Discontinued — last reported Q4 '25
Current Liabilities
Income Taxes Payable
American Electric Power Income Taxes Payable decreased by 30.0% to $1.20B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $1.12B to $1.20B. Over 2 years (FY 2020 to FY 2022), Income Taxes Payable shows an upward trend with a 7.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.24B | $1.05B | $1.59B | $1.49B | $1.35B | $1.12B | $1.71B | $1.20B |
| QoQ Change | — | -15.8% | +51.6% | -6.4% | -9.1% | -17.3% | +53.5% | -30.0% |
| YoY Change | — | — | — | — | +8.6% | +6.7% | +8.1% | +7.5% |
Range$1.05B – $1.71B
CAGR-2.0%
Avg YoY Growth+7.7%
Median YoY Growth+7.8%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is American Electric Power's income taxes payable?
- American Electric Power (AEP) reported income taxes payable of $1.20B in Q3 2023.
- How has American Electric Power's income taxes payable changed year-over-year?
- American Electric Power's income taxes payable increased by 7.5% year-over-year, from $1.12B to $1.20B.
- What is the long-term trend for American Electric Power's income taxes payable?
- Over 2 years (2020 to 2022), American Electric Power's income taxes payable has grown at a 7.8% compound annual growth rate (CAGR), from $1.48B to $1.71B.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.