Other

Contingently Reedemable Performance Share Awards

American Electric Power Contingently Reedemable Performance Share Awards increased by 63.6% to $75.10M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $73.30M to $75.10M. Over 2 years (FY 2020 to FY 2022), Contingently Reedemable Performance Share Awards shows relatively stable performance with a 0.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalLower is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ3 2023

How to read this metric

Increases reflect higher potential future dilution or cash outflows related to performance-based compensation.

Detailed definition

This represents equity-like instruments that are contingently redeemable or have characteristics that prevent them from...

Peer comparison

Common in companies with complex executive compensation structures involving performance shares.

Metric ID: other_mezzanine_equity

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$64.90M$73.30M$43.30M$55.10M$63.60M$73.30M$45.90M$75.10M
QoQ Change+12.9%-40.9%+27.3%+15.4%+15.3%-37.4%+63.6%
YoY Change-2.0%+0.0%+6.0%+2.5%
Range$43.30M$75.10M
CAGR+8.7%
Avg YoY Growth+1.6%
Median YoY Growth+1.2%

Frequently Asked Questions

What is American Electric Power's contingently reedemable performance share awards?
American Electric Power (AEP) reported contingently reedemable performance share awards of $75.10M in Q3 2023.
How has American Electric Power's contingently reedemable performance share awards changed year-over-year?
American Electric Power's contingently reedemable performance share awards increased by 2.5% year-over-year, from $73.30M to $75.10M.
What is the long-term trend for American Electric Power's contingently reedemable performance share awards?
Over 2 years (2020 to 2022), American Electric Power's contingently reedemable performance share awards has grown at a 0.8% compound annual growth rate (CAGR), from $45.20M to $45.90M.
What does contingently reedemable performance share awards mean?
Equity-linked awards that may be redeemed or settled based on specific future conditions.