Current Liabilities
Income Taxes Payable
American Electric Power Income Taxes Payable decreased by 5.7% to $1.89B in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Income Taxes Payable shows an upward trend with a 10.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.24B | $1.05B | $1.59B | $1.49B | $1.35B | $1.12B | $1.71B | $1.20B | $2.00B | $1.89B |
| QoQ Change | — | -15.8% | +51.6% | -6.4% | -9.1% | -17.3% | +53.5% | -30.0% | +66.7% | -5.7% |
| YoY Change | — | — | — | — | +8.6% | +6.7% | +8.1% | +7.5% | — | — |
Range$1.05B – $2.00B
CAGR+20.4%
Avg YoY Growth+7.7%
Median YoY Growth+7.8%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is American Electric Power's income taxes payable?
- American Electric Power (AEP) reported income taxes payable of $1.89B in Q1 2026.
- What is the long-term trend for American Electric Power's income taxes payable?
- Over 3 years (2020 to 2025), American Electric Power's income taxes payable has grown at a 10.7% compound annual growth rate (CAGR), from $1.48B to $2.00B.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.