Other
Asset Retirement Obligation
American Electric Power Asset Retirement Obligation increased by 0.5% to $2.96B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from $2.92B to $2.96B. Over 2 years (FY 2020 to FY 2022), Asset Retirement Obligation shows an upward trend with a 8.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025
How to read this metric
Changes reflect updates to environmental regulations, cost estimates, or the timing of asset retirements.
Detailed definition
This represents the estimated liability for the future costs associated with retiring long-lived assets, such as power p...
Peer comparison
Crucial for comparing environmental liability exposure among utility companies with aging infrastructure.
Metric ID:
other_asset_retirement_obligationHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $2.62B | $2.66B | $2.74B | $2.82B | $2.86B | $2.92B | $2.94B | $2.96B |
| QoQ Change | — | +1.4% | +3.1% | +2.7% | +1.4% | +2.3% | +0.8% | +0.5% |
| YoY Change | — | — | — | — | +8.9% | +9.9% | +7.4% | +1.3% |
Range$2.62B – $2.96B
CAGR+7.1%
Avg YoY Growth+6.9%
Median YoY Growth+8.2%
Current Streak7+ quarters growth
Asset Retirement Obligation at Other Companies
Frequently Asked Questions
- What is American Electric Power's asset retirement obligation?
- American Electric Power (AEP) reported asset retirement obligation of $2.96B in Q3 2023.
- How has American Electric Power's asset retirement obligation changed year-over-year?
- American Electric Power's asset retirement obligation increased by 1.3% year-over-year, from $2.92B to $2.96B.
- What is the long-term trend for American Electric Power's asset retirement obligation?
- Over 2 years (2020 to 2022), American Electric Power's asset retirement obligation has grown at a 8.2% compound annual growth rate (CAGR), from $2.52B to $2.94B.
- What does asset retirement obligation mean?
- The estimated future cost to retire and clean up company assets, discounted to present value.