Alternativeand Other — Revenue
American Electric Power Alternativeand Other — Revenue decreased by 87.7% to $15.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 87.7%, from $126.40M to $15.50M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful diversification or growth in non-core business lines, while a decrease may indicate a strategic shift away from these activities or market headwinds in secondary sectors.
Detailed definition
This metric represents the total revenue generated by business activities that fall outside of the company's primary reg...
Peer comparison
Peers often report this as 'Other' or 'Non-regulated' revenue, and it is typically less predictable than core regulated utility revenue streams.
aep_segment_alternative_and_other_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | -$42.20M | $160.70M | $127.30M | $159.60M | $78.30M | $126.40M | $15.50M |
| QoQ Change | — | +480.8% | -20.8% | +25.4% | -50.9% | +61.4% | -87.7% |
| YoY Change | — | — | — | — | +285.5% | -21.3% | -87.7% |
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Frequently Asked Questions
- What is American Electric Power's alternativeand other — revenue?
- American Electric Power (AEP) reported alternativeand other — revenue of $15.50M in Q3 2023.
- How has American Electric Power's alternativeand other — revenue changed year-over-year?
- American Electric Power's alternativeand other — revenue decreased by 87.7% year-over-year, from $126.40M to $15.50M.
- What does alternativeand other — revenue mean?
- Total revenue earned from business activities outside of the company's core regulated utility services.