Tax
Income Tax
American Electric Power Income Tax decreased by 64.8% to $44.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 64.8%, from $125.00M to $44.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
Metric ID:
income_tax_expenseHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $61.20M | $69.80M | $52.80M | $54.00M | -$16.10M | $64.20M | $125.00M | $44.00M |
| QoQ Change | — | +14.1% | -24.4% | +2.3% | -129.8% | +498.8% | +94.7% | -64.8% |
| YoY Change | — | — | — | -11.8% | -123.1% | +498.8% | — | -64.8% |
Range-$16.10M – $125.00M
CAGR-17.2%
Avg YoY Growth+74.8%
Median YoY Growth-38.3%
Business Segments
Income Tax at Other Companies
Frequently Asked Questions
- What is American Electric Power's income tax?
- American Electric Power (AEP) reported income tax of $44.00M in Q1 2026.
- How has American Electric Power's income tax changed year-over-year?
- American Electric Power's income tax decreased by 64.8% year-over-year, from $125.00M to $44.00M.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.