Alternative — Revenue
American Electric Power Alternative — Revenue increased by 149.6% to $7.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 149.6%, from -$14.10M to $7.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful diversification or growth in non-regulated service offerings, while a decrease may indicate a strategic shift back to core utility operations or market headwinds in those specific business lines.
Detailed definition
This metric represents the total operating revenue generated from the company's non-core or specialized business activit...
Peer comparison
Peers often report this under 'non-regulated,' 'competitive,' or 'other' segments, with performance typically tied to market-based energy services or specialized infrastructure contracts.
aep_segment_alternative_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | -$40.20M | $11.90M | -$63.20M | -$5.80M | -$57.40M | -$14.10M | $7.00M |
| QoQ Change | — | +129.6% | -631.1% | +90.8% | -889.7% | +75.4% | +149.6% |
| YoY Change | — | — | — | — | -42.8% | -218.5% | +149.6% |
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Frequently Asked Questions
- What is American Electric Power's alternative — revenue?
- American Electric Power (AEP) reported alternative — revenue of $7.00M in Q3 2023.
- How has American Electric Power's alternative — revenue changed year-over-year?
- American Electric Power's alternative — revenue increased by 149.6% year-over-year, from -$14.10M to $7.00M.
- What does alternative — revenue mean?
- Total revenue earned from the company's non-core or specialized business segments outside of standard regulated utility services.