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American Electric Power Co Inc   (NASDAQ: AEP)
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $124.5000 $-0.21 -0.168%
Day's High: $125.5 Week Perf: 1.69 %
Day's Low: $ 124.00 30 Day Perf: -0.61 %
Volume (M): 3,148,800 52 Wk High: $ 140.58
Volume (M$): $ 0 52 Wk Avg: $124.52
Open: $124.18 52 Wk Low: $105.70



 Market Capitalization (Millions $) 68,108
 Shares Outstanding (Millions) 547
 Employees 17,581
 Revenues (TTM) (Millions $) 22,433
 Net Income (TTM) (Millions $) 3,797
 Cash Flow (TTM) (Millions $) 47
 Capital Exp. (TTM) (Millions $) 13,601

Business Description


American Electric Power Co Inc. (AEP) Overview:

American Electric Power Co Inc. (AEP) is a major public utility holding company based in the United States. It was established in 1906 and reorganized in 1925. AEP is a registered public utility holding company under the Public Utility Holding Company Act (PUHCA) and owns, both directly and indirectly, all of the outstanding common stock of its public utility subsidiaries, along with various percentages of other subsidiaries.

Service Areas:

AEPs public utility subsidiaries operate across several states, including:

- Arkansas
- Indiana
- Kentucky
- Louisiana
- Michigan
- Ohio
- Oklahoma
- Tennessee
- Texas
- Virginia
- West Virginia

These subsidiaries provide an integrated system of generation, transmission, and distribution of electric power. They are interconnected, allowing for coordinated operations within the AEP System. The transmission networks connect with extensive distribution facilities to deliver services efficiently.

Business Structure:

AEP operates as an integrated electric utility system, with its member companies having contractual and financial relationships. The member companies share services such as accounting, administration, information systems, and legal support from a consolidated provider, AEP Service Corporation (AEPSC).

Public Utility Subsidiaries:

The subsidiaries of AEP with their respective functions include:

- APCo (Appalachian Power Company): Serving about 929,000 retail customers in southwestern Virginia and southern West Virginia.
- CSPCo (Columbus Southern Power Company): Serving approximately 698,000 retail customers in Ohio.
- I&M (Indiana Michigan Power Company): Serving around 575,000 retail customers in northern and eastern Indiana and southwestern Michigan.
- KPCo (Kentucky Power Company): Serving about 175,000 retail customers in eastern Kentucky.
- Kingsport Power Company: Serving approximately 46,000 retail customers in Kingsport, Tennessee.
- OPCo (Ohio Power Company): Serving about 704,000 retail customers in various regions of Ohio.
- PSO (Public Service Company of Oklahoma): Serving approximately 505,000 retail customers in Oklahoma.
- SWEPCo (Southwestern Electric Power Company): Serving around 439,000 retail customers in Texas, Louisiana, and Arkansas.
- TCC (Texas Central Company): Serving about 711,000 retail customers in southern Texas through retail electric providers (REPs).
- TNC (Texas New Mexico Company): Serving around 190,000 retail customers in central and west Texas through REPs.
- Wheeling Power Company: Serving approximately 41,000 retail customers in northern West Virginia.

Electric Generation and Wholesale Marketing:

Several AEP subsidiaries also engage in wholesale electricity marketing and supply, which involves selling electric power to other utilities, municipalities, and market participants.

Service Company Operations:

AEPSC plays a crucial role within AEP, providing essential corporate services, including accounting, legal, financial, and engineering support across the AEP System.

Overall, American Electric Power Co Inc. is positioned as a significant player in the U.S. electric utility sector, catering to millions of customers across multiple states while navigating regulatory environments and a transition to potentially more diversified energy sources.


