American Electric Power Transmission And Distribution Companies — Total Assets increased by 6.1% to $24.33B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $22.14B to $24.33B. This is a positive signal — higher values indicate stronger performance for this metric.
An increase typically signals significant capital investment in grid modernization or expansion, which often leads to future rate base growth and potential earnings increases.
This metric represents the total book value of all assets dedicated to the transmission and distribution segment, includ...
Comparable to the regulated asset base (RAB) or net plant in service reported by other major investor-owned utilities.
aep_segment_transmission_and_distribution_utilities_total_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $20.37B | $21.05B | $21.12B | $21.41B | $22.44B | $22.14B | $22.92B | $24.33B |
| QoQ Change | — | +3.4% | +0.3% | +1.4% | +4.8% | -1.4% | +3.5% | +6.1% |
| YoY Change | — | — | — | — | +10.2% | +5.2% | +8.5% | +9.9% |