Other

Noncontrolling interests in subsidiaries

American Electric Power Noncontrolling interests in subsidiaries decreased by 82.6% to $39.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 83.0%, from $234.10M to $39.90M. Over 2 years (FY 2020 to FY 2022), Noncontrolling interests in subsidiaries shows relatively stable performance with a 1.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

Fluctuations reflect changes in the profitability of partially owned subsidiaries or changes in ownership percentages.

Detailed definition

This represents the portion of equity in a subsidiary that is not attributable to the parent company. It reflects the ow...

Peer comparison

Common in mining companies that operate through joint ventures or regional subsidiaries.

Metric ID: other_minority_interest

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$251.20M$249.10M$247.00M$246.80M$241.00M$234.10M$229.00M$39.90M
QoQ Change-0.8%-0.8%-0.1%-2.4%-2.9%-2.2%-82.6%
YoY Change-4.1%-6.0%-7.3%-83.0%
Range$39.90M$251.20M
CAGR-65.1%
Avg YoY Growth-25.1%
Median YoY Growth-6.7%
Current Streak7+ quarters decline

Frequently Asked Questions

What is American Electric Power's noncontrolling interests in subsidiaries?
American Electric Power (AEP) reported noncontrolling interests in subsidiaries of $39.90M in Q3 2023.
How has American Electric Power's noncontrolling interests in subsidiaries changed year-over-year?
American Electric Power's noncontrolling interests in subsidiaries decreased by 83.0% year-over-year, from $234.10M to $39.90M.
What is the long-term trend for American Electric Power's noncontrolling interests in subsidiaries?
Over 2 years (2020 to 2022), American Electric Power's noncontrolling interests in subsidiaries has grown at a 1.2% compound annual growth rate (CAGR), from $223.60M to $229.00M.
What does noncontrolling interests in subsidiaries mean?
The share of a subsidiary's value that belongs to other investors rather than the parent company.