   Company Address: 1 Riverside Plaza, Columbus, 43215 OH
   Company Phone Number: 716-1000   Stock Exchange / Ticker: NASDAQ AEP


Customers Net Income grew by AEP's Customers Net Profit Margin grew to

36.86 %

12.11 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CEG        8.03% 
DUK   -0.02%    
EXC   -0.66%    
NRG        7.11% 
SO   -0.16%    
XEL   -0.95%    
• View Complete Report
   



Personnel Announcements

AEP Announces CEO Transition and Promising ROI Growth in Q3 2023

Published Mon, Feb 26 2024 9:30 PM UTC



American Electric Power (AEP) has recently made important personnel changes with the appointment of Benjamin G.S. Fowke III as Interim CEO and President. Furthermore, AEP has witnessed a significant improvement in its return on investment (ROI) during the third quarter of 2023. This article will delve into these developments and their implications for the company.<...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 18.36
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 3.04
Price to Sales (Expected) -
Price to Book 2.07
PEG (TTM) 0.6

Financial Strength Current
Quick Ratio 0.04
Working Capital Ratio 0.53
Leverage Ratio (MRQ) 2.61
Total Debt to Equity 1.55
Interest Coverage (TTM) -
Debt Coverage (TTM) 0.08

Per Share Current
Earnings (TTM) 6.78 $
Revenues (TTM) 41.01 $
Cash Flow (TTM) 0.09 $
Cash 1 $
Book Value 60.28 $
Dividend (TTM) 3.76 $

Efficiency Current
Revenue per Employee (TTM) 1,275,957
Net Income per Employee (TTM) 215,960
Receivable Turnover Ratio (TTM) 5.52
Inventory Turnover Ratio (TTM) 12.37
Asset Turnover Ratio (TTM) 0.18

Profitability Ratios Current
Gross Margin (MRQ) 64.82 %
Operating Margin (MRQ) 22.59 %
Net Margin (MRQ) 15 %
Net Cash Flow Margin (MRQ) 1.18 %
Effective Tax Rate (TTM) 1.26 %

Management Effectiveness Current
Return On Assets (TTM) 3.03 %
Return On Investment (TTM) 3.75 %
Return On Equity (TTM) 11.9 %
Dividend Yield 3.06 %
Pay out Ratio (TTM) 55.46 %



