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American Electric Power AEP Regulatory assets

Regulatory assets at other companies

Xcel Energy logo
Xcel EnergyXEL
$482M-23.1%
Dominion Energy logo
Dominion EnergyD
$1.29B+29.5%
Nextra Energy logo
Nextra EnergyNEE
$448M-59.9%
FirstEnergy logo
FirstEnergyFE
$1.09B+71.7%
Duke Energy logo
Duke EnergyDUK
$2.27B-14.8%
PG&E logo
PG&EPCG
$230M+8.5%

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$69.48B+22.1%
Enterprise value$118.86B
P/E21.9×+1.4×
P/S3.1×-0.1×

Profitability

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

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:RegulatoryAssetsCurrent.

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 regulatory assets?
American Electric Power (AEP) reported regulatory assets of $594M in Q1 2026.
What is the long-term trend for American Electric Power's regulatory assets?
Over 3 years (2020 to 2025), American Electric Power's regulatory assets has grown at a 67.5% compound annual growth rate (CAGR), from $90.7M to $426M.
What does regulatory assets mean?
Costs incurred by the utility that regulators have agreed can be recovered from customers in future rate cycles.
How do you interpret regulatory assets?
An increase suggests the utility is deferring costs for future recovery, which may impact future rate cases, while a decrease indicates the amortization or recovery of these costs.
How does regulatory assets compare across companies?
Unique to regulated utilities; peers will have similar line items reflecting their specific regulatory jurisdictions and cost-recovery mechanisms.