Other Revenues — Revenue
American Electric Power Other Revenues — Revenue decreased by 93.4% to $8.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 93.4%, from $128.30M to $8.50M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growth in secondary business lines, whereas a decrease reflects a reduction in the scale or pricing power of these non-core activities.
Detailed definition
This metric reflects the total gross revenue generated by the 'Other' segment, encompassing all miscellaneous income str...
Peer comparison
Most large-scale utilities report similar 'Other' revenue categories, though the composition varies significantly based on the company's strategic focus on non-regulated business segments.
aep_segment_other_revenues_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $29.10M | $154.80M | $38.40M | $165.40M | $135.70M | $128.30M | $8.50M |
| QoQ Change | — | +432.0% | -75.2% | +330.7% | -18.0% | -5.5% | -93.4% |
| YoY Change | — | — | — | — | +366.3% | -17.1% | -93.4% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is American Electric Power's other revenues — revenue?
- American Electric Power (AEP) reported other revenues — revenue of $8.50M in Q3 2023.
- How has American Electric Power's other revenues — revenue changed year-over-year?
- American Electric Power's other revenues — revenue decreased by 93.4% year-over-year, from $128.30M to $8.50M.
- What does other revenues — revenue mean?
- The total gross revenue generated by miscellaneous business activities outside of the company's core regulated utility operations.