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American Electric Power AEP State Transcos — Interest Expense

Other segment segments

VIU
$245M+22.5%
T&D
$105M-6.3%
G&M
$1M-50.0%

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Other financials

Income statement

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Revenue$6.0B+10.2%
Gross profit$3.9B+8.1%
Operating income$1.4B+5.9%
Net income$903.0M+12.6%
EPS (diluted)$1.60+6.7%

Balance sheet

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Cash & equivalents$339.0M+16.1%
Total debt$49.7B
Total equity$31.8B+16.2%
Total assets$117.78B

Cash flow

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Operating cash flow$1.5B+4.8%
CapEx$965.0M
Free cash flow$554.0M-61.8%

Valuation

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Market cap$74.54B+37.1%
Enterprise value$123.93B
P/E23.5×+1.5×
P/S3.3×-0.2×

Profitability

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Operating margin19.2%-1.0pp
Net margin13.1%-1.5pp
FCF margin19.4%

Returns & leverage

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Return on equity10.6%-0.6pp
Debt / equity1.6×
Current ratio0.5×

Where this comes from

Reported directly by American Electric Power in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The official record: American Electric Power’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Electric Power's state transcos — interest expense?
American Electric Power (AEP) reported state transcos — interest expense of $65M in Q1 2026.
How has American Electric Power's state transcos — interest expense changed year-over-year?
American Electric Power's state transcos — interest expense decreased by 22.6% year-over-year, from $84M to $65M.
What does state transcos — interest expense mean?
This reflects the cost of debt financing specifically allocated to the State Transcos segment's operations and capital projects. It includes interest on long-term debt and other financing obligations used to build and maintain transmission infrastructure. Monitoring this helps assess the segment's leverage and the impact of financing costs on net income.