American Electric Power Co Inc's Segments
FERC 2021 PJM and SPP Transmission Formula Rate Challenge    0.81 % of total Revenue
Appalachian Power Company    19.39 % of total Revenue
Indiana Michigan Power Company    15.56 % of total Revenue
Nonrelated Party    100 % of total Revenue
Related Party    9.67 % of total Revenue
Corporate and Other    0.51 % of total Revenue
Corporate and Other Nonrelated Party    0.05 % of total Revenue
Corporate and Other Related Party    0.47 % of total Revenue
Reconciling Adjustments    -9.92 % of total Revenue
Reconciling Adjustments Related Party    -10.13 % of total Revenue
VIU    57.21 % of total Revenue
VIU Nonrelated Party    55.9 % of total Revenue
VIU Related Party    1.25 % of total Revenue
T D    26.73 % of total Revenue
T D Nonrelated Party    26.48 % of total Revenue
T D Related Party    0.25 % of total Revenue
AEPTHCo    9.93 % of total Revenue
AEPTHCo Nonrelated Party    2.11 % of total Revenue
AEPTHCo Related Party    7.82 % of total Revenue
G M    15.81 % of total Revenue
G M Nonrelated Party    15.47 % of total Revenue
G M Related Party    0.35 % of total Revenue
AEP TRANSMISSION COMPANY LLC    9.6 % of total Revenue
AEP TRANSMISSION COMPANY LLC Nonrelated Party    1.83 % of total Revenue
AEP TRANSMISSION COMPANY LLC Affiliated Entity    7.77 % of total Revenue
State Transcos AEP TRANSMISSION COMPANY LLC    9.6 % of total Revenue
State Transcos AEP TRANSMISSION COMPANY LLC Nonrelated Party    1.83 % of total Revenue
State Transcos AEP TRANSMISSION COMPANY LLC Affiliated Entity    7.77 % of total Revenue
OHIO POWER COMPANY    18.02 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA    7.29 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY    9.49 % of total Revenue
Total Retail    69.04 % of total Revenue
Residential    34.83 % of total Revenue
Commercial    20.07 % of total Revenue
Industrial    12.91 % of total Revenue
Other Retail    1.23 % of total Revenue
Total Wholesale and Competitive Retail    26.69 % of total Revenue
Generation    6.88 % of total Revenue
Transmission    7.38 % of total Revenue
Retail Trading and Marketing    12.44 % of total Revenue
Other    1.69 % of total Revenue
Total Other    1.64 % of total Revenue
Alternative Revenue Programs    -0.05 % of total Revenue
AEP TEXAS INC    8.74 % of total Revenue
AEP TEXAS INC Total Retail    5.32 % of total Revenue
AEP TEXAS INC Residential    2.62 % of total Revenue
AEP TEXAS INC Commercial    1.89 % of total Revenue
AEP TEXAS INC Industrial    0.61 % of total Revenue
AEP TEXAS INC Other Retail    0.18 % of total Revenue
AEP TEXAS INC Total Wholesale and Competitive Retail    3.09 % of total Revenue
AEP TEXAS INC Transmission    3.09 % of total Revenue
AEP TEXAS INC Other    0.33 % of total Revenue
AEP TEXAS INC Total Other    -0.03 % of total Revenue
AEP TEXAS INC Alternative Revenue Programs    -0.03 % of total Revenue
AEP TRANSMISSION COMPANY LLC Total Wholesale and Competitive Retail    9.37 % of total Revenue
AEP TRANSMISSION COMPANY LLC Transmission    9.37 % of total Revenue
AEP TRANSMISSION COMPANY LLC Transmission Revenues Related Party    7.54 % of total Revenue
AEP TRANSMISSION COMPANY LLC Other    0.1 % of total Revenue
AEP TRANSMISSION COMPANY LLC Total Other    0.13 % of total Revenue
AEP TRANSMISSION COMPANY LLC Alternative Revenue Programs    0.13 % of total Revenue
APPALACHIAN POWER COMPANY Total Retail    16.51 % of total Revenue
APPALACHIAN POWER COMPANY Residential    9.78 % of total Revenue
APPALACHIAN POWER COMPANY Commercial    3.21 % of total Revenue
APPALACHIAN POWER COMPANY Industrial    3.09 % of total Revenue
APPALACHIAN POWER COMPANY Other Retail    0.43 % of total Revenue
APPALACHIAN POWER COMPANY Total Wholesale and Competitive Retail    2.57 % of total Revenue
APPALACHIAN POWER COMPANY Generation    1.56 % of total Revenue
APPALACHIAN POWER COMPANY Generation Revenues Related Party    0.91 % of total Revenue
APPALACHIAN POWER COMPANY Transmission    1.01 % of total Revenue
APPALACHIAN POWER COMPANY Transmission Revenues Related Party    0.55 % of total Revenue
APPALACHIAN POWER COMPANY Other    0.28 % of total Revenue
APPALACHIAN POWER COMPANY Total Other    0.02 % of total Revenue
APPALACHIAN POWER COMPANY Alternative Revenue Programs    0.02 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Total Retail    10.65 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Residential    4.04 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Commercial    4.17 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Industrial    2.43 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Other Retail    0.02 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Total Wholesale and Competitive Retail    4.45 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Generation    4.27 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Transmission    0.18 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Other    -0.1 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Other Revenues Related Party    0.28 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Total Other    -0.07 % of total Revenue
