American Electric Power/$AEP
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About American Electric Power
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 39% of AEP's capacity is coal, with the remainder from a mix of natural gas (28%), renewable energy and hydro (23%), nuclear (7%), and demand response (3%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
- Ticker
- $AEP
- Sector
- Utilities
- Primary listing
- NASDAQ
- Employees
- 17,581
- Headquarters
- Columbus, United States
- Website
- www.aep.com
AEP Metrics
BasicAdvanced
$69B
22.02
$5.77
0.47
$3.80
2.99%
Price and volume
Market cap
$69B
Beta
0.47
52-week high
$140.58
52-week low
$112.54
Average daily volume
3.9M
Dividend rate
$3.80
Financial strength
Current ratio
0.504
Quick ratio
0.277
Long term debt to equity
1.459
Total debt to equity
1.608
Dividend payout ratio (TTM)
65.20%
Interest coverage (TTM)
2.51%
Profitability
EBITDA (TTM)
9,029
Gross margin (TTM)
46.35%
Net profit margin (TTM)
13.78%
Operating margin (TTM)
23.98%
Effective tax rate (TTM)
9.73%
Revenue per employee (TTM)
$1,300,000
Management effectiveness
Return on assets (TTM)
2.98%
Return on equity (TTM)
10.13%
Valuation
Price to earnings (TTM)
22.022
Price to revenue (TTM)
3.008
Price to book
2.16
Price to tangible book (TTM)
2.16
Price to free cash flow (TTM)
-11.639
Free cash flow yield (TTM)
-8.59%
Free cash flow per share (TTM)
-10.924
Dividend yield (TTM)
2.99%
Forward dividend yield
2.99%
Growth
Revenue change (TTM)
10.28%
Earnings per share change (TTM)
-15.33%
3-year revenue growth (CAGR)
5.39%
10-year revenue growth (CAGR)
3.61%
3-year earnings per share growth (CAGR)
14.45%
10-year earnings per share growth (CAGR)
3.60%
3-year dividend per share growth (CAGR)
4.95%
10-year dividend per share growth (CAGR)
5.51%
What the Analysts think about AEP
Analyst ratings (Buy, Hold, Sell) for American Electric Power stock.
Analyst projections of the future price of American Electric Power stock.
Bulls say / Bears say
AEP raised its 2026 operating earnings forecast to $6.25–$6.55 per share and reported 69 GW of contracted new load through 2030. If those customer commitments translate into electricity sales, they offer a substantial source of growth. (American Electric Power)
AEP’s $78 billion investment plan is expected to drive nearly 11% annual rate-base growth, with more than $10 billion of additional projects identified beyond the plan. That gives the company a sizeable pipeline of regulated grid and generation investment to support future earnings. (American Electric Power)
Recent regulatory decisions have supported AEP’s ability to earn returns on investment, including a higher allowed return on equity in Ohio and approval of a large-load tariff in Virginia. Better cost recovery could help the company turn its investment programme into earnings while sharing some costs with large customers. (American Electric Power)
The $78 billion investment programme is a major funding task, and AEP says its plans face risks from the availability and cost of capital. Higher financing costs or delays in recovering investment through customer rates could weigh on returns and increase pressure to raise equity. (American Electric Power)
AEP’s contracted-load opportunity may not arrive on schedule: the company has flagged slow grid-operator processes, while Reuters reported that Texas build-out timing depends on available generation. Delays could leave AEP spending on infrastructure before expected customer demand contributes fully to earnings. (Utility Dive, Reuters)
AEP’s first-half 2026 earnings were lower year on year, with weaker residential volumes and an expected partial disallowance for the Pirkey plant among the pressures cited in its quarterly filing. This shows that regulatory decisions and softer customer demand can offset growth elsewhere in the business. (StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 14 Oct 2026.
AEP Financial Performance
Revenues and expenses
AEP Earnings Performance
Company profitability
Upcoming events
No upcoming events
AEP News
AllArticlesVideos
Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields
Benzinga5 days ago
American Electric Power to Invest $4 Billion in Fuel Cell Project to Meet Energy Demand From Google
WSJ5 days ago
American Electric Power to invest $4 billion in fuel cell project to power Google
Reuters5 days ago
Funds containing AEP
AllUSDEURGBP
Fund name | Fund size | $AEP weighting |
|---|---|---|
iShares S&P 500 Utilities Sector€2B7A | $1.3B | 5.16% |
iShares S&P 500 Utilities Sector£IUSU | $1.3B | 5.16% |
SPDR MSCI World Utilities€WUTI | €72M | 3.13% |
Xtrackers MSCI World Utilities$XDWU | $959M | 3.12% |
iShares Global Infrastructure€INFR | $2.5B | 2.13% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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