Non-service pension and postretirement benefit expense
American Electric Power Non-service pension and postretirement benefit expense decreased by 8.6% to -$38.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.6%, from -$35.00M to -$38.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
A decrease in expense (or an increase in income) typically reflects favorable market returns on plan assets or adjustments in actuarial assumptions, improving bottom-line profitability.
Detailed definition
This metric captures the non-service components of net periodic benefit costs, such as interest costs, expected returns...
Peer comparison
Varies significantly based on the maturity of the workforce and the funding status of legacy pension plans across the utility sector.
non_service_pension_and_postretirement_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | -$29.70M | -$29.60M | -$29.70M | -$47.20M | -$47.10M | -$47.20M | -$55.20M | -$35.00M | -$38.00M |
| QoQ Change | — | +0.3% | -0.3% | -58.9% | +0.2% | -0.2% | -16.9% | +36.6% | -8.6% |
| YoY Change | — | — | — | — | -58.6% | -59.5% | -16.9% | — | -8.6% |
Non-service pension and postretirement benefit expense at Other Companies
Frequently Asked Questions
- What is American Electric Power's non-service pension and postretirement benefit expense?
- American Electric Power (AEP) reported non-service pension and postretirement benefit expense of -$38.00M in Q1 2026.
- How has American Electric Power's non-service pension and postretirement benefit expense changed year-over-year?
- American Electric Power's non-service pension and postretirement benefit expense decreased by 8.6% year-over-year, from -$35.00M to -$38.00M.
- What does non-service pension and postretirement benefit expense mean?
- The financial costs or credits related to pension and postretirement plans that are not tied to current employee service.