Other

Derivatives

American Electric Power Derivatives increased by 2.1% to $290.20M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $265.80M to $290.20M. Over 2 years (FY 2020 to FY 2022), Derivatives shows an upward trend with a 8.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2021
Last reportedQ2 2025

How to read this metric

An increase suggests the company is locking in favorable long-term pricing for its operational inputs.

Detailed definition

This represents the fair value of derivative financial instruments that are expected to be settled or realized beyond th...

Peer comparison

Reflects the duration of the company's hedging strategy compared to industry peers.

Metric ID: other_derivative_assets_noncurrent

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$241.30M$278.30M$267.00M$260.80M$164.90M$265.80M$284.10M$290.20M
QoQ Change—+15.3%-4.1%-2.3%-36.8%+61.2%+6.9%+2.1%
YoY Change————-31.7%-4.5%+6.4%+9.2%
Range$164.90M – $290.20M
CAGR+11.1%
Avg YoY Growth-5.1%
Median YoY Growth+1.0%
Current Streak3 quarters growth

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Frequently Asked Questions

What is American Electric Power's derivatives?
American Electric Power (AEP) reported derivatives of $290.20M in Q3 2023.
How has American Electric Power's derivatives changed year-over-year?
American Electric Power's derivatives increased by 9.2% year-over-year, from $265.80M to $290.20M.
What is the long-term trend for American Electric Power's derivatives?
Over 2 years (2020 to 2022), American Electric Power's derivatives has grown at a 8.3% compound annual growth rate (CAGR), from $242.20M to $284.10M.
What does derivatives mean?
The value of derivative contracts expected to be settled after one year that are currently in the company's favor.