Non-Current Assets

Goodwill

American Electric Power Goodwill remained flat by 0.0% to $52.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $52.50M to $52.50M. Over 2 years (FY 2020 to FY 2022), Goodwill shows relatively stable performance with a 0.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.

Detailed definition

Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...

Peer comparison

Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.

Metric ID: goodwill

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$52.50M$52.50M$52.50M$52.50M$52.50M$52.50M$52.50M$52.50M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%
YoY Change+0.0%+0.0%+0.0%+0.0%
Range$52.50M$52.50M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak7+ quarters growth

Frequently Asked Questions

What is American Electric Power's goodwill?
American Electric Power (AEP) reported goodwill of $52.50M in Q3 2023.
How has American Electric Power's goodwill changed year-over-year?
American Electric Power's goodwill decreased by 0.0% year-over-year, from $52.50M to $52.50M.
What is the long-term trend for American Electric Power's goodwill?
Over 2 years (2020 to 2022), American Electric Power's goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $52.50M to $52.50M.
What does goodwill mean?
The premium paid for an acquisition above the value of its tangible and identifiable assets.