Products & Services · Revenue from Contracts with Customers
Electricity — Revenue from Contracts with Customers
American Electric Power Electricity — Revenue from Contracts with Customers decreased by 98.5% to $47.30M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 98.5%, from $3.17B to $47.30M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2023
Rolls up toTotal Revenue
How to read this metric
Higher revenue from contracts indicates a stable and predictable customer base, which is favorable for regulated utilities.
Detailed definition
This metric represents the portion of segment revenue derived specifically from binding service contracts with electrici...
Peer comparison
Standardized under IFRS 15 or ASC 606 revenue recognition disclosures for utilities.
Metric ID:
aep_segment_vertically_integrated_utilities_revenue_from_contracts_with_customersHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $2.22B | $2.72B | $2.41B | $2.65B | $2.60B | $3.17B | $47.30M |
| QoQ Change | — | +22.1% | -11.4% | +10.0% | -2.0% | +22.3% | -98.5% |
| YoY Change | — | — | — | — | +16.7% | +16.9% | -98.5% |
Range$47.30M – $3.17B
CAGR-92.3%
Avg YoY Growth-21.7%
Median YoY Growth+16.7%
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Frequently Asked Questions
- What is American Electric Power's electricity — revenue from contracts with customers?
- American Electric Power (AEP) reported electricity — revenue from contracts with customers of $47.30M in Q3 2023.
- How has American Electric Power's electricity — revenue from contracts with customers changed year-over-year?
- American Electric Power's electricity — revenue from contracts with customers decreased by 98.5% year-over-year, from $3.17B to $47.30M.
- What does electricity — revenue from contracts with customers mean?
- Revenue earned specifically from customer service contracts.