Other Revenues — Revenue from Contracts with Customers
American Electric Power Other Revenues — Revenue from Contracts with Customers increased by 30.1% to $120.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 30.1%, from $92.90M to $120.90M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful diversification into ancillary service markets, while a decrease may indicate a contraction in non-core business activities or service offerings.
Detailed definition
This metric represents revenue recognized from contracts with customers specifically categorized under 'Other' business...
Peer comparison
Peers often report this as 'Other Operating Revenue' or 'Non-Regulated Revenue,' with variations depending on the extent of their competitive service portfolios.
aep_segment_other_revenues_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $89.80M | $93.80M | $91.20M | $94.10M | $93.50M | $92.90M | $120.90M |
| QoQ Change | — | +4.5% | -2.8% | +3.2% | -0.6% | -0.6% | +30.1% |
| YoY Change | — | — | — | — | +4.1% | -1.0% | +30.1% |
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Frequently Asked Questions
- What is American Electric Power's other revenues — revenue from contracts with customers?
- American Electric Power (AEP) reported other revenues — revenue from contracts with customers of $120.90M in Q3 2023.
- How has American Electric Power's other revenues — revenue from contracts with customers changed year-over-year?
- American Electric Power's other revenues — revenue from contracts with customers increased by 30.1% year-over-year, from $92.90M to $120.90M.
- What does other revenues — revenue from contracts with customers mean?
- Revenue earned from non-core business contracts with customers that are not part of the primary regulated utility operations.