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American Electric Power AEP AEPTHCo — Allowance for Equity Funds Used During Construction

Other segment segments

T&D
$25M+31.6%
VIU
$23M+43.8%
G&M
$0

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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$73.42B+31.2%
Enterprise value$122.81B
P/E23.1×+1.5×
P/S3.3×-0.1×

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:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity.

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 aepthco — allowance for equity funds used during construction?
American Electric Power (AEP) reported aepthco — allowance for equity funds used during construction of $22M in Q1 2026.
What does aepthco — allowance for equity funds used during construction mean?
This represents the non-cash component of capitalized interest related to the equity portion of funds used to finance construction projects. It is an accounting mechanism that recognizes the cost of equity capital during the development phase of utility infrastructure. This metric is crucial for understanding how capital-intensive projects impact reported earnings before they are placed in service.