AEP's Growth Comparisons in I. Quarter 2026
American Electric Power Co Inc 's 10.19% year on year Revenue increase in the first quarter 2026 to 6.02 billions, marks slow-down from American Electric Power Co Inc 's growth trends, and competes unfavorably to the 13.39% rise in the Electric Utilities industry and 12.58% Revenue improvement in the Utilities sector. Although both, the Electric Utilities industry and the Utilities sector posted higher gains than 10.9% overall market increase, American Electric Power Co Inc was trailing overall market in the first quarter.
Top-line improved by 13.26% from the fourth quarter. Looking into annual sales rise of 7.96%, and S & P 500's average yearly sales growth is 10.59% over the five years, including only Businesses with the first quarter 2026 Results. American Electric Power Co Inc grew less than the market.
| Segment Name |
Y / Y |
Sequential |
| FERC 2021 PJM and SPP Transmission Formula Rate Challenge |
|
-5.77 % |
- |
| Appalachian Power Company |
|
-0.51 % |
- |
| Indiana Michigan Power Company |
|
24.11 % |
- |
| Nonrelated Party |
|
10.2 % |
- |
| Related Party |
|
14.79 % |
- |
| Corporate and Other |
|
-29.55 % |
- |
| Corporate and Other Nonrelated Party |
|
-81.25 % |
- |
| Corporate and Other Related Party |
|
0 % |
- |
| Reconciling Adjustments |
|
- |
- |
| Reconciling Adjustments Related Party |
|
- |
- |
| VIU |
|
8.75 % |
- |
| VIU Nonrelated Party |
|
9.04 % |
- |
| VIU Related Party |
|
44.23 % |
- |
| T D |
|
5.37 % |
- |
| T D Nonrelated Party |
|
5.21 % |
- |
| T D Related Party |
|
25 % |
- |
| AEPTHCo |
|
10.33 % |
- |
| AEPTHCo Nonrelated Party |
|
9.48 % |
- |
| AEPTHCo Related Party |
|
10.56 % |
- |
| G M |
|
6.97 % |
- |
| G M Nonrelated Party |
|
27.53 % |
- |
| G M Related Party |
|
23.53 % |
- |
| AEP TRANSMISSION COMPANY LLC |
|
9.68 % |
- |
| AEP TRANSMISSION COMPANY LLC Nonrelated Party |
|
5.77 % |
- |
| AEP TRANSMISSION COMPANY LLC Affiliated Entity |
|
10.64 % |
- |
| State Transcos AEP TRANSMISSION COMPANY LLC |
|
9.68 % |
- |
| State Transcos AEP TRANSMISSION COMPANY LLC Nonrelated Party |
|
5.77 % |
- |
| State Transcos AEP TRANSMISSION COMPANY LLC Affiliated Entity |
|
10.64 % |
- |
| OHIO POWER COMPANY |
|
8.07 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA |
|
11.42 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY |
|
7.53 % |
- |
| Total Retail |
|
5.27 % |
- |
| Residential |
|
0.29 % |
- |
| Commercial |
|
15.38 % |
- |
| Industrial |
|
4.86 % |
- |
| Other Retail |
|
7.25 % |
- |
| Total Wholesale and Competitive Retail |
|
2.55 % |
- |
| Generation |
|
16.29 % |
- |
| Transmission |
|
14.14 % |
- |
| Retail Trading and Marketing |
|
-8.88 % |
- |
| Other |
|
- |
- |
| Total Other |
|
- |
- |
| Alternative Revenue Programs |
|
- |
- |
| AEP TEXAS INC |
|
0.19 % |
- |
| AEP TEXAS INC Total Retail |
|
-6.43 % |
- |
| AEP TEXAS INC Residential |
|
-8.14 % |
- |
| AEP TEXAS INC Commercial |
|
-4.2 % |
- |
| AEP TEXAS INC Industrial |
|
-7.5 % |
- |
| AEP TEXAS INC Other Retail |
|
0 % |
- |
| AEP TEXAS INC Total Wholesale and Competitive Retail |
|
7.51 % |
- |
| AEP TEXAS INC Transmission |
|
7.51 % |
- |
| AEP TEXAS INC Other |
|
100 % |
- |
| AEP TEXAS INC Total Other |
|
- |
- |
| AEP TEXAS INC Alternative Revenue Programs |
|
- |
- |
| AEP TRANSMISSION COMPANY LLC Total Wholesale and Competitive Retail |