INDIANA MICHIGAN POWER COMPANY Alternative Revenue Programs    0.03 % of total Revenue
OHIO POWER COMPANY Total Retail    16.03 % of total Revenue
OHIO POWER COMPANY Residential    9.55 % of total Revenue
OHIO POWER COMPANY Commercial    4.9 % of total Revenue
OHIO POWER COMPANY Industrial    1.51 % of total Revenue
OHIO POWER COMPANY Other Retail    0.07 % of total Revenue
OHIO POWER COMPANY Total Wholesale and Competitive Retail    0.47 % of total Revenue
OHIO POWER COMPANY Transmission    0.47 % of total Revenue
OHIO POWER COMPANY Other    0.17 % of total Revenue
OHIO POWER COMPANY Total Other    0.17 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Total Retail    6.99 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Residential    3.09 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Commercial    2.03 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Industrial    1.48 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Other Retail    0.4 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Total Wholesale and Competitive Retail    0.25 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Generation    0.02 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Transmission    0.23 % of total Revenue
PUBLIC SERVICE COMPANY OF OKLAHOMA Other    0.05 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Total Retail    7.52 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Residential    3.29 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Commercial    2.62 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Industrial    1.53 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Other Retail    0.08 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Total Wholesale and Competitive Retail    1.83 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Generation    0.86 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Transmission    0.96 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Transmission Revenues Related Party    0.33 % of total Revenue
SOUTHWESTERN ELECTRIC POWER COMPANY Other    0.13 % of total Revenue
Corporate and Other Other    0.03 % of total Revenue
Corporate and Other Other Revenues Related Party    0.48 % of total Revenue
Corporate and Other Total Other    0.03 % of total Revenue
Reconciling Adjustments Total Wholesale and Competitive Retail    -8.97 % of total Revenue
Reconciling Adjustments Transmission    -8.62 % of total Revenue
Reconciling Adjustments Retail Trading and Marketing    -0.35 % of total Revenue
Reconciling Adjustments Other    -0.03 % of total Revenue
Reconciling Adjustments Total Other    -0.22 % of total Revenue
Reconciling Adjustments Alternative Revenue Programs    -0.18 % of total Revenue
VIU Transmission Revenues Related Party    0.91 % of total Revenue
VIU Total Retail    47.69 % of total Revenue
VIU Residential    22.66 % of total Revenue
VIU Commercial    13.27 % of total Revenue
VIU Industrial    10.78 % of total Revenue
VIU Other Retail    0.98 % of total Revenue
VIU Total Wholesale and Competitive Retail    8.72 % of total Revenue
VIU Generation    6.01 % of total Revenue
VIU Transmission    2.71 % of total Revenue
VIU Other    -0.12 % of total Revenue
VIU Total Other    -0.07 % of total Revenue
VIU Alternative Revenue Programs    0.05 % of total Revenue
T D Total Retail    21.35 % of total Revenue
T D Residential    12.18 % of total Revenue
T D Commercial    6.79 % of total Revenue
T D Industrial    2.13 % of total Revenue
T D Other Retail    0.25 % of total Revenue
T D Total Wholesale and Competitive Retail    3.55 % of total Revenue
T D Transmission    3.55 % of total Revenue
T D Other    0.17 % of total Revenue
T D Total Other    0.13 % of total Revenue
T D Alternative Revenue Programs    -0.03 % of total Revenue
AEPTHCo Transmission Revenues Related Party    7.61 % of total Revenue
AEPTHCo Total Wholesale and Competitive Retail    9.73 % of total Revenue
AEPTHCo Transmission    9.73 % of total Revenue
AEPTHCo Other    0.08 % of total Revenue
AEPTHCo Total Other    0.12 % of total Revenue
AEPTHCo Alternative Revenue Programs    0.12 % of total Revenue
G M Retail Trading and Marketing Revenues Related Party    0.35 % of total Revenue
G M Total Wholesale and Competitive Retail    13.65 % of total Revenue
G M Generation    0.86 % of total Revenue
G M Retail Trading and Marketing    12.79 % of total Revenue
G M Other    1.64 % of total Revenue
G M Total Other    1.64 % of total Revenue





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