American Electric Power AEP Business Segments
| Q1 '26 | Q4 '25 | Q1 '25 | Q3 '23 | Q4 '22 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| AEPTHCo | $598M— | —— | $542M+13.7% | $476.7M— | —— | |
| G&M | $952M— | —— | $890M+57.0% | $566.7M— | —— | |
| T&D | $1.61B— | —— | $1.53B-1.1% | $1.54B— | —— | |
| Income Tax Expense (Benefit) by Business | ||||||
| G&M | $22M— | —— | $36M— | —— | —— | |
| T&D | $40M— | —— | $34M— | —— | —— | |
| VIU | -$48M— | —— | $45M— | —— | —— | |
| Earnings Attributable to AEP Common Shareholders, Basic by Business | ||||||
| G&M | $75M— | —— | $102M— | —— | —— | |
| T&D | $237M— | —— | $165M— | —— | —— | |
| VIU | $462M— | —— | $324M— | —— | —— | |
| Earnings Attributable to AEP Common Shareholders, Diluted by Business | ||||||
| G&M | $75M— | —— | $102M— | —— | —— | |
| T&D | $237M— | —— | $165M— | —— | —— | |
| VIU | $462M— | —— | $324M— | —— | —— | |
| Taxes Other Than Income Taxes by Business | ||||||
| G&M | $1M— | —— | $1M— | —— | —— | |
| T&D | $200M— | —— | $205M— | —— | —— | |
| VIU | $144M— | —— | $134M— | —— | —— | |
| Other Segment Items by Business | ||||||
| G&M | -$15M— | —— | -$11M— | —— | —— | |
| T&D | -$16M— | —— | -$12M— | —— | —— | |
| VIU | -$22M— | —— | -$23M— | —— | —— | |
| Interest Expense by Business | ||||||
| G&M | $1M— | —— | $2M— | —— | —— | |
| State Transcos | $65M— | —— | $84M— | —— | —— | |
| T&D | $105M— | —— | $112M— | —— | —— | |
| VIU | $245M— | —— | $200M— | —— | —— | |
| Equity Earnings (Loss) of Unconsolidated Subsidiaries by Business | ||||||
| G&M | $0— | —— | $0— | —— | —— | |
| T&D | $0— | —— | $1M— | —— | —— | |
| Total Assets by Business | ||||||
| G&M | $2.6B+29.7% | $2B— | —— | $2.52B-44.3% | $4.52B-15.9% | |
| T&D | $30.25B+3.3% | $29.27B— | —— | $24.33B+6.1% | $22.92B+3.5% | |
| VIU | $63.76B+3.2% | $61.78B— | —— | —— | —— | |
| Depreciation and Amortization by Business | ||||||
| G&M | $5M— | —— | $4M— | —— | —— | |
| T&D | $217M— | —— | $203M— | —— | —— | |
| VIU | $559M— | —— | $515M— | —— | —— | |
| Gross Property Additions by Business | ||||||
| G&M | $5M— | —— | $4M— | —— | —— | |
| State Transcos | $403M— | —— | $422M— | —— | —— | |
| T&D | $1.06B— | —— | $704M— | —— | —— | |
| VIU | $2.14B— | —— | $921M— | —— | —— | |
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation by Business | ||||||
| G&M | $854M— | —— | $583M— | —— | —— | |
| T&D | $271M— | —— | $263M— | —— | —— | |
| VIU | $1.08B— | —— | $1.08B— | —— | —— | |
| Asset Impairments and Other Related Charges by Business | ||||||
| G&M | $0— | —— | —— | —— | —— | |
| T&D | $0— | —— | —— | —— | —— | |
| VIU | $31M— | —— | —— | —— | —— | |
| Equity Method Investment by Business | ||||||
| G&M | $0— | $0— | —— | —— | —— | |
| T&D | $4M0.0% | $4M— | —— | —— | —— | |
| Other Operation and Maintenance by Business | ||||||
| G&M | $9M— | —— | $30M— | —— | —— | |
| T&D | $580M— | —— | $577M— | —— | —— | |
| VIU | $1.02B— | —— | $884M— | —— | —— | |
| Allowance for Equity Funds Used During Construction by Business | ||||||
| G&M | $0— | —— | $0— | —— | —— | |
| T&D | $25M— | —— | $19M— | —— | —— | |
| VIU | $23M— | —— | $16M— | —— | —— | |
| Total Revenues by Product | ||||||
| Electric Generation, Transmission and Distribution | $1.07B— | —— | $1.1B— | —— | —— | |
| Electric Transmission and Distribution | $1.59B— | —— | $1.52B— | —— | —— | |
| Electricity, Transmission and Distribution | $1.07B— | —— | $990M— | —— | —— | |
| Generation & Marketing | $931M— | —— | $730M— | —— | —— | |
| Other Revenues | $158M— | —— | $132M— | —— | —— | |
| (Provision For) Reversal Of Refund | -$48M— | —— | -$58M— | —— | —— | |
| Sales to AEP Affiliates | $470M— | —— | $430M— | —— | —— | |
| Transmission Revenues | $110M— | —— | $106M— | —— | —— | |
| Vertically Integrated Utilities | $3.37B— | —— | $3.09B— | —— | —— | |
| Total Other Revenues by Product | ||||||
| Alternative Revenue Programs | -$11M— | —— | -$15M— | —— | —— | |
| Other Revenues | $102M— | —— | -$172M— | —— | —— | |
| Total Revenues from Contracts with Customers by Product | ||||||
| Generation Revenues | $414M— | —— | $356M— | —— | —— | |
| Industrial Revenues | $777M— | —— | $741M— | —— | —— | |
| Other Retail Revenues | $74M— | —— | $69M— | —— | —— | |
| Residential Revenues | $2.1B— | —— | $2.09B— | —— | —— | |
| Retail, Trading and Marketing Revenues | $749M— | —— | $822M— | —— | —— | |
| Transmission Revenues | $564M— | —— | $506M— | —— | —— | |
| Total Gain (Loss) on Risk Management Contracts by Product | ||||||
| Electric Generation, Transmission and Distribution | -$31M— | —— | -$33M— | —— | —— | |
| Generation & Marketing | $99M— | —— | -$143M— | —— | —— | |
| Vertically Integrated Utilities | -$30M— | —— | -$33M— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does American Electric Power break its business down?
- American Electric Power (AEP) reports revenue by business across 3 parts — AEPTHCo, G&M and T&D. Each is extracted from the segment footnotes and tracked over time.
- Where does American Electric Power's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in American Electric Power's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