|
11.46 % |
- |
| AEP TRANSMISSION COMPANY LLC Transmission |
|
11.46 % |
- |
| AEP TRANSMISSION COMPANY LLC Transmission Revenues Related Party |
|
11.55 % |
- |
| AEP TRANSMISSION COMPANY LLC Other |
|
-33.33 % |
- |
| AEP TRANSMISSION COMPANY LLC Total Other |
|
-33.33 % |
- |
| AEP TRANSMISSION COMPANY LLC Alternative Revenue Programs |
|
-33.33 % |
- |
| APPALACHIAN POWER COMPANY Total Retail |
|
-2.55 % |
- |
| APPALACHIAN POWER COMPANY Residential |
|
-2.81 % |
- |
| APPALACHIAN POWER COMPANY Commercial |
|
-1.03 % |
- |
| APPALACHIAN POWER COMPANY Industrial |
|
-2.62 % |
- |
| APPALACHIAN POWER COMPANY Other Retail |
|
-7.14 % |
- |
| APPALACHIAN POWER COMPANY Total Wholesale and Competitive Retail |
|
17.42 % |
- |
| APPALACHIAN POWER COMPANY Generation |
|
4.44 % |
- |
| APPALACHIAN POWER COMPANY Generation Revenues Related Party |
|
22.22 % |
- |
| APPALACHIAN POWER COMPANY Transmission |
|
45.24 % |
- |
| APPALACHIAN POWER COMPANY Transmission Revenues Related Party |
|
73.68 % |
- |
| APPALACHIAN POWER COMPANY Other |
|
21.43 % |
- |
| APPALACHIAN POWER COMPANY Total Other |
|
-85.71 % |
- |
| APPALACHIAN POWER COMPANY Alternative Revenue Programs |
|
-85.71 % |
- |
| INDIANA MICHIGAN POWER COMPANY Total Retail |
|
23.27 % |
- |
| INDIANA MICHIGAN POWER COMPANY Residential |
|
4.74 % |
- |
| INDIANA MICHIGAN POWER COMPANY Commercial |
|
64.05 % |
- |
| INDIANA MICHIGAN POWER COMPANY Industrial |
|
8.96 % |
- |
| INDIANA MICHIGAN POWER COMPANY Other Retail |
|
0 % |
- |
| INDIANA MICHIGAN POWER COMPANY Total Wholesale and Competitive Retail |
|
30.73 % |
- |
| INDIANA MICHIGAN POWER COMPANY Generation |
|
31.79 % |
- |
| INDIANA MICHIGAN POWER COMPANY Transmission |
|
10 % |
- |
| INDIANA MICHIGAN POWER COMPANY Other |
|
- |
- |
| INDIANA MICHIGAN POWER COMPANY Other Revenues Related Party |
|
-5.56 % |
- |
| INDIANA MICHIGAN POWER COMPANY Total Other |
|
- |
- |
| INDIANA MICHIGAN POWER COMPANY Alternative Revenue Programs |
|
- |
- |
| OHIO POWER COMPANY Total Retail |
|
5.12 % |
- |
| OHIO POWER COMPANY Residential |
|
1.41 % |
- |
| OHIO POWER COMPANY Commercial |
|
12.6 % |
- |
| OHIO POWER COMPANY Industrial |
|
8.33 % |
- |
| OHIO POWER COMPANY Other Retail |
|
-20 % |
- |
| OHIO POWER COMPANY Total Wholesale and Competitive Retail |
|
16.67 % |
- |
| OHIO POWER COMPANY Transmission |
|
16.67 % |
- |
| OHIO POWER COMPANY Other |
|
100 % |
- |
| OHIO POWER COMPANY Total Other |
|
0 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Total Retail |
|
14.71 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Residential |
|
6.29 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Commercial |
|
19.61 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Industrial |
|
27.14 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Other Retail |
|
20 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Total Wholesale and Competitive Retail |
|
-16.67 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Generation |
|
-75 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Transmission |
|
0 % |
- |
| PUBLIC SERVICE COMPANY OF OKLAHOMA Other |
|
-66.67 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Total Retail |
|
6.09 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Residential |
|
