Business Segments · Total Assets

Transmission And Distribution Companies — Total Assets

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ3 2023
Rolls up toTotal Assets

How to read 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.

Detailed definition

This metric represents the total book value of all assets dedicated to the transmission and distribution segment, includ...

Peer comparison

Comparable to the regulated asset base (RAB) or net plant in service reported by other major investor-owned utilities.

Metric ID: aep_segment_transmission_and_distribution_utilities_total_assets

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '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%
Range$20.37B$24.33B
CAGR+10.7%
Avg YoY Growth+8.4%
Median YoY Growth+9.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is American Electric Power's transmission and distribution companies — total assets?
American Electric Power (AEP) reported transmission and distribution companies — total assets of $24.33B in Q3 2023.
How has American Electric Power's transmission and distribution companies — total assets changed year-over-year?
American Electric Power's transmission and distribution companies — total assets increased by 9.9% year-over-year, from $22.14B to $24.33B.
What does transmission and distribution companies — total assets mean?
The total value of all physical infrastructure and equipment used to deliver electricity to customers.