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American Electric Power AEP Construction work in progress

Construction work in progress at other companies

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Nextra EnergyNEE
PG&E logo
PG&EPCG
CMS
CMS EnergyCMS
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VistraVST

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$69.48B+22.1%
Enterprise value$118.86B
P/E21.9×+1.4×
P/S3.1×-0.1×

Profitability

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Operating margin19.2%-1.0pp
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

Reported directly by American Electric Power in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The official record: American Electric Power’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Electric Power's construction work in progress?
American Electric Power (AEP) reported construction work in progress of $8.31B in Q1 2026.
What is the long-term trend for American Electric Power's construction work in progress?
Over 3 years (2020 to 2025), American Electric Power's construction work in progress has grown at a 23.8% compound annual growth rate (CAGR), from $4.03B to $7.64B.
What does construction work in progress mean?
The total cost of capital projects currently being built but not yet operational.
How do you interpret construction work in progress?
An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.
How does construction work in progress compare across companies?
Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.