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Discontinued — last reported Q3 '22

Operating margin at other companies

Dominion Energy logo
Dominion EnergyD
26.3%+1.9pp
Nextra Energy logo
Nextra EnergyNEE
29.8%-0.8pp
PPL logo
PPLPPL
23.6%+2.0pp
FirstEnergy logo
FirstEnergyFE
14.8%-3.2pp
Exelon logo
ExelonEXC
21%+1.0pp
Duke Energy logo
Duke EnergyDUK
27.2%+1.6pp

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$69.79B+22.1%
Enterprise value$119.18B
P/E22×+1.4×
P/S3.1×-0.1×

Profitability

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Net margin13.1%-1.5pp

Returns & leverage

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Return on equity10.6%-0.6pp
Debt / equity1.6×
Current ratio0.5×

Where this comes from

Calculated from American Electric Power’s reported figures.

Based on trailing twelve months.

The official record: American Electric Power’s 10-Q, filed November 2, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Electric Power's operating margin?
American Electric Power (AEP) reported operating margin of 19.2% in Q3 2022.
How has American Electric Power's operating margin changed year-over-year?
American Electric Power's operating margin decreased by 5.0% year-over-year, from 20.2% to 19.2%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.