American Electric Power AEP Business Segments
| Q1 '26 | Q4 '25 | Q1 '25 | Q3 '23 | Q4 '22 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| AEPTHCo | $598M+10.3% | —— | $542M— | $476.7M+10.6% | —— | |
| G&M | $952M+7.0% | —— | $890M— | $566.7M-22.9% | —— | |
| T&D | $1.61B+5.4% | —— | $1.53B— | $1.54B+0.9% | —— | |
| Income Tax Expense (Benefit) by Business | ||||||
| G&M | $22M-38.9% | —— | $36M— | —— | —— | |
| T&D | $40M+17.6% | —— | $34M— | —— | —— | |
| VIU | -$48M-207% | —— | $45M— | —— | —— | |
| Earnings Attributable to AEP Common Shareholders, Basic by Business | ||||||
| G&M | $75M-26.5% | —— | $102M— | —— | —— | |
| T&D | $237M+43.6% | —— | $165M— | —— | —— | |
| VIU | $462M+42.6% | —— | $324M— | —— | —— | |
| Earnings Attributable to AEP Common Shareholders, Diluted by Business | ||||||
| G&M | $75M-26.5% | —— | $102M— | —— | —— | |
| T&D | $237M+43.6% | —— | $165M— | —— | —— | |
| VIU | $462M+42.6% | —— | $324M— | —— | —— | |
| Taxes Other Than Income Taxes by Business | ||||||
| G&M | $1M0.0% | —— | $1M— | —— | —— | |
| T&D | $200M-2.4% | —— | $205M— | —— | —— | |
| VIU | $144M+7.5% | —— | $134M— | —— | —— | |
| Other Segment Items by Business | ||||||
| G&M | -$15M-36.4% | —— | -$11M— | —— | —— | |
| T&D | -$16M-33.3% | —— | -$12M— | —— | —— | |
| VIU | -$22M+4.3% | —— | -$23M— | —— | —— | |
| Interest Expense by Business | ||||||
| G&M | $1M-50.0% | —— | $2M— | —— | —— | |
| State Transcos | $65M-22.6% | —— | $84M— | —— | —— | |
| T&D | $105M-6.3% | —— | $112M— | —— | —— | |
| VIU | $245M+22.5% | —— | $200M— | —— | —— | |
| Equity Earnings (Loss) of Unconsolidated Subsidiaries by Business | ||||||
| G&M | $0— | —— | $0— | —— | —— | |
| T&D | $0-100% | —— | $1M— | —— | —— | |
| Total Assets by Business | ||||||
| G&M | $2.6B— | $2B— | —— | $2.52B-53.2% | $4.52B+6.0% | |
| T&D | $30.25B— | $29.27B— | —— | $24.33B+9.9% | $22.92B+8.5% | |
| VIU | $63.76B— | $61.78B— | —— | —— | —— | |
| Depreciation and Amortization by Business | ||||||
| G&M | $5M+25.0% | —— | $4M— | —— | —— | |
| T&D | $217M+6.9% | —— | $203M— | —— | —— | |
| VIU | $559M+8.5% | —— | $515M— | —— | —— | |
| Gross Property Additions by Business | ||||||
| G&M | $5M+25.0% | —— | $4M— | —— | —— | |
| State Transcos | $403M-4.5% | —— | $422M— | —— | —— | |
| T&D | $1.06B+50.7% | —— | $704M— | —— | —— | |
| VIU | $2.14B+133% | —— | $921M— | —— | —— | |
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation by Business | ||||||
| G&M | $854M+46.5% | —— | $583M— | —— | —— | |
| T&D | $271M+3.0% | —— | $263M— | —— | —— | |
| VIU | $1.08B0.0% | —— | $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 | $4M— | $4M— | —— | —— | —— | |
| Other Operation and Maintenance by Business | ||||||
| G&M | $9M-70.0% | —— | $30M— | —— | —— | |
| T&D | $580M+0.5% | —— | $577M— | —— | —— | |
| VIU | $1.02B+15.0% | —— | $884M— | —— | —— | |
| Allowance for Equity Funds Used During Construction by Business | ||||||
| G&M | $0— | —— | $0— | —— | —— | |
| T&D | $25M+31.6% | —— | $19M— | —— | —— | |
| VIU | $23M+43.8% | —— | $16M— | —— | —— | |
| Total Revenues by Product | ||||||
| Electric Generation, Transmission and Distribution | $1.07B-2.5% | —— | $1.1B— | —— | —— | |
| Electric Transmission and Distribution | $1.59B+5.2% | —— | $1.52B— | —— | —— | |
| Electricity, Transmission and Distribution | $1.07B+8.0% | —— | $990M— | —— | —— | |
| Generation & Marketing | $931M+27.5% | —— | $730M— | —— | —— | |
| Other Revenues | $158M+19.7% | —— | $132M— | —— | —— | |
| (Provision For) Reversal Of Refund | -$48M+17.2% | —— | -$58M— | —— | —— | |
| Sales to AEP Affiliates | $470M+9.3% | —— | $430M— | —— | —— | |
| Transmission Revenues | $110M+3.8% | —— | $106M— | —— | —— | |
| Vertically Integrated Utilities | $3.37B+9.0% | —— | $3.09B— | —— | —— | |
| Total Other Revenues by Product | ||||||
| Alternative Revenue Programs | -$11M+26.7% | —— | -$15M— | —— | —— | |
| Other Revenues | $102M+159% | —— | -$172M— | —— | —— | |
| Total Revenues from Contracts with Customers by Product | ||||||
| Generation Revenues | $414M+16.3% | —— | $356M— | —— | —— | |
| Industrial Revenues | $777M+4.9% | —— | $741M— | —— | —— | |
| Other Retail Revenues | $74M+7.2% | —— | $69M— | —— | —— | |
| Residential Revenues | $2.1B+0.3% | —— | $2.09B— | —— | —— | |
| Retail, Trading and Marketing Revenues | $749M-8.9% | —— | $822M— | —— | —— | |
| Transmission Revenues | $564M+11.5% | —— | $506M— | —— | —— | |
| Total Gain (Loss) on Risk Management Contracts by Product | ||||||
| Electric Generation, Transmission and Distribution | -$31M+6.1% | —— | -$33M— | —— | —— | |
| Generation & Marketing | $99M+169% | —— | -$143M— | —— | —— | |
| Vertically Integrated Utilities | -$30M+9.1% | —— | -$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.
