American Electric Power revenue and financials

AEP · NASDAQ · USD

$121.67+1.62%+$1.94

Close · October 6, 2026

In the fiscal year ended December 2025, American Electric Power reported revenue of $21.88B (+10.93% year over year). Net income was $3.7B, a net margin of 16.9%.

Annual revenue · 2025: $21.88B

$16.38B2016
$15.42B2017
$16.2B2018
$15.56B2019
$14.92B2020
$16.79B2021
$19.64B2022
$18.98B2023
$19.72B2024
$21.88B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +10.93%; 2025 vs 2024
Net income growth: +24.19%; 2025 vs 2024
Net margin: 16.9%; 2024: 15.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	21,876	19,721	18,982	19,640	16,792	14,919	15,561	16,196	15,425	16,380
Cost of revenue	8,530	7,261	7,854	8,347	—	—	—	—	—	—
Gross profit	13,346	12,460	11,128	11,292	—	—	—	—	—	—
Operating income	5,319	4,304	3,556	3,483	3,411	2,988	2,592	2,683	3,525	1,164
EBIT	5,523	4,573	3,956	3,967	3,542	3,107	2,869	2,878	3,431	3,475
EBITDA	8,957	7,825	6,980	7,123	6,344	5,682	5,162	4,957	5,269	5,292
Interest expense	2,026	1,863	1,807	1,396	1,199	1,166	1,073	984	895	877
Pre-tax income	3,825	2,937	2,268	2,311	2,604	2,237	1,907	2,047	2,899	547
Income tax	129	-39.0	55.0	5.4	116	40.5	-12.9	115	970	-73.7
Net income	3,696	2,976	2,213	2,306	2,488	2,197	1,920	1,931	1,929	618
Net income to common shareholders	3,580	2,967	2,208	2,307	2,488	2,200	1,921	1,924	1,913	613
Basic EPS	6.70	5.60	4.26	4.51	4.97	4.44	3.89	3.90	3.89	1.24
Diluted EPS	6.66	5.58	4.24	4.49	4.96	4.42	3.88	3.90	3.88	1.24
Average shares (basic)	535	530	519	512	501	496	494	493	492	491
Average shares (diluted)	537	531	520	513	502	497	495	494	493	492
Dividend per share	3.74	3.57	3.37	3.17	3.00	2.84	2.71	2.53	2.39	2.27