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American Electric Power Co Inc (AEP) |
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AEP's Net Income Growth by Quarter and Year
American Electric Power Co Inc 's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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AEP Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
337.80
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383.40
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538.60
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434.70
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III Quarter |
September |
958.30
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683.30
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796.90
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748.20
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II Quarter |
June |
516.10
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520.80
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573.80
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514.50
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I Quarter |
March |
400.40
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718.10
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578.80
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499.30
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FY |
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2,212.60
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2,305.60
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2,488.10
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2,196.70
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AEP Net Income fourth quarter 2023 Y/Y Growth Comment |
American Electric Power Co Inc reported fall in Net Income in the fourth quarter 2023 by -11.89% to $ 337.80 millions, from the same quarter in 2022. The decline in the fourth quarter 2023 American Electric Power Co Inc 's Net Income compares unfavorably to the Company's average Net Income rise of 34.97%.
Looking into fourth quarter 2023 results within Electric Utilities industry 23 other companies have achieved higher Net Income growth. While American Electric Power Co Inc ' s Net Income decrease of -11.89% ranks overall at the positon no. 605 in the fourth quarter 2023.
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AEP Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-11.89 % |
-28.82 % |
23.9 % |
184.68 % |
III Quarter |
September |
40.25 % |
-14.26 % |
6.51 % |
1.95 % |
II Quarter |
June |
-0.9 % |
-9.24 % |
11.53 % |
12.07 % |
I Quarter |
March |
-44.24 % |
24.07 % |
15.92 % |
-13.03 % |
FY |
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-4.03 % |
-7.33 % |
13.27 % |
14.42 % |
AEP Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-64.75 % |
-43.89 % |
-32.41 % |
-41.9 % |
III Quarter |
September |
85.68 % |
31.2 % |
38.88 % |
45.42 % |
II Quarter |
June |
28.9 % |
-27.48 % |
-0.86 % |
3.04 % |
I Quarter |
March |
4.43 % |
33.33 % |
33.15 % |
226.98 % |
FY (Year on Year) |
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-4.03 % |
-7.33 % |
13.27 % |
14.42 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
890 % |
34.97 % |
-70.89 % |
(Dec. 31, 2004) |
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(Jun 30 2017) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
890 % |
34.97 % |
-70.89 % |
(Dec. 31, 2004) |
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(Jun 30 2017) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
American Electric Power Co Inc 's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
1628.57 % |
44.78 % |
-95.69 % |
(March 31, 2013) |
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AEP's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 American Electric Power Co Inc realized fall in Net Income from the previous quarter by -64.75% to $ 337.80 millions, from $ 958.30 millions declared in the previous quarter.
When you analyse recent slump in the quarter, you must assume, that frequently IV. Quarter Net Income occur sluggish relative to the third quarter
Within Electric Utilities industry 27 other companies have achieved higher Net Income quarter on quarter growth. While American Electric Power Co Inc 's Net Income growth quarter on quarter, overall rank is 883. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
1628.57 % |
44.78 % |
-95.69 % |
(March 31, 2013) |
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AEP's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 American Electric Power Co Inc realized fall in Net Income sequentially by -64.75% to $ 337.80 millions, from $ 958.30 millions declared in the previous reporting period.
This is not big concern, as Net Income frequently gravitate to slow in this quarter Advaith Chauhan , an industry expert told.
Within Electric Utilities industry 27 other companies have achieved higher Net Income quarter on quarter growth. While American Electric Power Co Inc 's Net Income growth quarter on quarter, overall rank is 883. |
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American Electric Power Co Inc 's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Net Income 12 Months Ending |
$ 2,212.60 |
$ 2,258.20 |
$ 1,983.20 |
$ 1,987.90 |
$ 2,305.60 |
Y / Y Net Income Growth (TTM) |
-4.03 % |
-8.23 % |
-22.96 % |
-24.34 % |
-7.33 % |
Year on Year Net Income Growth Overall
Ranking |
# 610 |
# 424 |
# 310 |
# 626 |
# 665 |
Seqeuential Net Income Change (TTM) |
-2.02 % |
13.87 % |
-0.24 % |
-13.78 % |
-6.31 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 605 |
# 497 |
# 398 |
# 961 |
# 813 |
Cumulative Net Income growth
Comment |
American Electric Power Co Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, American Electric Power Co Inc 's annual Net Income decline would be -4.03% year on year to $2,213 millions.
In the Utilities sector 41 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 424 to 610. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
890 % |
34.97 % |
-70.89 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
890 % |
34.97 % |
-70.89 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 24 |
Sector |
# 42 |
S&P 500 |
# 605 |
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Cumulative Net Income growth
Comment |
American Electric Power Co Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, American Electric Power Co Inc 's annual Net Income drop would be -4.03% year on year to $2,213 millions.
In the Utilities sector 41 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 424 to 610. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
890 % |
34.97 % |
-70.89 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
890 % |
34.97 % |
-70.89 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 24 |
Sector |
# 42 |
S&P 500 |
# 605 |
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