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American Electric Power AEP Allowance for Funds Used During Construction, Equity

Allowance for Funds Used During Construction, Equity at other companies

OGE Energy logo
OGE EnergyOGE
$7.5M+7.1%
Xcel Energy logo
Xcel EnergyXEL
$92M+91.7%
Portland General Electric logo
Portland General ElectricPOR
$3M-40.0%
Southern Company logo
Southern CompanySO
Ameren logo
AmerenAEE
EVR
EvergyEVRG

Segments

By segment

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T&D$25M+31.6%
VIU$23M+43.8%
G&M$0

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$73.42B+31.2%
Enterprise value$122.81B
P/E23.1×+1.5×
P/S3.3×-0.1×

Profitability

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Operating margin19.2%-1.0pp
Net margin13.1%-1.5pp
FCF margin19.4%

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:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity.

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 allowance for funds used during construction, equity?
American Electric Power (AEP) reported allowance for funds used during construction, equity of $70M in Q1 2026.
How has American Electric Power's allowance for funds used during construction, equity changed year-over-year?
American Electric Power's allowance for funds used during construction, equity increased by 22.8% year-over-year, from $57M to $70M.
What does allowance for funds used during construction, equity mean?
This represents the non-cash equity component of the allowance for funds used during construction (AFUDC) for regulated utility projects. It reflects the cost of equity capital used to finance construction work in progress, which is capitalized as part of the asset cost and subsequently recovered through rates. This metric is critical for utilities as it recognizes the opportunity cost of capital tied up in long-term infrastructure projects before they are placed in service.