American Electric Power PP&E (Net) increased by 3.4% to $75.82B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $69.81B to $75.82B. Over 2 years (FY 2020 to FY 2022), PP&E (Net) shows an upward trend with a 7.1% CAGR.
An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.
The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...
Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.
property_plant_equipment_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $65.66B | $66.69B | $66.00B | $67.88B | $68.71B | $69.81B | $73.34B | $75.82B |
| QoQ Change | — | +1.6% | -1.0% | +2.8% | +1.2% | +1.6% | +5.1% | +3.4% |
| YoY Change | — | — | — | — | +4.6% | +4.7% | +11.1% | +8.6% |