AEP's Dividend Growth
AEP's Roe AEP's Valuation Ratios AEP's Financial Strength Ratios AEP's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Utilities Sector ROA
Kinetik Holdings Inc   6.15 %
American States Water Company  5.78 %
Plains All American Pipeline Lp  5.49 %
Public Service Enterprise Group Incorporated  5.15 %
Pure Cycle Corporation  5.04 %
Plains Gp Holdings Lp  4.98 %
Energy Transfer Lp  4.91 %
Northwest Natural Holding Company  4.72 %
Vistra Corp   4.72 %
Dt Midstream Inc   4.46 %
Rgc Resources Inc   4.32 %
Sempra  4.30 %
Equitrans Midstream Corporation  4.15 %
Enlink Midstream Llc  4.15 %
Atmos Energy Corp  4.15 %
Archrock inc  3.95 %
Entergy Corporation  3.95 %
Consolidated Edison Inc   3.91 %
Wisconsin Public Service Corporation  3.78 %
Nextera Energy Inc  3.68 %
New Jersey Resources Corporation  3.68 %
Kinder Morgan Inc   3.58 %
Chesapeake Utilities Corporation  3.51 %
Alliant Energy Corp  3.40 %
Hydro One Inc   3.37 %
Idacorp Inc   3.22 %
Dte Energy Co  3.21 %
American Water Works Company Inc   3.20 %
Wisconsin Electric Power Company  3.13 %
One Gas Inc   3.09 %


Date modified: 2024-02-27T11:54:15+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com