What is American Electric Power's capex?

American Electric Power (AEP) reported capex of $965M in Q1 2026.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

American Electric Power AEP CapEx

CapEx at other companies

Southern CompanySO

$2.94B+20.8%

Nextra EnergyNEE

$3.05B+30.1%

OGE EnergyOGE

$266.8M+6.9%

FirstEnergyFE

$1.26B+24.9%

Duke EnergyDUK

$3.28B+9.5%

Dominion EnergyD

——

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%

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:PaymentsToAcquireProductiveAssets.

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 capex?: American Electric Power (AEP) reported capex of $965M in Q1 2026.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.