Affiliatedand Nonaffiliated — Revenue from Contracts with Customers
American Electric Power Affiliatedand Nonaffiliated — Revenue from Contracts with Customers decreased by 1.4% to $5.33B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $5.40B to $5.33B.
Analysis
How to read this metric
An increase in nonaffiliated revenue typically signals growth in the broader customer base or market expansion, while a shift toward affiliated revenue may indicate increased internal service provision or inter-company transactions within the utility holding structure.
Detailed definition
This metric represents the total revenue generated from contracts with customers, categorized by whether the counterpart...
Peer comparison
Most regulated utilities report revenue disaggregated by customer class or service type, making this comparable to 'Total Operating Revenue' or 'Revenue from External Customers' found in standard financial disclosures.
aep_segment_affiliated_and_nonaffiliated_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $3.78B | $4.46B | $4.02B | $4.43B | $4.56B | $5.40B | $5.33B |
| QoQ Change | — | +17.9% | -10.0% | +10.4% | +2.9% | +18.4% | -1.4% |
| YoY Change | — | — | — | — | +20.5% | +21.0% | -1.4% |
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Frequently Asked Questions
- What is American Electric Power's affiliatedand nonaffiliated — revenue from contracts with customers?
- American Electric Power (AEP) reported affiliatedand nonaffiliated — revenue from contracts with customers of $5.33B in Q3 2023.
- How has American Electric Power's affiliatedand nonaffiliated — revenue from contracts with customers changed year-over-year?
- American Electric Power's affiliatedand nonaffiliated — revenue from contracts with customers decreased by 1.4% year-over-year, from $5.40B to $5.33B.
- What does affiliatedand nonaffiliated — revenue from contracts with customers mean?
- The total revenue earned from customers, split between affiliated entities and independent third parties.