American Electric Power Employee Benefits and Pension Obligations decreased by 7.4% to $238.30M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 14.9%, from $279.90M to $238.30M. Over 2 years (FY 2020 to FY 2022), Employee Benefits and Pension Obligations shows a downward trend with a -12.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests underfunding of pension plans, which may require higher future cash contributions from the company.
This captures the long-term liabilities associated with defined benefit pension plans, post-retirement healthcare, and o...
Common in mature industries with long-tenured workforces and legacy benefit structures.
other_employee_benefits_and_pension_obligations| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $340.10M | $322.20M | $328.40M | $315.30M | $290.70M | $279.90M | $257.30M | $238.30M |
| QoQ Change | — | -5.3% | +1.9% | -4.0% | -7.8% | -3.7% | -8.1% | -7.4% |
| YoY Change | — | — | — | — | -14.5% | -13.1% | -21.7% | -14.9% |