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American Electric Power AEP Allowance for equity funds used during construction

Allowance for equity funds used during construction at other companies

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Nextra EnergyNEE
$52M+36.8%

Segments

By segment

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T&D$25M+31.6%
VIU$23M+43.8%
G&M$0

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%
CapEx$965.0M
Free cash flow$554.0M-61.8%

Valuation

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Market cap$73.42B+31.2%
Enterprise value$122.81B
P/E23.1×+1.5×
P/S3.3×-0.1×

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×