Other Income & Expense
Interest Expense
American Electric Power Interest Expense increased by 30.4% to $470.30M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 30.4%, from $360.70M to $470.30M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
Metric ID:
is_interest_expenseHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $301.60M | $303.70M | $303.60M | $313.40M | $327.60M | $360.70M | $470.30M |
| QoQ Change | — | +0.7% | -0.0% | +3.2% | +4.5% | +10.1% | +30.4% |
| YoY Change | — | — | — | — | +8.6% | +18.8% | +30.4% |
Range$301.60M – $470.30M
CAGR+34.5%
Avg YoY Growth+19.3%
Median YoY Growth+18.8%
Current Streak4 quarters growth
Interest Expense at Other Companies
Frequently Asked Questions
- What is American Electric Power's interest expense?
- American Electric Power (AEP) reported interest expense of $470.30M in Q3 2023.
- How has American Electric Power's interest expense changed year-over-year?
- American Electric Power's interest expense increased by 30.4% year-over-year, from $360.70M to $470.30M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.