American Electric Power Company, Inc.
AEPUSAmerican Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity. Serving both retail and wholesale clients across the United States, AEP organizes its extensive operations into several key segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The firm produces its electrical power from a diverse portfolio of energy sources, including coal, lignite, natural gas, nuclear, hydroelectric, solar, and wind power, alongside other emerging technologies. Beyond direct consumer sales, AEP also functions as a major wholesale electricity supplier, providing power to other utility companies, rural electric cooperatives, municipalities, and various other participants within the energy market. Incorporated in 1906, the company's corporate headquarters are situated in Columbus, Ohio.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Industrial, Aerospace & Defense
- Sub-sector
- Electrical Equipment & Power Systems
- Listing
- AEP
- Country
- US
EV / LTM Revenue
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 16% | 0% | 3% | 9% | 7% | 6% |
| Revenue | $16.62B | $19.31B | $19.38B | $19.92B | $21.78B | $23.33B | $24.73B |
| Gross Profit | $4.66B | $4.87B | $5.62B | $6.23B | $6.93B | — | — |
| Gross Profit Margin | 28.1% | 25.2% | 29.0% | 31.3% | 31.8% | — | — |
| EBITDA | $6.62B | $7.14B | $7.23B | $7.99B | $8.79B | $9.24B | $9.80B |
| EBITDA Margin | 39.8% | 37.0% | 37.3% | 40.1% | 40.3% | 39.6% | 39.6% |
| EBIT | $3.26B | $3.40B | $4.13B | $4.64B | $5.30B | $5.28B | $5.60B |
| Net Income | $2.49B | $2.31B | $2.21B | $2.97B | $3.58B | $3.31B | $3.58B |
| Free Cash Flow | ($1.92B) | ($1.48B) | ($2.49B) | ($966M) | $8.29B | — | — |
| FCF Margin | -11.6% | -7.7% | -12.9% | -4.9% | 38.1% | — | — |
| Short-Term Debt | $4.77B | $6.60B | $5.32B | $5.86B | $4.84B | — | — |
| Long-Term Debt | $31.30B | $34.31B | $37.65B | $39.31B | $44.71B | — | — |
| Cash & Cash Equivalents | $403M | $509M | $330M | $203M | $268M | — | — |
| Net Debt | $35.67B | $40.40B | $42.64B | $44.96B | $49.28B | — | — |
| Net Debt / EBITDA | 5.4x | 5.7x | 5.9x | 5.6x | 5.6x | — | — |
| Rule of 40 | — | 8.5% | -12.5% | -2.1% | 47.4% | — | — |