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American Electric Power AEP Unbilled Receivables

Unbilled Receivables at other companies

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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$713.0M
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$68.85B+13.4%
Enterprise value$118.24B
P/E20.4×+1.3×

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:UnbilledReceivablesCurrent.

The source filing: American Electric Power’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 10:23 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000004904-26-000034
Line itemMarch 31, 2026December 31, 2025
Other Temporary Investments(March 31, 2026 and December 31, 2025 Amounts Include $202 and $209, Respectively, Related to EIS)210220
Accounts Receivable:
Customers1,3381,166
Accrued Unbilled Revenues349421
Pledged Accounts Receivable – AEP Credit1,2881,272
Miscellaneous5360
Allowance for Credit Losses(58)(52)
Total Accounts Receivable2,9702,867

Cover / Front Matter

FAQ

What is American Electric Power's unbilled receivables?
American Electric Power (AEP) reported unbilled receivables of $349M in Q1 2026.
What is the long-term trend for American Electric Power's unbilled receivables?
Over 3 years (2020 to 2025), American Electric Power's unbilled receivables has grown at a 19.2% compound annual growth rate (CAGR), from $248.7M to $421M.
What does unbilled receivables mean?
Revenue that has been earned through the delivery of electricity but has not yet been formally billed to the customer as of the balance sheet date. This occurs due to the timing difference between meter reading cycles and the financial reporting period. It is a standard accrual in the utility industry reflecting the continuous nature of service delivery.

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