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American Electric Power

AEP

American Electric Power (AEP) is a leading public utility holding company that operates one of the nation's largest electricity transmission and distribution networks.

Market cap
$67.16B+11.2%
Net income$3.4B+59.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 29, 2026 (in 2 months)
Revenue estimate$6.5B
EPS estimate$2.01

Financials

Q2 2026

Income statement

See full
Net income$713.0M

Valuation & ratios

Valuation

See full
Market cap$67.16B+11.2%
Enterprise value$116.54B
P/E19.9×

Competitors

Profile

American Electric Power (AEP) is a leading public utility holding company that operates one of the nation's largest electricity transmission and distribution networks. The company provides integrated electric services, including generation, transmission, and distribution, to millions of retail and wholesale customers across 11 states. AEP is currently undergoing a strategic transformation to diversify its generation fleet by increasing renewable energy capacity and reducing carbon emissions.

Competitive position

AEP maintains a dominant position as a regulated utility provider in its service territories with a significant competitive advantage in large-scale transmission infrastructure.

GeographiesUnited States, Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, West Virginia
Customer segmentsResidential, Commercial, Industrial, Governmental
Business modelRegulated Monopoly, Asset-heavy Infrastructure, Wholesale Energy Marketing
SuppliersFuel Suppliers (Coal, Natural Gas), Renewable Energy Equipment Manufacturers, Power Plant Engineering Firms, Transmission Equipment Suppliers
CustomersResidential Households, Manufacturing Facilities, Data Centers, Military Installations, Municipalities
Listed1949
Employees16.8K
CEOWilliam J. Fehrman
SectorUtilities
Websiteaep.com
FilingsSEC EDGAR

FAQ

What is American Electric Power's market cap?
American Electric Power (AEP) has a market capitalization of $67.2B and trades on NASDAQ.
Who are American Electric Power's competitors?
American Electric Power's key competitors include Duke Energy, Southern Company, Entergy Corporation, and others. These companies compete in similar markets and product categories.
Who does American Electric Power partner with?
American Electric Power's notable partners include Liberty Utilities Co., Gallup, Inc., PJM Interconnection, and others.
What subsidiaries does American Electric Power have?
American Electric Power's subsidiaries include AEP Texas, Appalachian Power Company (APCo), Indiana Michigan Power (I&M), and others.
Where is American Electric Power headquartered?
American Electric Power is headquartered in United States of America and employs approximately 16,800 people. It has been publicly traded since 1949.