What does state transcos — other operation and maintenance mean?

Represents the recurring non-fuel operating and maintenance expenses incurred by the transmission business segment. This includes costs related to the upkeep of transmission lines, substations, and administrative support necessary to maintain grid reliability. It excludes direct depreciation, taxes, and interest-related costs.

American Electric Power AEP State Transcos — Other Operation and Maintenance

Other segment segments

VIU

$1.02B+15.0%

T&D

$580M+0.5%

G&M

$9M-70.0%

Similar metrics at other companies

WECElectric Transmission — Other operation and maintenance

$0—

AEEAmeren Transmission — Other operations and maintenance

$19M0.0%

EQTTransmission — Total Operating Expenses

$45.43M+5.4%

AEEAmeren Illinois Transmission — Other operations and maintenance

$15M0.0%

EQTTransmission — Operating and maintenance

$12.76M+16.1%

FERegulated Transmission — Other operating expense

$79M-19.4%

Other financials

Income statement

See full

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

See full

Cash & equivalents$339.0M+16.1%

Total debt$49.7B—

Total equity$31.8B+16.2%

Total assets$117.78B—

Cash flow

See full

Operating cash flow$1.5B+4.8%

CapEx$965.0M—

Free cash flow$554.0M-61.8%

Valuation

See full

Market cap$75.46B+36.8%

Enterprise value$124.85B—

P/E23.7×+1.5×

P/S3.4×-0.2×

Profitability

See full

Operating margin19.2%-1.0pp

Net margin13.1%-1.5pp

FCF margin19.4%—

Returns & leverage

See full

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:UtilitiesOperatingExpenseMaintenanceAndOperations.

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

Ask your AI about American Electric Power's state transcos — other operation and maintenance.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is American Electric Power's state transcos — other operation and maintenance?: American Electric Power (AEP) reported state transcos — other operation and maintenance of $51M in Q1 2026.
What does state transcos — other operation and maintenance mean?: Represents the recurring non-fuel operating and maintenance expenses incurred by the transmission business segment. This includes costs related to the upkeep of transmission lines, substations, and administrative support necessary to maintain grid reliability. It excludes direct depreciation, taxes, and interest-related costs.