American Electric Power AEP State Transcos — Income Tax Expense (Benefit)

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Questions, answered.

What is American Electric Power's state transcos — income tax expense (benefit)?

American Electric Power (AEP) reported state transcos — income tax expense (benefit) of $60M in Q1 2026.

How has American Electric Power's state transcos — income tax expense (benefit) changed year-over-year?

American Electric Power's state transcos — income tax expense (benefit) decreased by 1.6% year-over-year, from $61M to $60M.

What does state transcos — income tax expense (benefit) mean?

This represents the income tax provision or benefit attributable to the State Transcos segment's earnings. It accounts for both current and deferred tax liabilities based on the segment's taxable income. This metric is essential for calculating the segment's effective tax rate and net contribution to the parent company's bottom line.