Business Segments · Income Tax Expense (Benefit)
Vertically Integrated Utilities — Income Tax Expense (Benefit)
American Electric Power Vertically Integrated Utilities — Income Tax Expense (Benefit) remained flat by 0.0% to -$2.80M in Q4 2021 compared to the prior quarter.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2021
Rolls up toIncome Tax
How to read this metric
A benefit indicates tax credits or deferred tax assets, while an expense reflects standard tax obligations on profitable operations.
Detailed definition
This represents the provision for income taxes or the benefit derived from tax credits and deferred tax accounting withi...
Peer comparison
Varies based on regional tax jurisdictions and the utilization of renewable energy tax incentives common in the utility sector.
Metric ID:
aep_segment_vertically_integrated_utilities_income_tax_expense_benefitHistorical Data
1 years
| FY'21 | |
|---|---|
| Value | -$11.20M |
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Frequently Asked Questions
- What is American Electric Power's vertically integrated utilities — income tax expense (benefit)?
- American Electric Power (AEP) reported vertically integrated utilities — income tax expense (benefit) of -$2.80M in Q4 2021.
- What does vertically integrated utilities — income tax expense (benefit) mean?
- The net tax cost or benefit attributed to the utility segment's earnings.