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American Electric Power AEP Regulatory assets

Regulatory assets at other companies

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$448M-59.9%
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$19.1M-88.7%
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$1.09B+71.7%
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$2.27B-14.8%
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$482M-23.1%

Other financials

Income statement

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Revenue$6.0B+10.2%
Gross profit$3.9B+8.1%
Operating income$1.4B+5.9%
Net income$903.0M+12.6%
EPS (diluted)$1.60+6.7%

Balance sheet

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Cash & equivalents$339.0M+16.1%
Total debt$49.7B
Total equity$31.8B+16.2%
Total assets$117.78B

Cash flow

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Operating cash flow$1.5B+4.8%
CapEx$965.0M
Free cash flow$554.0M-61.8%

Valuation

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Market cap$74.54B+37.1%
Enterprise value$123.93B
P/E23.5×+1.5×
P/S3.3×-0.2×

Profitability

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Operating margin19.2%-1.0pp
Net margin13.1%-1.5pp
FCF margin19.4%

Returns & leverage

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Return on equity10.6%-0.6pp
Debt / equity1.6×
Current ratio0.5×

Where this comes from

Reported directly by American Electric Power in its filing.

Tagged under the XBRL concept us-gaap:RegulatoryAssetsCurrent.

The official record: American Electric Power’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Electric Power's regulatory assets?
American Electric Power (AEP) reported regulatory assets of $594M in Q1 2026.
What is the long-term trend for American Electric Power's regulatory assets?
Over 3 years (2020 to 2025), American Electric Power's regulatory assets has grown at a 67.5% compound annual growth rate (CAGR), from $90.7M to $426M.
What does regulatory assets mean?
These represent costs that have been incurred by the utility but are deferred for future recovery from ratepayers as authorized by regulatory commissions. These assets arise from specific regulatory accounting treatments where the regulator allows the utility to collect these costs through future rates. They are a fundamental aspect of the regulated utility business model.