Discontinued — last reported Q4 '23

Non-Current Assets

Regulatory assets

American Electric Power Regulatory assets decreased by 17.0% to $1.09B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.4%, from $1.14B to $1.09B. Over 2 years (FY 2020 to FY 2022), Regulatory assets shows an upward trend with a 280.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2023

How to read this metric

Growth in these assets indicates ongoing capital investment or deferred costs that will support future revenue streams.

Detailed definition

These are costs incurred by the utility that regulators have authorized for future recovery through customer rates. This...

Peer comparison

Specific to regulated utilities; peers in the sector will have similar structures based on state-specific regulatory compacts.

Metric ID: utility_regulatory_assets

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$180.30M$307.00M$647.80M$840.70M$1.32B$1.14B$1.31B$1.09B
QoQ Change+70.3%+111.0%+29.8%+57.6%-14.2%+15.2%-17.0%
YoY Change+634.8%+270.4%+102.2%-4.4%
Range$180.30M$1.32B
CAGR+179.2%
Avg YoY Growth+250.8%
Median YoY Growth+186.3%

Regulatory assets at Other Companies

Frequently Asked Questions

What is American Electric Power's regulatory assets?
American Electric Power (AEP) reported regulatory assets of $1.09B in Q3 2023.
How has American Electric Power's regulatory assets changed year-over-year?
American Electric Power's regulatory assets decreased by 4.4% year-over-year, from $1.14B to $1.09B.
What is the long-term trend for American Electric Power's regulatory assets?
Over 2 years (2020 to 2022), American Electric Power's regulatory assets has grown at a 280.0% compound annual growth rate (CAGR), from $90.70M to $1.31B.
What does regulatory assets mean?
Costs the company has spent that regulators have agreed can be recovered from customers in future billing periods.