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American Electric Power Co Inc   (AEP)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


 

American Electric Power Co Inc

AEP's Financial Statements and Analysis



American Electric Power Co Inc reported in the forth quarter of 2023 net earnings per share of $0.63 a decrease by -13.36 % year on year from $0.73 and decline of -65.57 % from $1.83 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.63 $  4,577 Mill
$-0.10     -13.36 % $-304M     -6.23 %



American Electric Power Co Inc 's Revenue fell by -6.23 % in forth quarter of 2023 (Dec 31 2023) year on year, to $4,577 million and declined by -14.31 % sequentially.


American Electric Power Co Inc is

More on AEP's Income Statement



American Electric Power Co Inc 's net income of $337.800 million in the forth quarter of 2023 decreased by -11.89 % from net earnings of $383.400 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -64.75 % from net income of $958.300 million realized in previous quarter.

More on AEP's Growth



American Electric Power Co Inc Inventories
Inventories grew by 106.61 % to $854 million from IV. Quarter a year ago, sequentially inventories rose by 17.46 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-28 million

More on AEP's Cash flow Statement


American Electric Power Co Inc payed out dividend of $3.39 per share in last 52 weeks representing 79.95 % of net earning per share in trailing twelve-month period.

During the same period American Electric Power Co Inc earned $ 9.62 cash per share, on a free-cash flow basis 226.99 % of net earning per share.

Book value fell by -0.12 % sequentially to $48.55 per share.
Tangible Book value fell to $ 48.45 per share from $ 48.51.

Company repurchased 0.67 million shares or 0.13 % in Dec 31 2023.
Interest Coverage Ratio was 2.22. Debt Coverage Ratio was 0.09.

More on AEP's Dividends

 Market Capitalization (Millions) 42,787
 Shares Outstanding (Millions) 521
 Total Debt (Millions $) 42,085
 Revenue (TTM) (Millions $) 18,982
 Net Income (TTM) (Millions $) 2,213
 Cash Flow (TTM) (Millions $) -178
 Capital Exp. (TTM) (Millions $) -7,378
 Dividend TTM ($) 3.39 $
 Dividend Yield TTM (%) 4.36 %
 Employees (TTM) $ 16,688




American Electric Power Co Inc payed out dividend of $3.39 per share in the last 52 weeks representing 79.95 % of net earning per share in trailing twelve-month period.

During the same period American Electric Power Co Inc had $ 9.62 cash flow per share, on a free-cash flow basis 226.99 % of net earning per share.

Book value fell by -0.12 % sequentially to $48.55 per share.
Tangible Book value fell to $ 48.45 per share from $ 48.51.

Company repurchased 0.67 million shares or 0.13 % in Dec 31 2023.
Interest Coverage Ratio was 2.22. Debt Coverage Ratio was 0.09.

More on AEP's Balance Sheets

 Market Capitalization (Millions) 42,787
 Shares Outstanding (Millions) 521
 Total Debt (Millions $) 42,085
 Revenue (TTM) (Millions $) 18,982
 Net Income (TTM) (Millions $) 2,213
 Cash Flow (TTM) (Millions $) -178
 Capital Exp. (TTM) (Millions $) -7,378
 Dividend TTM ($) 3.39 $
 Dividend Yield TTM (%) 4.36 %
 Employees (TTM) $ 16,688
   


  News about American Electric Power Co Inc Earnings

Strong Earnings Boosted by $137 Million Tax Benefit

AEP had a weak fourth quarter of the 2023 earnings season, with a significant decline in income and revenue. Income fell by -13.36% to $0.63 per share, while revenue decreased by -6.226% to $4.58 billion compared to the previous year. These numbers are in contrast to the overall trend in the Electric Utilities industry, which saw a 0.08% growth in the fourth quarter of 2023 compared to the same period in 2022. The industry's EPS also dropped by -65.57% and revenue deteriorated by -14.312% during the same period.
Looking further into AEP's results, the company's bottom-line for the fourth quarter of 2023 fell by -11.89% to $337.8 million compared to the corresponding period in the previous year. However, ...

AEP Reports Decline in Revenue, but Achieves Significant Profit Improvement in Fiscal Q3 2023



American Electric Power Co Inc (AEP) recently released its fina...

American Electric Power Co Inc Experiences Slump in Q2 2023 as Earnings and Revenue Dip

American Electric Power Co Inc, one of the leading electric utilities companies in the United States, experienced a weak performance in the April to June 30, 2023 span. The company's earnings decreased by -0.98% to $1.01 per share, while revenue decreased by -5.759% to $4.37 billion compared to the previous year. In comparison to the previous period, earnings grew by 31.17% from $0.77 per share, but revenue decreased by -6.788% from $4.69 billion.
The decline in earnings in the April to June 30, 2023 span can be attributed to various factors. The company's operating earnings fell by -12.91% to $874.7 million, which also squeezed the operating margin from 21.65% in the second quarter of 2022 to 20% in the...

Surprising Financial Twist: Revenue Skyrockets, But Earnings Plunge in First Quarter of 2023

American Electric Power Co Inc (AEP) is one of the largest electric utility operators in the United States, serving over 5 million customers across 11 states. The company generates, transmits, and distributes electricity to both residential and commercial customers, with a focus on providing reliable and affordable services.
Despite a 2.14% increase in revenue, AEP saw a significant contraction in income of -45.39% in the most recent fiscal period, compared to the same period a year before. The company reported revenue of $4.69 billion and earnings per share (EPS) of $0.77. This represents a 5.89% improvement from the previous reporting season, where EPS was at $0.73 per share, and a decrease of -3.897% ...


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





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