2.59 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Commercial |
|
12.06 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Industrial |
|
2.22 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Other Retail |
|
66.67 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Total Wholesale and Competitive Retail |
|
15.79 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Generation |
|
-7.14 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Transmission |
|
48.72 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Transmission Revenues Related Party |
|
100 % |
- |
| SOUTHWESTERN ELECTRIC POWER COMPANY Other |
|
-11.11 % |
- |
| Corporate and Other Other |
|
100 % |
- |
| Corporate and Other Other Revenues Related Party |
|
0 % |
- |
| Corporate and Other Total Other |
|
100 % |
- |
| Reconciling Adjustments Total Wholesale and Competitive Retail |
|
- |
- |
| Reconciling Adjustments Transmission |
|
- |
- |
| Reconciling Adjustments Retail Trading and Marketing |
|
- |
- |
| Reconciling Adjustments Other |
|
- |
- |
| Reconciling Adjustments Total Other |
|
- |
- |
| Reconciling Adjustments Alternative Revenue Programs |
|
- |
- |
| VIU Transmission Revenues Related Party |
|
41.03 % |
- |
| VIU Total Retail |
|
6.77 % |
- |
| VIU Residential |
|
0.89 % |
- |
| VIU Commercial |
|
20.15 % |
- |
| VIU Industrial |
|
5.02 % |
- |
| VIU Other Retail |
|
9.26 % |
- |
| VIU Total Wholesale and Competitive Retail |
|
23.24 % |
- |
| VIU Generation |
|
18.69 % |
- |
| VIU Transmission |
|
34.71 % |
- |
| VIU Other |
|
- |
- |
| VIU Total Other |
|
- |
- |
| VIU Alternative Revenue Programs |
|
0 % |
- |
| T D Total Retail |
|
2.07 % |
- |
| T D Residential |
|
-0.81 % |
- |
| T D Commercial |
|
7.07 % |
- |
| T D Industrial |
|
4.07 % |
- |
| T D Other Retail |
|
0 % |
- |
| T D Total Wholesale and Competitive Retail |
|
8.63 % |
- |
| T D Transmission |
|
8.63 % |
- |
| T D Other |
|
100 % |
- |
| T D Total Other |
|
-11.11 % |
- |
| T D Alternative Revenue Programs |
|
- |
- |
| AEPTHCo Transmission Revenues Related Party |
|
11.44 % |
- |
| AEPTHCo Total Wholesale and Competitive Retail |
|
12.48 % |
- |
| AEPTHCo Transmission |
|
12.48 % |
- |
| AEPTHCo Other |
|
-44.44 % |
- |
| AEPTHCo Total Other |
|
-41.67 % |
- |
| AEPTHCo Alternative Revenue Programs |
|
-41.67 % |
- |
| G M Retail Trading and Marketing Revenues Related Party |
|
31.25 % |
- |
| G M Total Wholesale and Competitive Retail |
|
-7.54 % |
- |
| G M Generation |
|
1.96 % |
- |
| G M Retail Trading and Marketing |
|
-8.11 % |
- |
| G M Other |
|
- |
- |
| G M Total Other |
|
- |
- |
| Total |
|
10.19 % |
- |
American Electric Power Co Inc 's EPS slowed to the 6.67% year on year, improvement in the first quarter 2026 to 1.60, underperforming the 28.19% improvement in the Electric Utilities industry, but beating the 5.03% growth in the Utilities sector. Slow first quarter 2026 income per share, in Electric Utilities industry and Utilities sector, were portrayed in American Electric Power Co Inc results which underperformed overall market.
The bottom-line grew by 48.15% from the fourth quarter. Average yearly income per share growth for American Electric Power Co Inc is 8.55%, while S & P 500's average annual income per share increase is 22.96% over the five years, including only Businesses with the first quarter 2026 earnings reports.
