American Electric Power (AEP) financials
American Electric Power revenue and earnings by year
American Electric Power's revenue was $21.9 billion in the fiscal year to December 31, 2025, up 10.9% from the year before. Net income was $3.58 billion, 16.4% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.9 | 19.7 | 19.0 | 19.6 | 16.8 | 14.9 | 15.6 | 16.2 | 15.4 | 16.4 |
| Revenue growth | 10.9% | 3.9% | -3.3% | 17.0% | 12.6% | -4.1% | -3.9% | 5.0% | -5.8% | — |
| Gross profit | 8.8 | 7.7 | 6.8 | 6.9 | 6.2 | 5.7 | 5.3 | 5.0 | 5.4 | 5.4 |
| Gross margin | 40.1% | 39.2% | 36.0% | 35.4% | 37.2% | 38.0% | 33.8% | 31.1% | 34.9% | 32.9% |
| Operating income | 5.3 | 4.3 | 3.6 | 3.5 | 3.4 | 3.0 | 2.6 | 2.7 | 3.5 | 1.2 |
| Operating margin | 24.3% | 21.8% | 18.7% | 17.7% | 20.3% | 20.0% | 16.7% | 16.6% | 22.9% | 7.1% |
| Net income | 3.6 | 3.0 | 2.2 | 2.3 | 2.5 | 2.2 | 1.9 | 1.9 | 1.9 | 0.6 |
| Net margin | 16.4% | 15.0% | 11.6% | 11.7% | 14.8% | 14.7% | 12.3% | 11.9% | 12.4% | 3.7% |
| Diluted EPS | $6.66 | $5.58 | $4.24 | $4.49 | $4.96 | $4.42 | $3.88 | $3.90 | $3.88 | $1.24 |
| Free cash flow | -5.0 | -1.2 | -2.5 | -2.6 | -2.6 | -2.4 | -1.8 | -1.1 | 0.7 | -0.3 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open AEP in Markets.
See also: AEP valuation and P/E history · AEP returns
No forecast, no recommendation. This page describes American Electric Power from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.